Announcement • 8h
Allegro Microsystems, Inc. Provides Earnings Guidance for the First Quarter Ending June 26, 2026 Allegro MicroSystems, Inc. provided earnings guidance for the first quarter ending June 26, 2026. For the period, the company expects total net sales to be in the range of $245 million to $255 million. At the midpoint of this range, it implies growth in net sales of 23% year-over-year. Announcement • Apr 16
Allegro MicroSystems, Inc. to Report Q4, 2026 Results on May 07, 2026 Allegro MicroSystems, Inc. announced that they will report Q4, 2026 results Pre-Market on May 07, 2026 Announcement • Feb 10
Allegro MicroSystems Expands Current Sensing Leadership with Industry's Highest Accuracy Magnetic Current Sensor Allegro MicroSystems, Inc. introduced the ACS37017, a new Hall-effect current sensor that sets the industry benchmark for accuracy. With the launch of the ACS37017, Allegro completes a strategic expansion of its high-performance portfolio that now includes definitive, market-leading solutions for the three critical challenges in modern power electronics: Speed (ACS37100), Power Density (ACS37200), and Accuracy (ACS37017). As power converters in AI data centers, electrified vehicles (xEVs), and clean energy systems push for higher efficiency, one size doesn't fit all. Designers seek specialized solutions tailored to their specific performance objectives. The factory-calibrated ACS37017 answers the call for accuracy, integrating high-voltage isolation with an advanced sensing architecture to achieve an 0.55% typical sensitivity error over lifetime and temperature. This level of accuracy delivers the high-fidelity feedback required to stabilize high-voltage power conversion systems. The ACS37017 serves as the standard-bearer for accuracy in Allegro's newly expanded lineup and joins two recently launched current sensors that offer a solution for key design priorities: Speed: The ACS37100, powered by XtremeSense TMR technology, delivers 10-MHz bandwidth. Recently named an EDN Product of the Year, the sensor protects fast-switching GaN and SiC platforms where nanoseconds matter. Power Density: The ACS37200 leads the market in density, featuring a 50 µO conductor that slashes power loss by up to 90% and shrinks footprint by up to 95% for space-constrained applications compared to competing solutions. Accuracy: The new ACS37017 completes the toolkit. With 0.55% typical accuracy, it offers the ultra-low drift and precise signal conditioning required for the most demanding control loops in high-voltage power conversion. Announcement • Feb 03
Allegro MicroSystems, Inc. Promotes Ian Kent to Senior Vice President, Operations and Jamie Haas to Vice President, Chief Technology Officer Allegro MicroSystems, Inc. has promoted Ian Kent to Senior Vice President, Operations and Jamie Haas to Vice President, Chief Technology Officer. Ian will be responsible for Allegro’s worldwide manufacturing, quality, and supply chain operations, including internal and external manufacturing and the assembly and test facility in the Philippines. He assumes responsibilities previously overseen by the CEO and brings deep operational continuity to this role. In addition to 25 years of experience in semiconductors, since joining Allegro in 2023, Ian has held progressively senior operations leadership roles, most recently serving as Vice President, Operations, with responsibility for global manufacturing excellence and supply chain execution. As Vice President, Chief Technology Officer, Jamie will lead Allegro’s technology vision, strategic technology development, and AI product and tool strategy, assuming CTO responsibilities previously overseen by the CEO. Jamie brings 25 years of semiconductor design and development experience, including over 20 years at Allegro, and has been instrumental in advancing next-generation technologies aligned with the ‘Innovation with Purpose’ strategy. His expertise and vision in AI and machine learning will be instrumental as Allegro evolves its product roadmap and enhances its chip development processes by using transformative AI capabilities, while simultaneously accelerating market-leading innovations for customers. Announcement • Jan 29
Allegro MicroSystems, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2026 Ending March 27, 2026 Allegro MicroSystems, Inc. provided earnings guidance for the fourth quarter of fiscal year 2026 ending March 27, 2026. The Company expected total net sales to be in the range of $230 million to $240 million. At the midpoint of this range, it implies growth in net sales of 22% year-over-year. Announcement • Jan 08
Allegro MicroSystems, Inc. to Report Q3, 2026 Results on Jan 29, 2026 Allegro MicroSystems, Inc. announced that they will report Q3, 2026 results Pre-Market on Jan 29, 2026 Announcement • Oct 30
Allegro MicroSystems, Inc. Provides Earnings Guidance for the Third Quarter Ending December 26, 2025 Allegro MicroSystems, Inc. provided earnings guidance for the third quarter ending December 26, 2025. For the quarter, the company expects total net sales to be in the range of $215 million to $225 million. At the midpoint of this range, it implies growth in net sales of 24% year-over-year. Announcement • Oct 21
Allegro Microsystems, Inc. Unveils Production-Ready 10 Mhz Tmr Current Sensor, Enabling Optimal Protection and Control of Wide Bandgap Power Electronics Allegro MicroSystems, Inc. introduced the industry's first commercially available magnetic current sensor to achieve 10 MHz bandwidth featuring Allegro's advanced XtremeSense™? TMR (tunneling magnetoresistance) technology. The new ACS37100 TMR current sensor helps power system designers master the control signal chain and unlock the full potential of fast-switching GaN and SiC FETs. Tailored to the needs of electric vehicles (xEVs), clean energy power conversion systems, and AI data center power supplies, the ACS37100 achieves an 50 ns response time, providing the high-fidelity data needed for optimal efficiency and protection in demanding high-frequency applications. Migration to GaN and SiC promises greater power density and efficiency, but their faster switching speeds create significant control challenges. At sub-megahertz frequencies, conventional magnetic current sensors lack the speed and precision to provide the high-fidelity, real-time data required for stable control and protection loans. This can leave advanced systems vulnerable to damage and may prevent them from operating at their full potential. The ACS37100 is engineered to solve this control challenge. Its bandwidth and response time provide the high-fidelity current sense feedback essential for demanding control loops in high-speed switching applications. This magnetic current sensor enables designers to confidently and reliably control faster systems, maximize efficiency, and increase power density. Leveraging advanced TMR technology, the device delivers exceptionally low noise of 26 mA root mean square (RMS) across the full 10 MHz bandwidth--enabling precise, high-speed current measurements for more accurate and responsive system performance. The ACS37100 is designed to minimize energy loss while maximizing operational efficiency and reliability, making it the ideal choice for a variety of automotive and industrial uses like xEV charging, clean energy power conversion, and AI data center power supply. The ACS37100 Features and Benefits: highest bandwidth: DC to 10 MHz; Fast response time: 50 ns; Low noise: 26 mARMS at full 10 MHz bandwidth; Integrated Reinforced Isolation: 5 kV (60 seconds per UL 62368-1); Low loss: 1.2 mO internal conductor resistance; Automotive Grade 0: -40degC to +150degC operating temperature range. The ACS37100 is available in an industry-standard SOICW-16 package that supports a working reinforced isolation up to 565 VRMS (basic 1,097 VRMS) with 8 mm creepage and clearance. It features a voltage reference output and an adjustable overcurrent fault. Announcement • Oct 15
Allegro MicroSystems, Inc. Appoints Troy Coleman as Senior Vice President, General Manager, Products, Effective October 14, 2025 Allegro MicroSystems, Inc. announced the appointment of Troy Coleman as Senior Vice President, General Manager, Products, effective October 14, 2025. Troy will be responsible for leading product portfolios, driving strategic growth, innovation, and market leadership in core power and sensing solutions. Troy brings over 25 years of extensive semiconductor industry experience to Allegro, with a distinguished track record of leadership and significant business growth. Most recently, Troy served as Vice President, Linear Power Business Unit at Texas Instruments, where he was responsible for over $1 billion in revenue and successfully led multiple product lines while driving innovation and market expansion. His expertise and technical acumen span Analog Mixed Signal and Power products, as well as automotive and industrial markets. Troy holds a Bachelor of Science in Electrical Engineering from Texas A&M University. Announcement • Oct 09
Allegro MicroSystems, Inc. to Report Q2, 2026 Results on Oct 30, 2025 Allegro MicroSystems, Inc. announced that they will report Q2, 2026 results Pre-Market on Oct 30, 2025 Announcement • Jul 31
Allegro MicroSystems, Inc. Provides Earnings Guidance for the Second Quarter Ending September 26, 2025 Allegro MicroSystems, Inc. provided earnings guidance for the second quarter ending September 26, 2025. For the quarter, the company expects total net sales to be in the range of $205 million to $215 million. At the midpoint of this range, it implies a net sales growth of 12% year-over-year. Announcement • Jul 10
Allegro MicroSystems, Inc. to Report Q1, 2026 Results on Jul 31, 2025 Allegro MicroSystems, Inc. announced that they will report Q1, 2026 results After-Market on Jul 31, 2025 Announcement • Jun 26
Allegro MicroSystems, Inc., Annual General Meeting, Aug 07, 2025 Allegro MicroSystems, Inc., Annual General Meeting, Aug 07, 2025. Location: meetnow.global/mymvhcl, United States Announcement • May 08
Allegro MicroSystems, Inc. Provides Earnings Guidance for the First Quarter Ending June 27, 2025 Allegro MicroSystems, Inc. provided earnings guidance for the first quarter ending June 27, 2025. For the quarter, the company expects total net sales to be in the range of $192 million to $202 million. At the mid-point of this range, it implies net sales growth of 18% year-over-year. Announcement • Apr 17
Allegro MicroSystems, Inc. to Report Q4, 2025 Results on May 08, 2025 Allegro MicroSystems, Inc. announced that they will report Q4, 2025 results Pre-Market on May 08, 2025 Announcement • Apr 09
Allegro MicroSystems Expands Motor Control and Thermal Management Solutions to Capitalize on Growing e-Mobility and Automation Markets Allegro MicroSystems, Inc. announced three new solutions designed to enhance motor control and thermal management performance in e-mobility and industrial automation applications. These new solutions, the ACS37035 and ACS37630 current sensors, and the A89347 automotive-grade fan driver IC, provide advanced capabilities for a wide range of applications. ACS37035 Current Sensor: Allegro's ACS37035 high-accuracy current sensor boasts a 1 MHz bandwidth and 0.45 µs typical response time, enabling precise measurement of high-frequency currents in fast control loops. Its differential sensing capability, combined with a Common-Mode Rejection Ratio (CMRR) of 4 mA/Gauss, provides high immunity to external magnetic fields, ensuring accurate measurements even in noisy environments. With a ±3% sensitivity error over temperature and a maximum offset voltage of ±15 mV, the sensor minimizes error and improves system performance. This high level of precision and noise immunity enables tighter control loops, resulting in improved motor efficiency, reduced power consumption, and smoother operation. Target applications include motor control, load detection and management, and switch-mode power supplies. ACS37630 Current Sensor: Designed for U-core current sensing applications like xEV traction inverter and battery management systems, the ACS37630 offers high bandwidth (up to 250 kHz) and a fast analog output with a 1.6 µs typical response time. Its vertical Hall technology enables sensing parallel to the package surface, ideal for system integration with U-core magnets. This contactless, non-invasive current sensing solution eliminates the need for C-core magnets, simplifying assembly and reducing system complexity. With a sensitivity of ±0.7% and offset of ±5 mV, the ACS37630 provides precise current measurements over the full automotive Grade 0 operating temperature range of –50 to +150°C. A simplified design and high accuracy reduce current sensing system design and manufacturing complexity while lowering costs and improving system reliability. A89347 Fan Driver IC: Allegro’s A89347 is an automotive-grade, sensorless sinusoidal three-phase BLDC driver for EV seat- and battery-cooling fans. It offers integrated closed-loop speed control, minimizing vibration and audible noise. Additionally, a customizable speed curve, configured via EEPROM, allows for tailored performance in various fan applications. The A89347 features slew rate control, lock detection, and a low-power standby mode with a current consumption of just 10 µA. Flexible control contributes to quieter, more efficient fan operation, while lower power consumption extends battery life. This AEC-Q100 qualified IC ensures reliable operation in automotive environments. Announcement • Mar 06
ON Semiconductor Corporation (NasdaqGS:ON) proposed to acquire Allegro MicroSystems, Inc. (NasdaqGS:ALGM) for $6.6 billion. ON Semiconductor Corporation (NasdaqGS:ON) proposed to acquire Allegro MicroSystems, Inc. (NasdaqGS:ALGM) for $6.5 billion on September 2, 2024. ON Semiconductor Corporation (NasdaqGS:ON) proposed to acquire Allegro MicroSystems, Inc. (NasdaqGS:ALGM) for $6.6 billion on February 12, 2025. Under the terms of the Proposal, onsemi’s all-cash $35.10 per share offer represents a 57% premium to Allegro’s closing share price on February 28, 2025, the last trading day prior to media reports regarding onsemi’s interest in acquiring Allegro, at an implied enterprise value of $6.9 billion. onsemi does not anticipate any financing contingencies and intends to fund the potential transaction with a combination of committed financing, cash on hand, and funds available under its existing revolving credit facility. onsemi's request since September 2, 2024, has been consistent: to advance the possibility of this valuable outcome for shareholders through rigorous management-to-management dialogue and pursuing the requisite diligence and scoping of regulatory requirements in order to expeditiously move towards finalization of a transaction. Announcement • Feb 03
Allegro Microsystems Appoints Dr. Krishna Palepu to Its Board of Directors Allegro MicroSystems, Inc. announced the appointment of Krishna Palepu, Ross Graham Walker Professor of Business Administration at Harvard Business School, to Allegro’s Board of Directors (“Board”) as an independent director. Dr. Palepu’s appointment was effective on January 31, 2025. Dr. Palepu brings extensive expertise in strategy, governance, and emerging markets to the Board, as well as experience advising companies in the technology and semiconductor sectors. His academic research focuses on globalization, particularly in India and China, and corporate board effectiveness. He has served on multiple public company boards and is a fellow of the International Academy of Management. Dr. Palepu holds a master's degree in Electronics from Andhra University, an MBA-equivalent degree from the Indian Institute of Management, Calcutta, and a Ph.D. in Management from the MIT Sloan School of Management. Announcement • Jan 09
Allegro MicroSystems, Inc. to Report Q3, 2025 Results on Jan 30, 2025 Allegro MicroSystems, Inc. announced that they will report Q3, 2025 results on Jan 30, 2025 Announcement • Jan 08
Allegro MicroSystems, Inc. Redefines Sensing with Launch of New Current Sensor ICs in Compact Packages Allegro MicroSystems, Inc. announced the launch of two new current sensor ICs - the ACS37030MY and the ACS37220MZ. Leveraging Allegro’s cutting-edge sensing technology, these ICs provide low internal conductor resistance, high operating bandwidth and reliable performance across a wide range of automotive, industrial and consumer applications. The company’s new current sensor ICs are designed for precise current sensing in a compact and durable package. Featuring a widebody design, the ACS37030MY and ACS37220MZ deliver higher isolation in a 40% smaller footprint compared to the existing 16-pin packages on the market. The new innovative designs also incorporate lower resistance, which helps to reduce power dissipation. The ACS37030MY is a fully integrated current sensor IC with industry’s fastest response time for protection of wide bandgap GaN devices. It uses a combination of Hall-effect and inductive coil signal paths to sense current over a wide frequency range. This innovative package offering enables a product which is both 5x faster than existing solutions, but also 40% smaller. ACS37030 is also available in a narrow-body package for lower isolation requirements. The ACS37220MZ fully-integrated, Hall-effect current sensor features a 150 kHz bandwidth and fault pin. This device is designed for value-line current sensing applications as a successor to the popular ACS724/5 family of products. The new package of the ACS37220MZ offers a 40% smaller solution size and lower resistance for lower power dissipation. Announcement • Dec 26
Allegro MicroSystems, Inc. Announces Resignation of David J. Aldrich as from the Board, His Position as Chairperson and as A Member of the Board's Compensation Committee, and as A Member of the Board’s Nominating and Governance Committee Allegro MicroSystems, Inc. announced that on December 23, 2024, David J. Aldrich notified the Board of his decision to resign from the Board, his position as Chairperson and as a member of the Board's Compensation Committee, and as a member of the Board’s Nominating and Governance Committee, effective December 23, 2024. Announcement • Dec 19
Allegro MicroSystems, Inc. to Showcase Its Dynamic Sensing and Power Solutions at CES 2025 Allegro MicroSystems, Inc. announced plans to showcase its latest innovations at CES 2025, taking place January 7-10, 2025, in Las Vegas, Nevada. During the event, Allegro will highlight its advanced portfolio of high-resolution magnetic sensors, next-generation power ICs and innovative 48V solutions at its hospitality suite in the Renaissance Las Vegas Hotel. These technologies, tailored for the automotive, clean energy and automation markets, are designed to advance energy efficiency, system performance and sustainability. Key Highlights Include: 48V Motor Drivers: Optimized for energy efficiency and faster cooling in AI data centers and electric vehicles (EVs); XtremeSense™? TMR Sensors: Offer unparalleled sensitivity and reliability for automotive, industrial and consumer devices; Silicon Carbide (SiC) Gate Drivers: Simplify the design of power conversion systems for EVs and clean energy solutions; Micropower Switches and Latches: Maximize battery life in power-constrained consumer and industrial devices; Inductive Position Sensors: Provide precise motor position sensing for EVs and robotics; LiveBench Platform: Enables on-demand evaluation of product features, anytime and anywhere. Announcement • Nov 05
Allegro MicroSystems Unveils Innovative Power Products for a More Energy Efficient Future Allegro MicroSystems, Inc. announced a groundbreaking series of Power products poised to redefine performance and efficiency across automotive, industrial and data center applications. Allegro’s innovative products, debuting at Electronica 2024, empower customers to achieve unparalleled performance while simplifying design and reducing costs. The new product lineup not only addresses the escalating demands for higher voltage and power, but also delivers industry-leading efficiency and reliability, marking a significant advance in power electronics technology. Allegro’s comprehensive suite of products encompasses cutting-edge true 48V motor drivers like the A89212, A89224 and A89333 designed to address the thermal management needs of hybrid electric vehicles and AI Servers. Complementing these drivers is the APM81815, a 48V buck regulator designed for superior EMI performance in dual-voltage hybrid electric vehicles. Rounding out the list of new products is the AHV85311, a high-power isolated gate driver designed to accelerate the development of Silicon Carbide (SiC)-based power electronics. From optimizing efficiency in automotive applications to simplifying industrial designs as well as enhancing reliability in data centers, Allegro's new power IC innovations enable engineers to design smarter, more efficient systems. Key Allegro solutions launching at Electronica include: A89212: Longer Battery Life and Lower System Costs: This 48V SoC delivers high efficiency and torque at low speeds for power tools, eBikes and other industrial systems. In addition to extending battery life, this sensorless solution improves motor control precision and reduces cost by eliminating external hall sensors. With up to 256K of flash memory and 90V support, it is the first of its kind. A89224: Optimized Efficiency for 48V Automotive Systems: This SoC empowers the next generation of 48V automotive systems, optimizing fan and pump performance. Advanced motor control libraries maximize efficiency and torque at zero speed for pumps while minimizing noise for fans. This translates to reduced power losses, lighter wire harnesses and increased vehicle mileage for OEMs and ODMs. With 256K of flash memory, it offers robust processing power for complex tasks. A89333: Increased AI Server Reliability with Code-Free 48V Fan Driver: This motor driver offers code-free integration, reduced power loss and improved thermal management for 48V fans in AI servers. The integrated buck converter is designed to maximize efficiency, extending component life and boosting server reliability. APM81815: Easy 48V Power Supply Design with Fewer Components: This synchronous buck regulator simplifies 48V power regulation, offering a cost-effective solution with minimal design effort and a tiny footprint. Integrated capacitors and 2.2MHz switching frequency achieve industry-leading power density and superior EMI performance, making it ideal for electric power steering, braking, EV powertrains, thermal management, EV charging and robotics. AHV85311: Smaller Simpler Design with Higher Efficiency: Supporting multiple SiC MOSFET vendors, this universal gate driver utilizing Power-Thru technology offers a compact, efficient solution that simplifies development and enhances overall system performance. By eliminating the need for an external transformer or isolated bias supply, it reduces size, noise and design complexity while boosting efficiency. Ideal for a range of applications, including onboard chargers (OBC), DC-DC converters, data center power supplies, solar inverters and industrial motors, it accelerates time to market with superior isolation characteristics and seamless integration for SiC power systems design. Announcement • Nov 02
Allegro MicroSystems, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2025 Ending December 27, 2024 Allegro MicroSystems, Inc. provided earnings guidance for the third quarter of fiscal year 2025 ending December 27, 2024. For the quarter, the company expects net sales to be in the range of $170 million to $180 million. This outlook comprehends continued progress toward vehicle electrification and ongoing inventory rebalancing as reflected in the latest third-party estimates, as well as typical December quarter seasonality. Reported Earnings • Nov 01
Second quarter 2025 earnings released: US$0.18 loss per share (vs US$0.34 profit in 2Q 2024) Second quarter 2025 results: US$0.18 loss per share (down from US$0.34 profit in 2Q 2024). Revenue: US$187.4m (down 32% from 2Q 2024). Net loss: US$33.7m (down 151% from profit in 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Buy Or Sell Opportunity • Oct 31
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.3% to €20.20. The fair value is estimated to be €27.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €21.40, the stock trades at a forward P/E ratio of 142x. Average forward P/E is 14x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €27.03 per share. Announcement • Oct 10
Allegro MicroSystems, Inc. to Report Q2, 2025 Results on Oct 31, 2024 Allegro MicroSystems, Inc. announced that they will report Q2, 2025 results Pre-Market on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €21.20, the stock trades at a forward P/E ratio of 138x. Average forward P/E is 13x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €25.26 per share. Buy Or Sell Opportunity • Aug 09
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to €18.40. The fair value is estimated to be €24.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Reported Earnings • Aug 02
First quarter 2025 earnings released: US$0.091 loss per share (vs US$0.32 profit in 1Q 2024) First quarter 2025 results: US$0.091 loss per share (down from US$0.32 profit in 1Q 2024). Revenue: US$166.9m (down 40% from 1Q 2024). Net loss: US$17.7m (down 129% from profit in 1Q 2024). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Announcement • Aug 01
Allegro Microsystems, Inc. Provides Earnings Guidance for the Second Quarter Ending September 27, 2024 Allegro MicroSystems, Inc. provided earnings guidance for the second quarter ending September 27, 2024. for the quarter, the company expects net sales to be in the range of $182 million to $192 million. Announcement • Jul 26
Sanken Electric Announces Sale of Portion of Its Common Shares in Allegro Sanken Electric Co., Ltd. (TSE:6707) (the "Company") announced that it would sell a portion of its common shares (equivalent to approximately 20% of the outstanding shares) in Allegro MicroSystems, Inc. (NasdaqGS:ALGM)("Allegro"), through a share repurchase by Allegro. As a result, Allegro will be excluded as a consolidated subsidiary of the Company and become its equity method affiliate. The proceeds from this sale will be used for (i) distribution to shareholders through the share repurchase, (ii) investments to achieve the profitability improvement, and (iii) reduction of interest-bearing debt to improve financial strength. Due to the impact of the transaction, the Company withdrew the consolidated earnings forecast for the fiscal year ending March 2025 (FY2024) announced on May 10, 2024. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €23.80, the stock trades at a forward P/E ratio of 148x. Average forward P/E is 15x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €30.57 per share. Buy Or Sell Opportunity • Jul 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.2% to €23.80. The fair value is estimated to be €30.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Announcement • Jul 12
Allegro MicroSystems, Inc. to Report Q1, 2025 Results on Aug 01, 2024 Allegro MicroSystems, Inc. announced that they will report Q1, 2025 results Pre-Market on Aug 01, 2024 Announcement • Jul 08
Allegro Microsystems, Inc. Redefines Magnetic Current Sensing with Compact, Integrated Solutions for Industrial, Automotive and Clean Energy Applications Allegro MicroSystems, Inc. announced the launch of its newest high-power current sensor, the ACS37220, as well as the preliminary release of the industry’s smallest leaded magnetic current sensor, the ACS37041. Allegro’s latest solutions enable improved efficiency and reliability, enhanced system protection and a smaller bill of materials compared to discrete shunt resistor and op-amp-based current sensing solutions. Current shunt solutions require multiple components, take up significant board space and frequently require additional PCB layers and heatsinks to maintain acceptable thermal performance. These factors inevitably add weight and size, as well as design complexities that often lead to increased cost and production time. Allegro's new sensors address current industry challenges by providing a smaller footprint, higher efficiency, and simpler integration. The ACS37220 is designed to replace high-power sense resistors and can be used for high-current monitoring applications up to 200A. The ACS37041 offers a high level of integration in a compact SOT23-W package and is suitable for a wide range of current sensing applications up to 30A. Allegro’s new current sensors integrate the functions of the shunt resistor, shunt amplifier and other passive components into a single package. The compact design and efficiency improvements make them ideal low voltage (< 100 V) sensors compared to traditional shunts, while offering the following benefits: Lower heat dissipation: The lower conductor resistance of integrated magnetic current sensors’ lead frames results in cooler system temperatures. Simplified design: With fewer components to place and route, PCB layout is more straightforward. Innovative packaging: Allegro’s integrated sensor solutions integrate the functionality of a traditional shunt resistor circuit into a single package, simplifying component placement and streamlining the design process while minimizing the overall board of materials (BOM). Announcement • Jun 27
Allegro MicroSystems, Inc., Annual General Meeting, Aug 08, 2024 Allegro MicroSystems, Inc., Annual General Meeting, Aug 08, 2024. Location: meetnow.global/mscdkju, United States Buy Or Sell Opportunity • Jun 03
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €27.40. The fair value is estimated to be €22.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • May 24
Allegro MicroSystems, Inc. Expands Isolated Gate Driver Portfolio with Power-Thru Combo Chip Allegro MicroSystems, Inc. announced the launch of the third product in its High Voltage Power-Thru™ portfolio. Allegro’s two-chip AHV85000 and AHV85040 isolated gate-driver IC solutions work together with external transformers to provide the freedom to design and maximize power efficiency for clean energy applications, including solar inverters, xEV charging infrastructures and energy storage systems (ESS), as well as data center power supply units. Expanding upon Allegro’s existing Power-Thru technology, the new combo chip features the same benefits found in Allegro’s existing gate driver technology but relocates the isolation transformer from internal to external. By doing so, Allegro’s latest Power-Thru IC provides engineers greater design flexibility for isolation, power and layout since they can choose the suitable transformer according to their design requirements. The new combo chip isolated gate driver provides additional advantages for applications with different isolation requirements. By facilitating greater cost and space optimization, this industry-first solution creates significantly greater design flexibility, including the ability to choose the isolation level, the best fit-for-purpose transformer, and where to put the isolation barrier within the system. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €27.00, the stock trades at a trailing P/E ratio of 37.6x. Average forward P/E is 16x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €22.30 per share. Buy Or Sell Opportunity • May 16
Now 22% overvalued Over the last 90 days, the stock has fallen 10% to €25.80. The fair value is estimated to be €21.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • May 10
Allegro Microsystems, Inc. Provides Earnings Guidance for the First Quarter Ending June 28, 2024 Allegro MicroSystems, Inc. provided earnings guidance for the first quarter ending June 28, 2024. For the period, the Company expects net sales to be in the range of $160 million to $170 million. Reported Earnings • May 09
Full year 2024 earnings released: EPS: US$0.79 (vs US$0.98 in FY 2023) Full year 2024 results: EPS: US$0.79 (down from US$0.98 in FY 2023). Revenue: US$1.05b (up 7.8% from FY 2023). Net income: US$152.7m (down 19% from FY 2023). Profit margin: 15% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Announcement • Apr 20
Allegro MicroSystems, Inc. to Report Q4, 2024 Results on May 09, 2024 Allegro MicroSystems, Inc. announced that they will report Q4, 2024 results Pre-Market on May 09, 2024 New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Apr 04
Allegro MicroSystems, Inc. Appoints Jennie Raubacher to its Board of Directors as Independent Director Allegro MicroSystems, Inc. announced the appointment of Jennie Raubacher to Allegro’s Board of Directors as an independent director. Ms. Raubacher’s appointment is effective on April 3, 2024. Jennie Raubacher joins Allegro’s Board with over 25 years of experience in investment banking focused on the semiconductor, technology and telecom sectors where she has advised global C-suite executives and boards of directors on strategic and financing transactions. Ms. Raubacher served as Managing Director at Wells Fargo & Company where she led the firm’s global semiconductor and electronics investment banking practice from 2011 until March 2024. Prior to Wells Fargo, she was an investment banker focused on the technology, media and telecom sectors at Lehman Brothers Inc. and Barclays Capital Inc. (following its acquisition of Lehman Brothers). Ms. Raubacher also serves on the Women’s Leadership Council of the Global Semiconductor Alliance. Ms. Raubacher holds a Bachelor of Arts degree in Government from Harvard University and a Master of Business Administration degree from Stanford University. Buy Or Sell Opportunity • Apr 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to €23.80. The fair value is estimated to be €29.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 0.9% per annum over the same time period. Announcement • Feb 07
Allegro MicroSystems Introduces High-Bandwidth Current Sensor Technologies Enabling High-Performance Power Conversion Allegro MicroSystems, Inc. announced the launch of its new high-bandwidth current sensors, the ACS37030 and the ACS37032, which enable high-performance power conversion with GaN and SiC technologies in electrified vehicles, clean energy solutions and data center applications. Current high-power-density GaN and SiC FET charging and power infrastructures demand high-speed, low-loss devices to ensure efficiency and reliability. Existing current-sensing solutions have limited operating ranges, as well as added size and weight that result in designs with additional components and larger bills of materials (BOMs). To address these challenges, Allegro has introduced two high-bandwidth current sensors – the ACS37030 and ACS37032 – designed to provide efficiency and high-performance with reduced design time and board space. They employ a dual signal paths approach, with one path capturing low-frequency and DC current using Hall-effect elements and the other path capturing high-frequency current data through an inductive coil. The compact design, efficiency improvements and cost reductions of Allegro’s latest current sensors make them suitable for high-frequency switching in power electronic systems, while offering the following benefits to designers: Efficient and rapid management of high-switching frequencies and thermal conditions for high voltages and currents: Delivers fast response times that provide critical protection and higher efficiency through minimized energy loss and thermal dissipation. Ability to achieve stable and safe control while reducing electromagnetic interference: Has a 2% sensitivity error over temperature, while the inductive coil properties increase the signal-to-noise ratio (SNR) as frequency increases, minimizing noise and simplifying electromagnetic compatibility. Reduced design footprint, enabling system reliability and protection: Offered in a compact and efficient fused-lead SOIC-6 package that can withstand harsh automotive and industrial environments, enabling reliability and protection. Balances cost considerations while minimizing design complexity: Simplifies designs and facilitates easy-to-design, cost-optimized, high-power, high-frequency switching power conversion for GaN and SiC devices. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.34 in 3Q 2023) Third quarter 2024 results: EPS: US$0.17 (down from US$0.34 in 3Q 2023). Revenue: US$255.0m (up 2.5% from 3Q 2023). Net income: US$33.3m (down 48% from 3Q 2023). Profit margin: 13% (down from 26% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Announcement • Feb 02
Allegro MicroSystems, Inc. Provides Earnings Guidance for the Fourth Quarter Ending March 29, 2024 Allegro MicroSystems, Inc. provided earnings guidance for the fourth quarter ending March 29, 2024. For the fourth quarter ending March 29, 2024, the Company expects net sales to be in the range of $230 million to $240 million. Diluted Earnings per Share is expected to be in the range of $0.19 to $0.23. Announcement • Jan 13
Allegro MicroSystems, Inc. to Report Q3, 2024 Results on Feb 01, 2024 Allegro MicroSystems, Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 01, 2024 Announcement • Jan 10
Allegro Microsystems, Inc. Announces the Launch of the Second Product in Its High Voltage Power Portfolio Allegro MicroSystems, Inc. announced the launch of the second product in its High Voltage Power portfolio. Allegro's AHV85111 isolated gate-driver IC adds critical safety features while simplifying the design of high-power energy conversion systems for e-Mobility and clean energy applications, including OBC/DCDC, solar inverter and datacenter power supply. Building upon Allegro's existing power-thru technology, the AHV85111 was designed to meet designer demands for a simple, streamlined and safe solution. The AHV85111 gate driver adds bipolar-output, a critical feature that significantly improves time to market by eliminating the need to design a complicated negative isolated DC power supply and removing unnecessary external components. Allegro's newest power-thru solution also adds crucial safety features that were designed to protect against high operating temperatures in electric powertrain systems, as well as reactions to noisy environments that may be present in microinverters in solar applications, power supply in datacenter applications or on-board chargers for electric vehicles. The AHV85111 Gate driver packs all the benefits of Allegro's power-thru technology, including 10x lower common-mode capacitance, a 50% smaller footprint, 10x noise reduction and a 50% efficiency improvement compared to competitor offerings, while also providing overtemperature protection that further improves the robustness of system. Board Change • Nov 07
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Mary Pumato was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
