Allegro MicroSystems (NASDAQ:ALGM) Thursday confirmed receiving an unsolicited acquisition proposal from onsemi (NASDAQ:ON), and said that the offer "was inadequate". Allegro (NASDAQ:ALGM) said it ...
CEO Vineet Nargolwala highlighted Q3 sales of $178 million and non-GAAP EPS of $0.07, both exceeding the midpoint of guidance. Bookings reached an eight-quarter high and increased 50% year-over-year, ...
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Allegro MicroSystems (ALGM): Buy, sell, or hold post Q2 earnings?
Over the last six months, Allegro MicroSystems’s shares have sunk to $35.80, producing a disappointing 6.1% loss - a stark ...
Bank of America Securities (BofA) analyst Vivek Arya has reinstated its coverage of Allegro Microsystems (NASDAQ:ALGM) with a Buy rating and a price forecast of $38 per share. Arya highlighted that ...
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Allegro Microsystems (NASDAQ:ALGM) in the last three months. The table below summarizes their ...
U.S. chipmaker Onsemi scrapped its $6.9 billion offer for smaller rival Allegro MicroSystems on Monday, ending a months-long pursuit that sought to capitalize on a market downturn to boost its ...
In the latest quarter, 5 analysts provided ratings for Allegro Microsystems (NASDAQ:ALGM), showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ...
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 2.2% in the morning session after the company reported strong fiscal first-quarter 2027 results and provided positive guidance for the ...
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