Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) jumped 8.1% in the afternoon session after the company reported ...

If you have been eyeing Allegro MicroSystems stock and wondering whether now is the time to jump in, you are not alone. It has been an intriguing year for this chipmaker, with the share price up an ...

Allegro MicroSystems just saw its fair value estimate edge down slightly from US$38.58 to US$38.42 as analysts refreshed their view after a sharp reset in the stock’s price target narrative. The ...

Allegro MicroSystems faces revenue challenges in FY2025, with a 36% YoY decline in H1 due to weaknesses in both MS and PIC segments. The DAO semiconductor market's downturn and elevated inventory ...

Allegro Microsystems announced that it received an unsolicited acquisition proposal from onsemi to buy the company for $35.10 per share in cash on February 12, 2025. After reviewing the offer with ...

Allegro MicroSystems, Inc. announced that Onsemi has withdrawn its unsolicited acquisition proposal. Allegro's Board of Directors stated they found Onsemi's proposals inadequate after careful review ...

For the fourth quarter of fiscal year 2026 ending March 27, 2026, the Company expects total net sales to be in the range of $230 million to $240 million. At the midpoint of this range, it implies ...

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 ...

Chip designer Allegro MicroSystems (NASDAQ:ALGM) reported Q2 CY2025 results , with sales up 21.9% year on year to $203.4 million. Guidance for next quarter’s revenue was better than expected at $210 ...