📈 Price History

Ratio Health

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By Category

📊 Sector Averages

About

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

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📊 Quick Scorecard

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⭐ Superinvestors Holding ALGM

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Manager	Shares	Value	% of Fund	Period
Jim Simons Renaissance Technologies LLC	123.9K	$3.9M	0.01%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q1 2026

Confident Specific

management repeatedly used positive language like 'encouraged by the positive momentum', 'continued strong bookings', 'sales above high end of guidance', and gave specific figures for sales ($203M), gross margin (48.2%), and bookings levels not seen since fiscal 2023.

Q2 2026

Confident Specific

Management repeatedly highlights multi-year highs in bookings, record design wins in E-Mobility and Data Center, and results above guidance midpoint. Specific numbers are given for sales, gross margin, EPS, and detailed guidance ranges, conveying strong execution and optimism.

Q3 2026

Confident Specific

Management repeatedly uses phrases like 'positive momentum', 'strong third quarter results', and 'record-setting levels of data center'. Specific figures such as 10% data center share, 46% year-over-year e-mobility growth, and new product claims (200A current sensor) reinforce a factual, upbeat tone.

Q4 2026 latest

Confident Specific

Management used precise figures (sales $243M, EPS $0.17, 23% FY growth), highlighted 5th consecutive quarter of growth, and provided detailed Q1 guidance with specific ranges, indicating strong conviction in their performance and outlook.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis appears stronger after this call. Allegro delivered a fifth consecutive quarter of growth with record Data Center sales and improving margins. Management provided clear evidence of content expansion (e.g., Data Center content per rack scaling from $150 to $425) and share gains in Focus Auto (+30% YoY). The Q1 guidance implies continued momentum with 23% YoY revenue growth. Key watch items: (1) sustainability of Data Center growth above 20% as fan drivers and current sensors ramp; (2) gross margin trajectory toward the >55% target, especially progress on gold-to-copper conversions; (3) any signs of auto restocking that could boost SAAR+ growth. The increased design wins and backlog suggest near-term visibility is improving.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Q4 sales $243M, FY2026 revenue $890M +23% YoY, Data Center 14% of sales.

Revenue & Profitability

Q4 sales $243 million, up 6% sequentially and 26% year-over-year. Non-GAAP EPS $0.17, up 183% year-over-year. Full-year fiscal 2026 non-GAAP EPS $0.54, more than double the prior year. Q4 net income was $32 million, and operating margin was 15.6%, with adjusted EBITDA at 20.4%.

Outlook

Management sees continued strong demand trends supporting growth. Data Center is expected to grow well above 20% in FY2027, driven by fan proliferation and ramping current sensors. Auto is anticipated to grow at SAAR plus 7-10%, supported by content expansion and share gains in xEV and ADAS. Industrial non-Data Center is also showing strength in robotics, factory automation, and energy infrastructure.

Growth Drivers

Data Center growth is led by fan drivers expanding into power supplies and network switching, plus current sensors now ~20% of Data Center sales. Robotics and automation doubled year-over-year, with design wins for current sensors and inductive sensors in robotic joints. Automotive growth is driven by content expansion in ADAS steering/braking, high-voltage traction inverters, and BLDC motor drivers for xEV powertrains, with design wins up over 30% year-over-year.

Balance Sheet & CapEx

Q4 capital expenditure was $17 million. Full-year fiscal 2026 free cash flow was a record $125 million. Management noted investments in back-end capacity in the Philippines to address delinquency. Long-term gross margin target above 55% is supported by factory efficiency initiatives and cost reduction programs.

Margins

Q4 gross margin was 50% (up from 45.6% a year ago), and full-year FY2026 gross margin was 49.4%, up 140 bps year-over-year. Q1 FY2027 gross margin is guided at 50%-51%. The long-term model targets over 55%, driven by operating leverage (variable contribution margin 60-65%), gold-to-copper conversion (200 bps headwind in FY2026), and factory efficiencies. Q1 drop-through is expected near 70%.

Key Risks

Gold cost was a 200 basis point headwind in FY2026, partially offset by factory efficiencies. Annual customer price negotiations and commodity cost increases (gold, fuel) present margin risks. Management noted geopolitical uncertainties but did not see material impact from memory constraints. Inventory digestion in auto appears complete, but restocking has not yet broadly begun.

Generated by AI · Q4 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

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📞 Earnings Call Transcripts (5)

Q1 2027 Q1 2027 2026-07-30

Q1 sales grew 27% year-over-year to $259 million, with EPS up 156% and gross margin reaching 51.1%. Data center, automotive, and industrial segments all showed strong growth, with robust design win momentum and expanding backlog. Q2 guidance calls for continued mid-single digit sequential growth in both auto and industrial.

Q4 2026 Q4 2026 2026-05-07

Delivered strong Q4 and FY26 results with sales up 23% year-over-year and EPS more than doubling. Data Center and Focus Auto segments led growth, with robust design win momentum and a multi-year high backlog. FY27 outlook calls for continued above-market growth and margin expansion.

Q3 2026 Q3 2026 2026-01-29

Q3 FY26 sales rose 29% year-over-year to $229M, led by automotive e-mobility and record data center growth. Q4 guidance projects continued strong sales and margin expansion, with industrial and data center segments leading growth.

Q2 2026 Q2 2026 2025-10-30

Q2 saw strong sales and margin growth, led by automotive and data center segments, with net sales up 14% year-over-year and non-GAAP EPS up 63%. Guidance for Q3 projects continued above-seasonal growth, with inventory burn nearly complete and a stable pricing environment.

Q1 2026 Q1 2026 2025-07-31

Q1 FY26 sales rose 22% year-over-year to $203M, with gross margin at 48.2% and strong growth in e-mobility and industrial segments. Guidance for Q2 projects continued double-digit sales growth and margin expansion, supported by innovation and robust design wins, especially in China and APAC.

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