Why is ALGM down?
Up 3.7% today, while its chip peers are down 4.1%; no story names it yet.
Fell on Oct 29
Down 7% on Oct 29 while the S&P 500 fell 0.4%.
- It fell 7% on Oct 29, the day of its SEC filing (read the release).
−1Long-term trend
Up 3.7% today, while its chip peers are down 4.1%; no story names it yet.
Fell on Oct 29
Down 7% on Oct 29 while the S&P 500 fell 0.4%.
−1Long-term trend
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
| The company | A $14M profit after losing money the year before |
| Latest filing | 8-K, Oct 29 |
TodayNo story names it yet.
“Nvidia Weighs Credit Backstop for Nscale Data Center as AI Chip Stocks Slide”
ALGM closed −7.6% that day.
After its last 4 reports it closed -1.3% on average, higher 1 of 4 times.
ALGM is #27 of 84 by Quality Score.
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| 27 |
Net income over four quarters: ALGM $14.2M, DIOD $86.1M.
Expected to report Thu Jan 28, before the open (in 87 days). Expected.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
ALGM's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Total net sales | $278M to $288M |
Sales grew 8.5% a year over 5 years, fiscal 2021 to 2026.
Its share count grew 1% a year over 5 years.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Oct 29, 2026 | -5.2% | -6.6% | open |
| Jul 30, 2026 | +0.2% | -1.8% | -1.0% |
| May 7, 2026 | -14.5% | -6.7% | -10.5% |
Sales grew in four of the last six years, to $890M in 2026. It made a profit in five of the seven years.
9 insiders sold $3.6M across 9 filings in the last 6 months. No open-market buys on record. The newest:
One trade disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: ALGM is under 0.1% of FTEC, under 0.1% of VGT, and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories: SENSE, which includes Current Sensors, Switches, and Latches, and Interface ICs among others; REGULATE, which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE, which includes BLDC Drivers, Brush DC, and others. Product-wise, the firm derives the majority of its revenue from sales of Magnetic sensors.
“The semiconductor industry, particularly the market for high-performance analog mixed-signal semiconductors, is highly competitive.”
ALGM scores 6 today, which Breakaway calls Average. It is #27 of 84 in Semiconductors by Quality Score, with 1 of 14 chart checks firing. Down 7% on Oct 29 while the S&P 500 fell 0.4%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
ALGM scores 6 today, which Breakaway calls Average (6 to 10). That is #27 of 84 in Semiconductors by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind ALGM's 6.
9 insiders sold $3.6M across 9 filings in the last 6 months. No open-market buys on record. The newest is Jennie Raubacher, Director, who sold $45K on Aug 17. Every filing, with the scored weight, for Pro members.
Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.