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New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity
MANCHESTER, N.H., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its second quarter fiscal year 2027 prior to the market open on Thursday, October 29, 2026.
This under-the-radar industrial technology stock boasts a Superscore of 73 from our Hidden Gems Primary database, part of The Motley Fool's Moneyball Database system. Here's why.
Allegro MicroSystems (ALGM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Allegro MicroSystems' overexposure to a stagnant automotive segment has limited growth and operating leverage, resulting in a disappointing stock performance over the last 5 years. The expansion of autonomy, AI data centers, and humanoids will serve as a growth accelerant for ALGM, as more of its chips will be needed per product. I am bullish on ALGM and set a price target of $118/share based on management hitting its 3-5 year guidance of mid-teens growth, which will drive operating leverage to 32% margins.
Canada Pension Plan Investment Board acquired a new stake in Allegro MicroSystems, Inc. (NASDAQ: ALGM) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 44,000 shares of the company's stock, valued at approximately $3,063,000. Several other institutional investors have also added to or reduced their
Investors often feel forced to pick between companies that are dependable, with steady returns but fewer opportunities for growth, and those that have strong growth potential but run the risk of volatility. Though rare, there are some firms that exist at the intersection of both stability and potential for returns.
