Allegro MicroSystems (ALGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Here is how Allegro MicroSystems, Inc. (ALGM) and Jabil (JBL) have performed compared to their sector so far this year.

Allegro Microsystems is a fabless manufacturer with a strong presence in the automotive semiconductor market. The company’s product portfolio primarily consists of magnetic sensing and power ICs, with ...

Allegro’s potential for market share gains in China represents a significant opportunity for growth. As the world’s largest automotive market and a rapidly expanding semiconductor consumer ...

Both ON Semiconductor and Allegro offer semiconductor solutions to the automotive sector. As of Friday's close, ON Semi’s market capitalization was $19.8 billion, while Allegro’s was $4.1 billion.

Shares of Allegro MicroSystems fell Tuesday after ON Semiconductor said it has withdrawn an acquisition offer. Last month, Onsemi increased its offer to $35.10 per share, but said they have ...

On Semiconductor has withdrawn a $6.9 billion bid for Allegro MicroSystems, ending the Scottsdale semiconductor product manufacturer’s effort over several months to acquire its New Hampshire ...

ON Semiconductor on Monday said it has withdrawn its $35.10 per share offer to acquire Allegro MicroSystems, saying it determined there is no actionable path forward.

ON Semiconductor, which does business as Onsemi, determined that there was “no actionable path forward” toward a deal, according to a statement on Monday. Allegro slid more than 6% to $20.58 ...

Onsemi made its pursuit of Allegro public earlier this month, disclosing an unsolicited bid that valued the Manchester, New Hampshire-based company at $6.9 billion, including debt. Onsemi’s $35.10 per ...

On March 5, ON Semiconductor ON announced an all-cash offer of $35.10 per share for Allegro MicroSystems ALGM, which implies an enterprise value of $6.9 billion. This valuation is a 57% premium to ...

Allegro announced on March 6, 2025, that ON Semiconductor's offer of $35.10/share was inadequate, suggesting that management believes that shares should trade at a significantly higher premium.