Allegro MicroSystems Reports Strong Q4 Earnings and Upbeat Q1 Guidance, Driven by Auto and Data Center Growth
ALGM has more than doubled off its 52-week low of $18.17.
Summary
Allegro MicroSystems reported robust fourth-quarter and full fiscal year 2026 financial results, exceeding expectations with significant sales growth and nearly tripled non-GAAP EPS, alongside optimistic guidance for Q1 2027.
Key Events · Earnings and Guidance · ALGM
-
Strong Q4 2026 Performance
Allegro MicroSystems reported Q4 2026 net sales of $243.2 million, a 26% increase year-over-year, with non-GAAP diluted EPS of $0.17, nearly tripling from $0.06 in the prior year.
-
Solid Full Fiscal Year 2026 Growth
For the full fiscal year 2026, net sales grew 23% year-over-year to $890.1 million, and non-GAAP diluted EPS more than doubled to $0.54.
-
Optimistic Q1 2027 Guidance
The company provided Q1 2027 guidance with expected net sales between $245 million and $255 million (23% YoY growth at midpoint) and non-GAAP diluted EPS between $0.19 and $0.23.
-
Key Growth Drivers Identified
Strength was noted in Focus Auto sales, including xEV and ADAS, and Data Center, which reached a record 14% of total Q4 sales, indicating diversified growth.
Analysis · ALGM · Manufacturing
Allegro MicroSystems delivered robust financial results for its fourth quarter and full fiscal year 2026, significantly exceeding expectations. The company reported a 26% year-over-year increase in Q4 sales and nearly tripled its non-GAAP diluted EPS, demonstrating strong operational performance. Growth was notably driven by the Automotive sector, particularly xEV and ADAS, and a record contribution from Data Center sales. Furthermore, the optimistic Q1 2027 guidance, projecting continued sales growth and strong non-GAAP EPS, reinforces management's confidence in sustained momentum. This positive report, coming as the stock trades near its 52-week high, could provide further upward impetus, validating investor sentiment and the company's strategic execution in key markets.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.6% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALGM was trading at $49.20 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $9.5B. The 52-week trading range was $18.17 to $51.40. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.