ALGM Allegro Microsystems Inc.

$ALGM Does Allegro's $278M–$288M Q3 sales guide, barely above Q2's $276.9M, mean its growth run is cooling? 🏢 Allegro MicroSystems makes magnetic sensor and power chips for cars, factories and AI data centers, was worth about $6.59B at $35.37 a share at 16:00 ET on October 28, 2026, and grew fiscal Q2 sales 29% to $276.9M ⚠️ The Q3 guide of $278M to $288M, for the quarter ending December 25, 2026, has a midpoint about 2% above Q2 sales after Q2 rose 7% from Q1's $259.2M, though the company says it still implies 23% growth from a year earlier 🏆 Management points to its best design-win quarter since its 2020 IPO, up nearly 40% from a year earlier, and an eighth straight quarter of rising bookings as signs demand runs past Q3 📅 Next: Management's webcast starts 8:30 a.m. Eastern Time on Thursday, October 29, 2026, after the 07:00 ET GlobeNewswire release, and the Q3 guide's slower sequential pace is the thing to watch Source: GlobeNewswire + SEC 8-K, Oct 29

ALLEGRO MICROSYSTEMS $ALGM Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $277M (Est. $271M) 🟢; +29% YoY 🔹 Adj. EPS: $0.26 (Est. $0.24) 🟢 🔹 Gross Margin: 51.5% Q3 Guide: 🔹 Revenue: $278M-$288M (Est. $277M) 🟢 🔹 Adj. EPS: $0.25-$0.29 (Est. $0.26) 🟡 🔹 Gross Margin: 51.5%-52.5% 🔹 Operating Expenses: $87M +/- $1M Segment Net Revenue: 🔹 Automotive: $172.5M; +11% YoY 🔹 Industrial & Other: $104.4M; +79% YoY

$ALGM Ship-to Taiwan sales were 42.683 million dollars in the quarter vs 17.873 million a year ago, 15.4% of total sales now vs 8.3%. Power integrated circuits grew 42.3% to 118.897 million dollars, magnetic sensors grew 20.9% to 157.987 million. Power is growing about twice as fast as sensing.

$ALGM when the dust settles this company will still be a great investment at these prices. Macro is just terrible right now.

$ALGM if you surpass your revenue and earnings estimates, growth isn’t cooling. It means you surpassed expectations. $SPY $QQQ

$ALGM reported earnings before the open: adjusted EPS of $0.26 vs. $0.24 estimated, a beat of 6.3%. I used Stock Meadow to review the results.

$ALGM Q2 '27 Earnings Results & Recap • Reported GAAP EPS of $0.26 up 100.00% YoY • Reported revenue of $276.88M up 29.21% YoY • Allegro expects Q3 FY2027 sales of $278M to $288M, non-GAAP gross margin of 51.5% to 52.5%, operating expenses of $87M $1M, and diluted EPS of $0.25 to $0.29.

$ALGM reports earnings tomorrow before the open. I’m bullish heading into the report: ALGM has beaten EPS estimates in 7 of its last 8 reports, according to Stock Meadow.