Added to YB: 2025-04-01
Pitch date: 2025-03-30
ALGM [neutral]
Allegro MicroSystems, Inc.
+10.88%
current return
Author Info
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Company Info
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems.
Market Cap
$4.6B
Pitch Price
$24.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
66.59
P/E
-157.49
EV/Sales
6.05
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
Having Fun with Special Situations - Allegro MicroSystems, Inc.
ALGM (special sit): ON Semi bid $35.10/share, rejected as inadequate. 35% deal spread at $26. 75% auto rev, down 30% YoY. High P/E but strong R&D & EV-driven growth. Spec arb play: ON may see buying opp in industry downturn. Small position tempting if deal materializes.
Read full article (1 min)