NASDAQ · STOCK
Allegro MicroSystems
$41.53
52W $22.41 – $71.77
55/100
$7.73B
543.2
1.90
Is ALGM Bullish or Bearish?
Mixed.
Innellis AI committee rates Allegro MicroSystems (ALGM) Watch with a composite score of 55/100
, based on 6 analysts with 33% agreement.
Last updated July 31, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +5.20 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -14.80 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — 5 consecutive earnings beats -- consistent execution. Risk Analyst remains cautious — bollinger bandwidth of 36.2% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- 5 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- News sentiment is positive (+0.40 across 28 articles, 14d) — News
Bear Case
- RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
- MACD histogram negative -- bearish momentum — Technical
- Bollinger bandwidth of 36.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of July 31, 2026
Overall Committee Score
55/100
Agreement
33%
Analysts
6
Conviction
Contested
Sector Rank
Top 43%
of 172 Technology peers
Growth Analyst
bullish
82
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 5 consecutive earnings beats -- consistent execution
Technical Analyst
bearish
38
/ 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup)
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 36.2% signals elevated volatility
Macro Analyst
neutral
58
/ 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
bullish
70
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.40 across 28 articles, 14d)
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
Investment Thesis Evolution
Committee score strengthened from 50.4 to 54.8.
- Committee agreement fell modestly from 43% to 33%.
- New bearish signals: 4 appeared.
- Bullish support removed: 2 signal(s) disappeared.
- New bullish signals: 4 appeared.
- Bearish pressure eased: 7 signal(s) disappeared.
- Analyst(s) changed stance: Macro Analyst.
- Analyst(s) abstained: Value Analyst.
Analyst-level changes:
- Growth Analyst: score 60->82 (+22); +2 bullish signal(s).
- Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
- News Analyst: score 66->70 (+4); +1 bullish signal(s).
- Portfolio Manager: +2 bearish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: +1 bearish signal(s).
- Value Analyst abstained (was neutral at 43).
Comparing 2026-07-30 to 2026-07-31 (1 day apart).
Technical Analysis
RSI (14)
27.2
Oversold
MACD Histogram
-1.021
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Hh Hl
Support
$41.47
Resistance
$43.84
Bollinger %B
0.10
Inside Bands
Price vs Moving Averages
EMA 9
$44.87
Below
EMA 21
$48.18
Below
EMA 50
$49.13
Below
EMA 200
$40.90
Above
Fundamental Analysis
Valuation
33
Growth
89
Profitability
0
Financial Health
100
Cash Flow
37
Valuation
P/E Ratio
543.2×
P/B Ratio
8.00×
PEG Ratio
1.03
Dividend Yield
0.00%
52W High
$71.77
52W Low
$22.41
Quality & Growth
ROE
-1.6%
ROA
-1.1%
Gross Margin
47.2%
Operating Margin
6.2%
Revenue Growth YoY
—
Debt / Equity
0.30
AI Fundamental Assessment
P/E ratio of 543.2 (rich relative to a 15-40x range); Price-to-book of 8.0x; PEG ratio of 1.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -0.0%; Return on assets of -0.0%; Net margin of 0.0%; Gross margin of 0.5%; Current ratio of 3.70 (healthy short-term liquidity); Debt-to-equity of 0.30; Free cash flow margin of 0.7% (thin cash generation); Free cash flow per share is positive (0.48); Most recent quarter beat estimates by 7.4%; 5 consecutive earnings beats; EPS growth accelerating (+13.3% -> +35.3% QoQ); Average YoY EPS growth of 155.6%; Analyst estimates rising over recent quarters
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