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Allegro MicroSystems (ALGM) Competitors

Allegro MicroSystems logo
$19.80 -2.22 (-10.06%)
As of 03:46 PM Eastern
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ALGM vs. UMC, FLEX, ALAB, CLS, DRS, CRDO, NXT, OLED, QRVO, and LITE

Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include United Microelectronics (UMC), Flex (FLEX), Astera Labs (ALAB), Celestica (CLS), Leonardo DRS (DRS), Credo Technology Group (CRDO), Nextracker (NXT), Universal Display (OLED), Qorvo (QRVO), and Lumentum (LITE). These companies are all part of the "electronic equipment" industry.

Allegro MicroSystems vs.

United Microelectronics (NYSE:UMC) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, media sentiment, risk, institutional ownership, community ranking, profitability, analyst recommendations, valuation and dividends.

United Microelectronics received 314 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 65.98% of users gave Allegro MicroSystems an outperform vote while only 61.46% of users gave United Microelectronics an outperform vote.

CompanyUnderperformOutperform
United MicroelectronicsOutperform Votes
378
61.46%
Underperform Votes
237
38.54%
Allegro MicroSystemsOutperform Votes
64
65.98%
Underperform Votes
33
34.02%

United Microelectronics has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than United Microelectronics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
United Microelectronics$232.30B0.07$1.44B$0.5811.95
Allegro MicroSystems$772.76M4.72$152.70M-$0.35-56.56

United Microelectronics has a net margin of 20.35% compared to Allegro MicroSystems' net margin of -8.45%. United Microelectronics' return on equity of 12.78% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
United Microelectronics20.35% 12.78% 8.16%
Allegro MicroSystems -8.45%4.31%3.00%

5.1% of United Microelectronics shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 8.0% of United Microelectronics shares are owned by insiders. Comparatively, 0.5% of Allegro MicroSystems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

United Microelectronics has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500.

United Microelectronics currently has a consensus target price of $7.40, suggesting a potential upside of 6.80%. Allegro MicroSystems has a consensus target price of $31.20, suggesting a potential upside of 57.62%. Given Allegro MicroSystems' stronger consensus rating and higher probable upside, analysts plainly believe Allegro MicroSystems is more favorable than United Microelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
United Microelectronics
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Allegro MicroSystems
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90

In the previous week, Allegro MicroSystems had 7 more articles in the media than United Microelectronics. MarketBeat recorded 14 mentions for Allegro MicroSystems and 7 mentions for United Microelectronics. United Microelectronics' average media sentiment score of 1.01 beat Allegro MicroSystems' score of 0.87 indicating that United Microelectronics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
United Microelectronics
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegro MicroSystems
5 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

United Microelectronics beats Allegro MicroSystems on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALGM vs. The Competition

MetricAllegro MicroSystemsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$3.62B$48.50B$22.08B$7.55B
Dividend YieldN/A2.86%3.00%4.33%
P/E Ratio-56.2334.5839.6117.80
Price / Sales4.7283.071,987.2193.21
Price / Cash17.5326.4934.6334.64
Price / Book3.385.785.763.99
Net Income$152.70M$751.41M$736.68M$247.23M
7 Day Performance4.57%9.76%5.61%7.11%
1 Month Performance-26.08%-15.25%-5.60%-6.38%
1 Year Performance-24.62%-1.32%52,740.57%-0.29%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALGM
Allegro MicroSystems
2.9274 of 5 stars
$19.80
-10.1%
$31.20
+57.6%
-18.0%$3.62B$772.76M-56.234,040Options Volume
News Coverage
Gap Down
High Trading Volume
UMC
United Microelectronics
3.0666 of 5 stars
$6.12
-1.8%
$7.40
+21.0%
-13.4%$15.32B$232.30B10.5419,500Gap Down
FLEX
Flex
3.472 of 5 stars
$28.07
+5.2%
$44.33
+57.9%
+8.0%$10.75B$25.58B11.32148,000Short Interest ↑
Gap Down
ALAB
Astera Labs
4.1167 of 5 stars
$55.16
+4.2%
$112.77
+104.4%
-18.3%$8.94B$396.29M-31.88225Analyst Forecast
Positive News
CLS
Celestica
4.2966 of 5 stars
$70.14
+6.0%
$110.83
+58.0%
+80.9%$8.13B$9.65B18.7523,900Positive News
High Trading Volume
DRS
Leonardo DRS
2.6018 of 5 stars
$30.52
+1.2%
$34.83
+14.1%
+72.3%$8.09B$3.23B38.636,580News Coverage
Positive News
CRDO
Credo Technology Group
4.0757 of 5 stars
$35.91
+7.8%
$74.60
+107.7%
+82.4%$6.10B$327.53M-239.40380Insider Trade
High Trading Volume
NXT
Nextracker
3.6525 of 5 stars
$37.90
-2.9%
$56.14
+48.1%
-13.7%$5.52B$2.77B9.641,050Analyst Forecast
Positive News
OLED
Universal Display
4.5146 of 5 stars
$112.84
-0.5%
$190.43
+68.8%
-27.2%$5.36B$647.68M24.27440News Coverage
Positive News
High Trading Volume
QRVO
Qorvo
4.5202 of 5 stars
$56.39
+0.1%
$95.84
+70.0%
-47.1%$5.27B$3.79B201.398,900Short Interest ↓
News Coverage
Positive News
High Trading Volume
LITE
Lumentum
4.731 of 5 stars
$52.26
+5.4%
$87.40
+67.2%
+20.5%$3.62B$1.41B-6.807,257Positive News
High Trading Volume
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This page (NASDAQ:ALGM) was last updated on 4/15/2025 by MarketBeat.com Staff
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