Allegro MicroSystems reported a 29% year-over-year sales increase to $277 million in Q2 2027, with GAAP EPS quadrupling to $0.12 and non-GAAP EPS doubling to $0.26. Growth was led by strong demand in automotive, industrial, and record data center sales. The company also strengthened its balance sheet by repaying $25 million in debt and expects Q3 sales growth of about 23%. This performance signals confidence in sustained mid-teens annual sales growth driven by robust design wins and backlog.
As of Oct 29, 2026 18:13 WIB, Allegro MicroSystems shares trade at USD 37.15 on Pluang, up 5.03% for the day, reflecting strong investor interest. The stock's market cap stands at $6.59 billion with a typical hold time of 11 days, indicating active trading among retail investors. This follows the company's robust Q2 sales growth and positive outlook for Q3.
