ALGM
Allegro MicroSystems Inc. Technology - Semiconductors Investor Relations →
Allegro MicroSystems Inc. (ALGM) closed at $41.57 as of 2026-02-02, trading 41.6% above its 200-week moving average of $29.36. The stock moved further from the line this week, up from 26.1% last week. The 14-week RSI sits at 70, indicating neutral momentum.
Over the past 227 weeks of data, ALGM has crossed below its 200-week moving average 8 times. On average, these episodes lasted 16 weeks. Historically, investors who bought ALGM at the start of these episodes saw an average one-year return of +10.4%.
With a market cap of $7.7 billion, ALGM is a mid-cap stock. The company generates a free cash flow yield of 1.5%. Return on equity stands at -1.4%. The stock trades at 8.0x book value.
Over the past 4.4 years, a hypothetical investment of $100 in ALGM would have grown to $125, compared to $160 for the S&P 500. ALGM has returned 5.1% annualized vs 11.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -37.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ALGM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALGM Crosses Below the Line?
Across 8 historical episodes, buying ALGM when it crossed below its 200-week moving average produced an average return of +15.7% after 12 months (median +37.0%), compared to +11.8% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +0.8% vs +36.0% for the index.
Each line shows $100 invested at the moment ALGM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALGM has crossed below its 200-week MA 8 times with an average 1-year return of +10.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2022 | Mar 2022 | 8 | 9.3% | +22.0% | +56.3% |
| Mar 2022 | Nov 2022 | 32 | 27.9% | +70.4% | +47.6% |
| Oct 2023 | Dec 2023 | 9 | 15.3% | -28.0% | +40.8% |
| Dec 2023 | Feb 2024 | 6 | 13.7% | -26.4% | +37.3% |
| Mar 2024 | Jul 2024 | 16 | 13.8% | -2.6% | +51.2% |
| Jul 2024 | Jun 2025 | 48 | 38.7% | +27.2% | +44.4% |
| Sep 2025 | Oct 2025 | 3 | 11.6% | N/A | +46.8% |
| Nov 2025 | Jan 2026 | 9 | 17.4% | N/A | +54.1% |
| Average | 16 | — | +10.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02