Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds ALGM with 0.02% (as of 2026-09-22).

Allegro MicroSystems, Inc. (ALGM) is held by IGV (0.02%).

What sector is ALGM in?

Allegro MicroSystems, Inc. is classified under GICS Information Technology (Semiconductors).

What is ALGM's last close price?

ALGM last closed at $35.13 on 2026-09-24.

ALGM

NASDAQNext earnings·Oct 29AnalystsStrong Buy·11+56%

Allegro MicroSystems, Inc.

Information Technology · Semiconductors

$35.13last close

+13.1%~252d

Price

+13.07% over 1Y

3 auto-fib

Tese

em 2026-09-23

Bull case

Structural: pure-play on electrification content-per-vehicle. EVs use 2-3x more magnetic sensors than ICE (current sensing in inverter, position sensing in e-motor + e-steering, isolated gate drivers) and ALGM holds top-3 share in xMR/Hall.

xEV revenue grew 40%+ CAGR FY22-FY24 before cyclical reset. Fab-light model (TSMC, Polar) keeps gross margin in the high-50s through the cycle.

(1) EV BOM content tailwind survives any single OEM's pause - sensor count scales with electrification, not with Tesla/BYD market share. (2) Sanken overhang cleared in 2024 secondaries, float now ~95%. (3) ADAS + humanoid robotics (current sensing in actuators) are optionality on top of auto.

(4) Datacenter power leg (48V, GaN drivers) re-rates with hyperscaler capex. (5) Re-shoring + content-per-car keeps ASPs sticky vs commodity logic.

Bear case

(1) Auto inventory correction extended into 2H25-1H26 - Tier-1s destocking, lead times back to 8-12 weeks. (2) China local-for-local pressure on auto MCU/sensor stack ($SITE, Nexperia, local TMR upstarts). (3) Concentration: top 10 customers ~50% of revenue; one Bosch program slip dents a quarter.

(4) Margin compression risk if mix shifts away from xEV. (5) Trades at premium to broad analog ($ADI, $TXN, $MCHP) - re-rating cuts both ways.

•Sep 2024 - Sanken secondary offering completed; Sanken stake drops below 10%, removes structural overhang.

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Analyze ALGM· interactive tools

Conviction· in 1 watchlist

Top correlated· 252d co-movement

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Frequently asked questions

Is ALGM in IGV?: Yes, iShares Expanded Tech-Software Sector ETF (IGV) holds ALGM with 0.02% (as of 2026-09-22).
What ETFs hold ALGM?: Allegro MicroSystems, Inc. (ALGM) is held by IGV (0.02%).
What sector is ALGM in?: Allegro MicroSystems, Inc. is classified under GICS Information Technology (Semiconductors).
What is ALGM's last close price?: ALGM last closed at $35.13 on 2026-09-24.

Key levels

$32.97
0.786 retr of 22.41->71.77 (52w) · 2026-09-24
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
+6.5%
$41.27
0.618 retr of 22.41->71.77 (52w) · 2026-09-24
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
-14.9%
$47.09
0.5 retr of 22.41->71.77 (52w) · 2026-09-24
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
-25.4%
$52.91
0.382 retr of 22.41->71.77 (52w) · 2026-09-24
Out of reach · reference only
-33.6%

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Facts

Exchange: NASDAQ
Currency: USD
Market cap: $6.54B
Last update: 2026-09-24

Revenue (TTM)$946M

P/E501.6×

P/S6.9×

Net margin1.5%