Why These 15 Semiconductor Stocks Are Skyrocketing So Far In 2025

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7. Allegro Microsystems Inc (NASDAQ:ALGM)

Number of Hedge Fund Holders In Q3 2024: 14

Allegro Microsystems Inc (NASDAQ:ALGM) makes sensor integrated circuits (ICs) and analog power ICs.

The stock has been rising markedly so far in 2025 after it announced a $375 million debt refinancing plan in January. It replaced existing loans with a first lien term facility that matures in 2030 and extends old debt maturity.

The company also reduced its interest expense guidance for Q4 2025 to about $6 million from $7.8 million in Q3.

Q3 2025 results and guidance came in strong too. It beat revenue by reporting $177.9 million vs. $176.34 million expected. Non-GAAP EPS came in at $0.07 vs. $0.06. Q4 2025 guidance projects sequential revenue growth ($180M-$190M range) and non-GAAP EPS of $0.03-$0.07.

The consensus price target of $30.70 implies 25.63% upside.

ALGM stock is up 14.25% year-to-date.

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