Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Astera Labs, Inc. Market Cap
The Astera Labs, Inc. (ALAB) share price is expected to increase by 37.51% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ALAB. Price targets range from $55 at the low end to $85 at the high end. The current analyst consensus for ALAB is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
ALAB is a stock in Technology which has been forecasted to be worth $69.5 as an average. On the higher end, the forecast price is $85 USD by Gus Richard from Northland Capital Markets and on the lower end ALAB is forecasted to be $55 by Joseph Moore from Morgan Stanley.
These are the latest 20 analyst ratings of ALAB.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Joseph Moore Morgan Stanley | Overweight | $55 | Upgrade | Sep 4, 2024 |
| Harlan Sur JP Morgan | Overweight | $70 | Maintains | Aug 7, 2024 |
| Ross Seymore Deutsche Bank | Buy | $60 | Maintains | Aug 7, 2024 |
| Suji Desilva Roth MKM | Buy | $60 | Maintains | Aug 7, 2024 |
| Richard Shannon Craig-Hallum | Buy | $75 | Maintains | Aug 7, 2024 |
| Mark Lipacis Evercore ISI Group | Outperform | $80 | Maintains | Aug 7, 2024 |
| Joseph Moore Morgan Stanley | Equal-Weight | $55 | Maintains | Aug 7, 2024 |
| Tom O'Malley Barclays | Overweight | $70 | Maintains | Aug 7, 2024 |
| Quinn Bolton Needham | Buy | $65 | Maintains | Aug 7, 2024 |
| Tore Svanberg Stifel | Buy | $80 | Maintains | Aug 5, 2024 |
| Quinn Bolton Needham | Buy | $85 | Reiterates | May 8, 2024 |
| Mark Lipacis Evercore ISI Group | Outperform | $100 | Initiates | Apr 16, 2024 |
| Blayne Curtis Jefferies | Buy | $85 | Initiates | Apr 15, 2024 |
| Quinn Bolton Needham | Buy | $85 | Initiates | Apr 15, 2024 |
| Harlan Sur JP Morgan | Overweight | $85 | Initiates | Apr 15, 2024 |
| Richard Shannon Craig-Hallum | Buy | $90 | Initiates | Apr 15, 2024 |
| Tom O'Malley Barclays | Overweight | $85 | Initiates | Apr 15, 2024 |
| Tore Svanberg Stifel | Buy | $81 | Initiates | Apr 15, 2024 |
| Joseph Moore Morgan Stanley | Equal-Weight | $81 | Initiates | Apr 15, 2024 |
| Ross Seymore Deutsche Bank | Buy | $85 | Initiates | Apr 15, 2024 |
When did it IPO
N/A
Staff Count
267
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Jitendra Mohan
Market Cap
$7.94B
In 2023, ALAB generated $115.8M in revenue, which was a increase of 44.97% from the previous year. This can be seen as a signal that ALAB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Astera Labs, Inc. (ALAB) closed at $41.36, reflecting a decrease of 1.45% from the previous trading day.
Why It Matters - Astera Labs' decline of 1.45% reflects market sentiment and can signal potential volatility, impacting investor confidence and future trading strategies.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Astera Labs has launched a new R&D facility in Bengaluru and appointed Dr. Shivananda Koteshwar as Managing Director for its India operations.
Why It Matters - Astera Labs' new R&D site in India signals expansion and innovation potential, which may enhance growth prospects and attract investor interest in the tech sector.
Wed, 04 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Morgan Stanley upgraded Astera Labs stock, predicting significant price increases over the next year.
Why It Matters - Morgan Stanley's upgrade signals confidence in Astera Labs, potentially boosting investor sentiment and attracting more buyers, which could drive the stock price higher.
Wed, 04 Sep 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Top Wall Street analysts have revised their outlooks on several key companies, indicating changes in ratings. For detailed information, refer to the analyst ratings page.
Why It Matters - Changes in analyst ratings can significantly impact stock prices, influencing investor sentiment and trading decisions on those companies.
Thu, 29 Aug 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Nvidia's Q2 results show strong AI demand, boosting investor interest in Astera Labs and other AI stocks, despite not positively impacting Nvidia's own stock price.
Why It Matters - Nvidia's strong Q2 results signal robust AI demand, boosting confidence in the sector and driving gains for related companies like Astera Labs, highlighting growth potential in AI investments.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Investors should monitor Astera Labs (ALAB) stock due to recent significant activity in the options market.
Why It Matters - Increased activity in Astera Labs' options market signals potential volatility or shifts in investor sentiment, which could impact ALAB stock performance and trading strategies.
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