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Astera Labs
ALABNASDAQ
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Astera Labs (NASDAQ:ALAB) Stock, Analyst Ratings, Price Targets, Forecasts
Astera Labs Inc has a consensus price target of $86.09 based on the ratings of 11 analysts. The high is $100 issued by Evercore ISI Group on April 16, 2024. The low is $81 issued by Stifel on April 15, 2024. The 3 most-recent analyst ratings were released by Needham, Evercore ISI Group, and Roth MKM on May 8, 2024, April 16, 2024, and April 15, 2024, respectively. With an average price target of $90 between Needham, Evercore ISI Group, and Roth MKM, there's an implied 91.04% upside for Astera Labs Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Needham
Evercore ISI Group
Roth MKM
Jefferies
Craig-Hallum
1calculated from analyst ratings
Analyst Ratings for Astera Labs
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/08/2024 | Buy Now | 80.43% | Needham | Quinn Bolton | → $85 | Reiterates | Buy → Buy | Get Alert |
| 04/16/2024 | Buy Now | 112.27% | Evercore ISI Group | Mark Lipacis | → $100 | Initiates | → Outperform | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | Roth MKM | Suji Desilva | → $85 | Initiates | → Buy | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | Jefferies | Blayne Curtis | → $85 | Initiates | → Buy | Get Alert |
| 04/15/2024 | Buy Now | 91.04% | Craig-Hallum | Richard Shannon | → $90 | Initiates | → Buy | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | Barclays | Tom O'Malley | → $85 | Initiates | → Overweight | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | JP Morgan | Harlan Sur | → $85 | Initiates | → Overweight | Get Alert |
| 04/15/2024 | Buy Now | 71.94% | Stifel | Tore Svanberg | → $81 | Initiates | → Buy | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | Needham | Quinn Bolton | → $85 | Initiates | → Buy | Get Alert |
| 04/15/2024 | Buy Now | 71.94% | Morgan Stanley | Joseph Moore | → $81 | Initiates | → Equal-Weight | Get Alert |
| 04/15/2024 | Buy Now | 80.43% | Deutsche Bank | Ross Seymore | → $85 | Initiates | → Buy | Get Alert |
| 03/25/2024 | Buy Now | 80.43% | Northland Capital Markets | Gus Richard | → $85 | Initiates | → Outperform | Get Alert |
FAQ
What is the target price for Astera Labs (ALAB) stock?
The latest price target for Astera Labs (NASDAQ:ALAB) was reported by Needham on May 8, 2024. The analyst firm set a price target for $85.00 expecting ALAB to rise to within 12 months (a possible 80.43% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Astera Labs (ALAB)?
The latest analyst rating for Astera Labs (NASDAQ:ALAB) was provided by Needham, and Astera Labs reiterated their buy rating.
When was the last upgrade for Astera Labs (ALAB)?
There is no last upgrade for Astera Labs
When was the last downgrade for Astera Labs (ALAB)?
There is no last downgrade for Astera Labs.
When is the next analyst rating going to be posted or updated for Astera Labs (ALAB)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Astera Labs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Astera Labs was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
Is the Analyst Rating Astera Labs (ALAB) correct?
While ratings are subjective and will change, the latest Astera Labs (ALAB) rating was a reiterated with a price target of $85.00 to $85.00. The current price Astera Labs (ALAB) is trading at is $47.11, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.