Astera Labs Inc has a consensus price target of $86.09, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Needham, Evercore ISI Group, and Roth MKM on May 8, 2024, April 16, 2024, and April 15, 2024. With an average price target of $90 between Needham, Evercore ISI Group, and Roth MKM, there's an implied 57.58% upside for Astera Labs Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/08/2024 | Buy Now | 48.82% | Needham | Quinn Bolton | → $85 | Reiterates | Buy → Buy | Get Alert |
04/16/2024 | Buy Now | 75.09% | Evercore ISI Group | Mark Lipacis | → $100 | Initiates | → Outperform | Get Alert |
04/15/2024 | Buy Now | 48.82% | Roth MKM | Suji Desilva | → $85 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 48.82% | Jefferies | Blayne Curtis | → $85 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 57.58% | Craig-Hallum | Richard Shannon | → $90 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 48.82% | Barclays | Tom O'Malley | → $85 | Initiates | → Overweight | Get Alert |
04/15/2024 | Buy Now | 48.82% | JP Morgan | Harlan Sur | → $85 | Initiates | → Overweight | Get Alert |
04/15/2024 | Buy Now | 41.82% | Stifel | Tore Svanberg | → $81 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 48.82% | Needham | Quinn Bolton | → $85 | Initiates | → Buy | Get Alert |
04/15/2024 | Buy Now | 41.82% | Morgan Stanley | Joseph Moore | → $81 | Initiates | → Equal-Weight | Get Alert |
04/15/2024 | Buy Now | 48.82% | Deutsche Bank | Ross Seymore | → $85 | Initiates | → Buy | Get Alert |
03/25/2024 | Buy Now | 48.82% | Northland Capital Markets | Gus Richard | → $85 | Initiates | → Outperform | Get Alert |
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 48.82% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Astera Labs (NASDAQ:ALAB) was provided by Needham, and Astera Labs reiterated their buy rating.
There is no last upgrade for Astera Labs
There is no last downgrade for Astera Labs.
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.
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 $57.12, which is out of the analyst’s predicted range.
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