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Astera Labs

ALABNASDAQ
Logo brought to you by Benzinga Data
$101.81
4.394.51%
Pre-Market: 9:04 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$120.00
Lowest Price Target1
$65.00
Consensus Price Target1
$93.00

Astera Labs (NASDAQ:ALAB) Stock, Analyst Ratings, Price Targets, Forecasts

Astera Labs Inc has a consensus price target of $93 based on the ratings of 12 analysts. The high is $120 issued by Citigroup on November 18, 2024. The low is $65 issued by Needham on October 9, 2024. The 3 most-recent analyst ratings were released by Citigroup, Roth MKM, and Morgan Stanley on November 18, 2024, November 5, 2024, and November 5, 2024, respectively. With an average price target of $106.33 between Citigroup, Roth MKM, and Morgan Stanley, there's an implied 4.44% upside for Astera Labs Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
9
1
Aug
1
Sep
2
Oct
8
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Roth MKM
Morgan Stanley
Stifel
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Astera Labs

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Astera Labs (ALAB) stock?

A

The latest price target for Astera Labs (NASDAQ:ALAB) was reported by Citigroup on November 18, 2024. The analyst firm set a price target for $120.00 expecting ALAB to rise to within 12 months (a possible 17.86% upside). 33 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Astera Labs (ALAB)?

A

The latest analyst rating for Astera Labs (NASDAQ:ALAB) was provided by Citigroup, and Astera Labs initiated their buy rating.

Q

When was the last upgrade for Astera Labs (ALAB)?

A

The last upgrade for Astera Labs Inc happened on September 4, 2024 when Morgan Stanley raised their price target to $55. Morgan Stanley previously had an equal-weight for Astera Labs Inc.

Q

When was the last downgrade for Astera Labs (ALAB)?

A

There is no last downgrade for Astera Labs.

Q

When is the next analyst rating going to be posted or updated for Astera Labs (ALAB)?

A

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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.

Q

Is the Analyst Rating Astera Labs (ALAB) correct?

A

While ratings are subjective and will change, the latest Astera Labs (ALAB) rating was a initiated with a price target of $0.00 to $120.00. The current price Astera Labs (ALAB) is trading at is $101.81, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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