Consensus Rating1
Buy
Highest Price Target1
$85.00
Lowest Price Target1
$55.00
Consensus Price Target1
$71.36

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

Astera Labs Inc has a consensus price target of $71.36 based on the ratings of 11 analysts. The high is $85 issued by Jefferies on April 15, 2024. The low is $55 issued by Morgan Stanley on September 4, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and Deutsche Bank on September 4, 2024, August 7, 2024, and August 7, 2024, respectively. With an average price target of $61.67 between Morgan Stanley, JP Morgan, and Deutsche Bank, there's an implied 47.21% upside for Astera Labs Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
3
1
Apr
0
0
0
0
May
3
1
Aug
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
JP Morgan
Deutsche Bank
Roth MKM
Barclays

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 Morgan Stanley on September 4, 2024. The analyst firm set a price target for $55.00 expecting ALAB to rise to within 12 months (a possible 31.30% upside). 22 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 Morgan Stanley, and Astera Labs upgraded their overweight 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 September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 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 upgraded with a price target of $55.00 to $55.00. The current price Astera Labs (ALAB) is trading at is $41.89, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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