Astera Labs, Inc. (ALAB)
NASDAQ: ALAB · Real-Time Price · USD
70.16
-3.34 (-4.54%)
At close: Oct 31, 2024, 4:00 PM
70.50
+0.34 (0.48%)
After-hours: Oct 31, 2024, 7:43 PM EDT
Astera Labs Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Astera Labs stock have an average target of 71.27, with a low estimate of 60 and a high estimate of 85. The average target predicts an increase of 1.58% from the current stock price of 70.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Astera Labs stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 4 | 4 | 4 | 4 | 5 | 5 |
Hold | 1 | 1 | 1 | 1 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Buy Maintains $55 → $74 | Buy | Maintains | $55 → $74 | +5.47% | Oct 9, 2024 |
Needham | Needham | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | -7.35% | Oct 9, 2024 |
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $55 | Hold → Buy | Upgrades | $55 | -21.61% | Sep 4, 2024 |
Jefferies | Jefferies | Strong Buy Maintains $85 → $65 | Strong Buy | Maintains | $85 → $65 | -7.35% | Aug 7, 2024 |
JP Morgan | JP Morgan | Buy Maintains $95 → $70 | Buy | Maintains | $95 → $70 | -0.23% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
355.13M
from 115.79M
Increased by 206.69%
Revenue Next Year
525.37M
from 355.13M
Increased by 47.94%
EPS This Year
0.59
from -0.71
EPS Next Year
0.86
from 0.59
Increased by 46.75%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 369.5M | 648.4M | 903.7M | |
Avg | 355.1M | 525.4M | 708.5M | |
Low | 336.1M | 485.9M | 578.4M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 219.1% | 82.6% | 72.0% | |
Avg | 206.7% | 47.9% | 34.9% | |
Low | 190.3% | 36.8% | 10.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 0.66 | 1.43 | 1.63 | |
Avg | 0.59 | 0.86 | 1.23 | |
Low | 0.53 | 0.66 | 0.88 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | - | 143.6% | 89.2% | |
Avg | - | 46.7% | 42.2% | |
Low | - | 12.5% | 2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.