Astera Labs, Inc. (ALAB)
NASDAQ: ALAB · Real-Time Price · USD
132.17
+6.89 (5.50%)
At close: Dec 20, 2024, 4:00 PM
134.00
+1.83 (1.38%)
After-hours: Dec 20, 2024, 7:59 PM EST
Astera Labs Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Astera Labs stock have an average target of 97, with a low estimate of 65 and a high estimate of 142. The average target predicts a decrease of -26.61% from the current stock price of 132.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Astera Labs stock from 12 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $94 → $142 | Buy | Maintains | $94 → $142 | +7.44% | Dec 20, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $120 | Strong Buy | Initiates | $120 | -9.21% | Nov 18, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $80 → $105 | Strong Buy | Maintains | $80 → $105 | -20.56% | Nov 5, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $74 → $94 | Buy | Maintains | $74 → $94 | -28.88% | Nov 5, 2024 |
| Stifel | Stifel | Strong Buy Maintains $80 → $100 | Strong Buy | Maintains | $80 → $100 | -24.34% | Nov 5, 2024 |
Financial Forecast
Revenue This Year
387.99M
from 115.79M
Increased by 235.07%
Revenue Next Year
622.65M
from 387.99M
Increased by 60.48%
EPS This Year
0.74
from -0.71
EPS Next Year
1.20
from 0.74
Increased by 63.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 404.5M | 719.5M | 990.3M | |
| Avg | 388.0M | 622.7M | 824.9M | |
| Low | 342.6M | 519.4M | 578.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 249.3% | 85.4% | 59.0% | |
| Avg | 235.1% | 60.5% | 32.5% | |
| Low | 195.9% | 33.9% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.78 | 1.50 | 2.27 | |
| Avg | 0.74 | 1.20 | 1.70 | |
| Low | 0.69 | 0.98 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 103.7% | 88.6% | |
| Avg | - | 63.2% | 40.9% | |
| Low | - | 33.0% | -26.7% |
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.