Astera Labs, Inc. (ALAB)
NASDAQ: ALAB · Real-Time Price · USD
97.42
+2.24 (2.35%)
At close: Nov 20, 2024, 4:00 PM
99.87
+2.45 (2.51%)
Pre-market: Nov 21, 2024, 4:51 AM 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 93, with a low estimate of 65 and a high estimate of 120. The average target predicts a decrease of -4.54% from the current stock price of 97.42.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 7 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Initiates $120 | Strong Buy | Initiates | $120 | +23.18% | Nov 18, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $80 → $105 | Strong Buy | Maintains | $80 → $105 | +7.78% | Nov 5, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $74 → $94 | Buy | Maintains | $74 → $94 | -3.51% | Nov 5, 2024 |
| Stifel | Stifel | Strong Buy Maintains $80 → $100 | Strong Buy | Maintains | $80 → $100 | +2.65% | Nov 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $70 → $110 | Buy | Maintains | $70 → $110 | +12.91% | Nov 5, 2024 |
Financial Forecast
Revenue This Year
380.90M
from 115.79M
Increased by 228.95%
Revenue Next Year
594.07M
from 380.90M
Increased by 55.96%
EPS This Year
0.69
from -0.71
EPS Next Year
1.08
from 0.69
Increased by 54.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 404.5M | 686.0M | 964.2M | |
| Avg | 380.9M | 594.1M | 802.6M | |
| Low | 336.2M | 490.0M | 578.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 249.3% | 80.1% | 62.3% | |
| Avg | 228.9% | 56.0% | 35.1% | |
| Low | 190.4% | 28.6% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.78 | 1.42 | 2.05 | |
| Avg | 0.69 | 1.08 | 1.55 | |
| Low | 0.53 | 0.73 | 0.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 104.4% | 90.3% | |
| Avg | - | 54.9% | 44.2% | |
| Low | - | 4.4% | -18.0% |
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.