Astera Labs, Inc. (ALAB)
NASDAQ: ALAB · IEX Real-Time Price · USD
69.26
-6.93 (-9.10%)
At close: May 8, 2024, 4:00 PM
68.90
-0.36 (-0.52%)
After-hours: May 8, 2024, 7:59 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 86.09, with a low estimate of 81 and a high estimate of 100. The average target predicts an increase of 24.30% from the current stock price of 69.26.
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 | Apr '24 | May '24 |
|---|---|---|
| Strong Buy | 6 | 6 |
| Buy | 4 | 4 |
| Hold | 1 | 1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $85 | Strong Buy | Reiterates | $85 | +22.73% | May 8, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $100 | Buy | Initiates | $100 | +44.38% | Apr 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $85 | Strong Buy | Initiates | $85 | +22.73% | Apr 15, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $85 | Strong Buy | Initiates | $85 | +22.73% | Apr 15, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $90 | Strong Buy | Initiates | $90 | +29.95% | Apr 15, 2024 |
Financial Forecast
Revenue This Year
n/a
from 115.79M
Revenue Next Year
n/a
EPS This Year
n/a
from -0.71
EPS Next Year
n/a
Revenue Forecast
No data available
Revenue Growth
No data available
EPS Forecast
No data available
EPS Growth
No data available
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.