Astera Labs, Inc. (NASDAQ:ALAB) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analyst consensus: Astera Labs has an average rating of "Moderate Buy" from 24 brokerages (15 Buy, 8 Hold, 1 Sell) with an average 1-year price target of $199.20.
• Insider selling: Directors have recently sold large stakes—Manuel Alba sold 183,000 shares (~$19.7M) and Stefan Dyckerhoff sold 3,757 shares (~$657.9K)—with insiders disposing of 1,064,888 shares (~$150.8M) in the last three months; insiders now own 12.50% of the stock.
• Financials and stock profile: Astera Labs beat expectations with Q4 EPS $0.58 (vs. $0.51) and revenue $270.6M (vs. $249.5M), revenue up 91.8% YoY; the stock trades at a market cap of $34.47B with a P/E of ~165, beta 3.35, and a one-year range of $63.40–$262.90.

Astera Labs, Inc. (NASDAQ:ALAB - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-four brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and fifteen have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $199.20.

ALAB has been the subject of a number of recent research reports. Rothschild & Co Redburn initiated coverage on Astera Labs in a report on Friday. They issued a "neutral" rating and a $153.00 target price for the company. Loop Capital initiated coverage on Astera Labs in a report on Thursday, March 5th. They issued a "buy" rating and a $250.00 target price for the company. Citigroup initiated coverage on Astera Labs in a report on Thursday, April 2nd. They issued a "buy" rating and a $200.00 target price for the company. Barclays set a $165.00 price objective on Astera Labs in a report on Thursday, January 15th. Finally, UBS Group began coverage on Astera Labs in a research report on Tuesday, April 21st. They issued a "neutral" rating and a $180.00 price objective on the stock.

Insiders Place Their Bets

In other news, Director Manuel Alba sold 183,000 shares of Astera Labs stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $107.61, for a total transaction of $19,692,630.00. Following the completion of the sale, the director directly owned 319,863 shares in the company, valued at approximately $34,420,457.43. This trade represents a 36.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stefan A. Dyckerhoff sold 3,757 shares of Astera Labs stock in a transaction on Monday, April 20th. The stock was sold at an average price of $175.12, for a total value of $657,925.84. Following the sale, the director owned 67,144 shares of the company's stock, valued at approximately $11,758,257.28. This trade represents a 5.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,064,888 shares of company stock valued at $150,764,723 in the last three months. 12.50% of the stock is owned by company insiders.

Institutional Trading of Astera Labs

Several institutional investors and hedge funds have recently made changes to their positions in the business. Lido Advisors LLC lifted its position in shares of Astera Labs by 0.5% during the fourth quarter. Lido Advisors LLC now owns 12,297 shares of the company's stock worth $2,046,000 after purchasing an additional 57 shares during the last quarter. Perigon Wealth Management LLC lifted its position in shares of Astera Labs by 6.2% during the fourth quarter. Perigon Wealth Management LLC now owns 1,252 shares of the company's stock worth $208,000 after purchasing an additional 73 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in shares of Astera Labs by 13.6% in the 3rd quarter. Clearstead Advisors LLC now owns 636 shares of the company's stock worth $125,000 after buying an additional 76 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Astera Labs by 9.2% in the 4th quarter. Sound Income Strategies LLC now owns 902 shares of the company's stock worth $164,000 after buying an additional 76 shares during the period. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Astera Labs by 2.6% in the 4th quarter. Venturi Wealth Management LLC now owns 3,284 shares of the company's stock worth $546,000 after buying an additional 84 shares during the period. 60.47% of the stock is currently owned by institutional investors.

Astera Labs Stock Performance

Shares of Astera Labs stock opened at $201.25 on Tuesday. The stock has a market cap of $34.47 billion, a price-to-earnings ratio of 164.96, a price-to-earnings-growth ratio of 3.99 and a beta of 3.35. The stock has a 50 day moving average price of $139.00 and a 200-day moving average price of $153.00. Astera Labs has a one year low of $63.40 and a one year high of $262.90.

Astera Labs (NASDAQ:ALAB - Get Free Report) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. The firm had revenue of $270.58 million during the quarter, compared to analysts' expectations of $249.46 million. Astera Labs had a return on equity of 16.12% and a net margin of 25.70%.The company's quarterly revenue was up 91.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. Astera Labs has set its Q1 2026 guidance at 0.530-0.540 EPS. Sell-side analysts predict that Astera Labs will post 1.48 earnings per share for the current fiscal year.

About Astera Labs

Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. The firm focuses on addressing signal integrity and link management challenges that arise as server architectures incorporate higher-bandwidth processors and accelerators. Its technology is aimed at improving reliability and performance for high-speed interconnects used in servers, storage systems and compute accelerators.

The company's product portfolio centers on silicon devices and accompanying firmware and software that enhance and manage high-speed links.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.