Top-Rated StocksTop-RatedNASDAQ:ALAB Astera Labs (ALAB) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free alab Stock Alerts $69.26 -6.93 (-9.10%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$66.10▼$74.2050-Day Range N/A52-Week Range$50.61▼$95.21Volume5.39 million shsAverage Volume3.00 million shsMarket Capitalization$10.56 billionP/E RatioN/ADividend YieldN/APrice Target$86.09 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Astera Labs alerts: Email Address Astera Labs MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.3% Upside$86.09 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 19 Articles This WeekInsider TradingAcquiring Shares$360,000 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.58) to ($0.36) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.70 out of 5 starsComputer And Technology Sector457th out of 592 stocksSemiconductors & Related Devices Industry77th out of 89 stocks 3.5 Analyst's Opinion Consensus RatingAstera Labs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAstera Labs has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Astera Labs' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ALAB. Previous Next 0.0 Dividend Strength Dividend YieldAstera Labs does not currently pay a dividend.Dividend GrowthAstera Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALAB. Previous Next 1.8 News and Social Media Coverage News SentimentAstera Labs has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Astera Labs this week, compared to 7 articles on an average week.Search InterestOnly 58 people have searched for ALAB on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat FollowsOnly 27 people have added Astera Labs to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Astera Labs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $360,000.00 in company stock and sold $0.00 in company stock.Read more about Astera Labs' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Astera Labs are expected to grow in the coming year, from ($0.58) to ($0.36) per share.Read more about Astera Labs' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…>>Click here to find out what it is. About Astera Labs Stock (NASDAQ:ALAB)Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.Read More ALAB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALAB Stock News HeadlinesMay 8, 2024 | markets.businessinsider.comAstera Labs, Inc.: Strong Buy Rating Affirmed Amidst Robust Growth and Market LeadershipMay 8, 2024 | msn.comAstera Labs shares stumble amid high expectations; Wall Street defends AI promiseMay 9, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.May 8, 2024 | investopedia.comAstera Labs Stock Drops As High Growth Expectations Outweigh Blowout Quarterly ReportMay 8, 2024 | barrons.comPalantir, Arista Networks, Microsoft, Astera Labs, and Other Tech Stocks in Focus TodayMay 7, 2024 | markets.businessinsider.comALAB Stock Earnings: Astera Labs Beats EPS, Beats Revenue for Q1 2024May 7, 2024 | msn.comDow Jones Futures: Market Rally Holds Recent Gains; Reddit Leads 7 Earnings Movers LateMay 7, 2024 | msn.comAstera Labs slides despite strong Q1 results, guidanceMay 9, 2024 | Priority Gold (Ad)The 2024 Gold Rush: Unleashing Market PotentialWelcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.May 7, 2024 | msn.comHot IPO Stock Astera Labs Beats Q1 Targets On AI Infrastructure SpendingMay 7, 2024 | businesswire.comAstera Labs Announces Financial Results for the First Quarter of Fiscal Year 2024May 7, 2024 | markets.businessinsider.comCraig-Hallum Reaffirms Their Buy Rating on Astera Labs, Inc. (ALAB)May 6, 2024 | msn.comMorgan Stanley weighs in on Microchip, GlobalFoundries, others ahead of quarterly resultsMay 1, 2024 | benzinga.comBehind the Scenes of Astera Labs's Latest Options TrendsApril 30, 2024 | msn.comCan Astera Labs Stock Reach $100 Per Share?April 30, 2024 | americanbankingnews.comAstera Labs (ALAB) to Release Quarterly Earnings on TuesdayApril 29, 2024 | cnbc.comMorgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025April 26, 2024 | msn.comMicrosoft-Backed Rubrik Surges More Than 15% in Its Trading DebutApril 25, 2024 | investorplace.com3 Semiconductor Stocks That Could Be Multibaggers in the Making: April EditionApril 23, 2024 | investorplace.comChip Champs: 3 AI Hardware Picks to Supercharge Your Investment PortfolioApril 20, 2024 | investorplace.comSilicon Valley's Next Unicorns: 3 Tech Disruptors to Buy on WeaknessApril 19, 2024 | benzinga.comDecoding Astera Labs's Options Activity: What's the Big Picture?April 18, 2024 | morningstar.comAstera Labs Inc ALABApril 16, 2024 | morningstar.comWhy Astera Labs' stock strikes bulls as a unique buy despite lofty valuationApril 16, 2024 | msn.comReddit and Astera Labs: J.P. Morgan Selects the Superior AI Stock to BuyApril 16, 2024 | msn.comAMD, Arm, Nvidia in spotlight as Evercore initiates coverage on semiconductor stocksApril 16, 2024 | finance.yahoo.comAstera Labs, Inc. (ALAB)See More Headlines Receive ALAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Astera Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/08/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:ALAB Previous SymbolNASDAQ:ALAB CUSIPN/A CIK1736297 Webwww.asteralabs.com Phone408-242-7319FaxN/AEmployees225Year FoundedN/APrice Target and Rating Average Stock Price Target$86.09 High Stock Price Target$100.00 Low Stock Price Target$81.00 Potential Upside/Downside+24.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares152,500,000Free FloatN/AMarket Cap$10.56 billion OptionableOptionable BetaN/A The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Jitendra Mohan (Age 50)Co-Founder, CEO & Executive Director Comp: $492.13kMr. Philip Mazzara (Age 45)General Counsel & Secretary Comp: $491.59kMr. Sanjay Gajendra (Age 49)Co-Founder, President, COO & Director Mr. Casey MorrisonCo-Founder & Chief Product OfficerMr. Michael T. Tate CPA (Age 58)Chief Financial Officer Mr. Nicholas H. AberleVP, Treasurer & Head of Investor RelationsMr. Kelvin KhooSenior Vice President of Corporate DevelopmentMr. Patrick HendersonSenior Vice President of SalesMs. Paroma SenVice president of Corporate MarketingMr. Kush SaxenaChief Human Resources OfficerMore ExecutivesKey CompetitorsLattice SemiconductorNASDAQ:LSCCQorvoNASDAQ:QRVOSkyworks SolutionsNASDAQ:SWKSAmkor TechnologyNASDAQ:AMKRMACOM Technology SolutionsNASDAQ:MTSIView All CompetitorsInsiders & InstitutionsSei Investments Co.Bought 12,829 shares on 5/7/2024Ownership: 0.008%Central Pacific Bank Trust DivisionBought 5,647 shares on 5/3/2024Ownership: 0.004%Jennison Associates LLCBought 152,086 shares on 5/2/2024Ownership: 0.100%Peregrine Asset Advisers Inc.Bought 33,905 shares on 5/2/2024Ownership: 0.022%Capstone Investment Advisors LLCBought 62,400 shares on 5/1/2024Ownership: 0.041%View All Insider TransactionsView All Institutional Transactions ALAB Stock Analysis - Frequently Asked Questions Should I buy or sell Astera Labs stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Astera Labs in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALAB shares. View ALAB analyst ratings or view top-rated stocks. What is Astera Labs' stock price target for 2024? 11 brokers have issued 1 year price objectives for Astera Labs' shares. Their ALAB share price targets range from $81.00 to $100.00. On average, they predict the company's stock price to reach $86.09 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View analysts price targets for ALAB or view top-rated stocks among Wall Street analysts. How have ALAB shares performed in 2024? Astera Labs' stock was trading at $64.15 at the beginning of the year. Since then, ALAB shares have increased by 8.0% and is now trading at $69.26. View the best growth stocks for 2024 here. When is Astera Labs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our ALAB earnings forecast. What ETFs hold Astera Labs' stock? ETFs with the largest weight of Astera Labs (NASDAQ:ALAB) stock in their portfolio include Roundhill Generative AI & Technology ETF (CHAT), Fidelity Blue Chip Growth ETF (FBCG) and American Century Focused Dynamic Growth ETF (FDG). What guidance has Astera Labs issued on next quarter's earnings? Astera Labs issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 0.110-0.110 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $71.8 million-$73.1 million, compared to the consensus revenue estimate of $63.8 million. When did Astera Labs IPO? Astera Labs (ALAB) raised $713 million in an initial public offering on Wednesday, March 20th 2024. The company issued 19,800,000 shares at $36.00 per share. When did the company's quiet period expire? Astera Labs' quiet period expired on Monday, April 29th. Astera Labs had issued 19,800,000 shares in its initial public offering on March 20th. The total size of the offering was $712,800,000 based on an initial share price of $36.00. During the company's quiet period, insiders and underwriters that worked on the IPO were prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. Who are Astera Labs' major shareholders? Astera Labs' stock is owned by a variety of institutional and retail investors. Top institutional investors include Amazon Com Inc. (0.18%), Allspring Global Investments Holdings LLC (0.16%), Allspring Global Investments Holdings LLC (0.16%), Jennison Associates LLC (0.10%), Capstone Investment Advisors LLC (0.04%) and Seven Grand Managers LLC (0.03%). View institutional ownership trends. How do I buy shares of Astera Labs? Shares of ALAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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