Astera Labs, Inc. (NASDAQ:ALAB) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Astera Labs, Inc. (NASDAQ:ALAB) have earned an average recommendation of “Moderate Buy” from the twenty-three analysts that are currently covering the stock, MarketBeat.com reports. Eleven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $254.75.

Several research firms recently commented on ALAB. Bank of America boosted their price target on Astera Labs from $240.00 to $450.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 23rd. TD Cowen boosted their price target on Astera Labs from $140.00 to $225.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Loop Capital began coverage on Astera Labs in a research note on Thursday, March 5th. They issued a “buy” rating and a $250.00 price target on the stock. Weiss Ratings upgraded Astera Labs from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Finally, Roth Mkm reiterated a “buy” rating and issued a $275.00 price target on shares of Astera Labs in a research note on Wednesday, May 6th.

Insider Buying and Selling

In other Astera Labs news, COO Sanjay Gajendra sold 400,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $290.30, for a total transaction of $116,120,000.00. Following the sale, the chief operating officer owned 5,064,213 shares in the company, valued at $1,470,141,033.90. This represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jitendra Mohan sold 325,693 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $172.14, for a total value of $56,064,793.02. Following the sale, the chief executive officer owned 4,079,322 shares in the company, valued at $702,214,489.08. The trade was a 7.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,161,942 shares of company stock worth $460,115,294. 10.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Astera Labs

Several institutional investors and hedge funds have recently bought and sold shares of ALAB. Assetmark Inc. raised its stake in Astera Labs by 374.1% during the third quarter. Assetmark Inc. now owns 128 shares of the company’s stock valued at $25,000 after buying an additional 101 shares in the last quarter. Reflection Asset Management acquired a new stake in Astera Labs during the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC raised its stake in Astera Labs by 422.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the company’s stock valued at $32,000 after buying an additional 152 shares in the last quarter. Hilltop National Bank raised its stake in Astera Labs by 100.0% during the fourth quarter. Hilltop National Bank now owns 200 shares of the company’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in Astera Labs during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 60.47% of the company’s stock.

Astera Labs Price Performance

Shares of NASDAQ ALAB opened at $391.74 on Wednesday. Astera Labs has a 1-year low of $85.85 and a 1-year high of $440.99. The business has a 50-day moving average of $289.20 and a 200-day moving average of $196.24. The company has a market capitalization of $67.15 billion, a price-to-earnings ratio of 264.69, a PEG ratio of 4.50 and a beta of 3.94.

Astera Labs (NASDAQ:ALAB) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.54 by $0.07. Astera Labs had a return on equity of 18.49% and a net margin of 26.72%.The business had revenue of $308.36 million for the quarter, compared to analysts’ expectations of $292.19 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The company’s revenue was up 93.5% compared to the same quarter last year. Astera Labs has set its Q2 2026 guidance at 0.680-0.700 EPS. Research analysts expect that Astera Labs will post 1.84 EPS for the current fiscal year.

Astera Labs Company Profile

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.