Astera Labs, Inc. (NASDAQ:ALAB) Receives $190.63 Average PT from Analysts

Shares of Astera Labs, Inc. (NASDAQ:ALAB) have received a consensus rating of “Moderate Buy” from the twenty-two research firms that are presently covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $190.6316.

Several research firms recently weighed in on ALAB. Bank of America initiated coverage on shares of Astera Labs in a research note on Friday, October 3rd. They issued a “neutral” rating and a $230.00 target price for the company. Citigroup reissued an “outperform” rating on shares of Astera Labs in a research report on Tuesday, December 9th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Astera Labs in a report on Wednesday, December 3rd. Royal Bank Of Canada began coverage on shares of Astera Labs in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $225.00 target price for the company. Finally, Wall Street Zen downgraded Astera Labs from a “buy” rating to a “hold” rating in a research report on Tuesday, November 11th.

Astera Labs Price Performance

Astera Labs stock opened at $160.46 on Friday. The company has a market cap of $27.10 billion, a price-to-earnings ratio of 144.56, a P/E/G ratio of 2.29 and a beta of 1.50. The firm has a 50-day moving average of $163.81 and a 200-day moving average of $170.73. Astera Labs has a one year low of $47.13 and a one year high of $262.90.

Astera Labs (NASDAQ:ALAB) last released its earnings results on Tuesday, November 4th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.10. The business had revenue of $230.58 million for the quarter, compared to analyst estimates of $206.42 million. Astera Labs had a return on equity of 13.48% and a net margin of 27.50%.Astera Labs’s revenue was up 103.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 earnings per share. Astera Labs has set its Q4 2025 guidance at 0.50-0.510 EPS. As a group, sell-side analysts expect that Astera Labs will post 0.34 earnings per share for the current year.

Insider Buying and Selling at Astera Labs

In other Astera Labs news, CEO Jitendra Mohan sold 90,459 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $144.69, for a total value of $13,088,512.71. Following the transaction, the chief executive officer directly owned 2,080,418 shares in the company, valued at $301,015,680.42. The trade was a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Michael Truett Tate sold 11,430 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $144.69, for a total transaction of $1,653,806.70. Following the completion of the transaction, the chief financial officer directly owned 192,297 shares in the company, valued at $27,823,452.93. The trade was a 5.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 576,936 shares of company stock worth $87,409,540 in the last three months. 12.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ALAB. Assetmark Inc. boosted its holdings in shares of Astera Labs by 374.1% during the third quarter. Assetmark Inc. now owns 128 shares of the company’s stock worth $25,000 after acquiring an additional 101 shares during the period. Hilltop National Bank boosted its stake in Astera Labs by 100.0% in the 4th quarter. Hilltop National Bank now owns 200 shares of the company’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Aventura Private Wealth LLC acquired a new position in Astera Labs in the 4th quarter valued at $33,000. Bernard Wealth Management Corp. acquired a new position in Astera Labs in the 2nd quarter valued at $36,000. Finally, National Bank of Canada FI increased its position in Astera Labs by 159.0% during the 3rd quarter. National Bank of Canada FI now owns 202 shares of the company’s stock worth $39,000 after buying an additional 124 shares during the period. Institutional investors and hedge funds own 60.47% of the company’s stock.

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.