Astera Labs (ALAB) Stock Forecast, Price Target & Predictions
ALAB Stock Forecast
Astera Labs stock forecast is as follows: an average price target of $88.63 (represents a -6.88% downside from ALAB’s last price of $95.18) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
ALAB Price Target
The average price target for Astera Labs (ALAB) is $88.63 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $110.00 to $65.00. This represents a potential -6.88% downside from ALAB's last price of $95.18.
ALAB Analyst Ratings
According to 8 Wall Street analysts, Astera Labs's rating consensus is 'Buy'. The analyst rating breakdown for ALAB stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Astera Labs Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 05, 2024 | Mark Lipacis | Evercore ISI | $110.00 | $95.91 | 14.69% | 15.57% |
| Nov 05, 2024 | Richard Shannon | Craig-Hallum | $105.00 | $95.01 | 10.51% | 10.32% |
| Nov 05, 2024 | Quinn Bolton | Needham | $100.00 | $95.01 | 5.25% | 5.06% |
| Nov 05, 2024 | Tore Svanberg | Stifel Nicolaus | $100.00 | $95.91 | 4.26% | 5.06% |
| Oct 09, 2024 | Joseph Moore | Morgan Stanley | $74.00 | $52.96 | 39.73% | -22.25% |
| Aug 26, 2024 | Quinn Bolton | Needham | $42.48 | $43.75 | -2.90% | -55.37% |
| Aug 07, 2024 | Blayne Curtis | Jefferies | $65.00 | $42.48 | 53.01% | -31.71% |
| Aug 07, 2024 | Quinn Bolton | Needham | $65.00 | $36.37 | 78.72% | -31.71% |
| Aug 07, 2024 | Joseph Moore | Morgan Stanley | $55.00 | $42.48 | 29.47% | -42.21% |
| Aug 07, 2024 | Tom O'Malley | Barclays | $70.00 | $42.48 | 64.78% | -26.46% |
The latest Astera Labs stock forecast, released on Nov 05, 2024 by Mark Lipacis from Evercore ISI, set a price target of $110.00, which represents a 14.69% increase from the stock price at the time of the forecast ($95.91), and a 15.57% increase from ALAB last price ($95.18).
Astera Labs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 6 | 18 |
| Avg Price Target | $103.75 | $88.58 | $82.14 |
| Last Closing Price | $95.18 | $95.18 | $95.18 |
| Upside/Downside | 9.00% | -6.93% | -13.70% |
In the current month, the average price target of Astera Labs stock is $103.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 9.00% increase as opposed to Astera Labs's last price of $95.18. This month's average price target is up 17.13% compared to last quarter, and up 26.31% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 18, 2024 | Citigroup | - | Buy | Initialise |
| Nov 05, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Nov 05, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Oct 09, 2024 | Needham | Buy | Buy | Hold |
| Oct 09, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 03, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Aug 07, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 07, 2024 | Needham | Buy | Buy | Hold |
| Aug 07, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | Barclays | Overweight | Overweight | Hold |
Astera Labs's last stock rating was published by Citigroup on Nov 18, 2024. The company Initialise its ALAB rating from "null" to "Buy".
Astera Labs Financial Forecast
Astera Labs Revenue Forecast
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Astera Labs EBITDA Forecast
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Astera Labs Net Income Forecast
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Astera Labs SG&A Forecast
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Astera Labs EPS Forecast
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