In recent trading session, Astera Labs Inc (NASDAQ:ALAB) saw 1.72 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $103.92 trading at $7.05 or 7.28% at last check today assigns it a market valuation of $16.48B. That most recent trading price of ALAB’s stock is at a discount of -41.83% from its 52-week high price of $147.39 and is indicating a premium of 65.15% from its 52-week low price of $36.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.26 million shares which gives us an average trading volume of 5.35 million if we extend that period to 3-months.
For Astera Labs Inc (ALAB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.43. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.26 in the current quarter.
Astera Labs Inc (NASDAQ:ALAB) trade information
Upright in the green today for gaining 7.28%, in the last five days ALAB remained trading in the red while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $103.92 price level, subtracting -0.76% to its value on the day. Astera Labs Inc’s shares saw a change of -21.54% in year-to-date performance and have moved -10.06% in past 5-day. Astera Labs Inc (NASDAQ:ALAB) showed a performance of -23.82% in past 30-days. Number of shares sold short was 8.05 million shares which calculate 1.94 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 100 to the stock, which implies a fall of -3.92% to its recent value today. Analysts have been projecting 65 as a low price target for the stock while placing it at a high target of 110. It follows that stock’s current price would jump 37.45% in reaching the projected high whereas dropping to the targeted low would mean a gain of 37.45% for stock’s current value.
Astera Labs Inc (ALAB) estimates and forecasts
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 127.91M for the same. And 9 analysts are in estimates of company making revenue of 133.96M in the next quarter.
Astera Labs Inc (NASDAQ:ALAB)’s Major holders
Insiders are in possession of 16.72% of company’s total shares while institution are holding 59.52 percent of that, with stock having share float percentage of 71.46%. Investors also watch the number of corporate investors in a company very closely, which is 59.52% institutions for Astera Labs Inc that are currently holding shares of the company.
On the other hand, Fidelity Select Portfolios – Semiconductors Portfolio and Fidelity Blue Chip Growth Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024, the former fund manager was holding 3.82 shares of worth $396.34 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 3.26 shares on Nov 30, 2024, making its stake of worth around $338.37 million in the company or a holder of 2.05% of company’s stock.
