Astera Labs Inc (NASDAQ:ALAB) Could Really Rise To 110 In 12 Months, According To Analysts.

In recent trading session, Astera Labs Inc (NASDAQ:ALAB) saw 1.63 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $86.07 trading at -$3.83 or -4.26% at last check today assigns it a market valuation of $13.96B. That most recent trading price of ALAB’s stock is at a discount of -71.24% from its 52-week high price of $147.39 and is indicating a premium of 57.92% from its 52-week low price of $36.22.

For Astera Labs Inc (ALAB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.36. 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.

Astera Labs Inc (NASDAQ:ALAB) trade information

Upright in the red during last session for losing -4.26%, in the last five days ALAB remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $86.07 price level, adding 9.0% to its value on the day. Astera Labs Inc’s shares saw a change of -35.02% in year-to-date performance and have moved -1.63% in past 5-day. Astera Labs Inc (NASDAQ:ALAB) showed a performance of -30.82% in past 30-days.

Wall Street analysts have assigned a consensus price target of 100 to the stock, which implies a rise of 13.93% to its recent value today. Analysts have been projecting 74 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 14.02% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.02% for stock’s current value.

On the other hand, Fidelity Select Portfolios – Semiconductors Portfolio and Fidelity Growth Company 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 $328.49 million or 2.35% of the total outstanding shares. The later fund manager was in possession of 3.33 shares on Dec 31, 2024, making its stake of worth around $286.96 million in the company or a holder of 2.06% of company’s stock.