In last trading session, Astera Labs Inc (NASDAQ:ALAB) saw 3.85 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $88.43 trading at -$1.47 or -1.64% at ring of the bell on the day assigns it a market valuation of $14.34B. That closing price of ALAB’s stock is at a discount of -66.67% from its 52-week high price of $147.39 and is indicating a premium of 59.04% 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. The company is expected to be making an EPS of 0.28 in the current quarter.
Astera Labs Inc (NASDAQ:ALAB) trade information
Upright in the red during last session for losing -1.64%, in the last five days ALAB remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $88.43 price level, adding 6.5% to its value on the day. Astera Labs Inc’s shares saw a change of -33.24% in year-to-date performance and have moved 1.06% in past 5-day. Astera Labs Inc (NASDAQ:ALAB) showed a performance of -28.92% in past 30-days.
Wall Street analysts have assigned a consensus price target of 100 to the stock, which implies a rise of 11.57% to its current value. 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 16.32% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.32% for stock’s current value.
Astera Labs Inc (ALAB) estimates and forecasts
This year revenue growth is estimated to rise 70.42% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 151.4M for the same. And 9 analysts are in estimates of company making revenue of 159.36M in the next quarter. Company posted 65.26M and 76.85M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 50.02% while estimates for its earnings growth in next 5 years are of 43.47%.
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 $337.36 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 $294.71 million in the company or a holder of 2.06% of company’s stock.
