In the latest trading session,, 0.71 million Astera Labs Inc (NASDAQ:ALAB) shares changed hands as the company’s beta touched 1.24. With the company’s most recent per share price at $92.49 changing hands around $1.47 or 1.62% at last look, the market valuation stands at $15.25B. ALAB’s current price is a discount, trading about -59.36% off its 52-week high of $147.39. The share price had its 52-week low at $36.22, which suggests the last value was 60.84% up since then. When we look at Astera Labs Inc’s average trading volume, we note the 10-day average is 6.01 million shares, with the 3-month average coming to 4.36 million.
Analysts gave the Astera Labs Inc (ALAB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.29. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ALAB as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Astera Labs Inc (NASDAQ:ALAB) trade information
Instantly ALAB is in green as seen in intraday trades today. With action 7.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 66.35%, with the 5-day performance at 7.61% in the green. However, in the 30-day time frame, Astera Labs Inc (NASDAQ:ALAB) is -4.26% down. Looking at the short shares, we see there were 10.98 million shares sold at short interest cover period of 2.6 days.
The consensus price target for the stock as assigned by Wall Street analysts is 80, meaning bulls need a downside of -15.61% from its recent market value. According to analyst projections, ALAB’s forecast low is 75 with 100 as the target high. To hit the forecast high, the stock’s price needs a -8.12% plunge from its current level, while the stock would need to tank 18.91% for it to hit the projected low.
The 2025 estimates are for Astera Labs Inc earnings to increase by 60.69%, but the outlook for the next 5-year period is at 41.69% per year.
ALAB Dividends
Astera Labs Inc is expected to release its next quarterly earnings report on 2025-May-06.
Astera Labs Inc (NASDAQ:ALAB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.51% of Astera Labs Inc shares while 71.08% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 82.17%. There are 71.08% institutions holding the Astera Labs Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 15.0454% of the shares, roughly 23.35 million ALAB shares worth $1.41 billion.
INTEL CORP holds the second largest percentage of outstanding shares, with 3.8036% or 5.9 million shares worth $357.21 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Select Portfolios-Semiconductors Portfolio . With 3.84 shares estimated at $354.2 million under it, the former controlled 2.33% of total outstanding shares. On the other hand, Fidelity Select Portfolios-Semiconductors Portfolio held about 2.10% of the shares, roughly 3.46 shares worth around $318.55 million.
