In today’s recent session, 0.89 million shares of the Astera Labs Inc (NASDAQ:ALAB) have been traded, and its beta is 1.39. Most recently the company’s share price was $94.10, and it changed around -$1.2 or -1.26% from the last close, which brings the market valuation of the company to $15.52B. ALAB at last check was trading at a discount to its 52-week high of $147.39, offering almost -56.63% off that amount. The share price’s 52-week low was $36.22, which indicates that the recent value has risen by an impressive 61.51% since then.
Astera Labs Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 1 recommended ALAB as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight.
Astera Labs Inc (NASDAQ:ALAB) trade information
Instantly ALAB has been showing red trend so far today with a performance of -1.26% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 98.10 on recent trading dayincreased the stock’s daily price by 4.08%. The company’s shares are currently down -28.96% year-to-date, but still up 2.88% over the last five days. On the other hand, Astera Labs Inc (NASDAQ:ALAB) is 3.90% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $80, which translates to bulls needing to decrease their stock price by -17.62% from its current value. Analyst projections state that ALAB is forecast to be at a low of $75 and a high of $100.
Astera Labs Inc earnings are expected to increase by 60.69% in 2025, but the outlook is positive 41.69% per year for the next five years.
ALAB Dividends
Astera Labs Inc’s next quarterly earnings report is expected to be released in July.
INTEL CORP, with 3.8036% or 5.9 million shares worth $357.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
