In the last trading session, 4.37 million Astera Labs Inc (NASDAQ:ALAB) shares changed hands as the company’s beta touched 1.47. With the company’s per share price at $94.46 changed hands at $4.17 or 4.62% during last session, the market valuation stood at $15.58B. ALAB’s last price was a discount, traded about -56.03% 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 61.66% up since then.

Analysts gave the Astera Labs Inc (ALAB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.31. 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 was in green as seen at the end of in last trading. With action 7.63%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -28.68%, with the 5-day performance at 7.63% in the green. However, in the 30-day time frame, Astera Labs Inc (NASDAQ:ALAB) is 73.58% up.

The consensus price target for the stock as assigned by Wall Street analysts is 80, meaning bulls need a downside of -18.07% from its current 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 -5.86% plunge from its current level, while the stock would need to tank 20.6% for it to hit the projected low.

The 2025 estimates are for Astera Labs Inc earnings to increase by 60.00%, but the outlook for the next 5-year period is at 42.59% per year.

ALAB Dividends

Astera Labs Inc is expected to release its next quarterly earnings report in June.

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.