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Astera Labs (ALAB) Stock Forecast & Price Target

Astera Labs logo
$99.52 -5.96 (-5.65%)
(As of 01:27 PM ET)

Astera Labs - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
12

Based on 12 Wall Street analysts who have issued ratings for Astera Labs in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 12 have given a buy rating for ALAB.

Consensus Price Target

$94.67
-4.88% Downside
According to the 12 analysts' twelve-month price targets for Astera Labs, the average price target is $94.67. The highest price target for ALAB is $120.00, while the lowest price target for ALAB is $65.00. The average price target represents a forecasted downside of -4.88% from the current price of $99.52.
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ALAB Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
12 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
N/A
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$94.67$73.09$71.36N/A
Forecasted Upside-4.88% Downside0.30% Upside48.00% UpsideN/A
Consensus Rating
Buy
Buy
Moderate Buy
N/A

ALAB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALAB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Astera Labs Stock vs. The Competition

TypeAstera LabsComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.00
2.68
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside-4.69% Downside280.38% Upside6.57% Upside
News Sentiment Rating
Positive News

See Recent ALAB News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024Citigroup
3 of 5 stars
A. Malik
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Initiated CoverageBuy$120.00+38.81%
11/5/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$74.00 ➝ $94.00-1.44%
11/5/2024Roth Mkm
1 of 5 stars
 Boost TargetBuy ➝ Buy$80.00 ➝ $105.00+10.10%
11/5/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$70.00 ➝ $110.00+20.13%
11/5/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$80.00 ➝ $100.00+9.21%
11/5/2024Barclays
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 Boost TargetOverweight ➝ Overweight$70.00 ➝ $87.00-2.63%
11/5/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$75.00 ➝ $105.00+17.52%
11/5/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$60.00 ➝ $100.00+11.92%
10/9/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$65.00 ➝ $65.00+22.73%
8/7/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$98.00 ➝ $80.00+88.32%
4/15/2024Jefferies Financial Group
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 Initiated CoverageBuy$85.00+16.87%
3/25/2024Northland Securities
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 Initiated CoverageOutperform$85.00+21.43%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:34 PM ET.


ALAB Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Astera Labs is $94.67, with a high forecast of $120.00 and a low forecast of $65.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Astera Labs in the last twelve months. There are currently 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALAB shares.

According to analysts, Astera Labs's stock has a predicted downside of -4.88% based on their 12-month stock forecasts.

Over the previous 90 days, Astera Labs's stock had 1 upgrade by analysts.

Astera Labs has been rated by research analysts at Barclays, Citigroup, Craig Hallum, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Roth Mkm, and Stifel Nicolaus in the past 90 days.

Analysts like Astera Labs more than other "computer and technology" companies. The consensus rating for Astera Labs is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how ALAB compares to other companies.


This page (NASDAQ:ALAB) was last updated on 11/27/2024 by MarketBeat.com Staff
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