Astera Labs, Inc. (NASDAQ:ALAB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Astera Labs, Inc. (NASDAQ:ALAB) have been given a consensus rating of “Moderate Buy” by the twenty-one research firms that are currently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $192.8889.

Several research firms have weighed in on ALAB. TD Cowen reissued a “hold” rating on shares of Astera Labs in a research note on Wednesday, November 5th. Morgan Stanley reiterated an “overweight” rating and issued a $210.00 price objective on shares of Astera Labs in a report on Wednesday, December 3rd. BNP Paribas Exane initiated coverage on Astera Labs in a research note on Thursday, November 20th. They issued an “outperform” rating for the company. Northland Securities raised their price target on Astera Labs from $175.00 to $195.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 9th. Finally, Stifel Nicolaus lifted their price target on Astera Labs from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th.

Astera Labs Price Performance

Shares of ALAB opened at $129.58 on Thursday. Astera Labs has a 1 year low of $47.13 and a 1 year high of $262.90. The stock has a 50 day simple moving average of $161.60 and a two-hundred day simple moving average of $174.41. The firm has a market cap of $21.89 billion, a P/E ratio of 106.21, a P/E/G ratio of 2.43 and a beta of 1.50.

Astera Labs (NASDAQ:ALAB) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.51 by $0.07. Astera Labs had a net margin of 25.70% and a return on equity of 16.87%. The firm had revenue of $270.58 million for the quarter, compared to the consensus estimate of $249.46 million. During the same period last year, the firm posted $0.37 earnings per share. The business’s revenue was up 91.8% compared to the same quarter last year. Astera Labs has set its Q1 2026 guidance at 0.530-0.540 EPS. On average, equities analysts anticipate that Astera Labs will post 0.34 earnings per share for the current year.

Insider Activity at Astera Labs

In related news, Director Manuel Alba sold 150,000 shares of Astera Labs stock in a transaction on Monday, December 1st. The shares were sold at an average price of $166.18, for a total value of $24,927,000.00. Following the transaction, the director directly owned 1,574,498 shares of the company’s stock, valued at $261,650,077.64. The trade was a 8.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 12.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Astera Labs

A number of hedge funds have recently modified their holdings of ALAB. Sumitomo Mitsui Trust Group Inc. raised its position in Astera Labs by 21.6% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,781 shares of the company’s stock valued at $1,336,000 after purchasing an additional 2,624 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Astera Labs by 94.6% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 109,576 shares of the company’s stock valued at $9,908,000 after buying an additional 53,276 shares during the period. Harbour Investments Inc. raised its holdings in shares of Astera Labs by 207.7% during the second quarter. Harbour Investments Inc. now owns 2,446 shares of the company’s stock valued at $221,000 after acquiring an additional 1,651 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Astera Labs by 34.5% in the second quarter. Bank of New York Mellon Corp now owns 522,093 shares of the company’s stock worth $47,208,000 after acquiring an additional 133,961 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in Astera Labs in the second quarter worth $543,000. Hedge funds and other institutional investors own 60.47% of the company’s stock.

Astera Labs Company Profile

Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. The firm focuses on addressing signal integrity and link management challenges that arise as server architectures incorporate higher-bandwidth processors and accelerators. Its technology is aimed at improving reliability and performance for high-speed interconnects used in servers, storage systems and compute accelerators.

The company’s product portfolio centers on silicon devices and accompanying firmware and software that enhance and manage high-speed links.