At the time of writing, Astera Labs Inc [ALAB] stock is trading at $98.12, down -3.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALAB shares have gain 17.99% over the last week, with a monthly amount drifted -25.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Astera Labs Inc [NASDAQ: ALAB] stock has seen the most recent analyst activity on January 28, 2025, when Northland Capital upgraded its rating to a Outperform but kept the price target unchanged to $120 for it. Previously, Morgan Stanley downgraded its rating to Equal-Weight on January 21, 2025, and kept the price target unchanged to $142. On January 02, 2025, downgrade downgraded it’s rating to Market Perform but maintained its price target of $120 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $120 on November 18, 2024. Morgan Stanley upgraded its rating to a Overweight but $55 remained the price target by the analyst firm on September 04, 2024. Evercore ISI started tracking with a Outperform rating for this stock on April 16, 2024, and assigned it a price target of $100. In a note dated April 15, 2024, Stifel initiated an Buy rating and provided a target price of $81 on this stock.
For the past year, the stock price of Astera Labs Inc fluctuated between $36.22 and $147.39. Currently, Wall Street analysts expect the stock to reach $89.14 within the next 12 months. Astera Labs Inc [NASDAQ: ALAB] shares were valued at $98.12 at the most recent close of the market. An investor can expect a potential drop of -9.15% based on the average ALAB price forecast.
Analyzing the ALAB fundamentals
According to Astera Labs Inc [NASDAQ:ALAB], the company’s sales were 305.71M for trailing twelve months, which represents an 206.23% jump. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.35%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.14 and Total Capital is -0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 89.79 points at the first support level, and at 81.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.70, and for the 2nd resistance point, it is at 109.28.
Ratios To Look Out For
It is important to note that Astera Labs Inc [NASDAQ:ALAB] has a current ratio of 10.74. On the other hand, the Quick Ratio is 10.46, and the Cash Ratio is 1.43. Considering the valuation of this stock, the price to sales ratio is 50.91, the price to book ratio is 17.49.
Transactions by insiders
Recent insider trading involved Tate Michael Truett, Chief Financial Officer, that happened on Dec 04 ’24 when 16000.0 shares were sold. Director, ALBA MANUEL completed a deal on Dec 04 ’24 to sell 11000.0 shares. Meanwhile, Director ALBA MANUEL sold 63000.0 shares on Dec 03 ’24.
