Astera Labs Inc [ALAB] stock is trading at $68.82, up 4.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALAB shares have gain 0.36% over the last week, with a monthly amount drifted -33.37%, 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.
Astera Labs Inc [ALAB] stock has fluctuated between $36.22 and $147.39 over the past year. Currently, Wall Street analysts expect the stock to reach $97.8 within the next 12 months. Astera Labs Inc [NASDAQ: ALAB] shares were valued at $68.82 at the most recent close of the market. An investor can expect a potential return of 42.11% based on the average ALAB price forecast.
Analyzing the ALAB fundamentals
Astera Labs Inc [NASDAQ:ALAB] reported sales of 396.29M for the trailing twelve months, which represents a growth of 179.32%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.1 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 67.18 points at the first support level, and at 65.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.95, and for the 2nd resistance point, it is at 73.09.
Ratios To Look Out For
For context, Astera Labs Inc’s Current Ratio is 11.71. In addition, the Quick Ratio stands at 11.21 and the Cash Ratio stands at 0.92. Considering the valuation of this stock, the price to sales ratio is 28.16, the price to book ratio is 11.56.
Transactions by insiders
Recent insider trading involved Mohan Jitendra, Chief Executive Officer, that happened on Mar 03 ’25 when 75000.0 shares were sold. CEO, Director, Jitendra Mohan completed a deal on Mar 03 ’25 to buy 0.16 million shares. Meanwhile, Chief Financial Officer Tate Michael Truett sold 0.13 million shares on Feb 26 ’25.
