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Astera Labs, Inc. (ALAB)
NASDAQ:ALAB
Astera Labs, Inc. (ALAB) Stock Price & Analysis
420 Followers
ALAB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.61 - $95.21
Previous Close$64.54
Volume1.52M
Average Volume (3M)2.91M
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)$149.31M
Total Debt (Recent Filing)$2.16M
Price to Earnings (P/E)―
Beta4.26
Next Earnings
May 07, 2024EPS Estimate
$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.65
Shares Outstanding155,701,301
10 Day Avg. Volume1,585,231
30 Day Avg. Volume2,908,971
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-104.29
Price to Sales (P/S)86.78
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit0.00
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$85.89Price Target Upside33.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Astera Labs, Inc. News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAstera Labs posted a significant beat and raise in its first quarter as a public company, demonstrating robust financial health with better revenue, gross margins, and earnings per share.
Market Position And Growth PotentialWith significant average selling price uplift expected from next-generation retimer solutions and new design wins, Astera Labs is positioned for continued market dominance and strong revenue growth in the expanding GPU/acceleration market.
Product Line ExpansionAstera Labs announced its Aries SCM-based PCIe AEC solution for GPU clustering that expands the Aries TAM, with initial revenue expected soon, signaling the company's commitment to innovation and market expansion.
Bears Say
Competitive VulnerabilityNear 100% market share in PCI Gen 5 retimers could leave Astera vulnerable to competitive losses in the future.
Market Share RiskAstera's near 100% market share in PCI Gen 5 retimers could be at risk from competitive threats in the future.
ValuationAstera's valuation is considered rich, which suggests a higher risk for investors due to the elevated expectations already priced into the stock.
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Ownership Overview
31.96% Insiders
3.36% Mutual Funds
12.43% Other Institutional Investors
52.25% Public Companies and Individual Investors
ALAB FAQ
What was Astera Labs, Inc.’s price range in the past 12 months?
Astera Labs, Inc. lowest stock price was $50.61 and its highest was $95.21 in the past 12 months.
What is Astera Labs, Inc.’s market cap?
Currently, no data Available
When is Astera Labs, Inc.’s upcoming earnings report date?
Astera Labs, Inc.’s upcoming earnings report date is May 07, 2024 which is 25 days ago.
How were Astera Labs, Inc.’s earnings last quarter?
Currently, no data Available
Is Astera Labs, Inc. overvalued?
According to Wall Street analysts Astera Labs, Inc.’s price is currently Undervalued.
Does Astera Labs, Inc. pay dividends?
Astera Labs, Inc. does not currently pay dividends.
What is Astera Labs, Inc.’s EPS estimate?
Astera Labs, Inc.’s EPS estimate is $0.04.
How many shares outstanding does Astera Labs, Inc. have?
Astera Labs, Inc. has 155,473,000 shares outstanding.
What happened to Astera Labs, Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Astera Labs, Inc.?
Among the largest hedge funds holding Astera Labs, Inc.’s share is Atreides Management, LP. It holds Astera Labs, Inc.’s shares valued at 198M.
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Astera Labs, Inc. Stock Smart Score
Not Ranked
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$85.89 (33.08% Upside)
$85.89 (33.08% Upside)
Blogger Sentiment
Bullish
ALAB Sentiment 75%
Sector Average 73%
Sector Average 73%
Insider Transactions
Bought Shares
Worth $817.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 22.9%
Last 30 Days ▲ 22.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Company Description
Astera Labs, Inc.
Astera Labs, Inc.,Our PCIe, CXL and Ethernet semiconductor-based connectivity solutions are purpose-built to unleash the full potential of cloud and AI infrastructure. Inspired by trusted partnerships with hyperscalers and the data center ecosystem, we are an innovation leader of products that are customizable, interoperable, and reliable.
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ALAB Earnings Call
Q1 2024
0:00 / 0:00
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ALAB Stock 12 Month Forecast
Average Price Target
$85.89
▲(33.08% Upside)
Technical Analysis
Best Analysts Covering ALAB
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-6.85%
assigned a buy rating yesterday
Copying Richard Shannon's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -6.85% per trade.
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