Top-Rated StocksTop-RatedNASDAQ:ALAB Astera Labs (ALAB) Stock Price, News & Analysis $40.66 +1.50 (+3.83%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$38.01▼$40.7250-Day Range$36.37▼$67.1652-Week Range$36.22▼$95.21Volume2.22 million shsAverage Volume2.29 million shsMarket Capitalization$6.33 billionP/E RatioN/ADividend YieldN/APrice Target$71.36 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Astera Labs alerts: Email Address Astera Labs MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.91 Rating ScoreUpside/Downside75.5% Upside$71.36 Price TargetShort InterestBearish9.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 13 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.56) to ($0.05) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.10 out of 5 starsComputer And Technology Sector295th out of 594 stocksSemiconductors & Related Devices Industry43rd out of 85 stocks 4.5 Analyst's Opinion Consensus RatingAstera Labs has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAstera Labs has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Astera Labs' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.87% of the float of Astera Labs has been sold short.Short Interest Ratio / Days to CoverAstera Labs has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Astera Labs has recently increased by 20.44%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAstera Labs does not currently pay a dividend.Dividend GrowthAstera Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALAB. Previous Next 3.7 News and Social Media Coverage News SentimentAstera Labs has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Astera Labs this week, compared to 5 articles on an average week.Search Interest52 people have searched for ALAB on MarketBeat in the last 30 days. This is an increase of 68% compared to the previous 30 days.MarketBeat Follows42 people have added Astera Labs to their MarketBeat watchlist in the last 30 days. This is an increase of 62% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Astera Labs insiders have not sold or bought any company stock.Read more about Astera Labs' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Astera Labs are expected to grow in the coming year, from ($0.56) to ($0.05) per share.Read more about Astera Labs' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsWanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About Astera Labs Stock (NASDAQ:ALAB)Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.Read More ALAB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALAB Stock News HeadlinesAugust 21 at 2:01 AM | americanbankingnews.comAnalysts Set Astera Labs, Inc. (NASDAQ:ALAB) Target Price at $71.36August 18, 2024 | americanbankingnews.comAstera Labs (NASDAQ:ALAB) Shares Down 5.4% August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 17, 2024 | americanbankingnews.comAstera Labs, Inc. (NASDAQ:ALAB) Short Interest Up 20.4% in JulyAugust 17, 2024 | americanbankingnews.comAstera Labs (NASDAQ:ALAB) Stock Price Up 10.6%August 16, 2024 | nasdaq.comAstera Labs, Inc. Common Stock (ALAB) Institutional HoldingsAugust 14, 2024 | 247wallst.comPrediction: This Semiconductor Stock Will Be the Best Performer the Rest of 2024August 8, 2024 | seekingalpha.comAstera Labs: AI Supplier Sees Divergent PerformanceAugust 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Astera Labs, Inc. (ALAB) and Bowhead Specialty Holdings Inc. (BOW)August 7, 2024 | seekingalpha.comAstera Labs, Inc. (ALAB) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | benzinga.comDemystifying Astera Labs: Insights From 9 Analyst ReviewsAugust 6, 2024 | investorplace.comALAB Stock Earnings: Astera Labs Beats EPS, Beats Revenue for Q2 2024August 6, 2024 | msn.comAstera Labs, Inc. Non-GAAP EPS of $0.13 beats by $0.02, revenue of $76.9M beats by $4.37MAugust 6, 2024 | businesswire.comAstera Labs Announces Financial Results for the Second Quarter of Fiscal Year 2024August 6, 2024 | markets.businessinsider.comHere's what to expect from Astera Labs's earningsAugust 5, 2024 | ca.finance.yahoo.comALAB Jul 2025 45.000 callAugust 5, 2024 | ca.finance.yahoo.comALAB Jul 2025 70.000 putSee More Headlines Receive ALAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Astera Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today8/22/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:ALAB Previous SymbolNASDAQ:ALAB CUSIPN/A CIK1736297 Webwww.asteralabs.com Phone408-242-7319FaxN/AEmployees225Year FoundedN/APrice Target and Rating Average Stock Price Target$71.36 High Stock Price Target$85.00 Low Stock Price Target$55.00 Potential Upside/Downside+75.5%Consensus RatingModerate Buy Rating Score (0-4)2.91 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio18.74 Quick Ratio18.09 Sales & Book Value Annual Sales$229.55 million Price / Sales27.58 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares155,701,000Free FloatN/AMarket Cap$6.33 billion OptionableOptionable BetaN/A 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Jitendra Mohan (Age 50)Co-Founder, CEO & Executive Director Comp: $492.13kMr. Philip Mazzara (Age 45)General Counsel & Secretary Comp: $491.59kMr. Sanjay Gajendra (Age 49)Co-Founder, President, COO & Director Mr. Casey MorrisonCo-Founder & Chief Product OfficerMr. Michael T. Tate CPA (Age 58)Chief Financial Officer Mr. Nicholas H. AberleVP, Treasurer & Head of Investor RelationsMr. Kelvin KhooSenior Vice President of Corporate DevelopmentMr. Patrick HendersonSenior Vice President of SalesMs. Paroma SenVice president of Corporate MarketingMr. Kush SaxenaChief Human Resources OfficerMore ExecutivesKey CompetitorsNokia OyjNYSE:NOKUnited MicroelectronicsNYSE:UMCASE TechnologyNYSE:ASXHubbellNYSE:HUBBFlexNASDAQ:FLEXView All CompetitorsInsiders & InstitutionsTruist Financial CorpBought 5,834 shares on 8/21/2024Ownership: 0.004%Susquehanna International Group LLPSold 14,900 shares on 8/16/2024Ownership: 0.000%Millennium Management LLCBought 160,417 shares on 8/15/2024Ownership: 0.179%Sculptor Capital LPBought 22,600 shares on 8/15/2024Ownership: 0.000%The Manufacturers Life Insurance Company Bought 5,643 shares on 8/15/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions ALAB Stock Analysis - Frequently Asked Questions How have ALAB shares performed this year? Astera Labs' stock was trading at $64.15 at the beginning of 2024. Since then, ALAB shares have decreased by 36.6% and is now trading at $40.66. View the best growth stocks for 2024 here. How were Astera Labs' earnings last quarter? Astera Labs, Inc. (NASDAQ:ALAB) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. The business's revenue was up 17.8% compared to the same quarter last year. When did Astera Labs IPO? Astera Labs (ALAB) raised $713 million in an initial public offering (IPO) on Wednesday, March 20th 2024. The company issued 19,800,000 shares at a price of $36.00 per share. When does Astera Labs' lock-up period expire? Astera Labs' lock-up period expires on Monday, September 16th. Astera Labs had issued 19,800,000 shares in its initial public offering on March 20th. The total size of the offering was $712,800,000 based on an initial share price of $36.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period. Who are Astera Labs' major shareholders? Astera Labs' top institutional shareholders include Millennium Management LLC (0.18%), Allspring Global Investments Holdings LLC (0.13%), Fred Alger Management LLC (0.12%) and Susquehanna International Group LLP. Insiders that own company stock include Philip Mazzara and Jack R Lazar. View institutional ownership trends. How do I buy shares of Astera Labs? Shares of ALAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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