Astera Labs Inc [NASDAQ: ALAB] price plunged by -8.14 percent to reach at -$6.89.
The one-year ALAB stock forecast points to a potential upside of 38.37. The average equity rating for ALAB stock is currently 1.36, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Astera Labs Inc [ALAB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALAB shares is $126.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALAB stock is a recommendation set at 1.36. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Astera Labs Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 28, 2025. The new note on the price target was released on January 21, 2025, representing the official price target for Astera Labs Inc stock. Previously, the target price had yet another raise to $120, while Northland Capital analysts kept a Market Perform rating on ALAB stock.
The Average True Range (ATR) for Astera Labs Inc is set at 8.15, with the Price to Sales ratio for ALAB stock in the period of the last 12 months amounting to 31.81. The Price to Book ratio for the last quarter was 13.05, with the Price to Cash per share for the same quarter was set at 5.64. Price to Free Cash Flow for ALAB in the course of the last twelve months was 123.07 with Quick ratio for the last quarter at 11.21.
ALAB Stock Performance Analysis:
Astera Labs Inc [ALAB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.65. With this latest performance, ALAB shares dropped by -32.72% in over the last four-week period, additionally plugging by 95.40% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALAB stock in for the last two-week period is set at 31.00, with the RSI for the last a single of trading hit 25.71, and the three-weeks RSI is set at 35.18 for Astera Labs Inc [ALAB]. The present Moving Average for the last 50 days of trading for this stock 114.99, while it was recorded at 85.28 for the last single week of trading, and 76.47 for the last 200 days.
Insight into Astera Labs Inc Fundamentals:
Astera Labs Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.21 and a Current Ratio set at 11.71.
ALAB Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALAB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Astera Labs Inc go to 43.47%.