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One platform for global traditional assets
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Astera Labs, Inc. (NASDAQ:ALAB) Receives Average Rating of "Moderate Buy" from Brokerages
Astera Labs (NASDAQ:ALAB) has received an average rating of “Moderate Buy” from twenty-four brokerages, with an average one-year price target of $199.20. Despite recent insider selling totaling over $150 million, the company reported strong Q4 earnings, beating analyst expectations with $0.58 EPS and $270.6 million in revenue, a 91.8% year-over-year increase. The stock currently trades with a market cap of $34.47 billion and a P/E ratio of 165.