Craig-Hallum analyst Richard Shannon maintained a Buy rating on Astera Labs, Inc. today. The company’s shares closed yesterday at $220.81.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Shannon is a top 100 analyst with an average return of 52.2% and a 56.42% success rate. Shannon covers the Technology sector, focusing on stocks such as Tower, Aeluma, Inc., and Credo Technology Group Holding Ltd.
Astera Labs, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $187.13.
ALAB market cap is currently $36.7B and has a P/E ratio of 387.18.
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALAB in relation to earlier this year. Most recently, in August 2025, Michael Truett Tate, the CFO of ALAB sold 18,861.00 shares for a total of $3,461,058.32.
Read More on ALAB:
Disclaimer & DisclosureReport an Issue
- AI Daily: Nvidia seen firming position as de facto AI infrastructure company
- Apple downgraded, Alibaba upgraded: Wall Street’s top analyst calls
- Astera Labs initiated with a Neutral at BofA
- Astera Labs, Inc.: Balancing Opportunities and Risks in the AI Connectivity Semiconductor Market
- Astera Labs initiated with a Hold at TD Cowen