Astera Labs: Connectivity Platform In AI World; Initiate With 'Buy' [Seeking Alpha]
Astera Labs, Inc. (ALAB)
Company Research
Source: Seeking Alpha
Summary Initiating a 'Buy' rating for Astera Labs with a one-year target price of $110 per share due to strong growth momentum and innovative connectivity solutions. Astera Labs's COSMOS software suite and high-speed connectivity products are crucial for data center market growth, particularly in AI and cloud computing environments. Recent financial results show 206% year-on-year revenue growth, with significant future growth expected from new product launches like Scorpio X-Series and Taurus SCM. Key risks include reliance on TSMC for manufacturing, competition from larger companies, and geopolitical tensions impacting business expansion in China. Erik Isakson Astera Labs ( NASDAQ: ALAB ) offers high-speed, mixed-signal connectivity products to address connectivity challenges in high-performance computing. The company's unique COSMOS software suite is fully integrated with their connectivity products. Astera Labs has achieved strong growth momentum in their core connecti
Show less
Read more
Impact Snapshot
Event Time:
ALAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALAB alerts
High impacting Astera Labs, Inc. news events
Weekly update
A roundup of the hottest topics
ALAB
News
- Astera Labs, Inc. (NASDAQ: ALAB) had its price target raised by analysts at Morgan Stanley from $94.00 to $142.00. They now have an "overweight" rating on the stock.MarketBeat
- Morgan Stanley Ups Targets for Broadcom, Astera Labs, and Marvell Amid AI Growth Surge [Yahoo! Finance]Yahoo! Finance
- Are Astera Labs, Inc. (NASDAQ:ALAB) Investors Paying Above The Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows [Yahoo! Finance]Yahoo! Finance
ALAB
Earnings
- 11/4/24 - Beat
ALAB
Sec Filings
- 12/20/24 - Form 8-K
- 12/13/24 - Form 4
- 12/6/24 - Form 4
- ALAB's page on the SEC website