Astera Labs Announces Financial Results for the Third Quarter of Fiscal Year 2024
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Astera Labs (ALAB) PT Raised to $110 at Evercore ISI, 'Remain Buyers of Multi-Pronged Growth Story'
November 5, 2024 10:18 AM ESTEvercore ISI analyst Mark Lipacis raised the price target on Astera Labs (NASDAQ: ALAB) to $110.00 (from $80.00) while maintaining a Outperform rating.
The analyst comments "Were Buyers Post Sep-24Q EPS Beat/Raise. ALAB printed another impressive beat and raise with 4Q24 Revenue... More
Astera Labs (ALAB) PT Raised to $105 at Roth/MKM
November 5, 2024 5:54 AM ESTRoth/MKM analyst Suji Desilva raised the price target on Astera Labs (NASDAQ: ALAB) to $105.00 (from $80.00) while maintaining a Buy rating.
The analyst comments "ALAB reported very strong revenue and EPS upside to consensus reflecting strong AI infrastructure product ramp coupled with very strong... More
Astera Labs (ALAB) PT Raised to $100 at Stifel
November 5, 2024 5:46 AM ESTStifel analyst Tore Svanberg raised the price target on Astera Labs (NASDAQ: ALAB) to $100.00 (from $80.00) while maintaining a Buy rating.
The analyst comments "Strong 3Q24 beat (revs +16.0% vs. our est., +47.2% q/q) and strong 4Q24E raise (+17.2% vs. our est., +13.2% q/q). Diversifying... More
Astera Labs, Inc. (ALAB) Reports Q3 EPS of $0.23; beats on guidance
November 4, 2024 4:10 PM EST(Updated - November 4, 2024 4:18 PM EST)
Astera Labs, Inc. (NASDAQ: ALAB) reported Q3 EPS of $0.23. Revenue for the quarter came in at $113.1 million.
Sees fourth-quarter non-GAAP EPS between $0.26-0.30, versus the consensus of $0.18. Revenue is seen in the range of $126 million and $130 million,... More
