Astera Labs, Inc. (ALAB) Reports Q3 EPS of $0.23; beats on guidance

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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 EST

Evercore 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 EST

Roth/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 EST

Stifel 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