Astera Labs (NASDAQ:ALAB) Stock Jumps 1.1% – Still a Buy?

Posted by Stanley Muller on Sep 25th, 2026

Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) shares shot up 1.1% during mid-day trading on Friday. The company traded as high as $377.87 and last traded at $364.62. Approximately 3,053,754 shares were traded during trading, a decline of 42% from the average session volume of 5,233,562 shares. The stock had previously closed at $360.51.

Analyst Ratings Changes

Several research firms have recently commented on ALAB. Jefferies Financial Group increased their price target on shares of Astera Labs from $270.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. TD Cowen cut their price objective on Astera Labs from $425.00 to $375.00 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Morgan Stanley upped their target price on Astera Labs to $335.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. UBS Group reissued a “neutral” rating and set a $425.00 price target on shares of Astera Labs in a research report on Wednesday, August 5th. Finally, Zacks Research raised Astera Labs from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $348.33.

Read Our Latest Research Report on Astera Labs

Astera Labs Trading Up 1.1%

The company’s 50 day simple moving average is $303.95 and its 200 day simple moving average is $273.19. The stock has a market capitalization of $63.26 billion, a PE ratio of 180.51 and a beta of 3.77.

Astera Labs (NASDAQ:ALAB – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.11. The business had revenue of $392.40 million for the quarter, compared to analysts’ expectations of $360.85 million. Astera Labs had a return on equity of 19.24% and a net margin of 30.74%.The business’s revenue was up 104.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. Astera Labs has set its Q3 2026 guidance at 1.160-1.210 EPS. As a group, analysts predict that Astera Labs, Inc. will post 2.7 EPS for the current year.

Insider Activity

In other Astera Labs news, General Counsel Philip Mazzara sold 6,801 shares of Astera Labs stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $340.50, for a total transaction of $2,315,740.50. Following the transaction, the general counsel directly owned 96,542 shares of the company’s stock, valued at $32,872,551. The trade was a 6.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Manuel Alba sold 183,000 shares of Astera Labs stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $280.13, for a total transaction of $51,263,790.00. Following the transaction, the director owned 253,863 shares in the company, valued at $71,114,642.19. The trade was a 41.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 591,558 shares of company stock valued at $209,458,976 in the last ninety days. 10.40% of the stock is owned by company insiders.

Institutional Trading of Astera Labs

Several large investors have recently bought and sold shares of the company. QRG Capital Management Inc. lifted its position in shares of Astera Labs by 8.7% during the second quarter. QRG Capital Management Inc. now owns 4,775 shares of the company’s stock worth $2,306,000 after purchasing an additional 381 shares in the last quarter. Silicon Valley Capital Partners raised its position in shares of Astera Labs by 99.0% in the 2nd quarter. Silicon Valley Capital Partners now owns 1,990 shares of the company’s stock valued at $961,000 after purchasing an additional 990 shares in the last quarter. Twin Peaks Capital Ltd acquired a new stake in Astera Labs in the second quarter valued at $4,830,000. Capstone Financial Advisors Inc. acquired a new position in Astera Labs during the 2nd quarter worth $274,000. Finally, Sequoia Financial Advisors LLC increased its position in shares of Astera Labs by 19.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,677 shares of the company’s stock worth $1,776,000 after purchasing an additional 588 shares during the last quarter. Institutional investors and hedge funds own 60.47% of the company’s stock.

Astera Labs Company Profile

(Get Free Report)

Astera Labs, Inc is a fabless semiconductor company that develops connectivity solutions for cloud and artificial intelligence infrastructure. Its products are designed to help data-center operators, system manufacturers and other customers connect, expand and manage the high-speed components used in servers, storage systems and networking platforms.

The company’s portfolio includes PCI Express (PCIe) retimers and fabric switches, Compute Express Link (CXL) memory connectivity products, and Ethernet connectivity solutions.