Astera Labs (NASDAQ:ALAB) Updates Q1 2025 Earnings Guidance

Astera Labs (NASDAQ:ALAB) updated its first quarter 2025 earnings guidance on Monday. The company provided earnings per share guidance of 0.280-0.290 for the period, compared to the consensus earnings per share estimate of 0.250. The company issued revenue guidance of $151.0 million-$155.0 million, compared to the consensus revenue estimate of $133.9 million.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Astera Labs from $70.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Roth Mkm upped their target price on shares of Astera Labs from $80.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Northland Capmk upgraded shares of Astera Labs from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 28th. Stifel Nicolaus upped their price target on shares of Astera Labs from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $140.00 price target on shares of Astera Labs in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $115.33.

Astera Labs Trading Down 10.9 %

Astera Labs stock opened at $92.04 on Wednesday. The firm has a 50-day moving average of $122.39 and a 200-day moving average of $82.55. Astera Labs has a 1-year low of $36.22 and a 1-year high of $147.39.

Astera Labs (NASDAQ:ALAB) last released its quarterly earnings results on Monday, February 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Astera Labs had a negative return on equity of 15.57% and a negative net margin of 30.69%. On average, analysts expect that Astera Labs will post -0.45 earnings per share for the current year.

Insider Buying and Selling at Astera Labs

In other news, CEO Jitendra Mohan sold 173,366 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $110.12, for a total transaction of $19,091,063.92. Following the sale, the chief executive officer now owns 600,000 shares in the company, valued at $66,072,000. This represents a 22.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stefan A. Dyckerhoff sold 197,297 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $90.51, for a total transaction of $17,857,351.47. Following the sale, the director now owns 6,148 shares in the company, valued at approximately $556,455.48. The trade was a 96.98 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 846,452 shares of company stock valued at $86,427,256.

About Astera Labs

Astera Labs, Inc designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale.