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Astera Labs price target raised to $160 from $120 at Northland
Astera Labs price target raised to $160 from $120 at Northland

Yahoo

time3 days ago

  • Business
  • Yahoo

Astera Labs price target raised to $160 from $120 at Northland

Northland raised the firm's price target on Astera Labs (ALAB) to $160 from $120 and keeps a Market Perform rating on the shares. The ramp of the Scorpio P PCIe switch for scale-out in AI racks drove revenue upside and the firm expects continued momentum driven by new products, diversification of AI platforms, and increasing content, but maintains its rating due to valuation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on ALAB: Disclaimer & DisclosureReport an Issue Why Is Astera Labs Stock (ALAB) Gaining Traction Today? Astera Labs price target raised to $160 from $105 at Deutsche Bank Astera Labs Reports Strong Q2 2025 Financial Results Closing Bell Movers: Snap down 17%, Super Micro down 16% on earnings Astera Labs reports Q2 EPS 44c, consensus 32c

Astera Labs price target raised to $125 from $105 at Craig-Hallum
Astera Labs price target raised to $125 from $105 at Craig-Hallum

Yahoo

time14-02-2025

  • Business
  • Yahoo

Astera Labs price target raised to $125 from $105 at Craig-Hallum

Craig-Hallum raised the firm's price target on Astera Labs (ALAB) to $125 from $105 and keeps a Buy rating on the shares. Astera had 'another strong report and guide,' driven by its Aries retimer products and exposure to key internal ASIC programs, the analyst tells investors. Calendar 2025 should be 'another strong year,' driven by Gen 6 retimers and Scorpio P and X series, with help from Taurus and Leo product ramps, the analyst added in a post-earnings note. Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ALAB: Astera Labs, Inc.'s Robust Growth Potential Driven by Strategic Acquisitions and Performance Metrics Astera Labs price target raised to $120 from $100 at Deutsche Bank Astera Labs price target raised to $123 from $110 at Evercore ISI Astera Labs, Inc.: Strong Buy Rating Supported by Product Diversification and Promising Growth Prospects Astera Labs, Inc.: Balancing Growth Opportunities with Rising Expenses – A Hold Rating Analysis

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