Streetbeat News

ALAB

Astera Labs Inc.

Industry

Semiconductor and Related Device Manufacturing

Open

67.78

Mkt cap

12B

Volume

3.7M

High

72.43

P/E Ratio

-112.78

52-wk high

147.39

Low

67.50

Div yield

N/A

52-wk low

36.22

Deutsche Bank analyst Ross Seymore initiates coverage on Astera Labs (NASDAQ:ALAB) with a Buy rating and a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 9:21 am

Astera Labs shares are trading lower due to post-IPO volatility, indicating a period of price instability following its recent initial public offering.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:38 pm

SpaceX, valued at around $175 billion, is a hot prospect for investors, though it hasn't announced an IPO date. Investors can gain exposure to SpaceX through private equity firms like Stack Capital (TSX:STCK) that hold its shares. The IPO market has been sluggish, but recent successful listings like Astera Labs Inc (NASDAQ:ALAB) and Reddit Inc (NYSE:RDDT) could rejuvenate interest. Stack Capital's portfolio includes other pre-IPO companies, indicating a robust private market for blue-chip firms.

Portfolio Pulse from Neil Dennis

March 28, 2024 | 1:49 pm

Astera Labs shares are trading lower due to post-IPO volatility, indicating a period of price adjustment following its recent public offering.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 4:13 pm

Astera Labs' stock is experiencing a decline due to volatility following its recent Initial Public Offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:40 pm

Several Information Technology stocks showed significant movement in Monday's intraday session. Notable gainers include Intellicheck, Cleanspark, Research Frontiers, MicroStrategy, BTCS, and Astera Labs, with Intellicheck and BTCS releasing their Q4 earnings recently. Astera Labs also released its Q2 earnings. On the downside, Aehr Test Systems, Rubicon Technologies, Formula Systems, Aurora Mobile, SEALSQ, and MMTEC experienced declines, with Formula Systems' Q4 earnings report impacting its stock.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 5:30 pm

Astera Labs' stock price increased following Northland Capital Markets initiating coverage with an Outperform rating and a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 1:25 pm

Northland Capital Markets has initiated coverage on Astera Labs (NASDAQ:ALAB) with an Outperform rating and set a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:17 pm

Astera Labs shares are experiencing an increase in their trading value due to post-IPO volatility.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:17 pm

Cutera, Inc. (NASDAQ:CUTR) shares plummeted over 26% after reporting a Q4 adjusted EPS loss significantly worse than expected, despite beating sales forecasts. Other stocks experienced notable movements, with Murano Global Investments PLC (NASDAQ:MRNO) and Nova LifeStyle, Inc. (NASDAQ:NVFY) leading the gainers, while BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) and Sintx Technologies, Inc. (NASDAQ:SINT) were among the biggest losers.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 6:39 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.