Astera Labs (ALAB) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Astera Labs (NASDAQ: ALAB):

• 5/7/2026 – Astera Labs had its price target raised by Barclays PLC from $165.00 to $200.00. They now have an “equal weight” rating on the stock.
• 5/6/2026 – Astera Labs was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 5/6/2026 – Astera Labs had its “buy” rating reaffirmed by Roth Mkm. They now have a $275.00 price target on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Royal Bank Of Canada from $250.00 to $270.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by TD Cowen from $140.00 to $225.00. They now have a “hold” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Morgan Stanley from $210.00 to $240.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Astera Labs had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $270.00 price target on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Citigroup Inc. from $200.00 to $245.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by JPMorgan Chase & Co. from $205.00 to $280.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Susquehanna from $155.00 to $230.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Needham & Company LLC from $220.00 to $260.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Astera Labs had its price target raised by Stifel Nicolaus from $236.00 to $260.00. They now have a “buy” rating on the stock.
• 5/1/2026 – Astera Labs was given a new $236.00 price target by Stifel Nicolaus.
• 5/1/2026 – Astera Labs is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $153.00 price target on the stock.
• 4/21/2026 – Astera Labs had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $250.00 price target on the stock.
• 4/21/2026 – Astera Labs is now covered by UBS Group AG. They set a “neutral” rating and a $180.00 price target on the stock.
• 4/21/2026 – Astera Labs is now covered by UBS Group AG. They set a “neutral” rating and a $180.00 price target on the stock.
• 4/2/2026 – Astera Labs is now covered by Citigroup Inc.. They set a “buy” rating and a $200.00 price target on the stock.

Insiders Place Their Bets

In other news, COO Sanjay Gajendra sold 230,639 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $198.22, for a total transaction of $45,717,262.58. Following the completion of the transaction, the chief operating officer directly owned 664,361 shares in the company, valued at approximately $131,689,637.42. This represents a 25.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jitendra Mohan sold 325,693 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $172.14, for a total value of $56,064,793.02. Following the transaction, the chief executive officer owned 4,079,322 shares of the company’s stock, valued at $702,214,489.08. This trade represents a 7.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,497,338 shares of company stock valued at $236,827,957. 12.50% of the stock is owned by company insiders.

Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. The firm focuses on addressing signal integrity and link management challenges that arise as server architectures incorporate higher-bandwidth processors and accelerators. Its technology is aimed at improving reliability and performance for high-speed interconnects used in servers, storage systems and compute accelerators.

The company’s product portfolio centers on silicon devices and accompanying firmware and software that enhance and manage high-speed links.