Weekly Research Analysts’ Ratings Updates for Astera Labs (ALAB)

Several analysts have recently updated their ratings and price targets for Astera Labs (NASDAQ: ALAB):

• 5/26/2026 – Astera Labs was downgraded by Citigroup Inc. from “buy” to “market perform”.
• 5/26/2026 – Astera Labs was downgraded by Northland Securities from “outperform” to “market perform”.
• 5/21/2026 – Astera Labs was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 5/19/2026 – Astera Labs had its “outperform” rating reaffirmed by Evercore Inc. They now have a $297.00 price target on the stock.
• 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.

Insider Transactions at Astera Labs

In related news, General Counsel Philip Mazzara sold 796 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $291.03, for a total value of $231,659.88. Following the transaction, the general counsel owned 103,343 shares of the company’s stock, valued at $30,075,913.29. This represents a 0.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jitendra Mohan sold 28,737 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $249.62, for a total value of $7,173,329.94. Following the completion of the transaction, the chief executive officer directly owned 3,789,232 shares in the company, valued at approximately $945,868,091.84. This trade represents a 0.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 2,306,257 shares of company stock worth $473,685,936. 12.50% of the stock is currently 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.