New Buy Rating for Astera Labs, Inc. (ALAB), the Technology Giant
In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Astera Labs, Inc., with a price target of $195.00.
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Richard covers the Technology sector, focusing on stocks such as Synaptics, Enphase Energy, and Nextpower Inc. According to TipRanks, Richard has an average return of 23.6% and a 60.61% success rate on recommended stocks.
In addition to Northland Securities, Astera Labs, Inc. also received a Buy from Craig-Hallum’s Richard Shannon in a report issued today. However, yesterday, Bank of America Securities reiterated a Hold rating on Astera Labs, Inc. (NASDAQ: ALAB).
Based on Astera Labs, Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $230.58 million and a net profit of $91.11 million. In comparison, last year the company earned a revenue of $113.09 million and had a GAAP net loss of $7.59 million
Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALAB in relation to earlier this year. Most recently, in November 2025, Sanjay Gajendra, the President & COO of ALAB sold 90,459.00 shares for a total of $13,088,450.00.
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