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Astera Labs (ALAB-Q)
NASDAQ:ALAB
84.95
13.36
(18.66%) 1d
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This Week’s Stock Picks & BNN Top Picks Summary: SBUX-Q, KO-N and 20 Stock and 1 ETF Top Picks (Apr 19-25)This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have noted that Astera Labs (ALAB-Q) has seen a significant increase in stock value since its IPO in March, but there are concerns that it may be overheated. The company is positioning itself as a player in the AI theme, with high initial valuation and strong sales growth. However, it's worth noting that the company had negative earnings and cash flow last year, and there is a potential risk of a competitor developing a better technology in the near future. On the positive side, Astera Labs has shown signs of turning positive in terms of operating and net income, with potential for further growth later this year.
$71.140
Owned
A coming wave of IPO will lead to investors selling this to buy those.
Is up 136% since IPO'ing on March 20, and it's probably overheated. ALAB is positioning itself as a new way to play the AI theme. The valuation was high right from the start Trye, sales growth was 45% last year, but they had negative earnings and negative operating cash flow last year. Operating income turned positive in Q3 and net income went positive in Q4; keep that eye and they will turn positive later this year. Also, another company could develop a better technology than theirs in a year.
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Astera Labs(ALAB-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 2
Astera Labs(ALAB-Q) Frequently Asked Questions
What is Astera Labs stock symbol?
Astera Labs is a American stock, trading under the symbol ALAB-Q on the NASDAQ (ALAB). It is usually referred to as NASDAQ:ALAB or ALAB-Q
Is Astera Labs a buy or a sell?
In the last year, 2 stock analysts published opinions about ALAB-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Astera Labs.
Is Astera Labs a good investment or a top pick?
Astera Labs was recommended as a Top Pick by on . Read the latest stock experts ratings for Astera Labs.
Why is Astera Labs stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Astera Labs worth watching?
In the last year, there was no coverage of Astera Labs published on Stockchase.
What is Astera Labs stock price?
On 2024-04-26, Astera Labs (ALAB-Q) stock closed at a price of $84.95.
IPO at beginning of March. Priced at $32, opened at $58, shot up into the $80s, dropped into $60s with the general pullback. Still a bargain. Data-centric. Lets software companies connect quickly with the cloud, other software, and other networks. 12-month price target of $86, but can be sure that will be raised as it approaches. No dividend.
(Analysts’ price target is $86.09)Put 3-5% of your portfolio in this, be well rewarded.