17-Oct-2024
Craig-Hallum Sticks to Their Buy Rating for Astera Labs, Inc. (ALAB)
TipRanks (Wed, 16-Oct 8:56 AM ET)
TipRanks (Wed, 16-Oct 6:05 AM ET)
Benzinga (Sun, 13-Oct 10:29 AM ET)
Business Wire (Tue, 8-Oct 4:05 PM ET)
Astera Labs Announces Conference Call to Review Third Quarter 2024 Financial Results
Business Wire (Wed, 2-Oct 4:05 PM ET)
Astera Labs Opens New R&D Hub in Bengaluru to Drive AI and Cloud Innovation
Business Wire (Thu, 12-Sep 1:30 AM ET)
Astera Labs to Participate in the Deutsche Bank 2024 Technology Conference
Business Wire (Wed, 21-Aug 4:05 PM ET)
Astera Labs Announces Financial Results for the Second Quarter of Fiscal Year 2024
Business Wire (Tue, 6-Aug 4:05 PM ET)
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.
Astera Labs trades on the NASDAQ stock market under the symbol ALAB.
As of October 17, 2024, ALAB stock price climbed to $65.99 with 5,128,374 million shares trading.
ALAB has a beta of 2.65, meaning it tends to be more sensitive to market movements. ALAB has a correlation of 0.25 to the broad based SPY ETF.
ALAB has a market cap of $10.34 billion. This is considered a Large Cap stock.
Last quarter Astera Labs reported $77 million in Revenue and $.13 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.02.
The top ETF exchange traded funds that ALAB belongs to (by Net Assets): VTI, VB, PSI, XSD, VBK.
ALAB support price is $62.51 and resistance is $68.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALAB shares will trade within this expected range on the day.