ALAB Price Prediction Next Week
Technical Analysis: Based on recent price action, ALAB has shown significant volatility with a decline of 13.27% after missing EPS estimates in its Q1 financial results. The stock is currently trading at $87.45, showing weakness in the short term.
News Sentiment & Fundamental Factors:
- Northland Capital Markets maintains an Outperform rating with a $120 price target
- Q4 revenue grew 179% YoY and 25% QoQ
- Company guidance for Q1 2025: revenue between $151-155 million
- Serviceable addressable market estimated to reach $12 billion by 2028
- Options market showing mixed sentiment with slightly bearish bias (46% bearish vs 26% bullish)
Price Prediction for Next Week (Feb 18-23, 2025): Based on technical indicators and recent news:
Target Prices:
- Support: $83.70 (recent low)
- Resistance: $94.15 (recent high)
- Most Likely Range: $85-90
Recommendation: HOLD/NEUTRAL
- Current price levels suggest consolidation after recent decline
- Strong fundamentals but near-term technical weakness
- Wait for price stabilization before establishing new positions
- Key catalyst: Pre-production volumes of Leo CXL controllers and Scorpio switches ramping up
Expected price by end of next week: $86.50
- Downside risk to $83.70 if market weakness continues
- Upside potential limited to $90 until market sentiment improves
ALAB Similar Chart Price Prediction
The price of ALAB is predicted to go up -69.31%, based on the high correlation periods with VERU. The similarity of these two price pattern on the periods is 97.79%.
ALAB
VERU
Down: -69.31%Similarity: 97.79%
ALAB Revenue Forecast
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ALAB Analyst's Forecast
Richard Shannon
Craig-Hallum
Strong Buy
2025-02-11
Price Target
$105 → $125
Upside
+33.69%
Craig-Hallum raised the firm's price target on Astera Labs to $125 from $105 and keeps a Buy rating on the shares. Astera had "another strong report and guide," driven by its Aries retimer products and exposure to key internal ASIC programs, the analyst tells investors. Calendar 2025 should be "another strong year," driven by Gen 6 retimers and Scorpio P and X series, with help from Taurus and Leo product ramps, the analyst added in a post-earnings note.
Joseph Moore
Morgan Stanley
Hold
2025-01-28
Price Target
$142 → $114
Upside
+21.93%
Joseph Moore
Morgan Stanley
Buy → Hold
2025-01-21
Price Target
$142
Upside
+13.49%
