Astera Labs, Inc. Common Stock (ALAB) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 16 analysts39.7% Above Target
ALAB trades 39.7% above Wall Street's consensus target of $239.55.
Current Price$397.02
Average Target$239.55
Target
Current
Low$153.00
Median$260.00
High$297.00
Analyst Target Range
Forward P/E133.6x
(High Premium)
PEG Ratio—
Implied Growth+101.2%
(High Growth)
Analyst Spread60.1%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ALAB achieves its forward estimates and maintains a stable P/E multiple of 133.6x. This scenario reflects the blended consensus of 16 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ALAB Price Target Analysis
Updated June 24, 2026As of June 24, 2026, Astera Labs, Inc. Common Stock (ALAB) has a Wall Street consensus price target of $239.55, based on estimates from 16 covering analysts. With the stock currently trading at $397.02, this represents a potential downside of -39.7%. The company has a market capitalization of $67.58B.
Analyst price targets range from a low of $153.00 to a high of $297.00, representing a 60% spread in expectations. The median target of $260.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ALAB trades at a trailing P/E of 325.4x and forward P/E of 133.6x. Analysts expect EPS to grow +101.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $64.48, with bear and bull scenarios of $40.62 and $84.96 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+1.9%
Industry Consensus
Avg Forward P/E
88.5x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MRVLMarvell Technology, Inc. | $244.1B | $279.04 | $241.46 | -13.5% | Buy | 69.0x | 73 |
 CRUSCirrus Logic, Inc. | $8.0B | $157.78 | $169.00 | +7.1% | Buy | 17.4x | 22 |
 MTSIMACOM Technology Solutions Holdings, Inc. | $28.4B | $372.15 | $360.89 | -3.0% | Buy | 74.1x | 24 |
 ALGMAllegro MicroSystems, Inc. | $10.3B | $55.52 | $52.57 | -5.3% | Buy | 104.5x | 13 |
 AXTIAXT, Inc. | $3.6B | $77.91 | $59.40 | -23.8% | Buy | 313.8x | 11 |
 NVDANVIDIA Corporation | $4.8T | $200.00 | $316.79 | +58.4% | Buy | 22.4x | 79 |
 AMDAdvanced Micro Devices, Inc. | $847.5B | $519.85 | $452.91 | -12.9% | Buy | 69.6x | 70 |
 INTCIntel Corporation | $664.2B | $132.28 | $89.08 | -32.7% | Hold | 122.0x | 84 |
 AVGOBroadcom Inc. | $1.8T | $380.15 | $498.19 | +31.1% | Buy | 32.9x | 58 |
 MPWRMonolithic Power Systems, Inc. | $69.9B | $1423.76 | $1615.00 | +13.4% | Buy | 59.4x | 25 |
ALAB — Frequently Asked Questions
Quick answers to the most common questions about buying ALAB stock.
What is the ALAB stock price target for 2026?
ALAB's consensus price target is $239.55, -39.7% below the current price of $397.02. The 16 analysts tracking ALAB see downside risk at present valuations.
Is ALAB a buy, sell, or hold?
ALAB has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is predominantly bullish, with 13 Buy/Strong Buy ratings. The consensus 12-month price target of $239.55 implies -39.7% downside from current levels.
Is ALAB stock overvalued or undervalued?
At a forward P/E of 133.5554x, ALAB trades at a premium valuation. The consensus price target of $239.55 (-39.7% downside) suggests analysts may view current valuations as stretched.
How high can ALAB stock go?
The most bullish Wall Street analyst has a price target of $297 for ALAB, while the most conservative target is $153. The consensus of $239.55 represents the median expectation. Our quantitative valuation model projects a bull case target of $85 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ALAB stock?
ALAB is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ALAB stock forecast?
The 12-month ALAB stock forecast based on 16 Wall Street analysts shows a consensus price target of $239.55, with estimates ranging from $153 (bear case) to $297 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $64, with bear/bull scenarios of $41/$85.
What is ALAB's fair value based on fundamentals?
Our quantitative valuation model calculates ALAB's fair value at $64 (base case), with a bear case of $41 and bull case of $85. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
What is ALAB's forward P/E ratio?
ALAB trades at a forward P/E ratio of 133.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 325.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ALAB stock?
Analysts are cautious on ALAB, with 0 Sell ratings and a price target of $239.55 (-39.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ALAB price targets vary so much?
ALAB analyst price targets range from $153 to $297, a 60% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $239.55 consensus represents the middle ground. Our model's $41-$85 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into ALAB consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare