Date | Price Target | Rating | Analyst |
---|---|---|---|
9/4/2024 | $55.00 | Equal-Weight → Overweight | Morgan Stanley |
4/16/2024 | $100.00 | Outperform | Evercore ISI |
4/15/2024 | $90.00 | Buy | Craig Hallum |
4/15/2024 | $85.00 | Buy | Jefferies |
4/15/2024 | $85.00 | Buy | Deutsche Bank |
4/15/2024 | $85.00 | Overweight | Barclays |
4/15/2024 | $81.00 | Overweight | Morgan Stanley |
4/15/2024 | $85.00 | Overweight | JP Morgan |
SC 13G - Astera Labs, Inc. (0001736297) (Subject)
Dr. Shivananda Koteshwar to lead the company's India operations and spearhead development of innovative connectivity solutions for AI and cloud infrastructure Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the official opening of its R&D site in India to establish a world-class engineering team and scale product development operations. The new office located in Bengaluru expands the company's global footprint and is a foundational piece of its accelerated growth strategy as a leading enabler for deploying AI at cloud-scale. Dr. Shivananda Koteshwar – a visionary leader and accomplished semicon
Astera Labs (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will participate in the Deutsche Bank 2024 Technology Conference on Aug. 29, 2024. Astera Labs' presentation is scheduled for 12:30 pm PT. A webcast of the session will be made available on Astera Labs' investor relations website at https://ir.asteralabs.com. About Astera Labs Astera Labs is a global leader in purpose-built connectivity solutions that unlock the full potential of AI and cloud infrastructure. Our Intelligent Connectivity Platform integrates PCIe®, CXL®, and Ethernet semiconductor-based solutions and the COSMOS software suite of
Record quarterly revenue of $76.9 million, up 18% QoQ and up 619% YoY Multiple secular trends, design wins across diverse AI platform architectures, and increasing average dollar content position the Company to outpace industry growth Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary financial results for the second quarter of fiscal 2024, ended June 30, 2024. "Astera Labs achieved robust top-line growth during Q2, and we expect even stronger sequential growth in the September quarter, fueled by the production ramp of new AI platforms at hyperscalers featuring both third-pa
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL SWEEP BULLISH 07/19/24 $120.00 $116.6K 113.8K 193.6K AMD CALL SWEEP BEARISH 07/19/24 $157.5
A recent survey from JPMorgan reveals a clear trajectory towards increased investment in AI infrastructure, with expectations of significant revenue growth in the semiconductor sector over the next several years. Here’s how the 166 CIOs responded: AI Infrastructure Investment Soars: Over 75% of surveyed CIOs plan to allocate more than 5% of their IT budgets to AI compute hardware within three years, up from approximately 25% currently. This signals a projected 45% compound annual growth rate (CAGR) in AI-related spending, outpacing previous forecasts. Cloud Capex Expansion: Cloud spending is set to rise to 35% of IT budgets in five years, up from 20% presently, indicating a robust
144 - Astera Labs, Inc. (0001736297) (Subject)
144 - Astera Labs, Inc. (0001736297) (Subject)
144 - Astera Labs, Inc. (0001736297) (Subject)
Morgan Stanley upgraded Astera Labs from Equal-Weight to Overweight and set a new price target of $55.00
Evercore ISI initiated coverage of Astera Labs with a rating of Outperform and set a new price target of $100.00
Craig Hallum initiated coverage of Astera Labs with a rating of Buy and set a new price target of $90.00
Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the second quarter 2024 after the close of market on Tuesday, Aug. 6, 2024. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date: Aug. 6, 2024 Time: 1:30 pm PT / 4:30 pm ET Hosts: Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial Officer Dial-in: (800) 715-
Astera Labs (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, announced today that it will release its financial results for the first quarter 2024 after the close of market on Tuesday, May 7, 2024. The company will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date: May 7, 2024 Time: 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time Hosts: Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial Officer Dial-in: US toll free: (800) 715
Mayer brings technology and leadership expertise in scaling multi-billion-dollar enterprises Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Bethany Mayer to its Board of Directors. Mayer brings over 30 years of experience as a visionary leader and board member at networking, cybersecurity, and semiconductor companies. "Bethany brings a wide range of technology and leadership experiences at both global corporations and tech start-ups to Astera Labs, and we are pleased to welcome her to the Board of Directors," said Jitendra Mohan, CEO and Co-founder, Astera Labs. "Her exper
4 - Astera Labs, Inc. (0001736297) (Issuer)
4 - Astera Labs, Inc. (0001736297) (Issuer)
4 - Astera Labs, Inc. (0001736297) (Issuer)