Group 1 - Astera Labs, Inc. (ALAB) closed at 127.67 indicating a 50.9% upside potential [1] - The average of 12 short-term price targets ranges from a low of 150, with a standard deviation of $10.07, suggesting a variability in estimates [2] - Analysts show strong agreement in revising earnings estimates higher, with a 64.8% increase in the Zacks Consensus Estimate for the current year, indicating positive earnings prospects [10][9] Group 2 - ALAB has a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which supports the stock's potential upside [11] - While price targets may not be reliable indicators of actual price movements, the direction they imply appears to be a good guide for potential stock performance [12]
Wall Street Analysts Predict a 50.86% Upside in Astera Labs, Inc. (ALAB): Here's What You Should Know