Weekly Research Analysts’ Ratings Changes for Astera Labs (ALAB)

Astera Labs (NASDAQ: ALAB) has recently received a number of price target changes and ratings updates:

• 10/9/2026 – Astera Labs was downgraded by Citigroup Inc. from “buy” to “hold”.
• 10/9/2026 – Astera Labs was downgraded by Northland Securities from “outperform” to “market perform”.
• 10/8/2026 – Astera Labs was upgraded by Weiss Ratings from “hold (c)” to “buy (b-)”.
• 10/5/2026 – Astera Labs was downgraded by Zacks Research from “strong-buy” to “hold”.
• 8/18/2026 – Astera Labs had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 8/17/2026 – Astera Labs was upgraded by Northland Securities from “market perform” to “outperform”. They now have a $350.00 price target on the stock.

Insiders Place Their Bets

In related news, COO Sanjay Gajendra sold 90,630 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $340.35, for a total transaction of $30,845,920.50. Following the completion of the sale, the chief operating officer directly owned 1,119,038 shares of the company’s stock, valued at approximately $380,864,583.30. This trade represents a 7.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jitendra Mohan sold 90,630 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $340.35, for a total transaction of $30,845,920.50. Following the completion of the transaction, the chief executive officer owned 1,266,665 shares in the company, valued at $431,109,432.75. This represents a 6.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 408,558 shares of company stock valued at $127,306,034. Corporate insiders own 10.40% of the company’s stock.

Astera Labs, Inc is a fabless semiconductor company that develops connectivity solutions for cloud and artificial intelligence infrastructure. Its products are designed to help data centers connect and manage processors, memory, storage, and networking components in high-performance computing systems.

The company’s portfolio includes Aries PCI Express and Compute Express Link (CXL) smart memory controllers, Scorpio PCIe switches, Taurus Ethernet fabric switches, and Leo CXL memory connectivity products.