Research Analysts’ Recent Ratings Updates for Astera Labs (ALAB)

A number of firms have modified their ratings and price targets on shares of Astera Labs (NASDAQ: ALAB) recently:

• 10/23/2026 – Astera Labs was downgraded by Weiss Ratings from “buy (b-)” to “hold (c)”.
• 10/19/2026 – Astera Labs had its price target lowered by TD Cowen from $375.00 to $300.00. They now have a “hold” rating on the stock.
• 10/9/2026 – Astera Labs was downgraded by Citigroup 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”.

Insider Transactions at Astera Labs

In other Astera Labs news, COO Sanjay Gajendra sold 90,630 shares of Astera Labs stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $340.35, for a total value of $30,845,920.50. Following the completion of the sale, the chief operating officer directly owned 1,119,038 shares in the company, valued at $380,864,583.30. The trade was a 7.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Philip Mazzara sold 6,801 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $340.50, for a total transaction of $2,315,740.50. Following the transaction, the general counsel owned 96,542 shares in the company, valued at approximately $32,872,551. This trade represents a 6.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 408,558 shares of company stock valued at $127,306,034 in the last ninety days. 10.40% of the stock is currently owned by insiders.

Astera Labs, Inc is a semiconductor and connectivity solutions company that develops hardware and software for data centers, cloud computing, and artificial intelligence infrastructure. Its products are designed to help move data between processors, memory, storage, and networking components while addressing bandwidth, latency, and system-management requirements.

The company’s portfolio includes Aries PCI Express and Compute Express Link (CXL) Smart Retimers, Taurus Ethernet Smart Cable Modules, Scorpio Smart Fabric Switches, and Leo CXL Memory Connectivity Controllers.