Astera Labs (ALAB) Sees Double-Digit Price Target Upgrade Ahead of Earnings

Astera Labs (ALAB) rose 9.20% following a double-digit price target upgrade by RBC Capital, which raised its estimate to $250 from $225. The upgrade reflects optimism about the company's revenue growth, particularly from its Scorpio switches and the upcoming Trainium-3 variant. The company is set to report first-quarter earnings on May 5, 2026.

By Angelica Ballesteros Wed, April 22, 2026 at 4:59 AM GMT+3 2 min read · Yahoo Finance · April 22, 2026, 01:59 UTC

Tickers: $ALAB

Topics: Astera Labs Earnings Price Target RBC Capital Stock Performance

Read the full article at Yahoo Finance

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