Astera Labs (ALAB) shares continue to show strength following a dominant Q1 where revenue surged 93.4% to $308.4 million. Analysts at Susquehanna and Morgan Stanley have raised price targets as management projects up to 18% sequential growth for the second quarter.
- The positive momentum is contrasted by significant insider selling, with CEO Jitendra Mohan and COO Sanjay Gajendra recently liquidating over $70 million in stock.
- Investors are looking ahead to management's upcoming presentation at the J.P. Morgan Global Technology Conference on May 19, 2026.