Astera Labs, Inc. (ALAB)
| Market Cap | 15.32B |
| Revenue (ttm) | 490.47M |
| Net Income (ttm) | 41.39M |
| Shares Out | 164.92M |
| EPS (ttm) | 0.26 |
| PE Ratio | 362.98 |
| Forward PE | 67.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,848,728 |
| Open | 97.61 |
| Previous Close | 97.96 |
| Day's Range | 91.65 - 97.94 |
| 52-Week Range | 36.22 - 147.39 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 97.50 (+4.97%) |
| Earnings Date | May 6, 2025 |
About ALAB
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. It offers an intelligent connectivity platform, comprised high-speed connectivity integrated circuits, modules and boards, and COSMOS. The company also provides COSMOS software suite, a connectivity system management and optimization software that enables management and optimization of resources for large fleets at cloud-scale via link, fleet, and RAS management capabilities. In addition, it offers scorpio fabric switch... [Read more]
Financial Performance
In 2024, Astera Labs's revenue was $396.29 million, an increase of 242.24% compared to the previous year's $115.79 million. Losses were -$83.42 million, 217.7% more than in 2023.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for ALAB stock is "Strong Buy." The 12-month stock price forecast is $97.5, which is an increase of 4.97% from the latest price.
News
Astera Labs: Strong Story, Weak Stock?
Astera Labs (NASDAQ:ALAB), a firm specializing in semiconductor-based connectivity solutions for cloud and AI infrastructure, has experienced a nearly 36% decline year-to-date. The recent sell-off has...
U.S. IPO Weekly Recap: Sizable Precision Medicine And Insurance IPOs Raise A Combined $902 Million
A handful of IPOs and blank checks priced in the short holiday week, led by two sizable issuers. Two smaller IPOs also priced this past week. One IPO is currently scheduled to list in the week ahead, ...
The Rise Of Astera Labs: A Leader In Data Center Connectivity And AI Solutions
Astera Labs dominates the data center PCIe retimer market and is expanding its product portfolio to become a critical AI rack connectivity supplier. The company's revenue growth is exceptional, with Q...
Astera Labs and Alchip Announce Strategic Partnership to Advance Silicon Ecosystem for AI Rack-Scale Connectivity
Astera Labs and Alchip partner to advance AI infrastructure, combining Alchip's ASIC development with Astera's connectivity portfolio for hyperscalers.
Astera Labs: The Bear Case Is Dead With Clear Growth Runway
Astera Labs is on track for a significant revenue ramp in the second half of the year when it starts volume shipments of Aries 6 and Scorpio P-Series product families. The introduction of the Aries 6 ...
Astera Labs Fits Into Credo's Playbook
Astera Labs' rapid Quant rating improvement and strong earnings support my reiterated Strong Buy rating with a $140 target in 12-24 months. Astera and Credo, while competitors, are both key enablers i...
3 AI Stocks Riding the $6T Datacenter Wave
The three newest companies added to the ROBO Global Artificial Intelligence Index (THNQ) have become the No. 1, No. 2, and No. 9 best performers within the strategy quarter-to-date, highlighting the i...
Astera Labs Expands Collaboration with NVIDIA to Advance NVLink Fusion Ecosystem
SANTA CLARA, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced i...
Jim Cramer: Astera Labs Has 'Tremendous Growth'
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Astera Labs, Inc. ALAB is a company that is “incredibly well-run that has tremendous growth.” He recommended buying the stock “given the fact tha...
Astera Labs to Participate in the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference
SANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Astera Labs (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it...
Astera Labs, Inc. (ALAB) Q1 2025 Earnings Call Transcript
Astera Labs, Inc. (NASDAQ:ALAB) Q1 2025 Results Conference Call May 6, 2025 4:30 PM ET Company Participants Leslie Green - IR Jitendra Mohan - CEO and Co-Founder Sanjay Gajendra - President, COO and ...
Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2025
Record quarterly revenue of $159.4 million, up 13% QoQ and 144% YoY Strong demand for PCIe scale-up and Ethernet scale-out in custom ASIC platforms PCIe 6 connectivity portfolio poised to ramp in lead...
Astera Labs to Share Vision for Expanding Opportunities in AI Infrastructure with UALink
SANTA CLARA, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced i...
Astera Labs: Positioned To Capitalize On Next-Gen AI Connectivity Boom
I rate Astera Labs a Strong Buy with a 12-24 month price target of $140 due to strong secular growth in AI/data center connectivity. Astera's unique semiconductor portfolio, first-mover advantage, and...
Astera Labs Heating Up The AI Connectivity Market (Rating Upgrade)
Astera Labs' revenue quadrupled in 2024 due to high demand for Aries retimers, driven by Nvidia's Hopper GPUs deployments in AI data centers, making it a standout in AI Connectivity. After a 48% stock...
Astera Labs Ramps Production of PCIe 6 Connectivity Portfolio Supercharging Advanced AI and Cloud Infrastructure Deployments
SANTA CLARA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced i...
Astera Labs: Buy The Trade War Pullback, Strong Buy
Astera Labs is well-positioned for 2025 with revenue contributions from all four product lines, driven by strong demand from hyperscalers and AI infrastructure needs. Significant investments in R&D an...
Astera Labs Announces Conference Call to Review First Quarter 2025 Financial Results
SANTA CLARA, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced...
Trade Tracker: Bill Baruch sells Astera Labs, Coeur Mining, Mobileye, Marathon Petroleum
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to detail his plethora of sales today.
Astera Labs: The Rising Challenger Of The AI Connectivity Market
Astera Labs, with its AI-focused connectivity chips, shows strong growth potential but faces risks due to reliance on a few customers and high forward P/E. The new PCIe 6.0 retimer enhances AI data pr...
Astera Labs Optimizes Connectivity for NVIDIA Blackwell-Based MGX Platforms at Scale
Seamless Scorpio Smart Fabric Switch integration with NVIDIA MGX™ platform delivers PCIe® 6-ready modular designs for rapid deployment across a range of AI servers Seamless Scorpio Smart Fabric Switch...
Astera Labs: A Stellar Growth Opportunity
Astela Labs is developing a portfolio of high-speed network connectivity semiconductors to serve the AI data center market. It has centered its products around powerful software that allows hyperscale...
Astera Labs Expands Interoperability Leadership to Propel Next-Gen PCIe 6.x Ecosystem
SANTA CLARA, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced...
Astera Labs Appoints Dr. Craig Barratt to Board of Directors
SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced...
Astera Labs to Participate in the Morgan Stanley Technology, Media & Telecom Conference
SANTA CLARA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Astera Labs (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that i...