Astera Labs, Inc. (ALAB)

NASDAQ: ALAB · Real-Time Price · USD
342.85
-6.32 (-1.81%)
At close: May 29, 2026, 4:00 PM EDT
340.99
-1.86 (-0.54%)
After-hours: May 29, 2026, 7:59 PM EDT
Market Cap58.77B +293.1%
Revenue (ttm)1.00B +104.2%
Net Income267.63M +546.5%
EPS1.48 +486.3%
Shares Out 171.41M
PE Ratio231.79
Forward PE102.46
Dividendn/a
Ex-Dividend Daten/a
Volume5,985,847
Open348.00
Previous Close349.17
Day's Range329.61 - 350.87
52-Week Range84.78 - 354.53
Beta3.36
AnalystsBuy
Price Target244.10 (-28.8%)
Earnings DateMay 5, 2026

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 of semiconductor-based, high-speed, mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors, and COSMOS. The company 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 ... [Read more]

Sector Technology
IPO Date Mar 20, 2024
Employees 756
Stock Exchange NASDAQ
Ticker Symbol ALAB
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 26 analysts, the average rating for ALAB stock is "Buy." The 12-month stock price target is $244.1, which is a decrease of -28.80% from the latest price.

Price Target
$244.1
(-28.80% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Astera Labs Targets $10B AI Connectivity Opportunity as Scorpio X-Series Ramps

Astera Labs NASDAQ: ALAB is seeing robust demand across its connectivity portfolio and expects multiple product lines to contribute to growth through the back half of the year and into 2027, Nick Aber...

3 days ago - MarketBeat

Astera Labs Transcript: TD Cowen's 54th Annual Technology, Media & Telecom Conference

Strong recent growth is expected to continue, driven by expanded product lines and major catalysts like Scorpio X-Series. Significant investments in optical technology and supply chain readiness position the company for future market shifts, while customer collaborations and new design wins in CXL and AI inferencing highlight long-term opportunities.

4 days ago - Transcripts

Astera Labs to Host Press Conference, Live Demos, and Technical Talks at Computex 2026

TAIPEI, Taiwan, May 26, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, will host press and industry...

4 days ago - GlobeNewsWire

Astera Labs downgraded to Market Perform from Outperform at Northland

Northland downgraded Astera Labs (ALAB) to Market Perform from Outperform with no price target citing valuation. While the firm expects estimates to increase over the next couple of quarters as…

5 days ago - TheFly

Astera Labs Stock on Pace for Record High. Why It's Up Double Digits for a Second Day.

Astera Labs stock soars. The company has emerged as a strong artificial-intelligence play.

10 days ago - Barrons

Here's why Astera Labs' stock just staged a big gain

Investors seemed pleased by the connectivity company's firm timeline for a new switch and its talk of revenue opportunities in optical networking.

11 days ago - Market Watch

Astera Labs stock jumps 16%: is AI inference the next big catalyst?

Shares of Astera Labs (ALAB) surged more than 16% on Tuesday after bullish Wall Street commentary and upbeat management remarks reinforced investor enthusiasm around the company's positioning in the r...

11 days ago - Invezz

Astera Labs Touts AI Connectivity Boom as Scorpio, Optics Fuel Growth Outlook

Astera Labs NASDAQ: ALAB executives said the company expects continued broad-based growth across its connectivity product portfolio, driven by rising demand for AI infrastructure, custom silicon deplo...

12 days ago - MarketBeat

Astera Labs Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference

Revenue and EPS have grown over 5x since IPO, with strong momentum across all product lines and a robust outlook for 2026. Scorpio switches, custom silicon, and optical engines are driving growth, while AI and custom ASIC trends expand market opportunities.

12 days ago - Transcripts

Astera Labs price target raised to $297 from $215 at Evercore ISI

Evercore ISI raised the firm’s price target on Astera Labs (ALAB) to $297 from $215 and keeps an Outperform rating on the shares. After a round of Q1 AI channel…

12 days ago - TheFly

Astera Labs Announces Second Quarter 2026 Financial Conference Participation

SAN JOSE, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it wi...

18 days ago - GlobeNewsWire

Nuts and Bolts AI Play Gains Momentum: Astera Labs Targets Raised

Astera Labs, Inc. NASDAQ: ALAB is a nuts-and-bolts AI play gaining traction. While it doesn't make GPUs, it does make the products that connect them, including critical timers, switches, and controlle...

24 days ago - MarketBeat

Astera Labs price target raised to $200 from $165 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Astera Labs (ALAB) to $200 from $165 and keeps an Equal Weight rating on the shares post the earnings report.

24 days ago - TheFly

Astera Labs price target raised to $245 from $200 at Citi

Citi analyst Papa Sylla raised the firm’s price target on Astera Labs (ALAB) to $245 from $200 and keeps a Buy rating on the shares. The firm cites the company’s…

24 days ago - TheFly

Astera Labs price target raised to $270 from $225 at Jefferies

Jefferies raised the firm’s price target on Astera Labs (ALAB) to $270 from $225 and keeps a Buy rating on the shares. With Scorpio X starting to ramp and a…

24 days ago - TheFly

Astera Labs price target raised to $240 from $210 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the firm’s price target on Astera Labs (ALAB) to $240 from $210 and keeps an Overweight rating on the shares. Astera is executing at…

24 days ago - TheFly

Astera Labs price target raised to $260 from $236 at Stifel

Stifel analyst Tore Svanberg raised the firm’s price target on Astera Labs (ALAB) to $260 from $236 and keeps a Buy rating on the shares.

24 days ago - TheFly

Astera Labs price target raised to $280 from $205 at JPMorgan

JPMorgan analyst Harlan Sur raised the firm’s price target on Astera Labs (ALAB) to $280 from $205 and keeps an Overweight rating on the shares.

24 days ago - TheFly

Astera Labs price target raised to $225 from $140 at TD Cowen

TD Cowen analyst Sean O’Loughlin raised the firm’s price target on Astera Labs (ALAB) to $225 from $140 and keeps a Hold rating on the shares. The firm said it…

24 days ago - TheFly

Astera Labs price target raised to $270 from $250 at RBC Capital

RBC Capital raised the firm’s price target on Astera Labs (ALAB) to $270 from $250 and keeps an Outperform rating on the shares. The company reported a solid quarter driven…

24 days ago - TheFly

Astera Labs price target raised to $225 from $195 at Northland

Northland raised the firm’s price target on Astera Labs (ALAB) to $225 from $195 and keeps an Outperform rating on the shares. The firm lift its estimates after the company…

24 days ago - TheFly

Astera Labs price target raised to $275 from $225 at Roth Capital

Roth Capital raised the firm’s price target on Astera Labs (ALAB) to $275 from $225 and keeps a Buy rating on the shares. The company reported another solid revenue beat…

24 days ago - TheFly

Astera Labs price target raised to $230 from $155 at Susquehanna

Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Astera Labs (ALAB) to $230 from $155 and keeps a Neutral rating on the shares. The firm said the company…

24 days ago - TheFly

Astera Labs price target raised to $260 from $220 at Needham

Needham raised the firm’s price target on Astera Labs (ALAB) to $260 from $220 and keeps a Buy rating on the shares. The company posted another significant beat and raise,…

24 days ago - TheFly

Astera Labs' stock climbs as the company strives to make AI chips more powerful

Astera Labs has been one of the hottest chip stocks in recent weeks. Now it's on track to build on that momentum.

25 days ago - Market Watch