Astera Labs, Inc. (ALAB)

Market Cap	11.70B
Revenue (ttm)	396.29M
Net Income (ttm)	-83.42M
Shares Out	162.15M
EPS (ttm)	-0.64
PE Ratio	n/a
Forward PE	57.24
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,633,642
Open	74.33
Previous Close	73.78
Day's Range	72.03 - 74.66
52-Week Range	36.22 - 147.39
Beta	n/a
Analysts	Strong Buy
Price Target	111.23 (+54.14%)
Earnings Date	Feb 10, 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 of semiconductor-based, 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 capabilities...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Mar 20, 2024
• Employees: 440
• Stock Exchange: NASDAQ
• Ticker Symbol: ALAB
• Website: https://www.asteralabs.com

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.

Analyst Forecast

According to 13 analysts, the average rating for ALAB stock is "Strong Buy." The 12-month stock price forecast is $111.23, which is an increase of 54.14% from the latest price.

Price Target

$111.23

(54.14% upside)

Analyst Consensus: Strong Buy