Astera Labs, Inc. (ALAB)

NASDAQ: ALAB · Real-Time Price · USD
122.23
+0.55 (0.45%)
At close: Jul 25, 2025, 4:00 PM
122.50
+0.27 (0.22%)
After-hours: Jul 25, 2025, 7:48 PM EDT
0.45%
Market Cap20.16B
Revenue (ttm)490.47M
Net Income (ttm)41.39M
Shares Out 164.92M
EPS (ttm)0.26
PE Ratio486.99
Forward PE89.04
Dividendn/a
Ex-Dividend Daten/a
Volume2,648,130
Open120.61
Previous Close121.68
Day's Range120.11 - 123.61
52-Week Range36.22 - 147.39
Betan/a
AnalystsStrong Buy
Price Target102.86 (-15.85%)
Earnings DateAug 5, 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]

Sector Technology
IPO Date Mar 20, 2024
Employees 440
Stock Exchange NASDAQ
Ticker Symbol ALAB
Full Company Profile

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 Statements

Analyst Summary

According to 15 analysts, the average rating for ALAB stock is "Strong Buy." The 12-month stock price target is $102.86, which is a decrease of -15.85% from the latest price.

Price Target
$102.86
(-15.85% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Overlooked Stock: ALAB Rallies Almost 20%

George Tsilis turns to a company he sees as a stock not getting much attention in the A.I. race: Astera Labs (ALAB).

4 days ago - Schwab Network

Buy, Sell Or Hold Astera Labs Stock?

Astera Labs (NASDAQ:ALAB), a firm specializing in semiconductor-based connectivity solutions for cloud and AI infrastructure, experienced a stock increase of nearly 8% on Wednesday. Although there was...

14 days ago - Forbes

Astera Labs: Rapid Growth And Newfound Profitability

Astera Labs' rapid revenue growth and recently-achieved profitability, driven by AI demand, highlight strong execution and industry relevance. Diversification into China and Singapore helped offset de...

15 days ago - Seeking Alpha

Astera Labs: Breaking AI Connectivity's Duopoly

Astera Labs is breaking into the AI connectivity duopoly, expanding its share between two industry giants, Broadcom and Marvell. The company's partnership with Nvidia on the NVLink Fusion ecosystem po...

15 days ago - Seeking Alpha

Astera Labs Announces Conference Call to Review Second Quarter 2025 Financial Results

SANTA CLARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced ...

17 days ago - GlobeNewsWire

4 Fast-Rising AI Stocks You Probably Haven't Heard Of

Artificial intelligence stocks are on a heater in 2025.

Other symbols: ADBEOKLOVST
25 days ago - Benzinga

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...

4 weeks ago - Forbes

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, ...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - GlobeNewsWire

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 ...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Benzinga

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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.

Other symbols: CDEMBLYMPC
4 months ago - CNBC Television

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...

4 months ago - Seeking Alpha