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ALAB

Astera Labs, Inc. Common Stock

ALAB

NASDAQ·Technology·Semiconductors·Mkt cap $53.2B

$310.40

+9.75%

P/E

149.23

Mkt Cap

$53.2B

52-Wk Range

$97.89–$499.48

52-Week Range

$97.89 - $499.48

P/E

149.23

Fwd P/E

77.72

Beta

3.78

Div Yield

0.00%

Avg Vol

5.3M

Shares Out

171.4M

Mkt Cap

$53.2B

Price action

Price chart

Up 43.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Specialized semiconductor connectivity architecture
  • Software-defined infrastructure solutions
  • Strategic focus on cloud and AI market
  • Proprietary intelligent connectivity technologies

Bear Case

2 risks

  • Very high volatility (beta 3.8). Expect 3x market swings. Position size accordingly.
  • Growth premium of 1.7x vs AI Networking peers. Elevated but may be justified by growth trajectory.

Growth

Strong growth ahead

Accelerating AI infrastructure investments

Value

Growth premium of 1.7x vs AI Networking peers. Elevated but may be justified by growth trajectory.

Momentum

Weak

-10.4% over 3m

Quality

Excellent

High-growth business (99% revenue growth, 75% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 4, 2026

Reported EPS of $0.80 vs $0.69 consensus (+15.8% surprise). Revenue of $392.4M vs $360.9M expected (+8.7%). Beat on both top and bottom lines.

EPS beat +15.8%
Rev beat +8.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+15.8%

Revenue trend · last 8Q

+179%

+144%

+150%

+104%

+92%

+93%

+104%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$113.1M

$141.1M

$159.4M

$191.9M

$230.6M

$270.6M

$308.4M

$392.4M

Margins · last 8Q

Gross

73.3%

Operating

22.7%

Profit

39.0%

Wall Street consensus

13 analysts · 77% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

10

77%

Hold

3

23%

Sell

0%

Median Price Target

$400.00

+28.9% vs $310.40

Low $400.00
Median $400.00
High $400.00

Latest: RBC Capital · Aug 5, 2026

1 analyst covering

vs Industry

How ALAB stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.