FMP
Astera Labs, Inc. Common Stock
ALAB
NASDAQ
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.
59.67 USD
-0.465 (-0.779%)
Latest ALAB News
Davit Kirakosyan
Jan 2, 2025
Astera Labs Downgraded to Market Perform Amid Valuation Concerns
Northland analysts downgraded Astera Labs (NASDAQ:ALAB) from Outperform to Market Perform, setting a price target of $120, citing concerns over valuation and the likelihood of profit-taking by investors as the New Year begins. Astera Labs is currently trading at 44 times the consensus non-GAAP earnings per share (EPS) estimate for 2028, which stands at $2.99. While the dynamic growth of the AI market and increased spending on connectivity may drive these estimates higher, sustaining such growth ...
Zacks Investment Research
Aug 22, 2024
Is the Options Market Predicting a Spike in Astera Labs (ALAB) Stock?
Investors need to pay close attention to Astera Labs (ALAB) stock based on the movements in the options market lately.
Stuart Mooney
Aug 19, 2024
Astera Labs, Inc. (NASDAQ:ALAB) Reports Significant Q2 Financial Achievements
Astera Labs, Inc. (Nasdaq: ALAB), a pioneer in semiconductor-based connectivity solutions for cloud and AI infrastructure, has recently shared its financial achievements for the second quarter of fiscal year 2024, which concluded on June 30, 2024. The company's announcement of a revenue surge to $76.9 million is noteworthy, showcasing an 18% sequential growth and an impressive 619% growth year-over-year. This significant increase in revenue underscores Astera Labs' expanding influence in the sem...
24/7 Wall Street
Aug 14, 2024
Prediction: This Semiconductor Stock Will Be the Best Performer the Rest of 2024
24/7 Wall St. Insights Nervous investors may be wondering if semiconductor stocks are still a good bet for the rest of this year.
InvestorPlace
Aug 4, 2024
3 Top Tech Stocks Ready for Robust Gains
Investors must always balance growth and stability in their portfolios. While employing defensive positions is essential, deploying capital in high-growth sectors like technology can be a formula that accelerates growth.
Zacks Investment Research
Aug 1, 2024
Astera Labs (ALAB) to Report Q2 Earnings: What's in Store?
Astera Labs' (ALAB) second-quarter 2024 results are expected to reflect strong demand for AI-enabled servers and data center infrastructure.
GuruFocus
Jul 24, 2024
IPO Window Cracks Open, Scouting Potential 2nd-Half Go-Public Stories
With mixed second-quarter bank earnings under our belt, there is a better sense of how capital markets may unfold over the second half of the year. Messages were somewhat mixed, but there is an underlying optimism that merger and acquisition activity may pick back up as the Fed gradually reduces its policy rate over the months and quarters to come.
InvestorPlace
Jul 17, 2024
3 Semiconductor Stocks to Buy at a 52-Week Low in July
Semiconductor stocks are absolutely on fire right now. Investors are drawn to the promise of the chip sector, especially as it provides the raw computing power necessary to power the artificial intelligence revolution.
Seeking Alpha
Jul 13, 2024
Astera Labs: Powering The Future Of AI
Astera Labs is well-positioned to benefit from the growth of the AI industry thanks to its products that are critical for data centers. Astera Labs has relationships with key players in the data center ecosystem, which shows its reliability. Astera Labs is already a dominant player in the retimer market with an 80% market share, which I expect to increase due to the company's advanced technology.
InvestorPlace
Jul 4, 2024
3 Early-Stage Tech Plays That Could Create Generational Wealth
It's no secret that catching a stock early has the potential to promise investors massive gains over a long-term time horizon. It's always difficult to identify the IPOs with solid fundamentals that will continue to grow year-on-year.
