NASDAQ · ALAB

Astera Labs, Inc. Common Stock

Technology · Semiconductors

$350.33▼ 1.71% ($6.09)at close

After hours$350.68▲ 0.10%7:59 PM ET

52-week

$97.89$499.48

Market cap

$60.05B

P/E

172.80

EPS (TTM)

$2.03

Next earnings

Nov 3, 2026

Valuation

Earnings yield

Below TreasuryYield below the 10-year Treasury

Earnings yield · Reported earnings

0.58%

10-year Treasury benchmark: 5.28%

USD · TTM earnings ending Jun 30, 2026 · Price Oct 2, 8:00 PM UTC

Your edits update the card above as you go.

Earnings yield · Maximum entry price

Unavailable

Projected annual return:: Unavailable
Current earnings yield:: 0.58%
10-year Treasury benchmark:: 5.28%

Entry price is a return-based threshold, not an estimate of value.

USD · TTM earnings ending 2026-06-30

Estimate an entry price from future earnings and your required return. Growth and the exit P/E change the forecast; current earnings yield uses only EPS and the price used.

Earnings per sharePer share · USD

Annual EPS growth percent

Target price-to-earnings multiple

Holding period in years

Required annual return percent

Add a positive EPS and exit P/E, and an EPS growth assumption to calculate the forecast.

EPS basis: reported earnings at full precision. Current earnings yield: 0.58%. Dividends are excluded from projected annual return.

Price vs Fundamentals

Why The Stock Is Moving

Optimism is getting priced inModerate confidence

1Y Price: 67.14%Revenue (TTM): 98.48%FCF (TTM): 31.52%P/S: 70th pct

What changed

The stock rose 67.14% over the last year. Revenue grew 98.48% over the trailing twelve months. Operating margin moved from 6.99% to 22.75%. Free cash flow grew 31.52% over the trailing twelve months.

What the market seems to be pricing

The stock is trading toward the richer end of its historical P/S range (70th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.

What would invalidate this read

Operating margin is at 22.75% — continued expansion would be needed to justify the premium. Revenue growth of 98.48% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.

Return analysis

Company profile

Astera Labs, Inc. develops, produces, and markets semiconductor-based connectivity solutions for cloud computing and artificial intelligence infrastructure.

CEOJitendra Mohan

SectorTechnology

IndustrySemiconductors

Employees756

IPO dateMar 20, 2024

https://www.asteralabs.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)122.46

Enterprise value (FY2025 year-end)$27.55B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth (Q2 FY26 YoY)104.45%

Gross margin (FY2025)75.69%▼0.7ppvs FY2024

Operating margin (FY2025)20.34%▲49.6ppvs FY2024

ROE (TTM to Jun 2026)25.83%▲7.0ppvs FY2025

Analyst consensus

RatingBuy

Target price$370.42▲5.73%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 3, 2026

Q3 FY26 · EPS est $1.19 · Revenue est $550.62M

View

Institutional Sentiment

Astera Labs, Inc. Common Stock · ALAB

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.

NASDAQ · ALAB

Astera Labs, Inc. Common Stock

Technology · Semiconductors

$350.33▼ 1.71% ($6.09)at close

After hours$350.68▲ 0.10%7:59 PM ET

52-week

$97.89$499.48

Market cap

$60.05B

P/E

172.80

EPS (TTM)

$2.03

Next earnings

Nov 3, 2026

Valuation

Earnings yield

Below TreasuryYield below the 10-year Treasury

Earnings yield · Reported earnings

0.58%

10-year Treasury benchmark: 5.28%

USD · TTM earnings ending Jun 30, 2026 · Price Oct 2, 8:00 PM UTC

Your edits update the card above as you go.

Earnings yield · Maximum entry price

Unavailable

Projected annual return:: Unavailable
Current earnings yield:: 0.58%
10-year Treasury benchmark:: 5.28%

Entry price is a return-based threshold, not an estimate of value.

USD · TTM earnings ending 2026-06-30

Estimate an entry price from future earnings and your required return. Growth and the exit P/E change the forecast; current earnings yield uses only EPS and the price used.

Earnings per sharePer share · USD

Annual EPS growth percent

Target price-to-earnings multiple

Holding period in years

Required annual return percent

Add a positive EPS and exit P/E, and an EPS growth assumption to calculate the forecast.

EPS basis: reported earnings at full precision. Current earnings yield: 0.58%. Dividends are excluded from projected annual return.

Price vs Fundamentals

Why The Stock Is Moving

Optimism is getting priced inModerate confidence

1Y Price: 67.14%Revenue (TTM): 98.48%FCF (TTM): 31.52%P/S: 70th pct

What changed

The stock rose 67.14% over the last year. Revenue grew 98.48% over the trailing twelve months. Operating margin moved from 6.99% to 22.75%. Free cash flow grew 31.52% over the trailing twelve months.

What the market seems to be pricing

The stock is trading toward the richer end of its historical P/S range (70th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.

What would invalidate this read

Return analysis

Company profile

Astera Labs, Inc. develops, produces, and markets semiconductor-based connectivity solutions for cloud computing and artificial intelligence infrastructure.

CEOJitendra Mohan

SectorTechnology

IndustrySemiconductors

Employees756

IPO dateMar 20, 2024

https://www.asteralabs.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)122.46

Enterprise value (FY2025 year-end)$27.55B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth (Q2 FY26 YoY)104.45%

Gross margin (FY2025)75.69%▼0.7ppvs FY2024

Operating margin (FY2025)20.34%▲49.6ppvs FY2024

ROE (TTM to Jun 2026)25.83%▲7.0ppvs FY2025

Analyst consensus

RatingBuy

Target price$370.42▲5.73%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 3, 2026

Q3 FY26 · EPS est $1.19 · Revenue est $550.62M

View

Institutional Sentiment

Astera Labs, Inc. Common Stock · ALAB

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.