Professional
Added to YB: 2025-08-11
Pitch date: 2025-08-06
ALAB [bullish]
Astera Labs, Inc.
+132.24%
current return
Author Info
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Company Info
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.
Market Cap
$67.1B
Pitch Price
$175.00
Price Target
215.00 (-47%)
Dividend
N/A
EV/EBITDA
273.61
P/E
264.85
EV/Sales
65.91
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Evercore Raises Astera Labs Price Target to $215
ALAB: PT raised to $215 at Evercore ISI. Three AI growth drivers: 1) Scorpio P Series beating expectations w/ new designs for 2026, 2) X Series raising content per accelerator to >$1,000, 3) 10+ customers engaged across production/qualification/engagement phases. 72% Cloud CapEx growth in 2025 supports bull case. 67% 3yr EPS growth.
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