Added to YB: 2026-02-25
Pitch date: 2026-02-21
ALAB [neutral]
Astera Labs, Inc.
+0.92%
current return
Author Info
No bio for this author
Company Info
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.
Market Cap
$22.1B
Pitch Price
$127.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
111.19
P/E
106.30
EV/Sales
24.53
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Astera Labs (ALAB) Earnings Report
ALAB (earnings): Q4 rev $270.6M (+92% YoY), beat consensus $249.6M; FY25 rev $852.5M (+115% YoY). Non-GAAP EPS $0.58 vs $0.43 est, but GAAP EPS $0.25 missed. Gross margin 75.7%, op margin 40.2%, both down QoQ as mgmt pivots to heavy reinvestment. AI-driven growth via Taurus PCIe/CXL, Scorpio fabric switch (15% rev), Leo CXL. Risks: AI capex cyclicality, hyperscaler concentration, multiple compression if growth decelerates.
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