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Astera Labs, Inc. (ALAB)
NASDAQ:ALAB
Astera Labs, Inc. (ALAB) Stock Price & Analysis
594 Followers
ALAB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.61 - $95.21
Previous Close$52.61
Volume2.42M
Average Volume (3M)1.79M
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)$149.31M
Total Debt (Recent Filing)$2.16M
Price to Earnings (P/E)―
Beta3.17
Next Earnings
Aug 06, 2024EPS Estimate
$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.65
Shares Outstanding155,701,301
10 Day Avg. Volume1,692,395
30 Day Avg. Volume1,789,098
Standard Deviation0.27
R-Squared1.00
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-94.04
Price to Sales (P/S)79.35
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit0.00
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$87.00Price Target Upside84.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Astera Labs, Inc. News
PremiumCompany Announcements
Astera Labs Expands Board, Appoints Tech Veteran Bethany Mayer
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAstera Labs posted a significant beat and raise in its first quarter as a public company.
Market OpportunityThe PCIe/CXL retimer market has multibillion-dollar potential and could represent a substantial yearly business opportunity for ALAB.
Product DevelopmentProgress with two new products: 1) Gen 6 Aries Retimers – evaluations in progress with decisions expected in the next 6-9 months and shipping next year and 2) PCIe AEC to enable multi-rack GPU clustering with revenue contribution expected in 2H24.
Bears Say
Competitive ThreatsAstera's near 100% market share in PCI Gen 5 retimers could be at risk from competitive threats in the future.
Market Share VulnerabilityNear 100% market share in PCI Gen 5 retimers could leave Astera vulnerable to competitive losses in the future.
ValuationAstera's valuation is considered rich, which suggests a higher risk for investors due to the elevated expectations already priced into the stock.
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Ownership Overview
31.96% Insiders
5.17% Mutual Funds
2.00% Other Institutional Investors
60.88% Public Companies and Individual Investors
ALAB FAQ
What was Astera Labs, Inc.’s price range in the past 12 months?
Astera Labs, Inc. lowest stock price was $50.61 and its highest was $95.21 in the past 12 months.
What is Astera Labs, Inc.’s market cap?
Currently, no data Available
When is Astera Labs, Inc.’s upcoming earnings report date?
Astera Labs, Inc.’s upcoming earnings report date is Aug 06, 2024 which is in 12 days.
How were Astera Labs, Inc.’s earnings last quarter?
Astera Labs, Inc. released its earnings results on May 07, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.06.
Is Astera Labs, Inc. overvalued?
According to Wall Street analysts Astera Labs, Inc.’s price is currently Undervalued.
Does Astera Labs, Inc. pay dividends?
Astera Labs, Inc. does not currently pay dividends.
What is Astera Labs, Inc.’s EPS estimate?
Astera Labs, Inc.’s EPS estimate is $0.11.
How many shares outstanding does Astera Labs, Inc. have?
Astera Labs, Inc. has 155,473,000 shares outstanding.
What happened to Astera Labs, Inc.’s price movement after its last earnings report?
Astera Labs, Inc. reported an EPS of $0.1 in its last earnings report, beating expectations of $0.04. Following the earnings report the stock price went down -9.096%.
Which hedge fund is a major shareholder of Astera Labs, Inc.?
Among the largest hedge funds holding Astera Labs, Inc.’s share is Atreides Management, LP. It holds Astera Labs, Inc.’s shares valued at 198M.
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Astera Labs, Inc. Stock Smart Score
Company Description
Astera Labs, Inc.
Astera Labs, Inc.,Our PCIe, CXL and Ethernet semiconductor-based connectivity solutions are purpose-built to unleash the full potential of cloud and AI infrastructure. Inspired by trusted partnerships with hyperscalers and the data center ecosystem, we are an innovation leader of products that are customizable, interoperable, and reliable.
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ALAB Earnings Call
Q1 2024
0:00 / 0:00
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ALAB Stock 12 Month Forecast
Average Price Target
$87.00
▲(84.52% Upside)
Technical Analysis
Best Analysts Covering ALAB
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-26.45%
assigned a buy rating 2 months ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -26.45% per trade.
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