Astera Labs
ALAB

$47.13

0.51%

Market Cap: 7.34B

About: Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

Employees: 267

Information Technology Semiconductors & Related Devices

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 12 analysts

0

News positive %

of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

314,087,202,900% more capital invested

Capital invested by funds: $0 [Q4 2023] → $3.14B (+$3.14B) [Q1 2024]

11,600% more funds holding

Funds holding: 0 [Q4 2023] → 116 (+116) [Q1 2024]

11,600% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 0

500% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 5 (+5) [Q1 2024]

48% more call options, than puts

Call options by funds: $50.9M | Put options by funds: $34.4M

25.92% more ownership

Funds ownership: 0% [Q4 2023] → 25.92% (+25.92%) [Q1 2024]

See Fund Rankings

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$81

72%

upside

Avg. target

$86

82%

upside

High target

$100

112%

upside

12 analyst ratings

11 positive

92%

1 neutral

8%

0 negative

0%

Needham Quinn Bolton	80%upside $85	Buy Reiterated	8 May 2024
Evercore ISI Group Mark Lipacis	112%upside $100	Outperform Initiated	16 Apr 2024
Jefferies Blayne Curtis	80%upside $85	Buy Initiated	15 Apr 2024
Craig-Hallum Richard Shannon	91%upside $90	Buy Initiated	15 Apr 2024
Barclays Tom O'Malley	80%upside $85	Overweight Initiated	15 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about ALAB published over the past 30 days

IPO Window Cracks Open, Scouting Potential Second-Half Go-Public Stories

With mixed Q2 bank earnings under our belt, there's a better sense of how capital markets may unfold over the second half of the year. Unavoidable is the topic of the upcoming US general election. It's possible that after two years of generally tight financial conditions and banks that have been focused on avoiding significant risks, there's a flood of young companies seeking to exit via the IPO process.

IPO Window Cracks Open, Scouting Potential Second-Half Go-Public Stories

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.

3 Semiconductor Stocks to Buy at a 52-Week Low in July

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.

Astera Labs: Powering The Future Of AI

Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results.

Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results

3 Chip Stocks That Could Turn $500 Into a Fortune

I believe that many chip makers may very well be about to embark on a huge, multi-decade boom. While there's a great deal of focus on the large extent to which the advent of artificial intelligence is boosting chip makers' financial results, the chip space has other extremely powerful, positive catalysts that are getting much less attention.

3 Chip Stocks That Could Turn $500 Into a Fortune

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.

3 Early-Stage Tech Plays That Could Create Generational Wealth

Astera Labs: Emphasizing The Data Bottleneck Remover Role In Gen AI

For those looking for an alternative way to invest in Gen AI, Astera Labs trades at a much lower price to sales than Nvidia. The reason is the traction it is seeing for its connectivity products, which allows hyperscalers to derive the most performance out of the semiconductor giant's GPUs. However, there are risks mainly related to technological changes and competitors could become more aggressive.

Astera Labs: Emphasizing The Data Bottleneck Remover Role In Gen AI

Astera Labs Set to Strengthen Global Footprint with Expansion into India

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs set to enter India to support rapid growth as a leader in purpose-built connectivity solutions for AI and cloud infrastructure.

Astera Labs Set to Strengthen Global Footprint with Expansion into India

Astera Labs Appoints Bethany Mayer to Board of Directors

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Bethany Mayer to its Board of Directors. Mayer brings over 30 years of experience as a visionary leader and board member at networking, cybersecurity, and semiconductor companies. “Bethany brings a wide range of technology and leadership experiences at both global corporations and tech start-ups.

Astera Labs Appoints Bethany Mayer to Board of Directors

Zacks Investment Research

Astera Labs, Inc. (ALAB) Stock Falls Amid Market Uptick: What Investors Need to Know

The latest trading day saw Astera Labs, Inc. (ALAB) settling at $64.57, representing a -0.86% change from its previous close.

Astera Labs, Inc. (ALAB) Stock Falls Amid Market Uptick: What Investors Need to Know

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