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Astera Labs, Inc. (ALAB)

Technology | Semiconductors | San Jose, United States | NasdaqGS
289.47 USD -14.62 (-4.808%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 290.30 +0.83 (0.285%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:27 a.m. EDT

The business fundamentals are undeniably explosive, with revenue growing over 100% annually and profit margins exceeding 30%, backed by a cash-rich balance sheet and minimal debt. However, the valuation is stretched with a trailing P/E near 140x, pricing in perfection. The most critical constraint for the long-term investment thesis is the price history; with only one year of data available, it is impossible to verify the durability of this growth trajectory or the stability of the competitive moat over a full market cycle, which forces a neutral long-term stance despite the strong earnings. Short-term, the stock has corrected sharply, dropping nearly 25% in two weeks and trading below its 50-day moving average, while options activity shows heavy positioning for a bounce to the 300-400 range but significant downside protection near current levels. Investors should expect continued high volatility given the 3.8 beta and the speculative nature of the AI infrastructure demand.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.210203
MSTL0.227045
AutoTheta0.433421
AutoARIMA0.570490

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 31%
H-stat 5.18
Ljung-Box p 0.000
Jarque-Bera p 0.184
Excess Kurtosis -0.21
Attribute Value
Sector Technology
Debt to Equity Ratio 2.574
Revenue per Share 7.069
Market Cap 50,218,733,568
Trailing P/E 141.90
Forward P/E 45.28
Beta 3.84
Profit Margins 30.74%
Website https://www.asteralabs.com

As of Aug. 22, 2026, 3:27 a.m. EDT: Implied volatility is elevated at 80% ATM, indicating high uncertainty. Call buyers are establishing major option interest walls at strikes between 300 and 400, suggesting a bullish bias toward a rebound to those levels. Conversely, put sellers and buyers are clustering around the 265 to 285 range, creating a defensive floor. The mix of heavy out-of-the-money call open interest against significant near-the-money put positioning suggests speculators are betting on a volatile recovery rather than a steady grind higher.


Info Dump

Attribute Value
52 Week Change 0.7452364
Address1 2,345 North First Street
All Time High 499.476
All Time Low 36.215
Ask 293.93
Ask Size 1
Audit Risk 7
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 3,333,000
Average Daily Volume3 Month 5,109,890
Average Volume 5,109,890
Average Volume10Days 3,333,000
Beta 3.843
Bid 272.89
Bid Size 2
Board Risk 7
Book Value 9.947
City San Jose
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 289.47
Current Ratio 10.054
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 300.97
Day Low 287.0101
Debt To Equity 2.574
Display Name Astera Labs
Earnings Call Timestamp End 1,785,873,600
Earnings Call Timestamp Start 1,785,873,600
Earnings Growth 1.862
Earnings Quarterly Growth 1.989
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,736,000
Earnings Timestamp Start 1,793,736,000
Ebitda 285,396,000
Ebitda Margins 0.23745
Enterprise To Ebitda 180.614
Enterprise To Revenue 42.887
Enterprise Value 51,546,542,080
Eps Current Year 4.0322
Eps Forward 6.39348
Eps Trailing Twelve Months 2.04
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 344.3005
Fifty Day Average Change -54.830505
Fifty Day Average Change Percent -0.15925188
Fifty Two Week Change Percent 74.523636
Fifty Two Week High 499.476
Fifty Two Week High Change -210.00601
Fifty Two Week High Change Percent -0.42045265
Fifty Two Week Low 97.89
Fifty Two Week Low Change 191.58
Fifty Two Week Low Change Percent 1.9570948
Fifty Two Week Range 97.89 - 499.476
Financial Currency USD
First Trade Date Milliseconds 1,710,941,400,000
Float Shares 155,789,623
Forward Eps 6.39348
Forward P E 45.275814
Free Cashflow 91,913,128
Full Exchange Name NasdaqGS
Full Time Employees 756
Fullday Change -14.62
Fullday Change Percent -4.80779
Fullday Price 290.2958
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.75128996
Gross Profits 902,995,008
Has Pre Post Market Data 1
Held Percent Insiders 0.103240006
Held Percent Institutions 0.75913
Implied Shares Outstanding 173,485,104
Industry Semiconductors
Industry Disp Semiconductors
Industry Key semiconductors
Ipo Expected Date 2,024-03-20
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States. It offers an intelligent connectivity platform, comprised of semiconductor-based, high-speed, mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors, and COSMOS. The company provides COSMOS software suite, a connectivity system management and optimization software that enables management and optimization of resources for large fleets at cloud-scale via link, fleet, and RAS management capabilities. In addition, it offers PCIe/CXL smart DSP retimers and cable modules; ethernet smart cable modules for cloud and AI infrastructure; CXL memory connectivity controllers; and smart fabric switches. The company serves hyperscalers and system original equipment manufacturers. Astera Labs, Inc. was incorporated in 2017 and is based in San Jose, California.
Long Name Astera Labs, Inc.
Market us_market
Market Cap 50,218,733,568
Market State CLOSED
Max Age 86,400
Message Board Id finmb_558258765
Most Recent Quarter 1,782,777,600
Net Income To Common 369,494,016
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 52,755,085,275
Number Of Analyst Opinions 23
Open 297.0
Operating Cashflow 335,712,000
Operating Margins 0.22744
Overall Risk 7
Payout Ratio 0.0
Phone 408 766 3806
Post Market Change 0.82580566
Post Market Change Percent 0.28528196
Post Market Price 290.2958
Post Market Time 1,787,961,593
Previous Close 304.09
Price Eps Current Year 71.7896
Price Hint 2
Price To Book 29.101238
Price To Sales Trailing12 Months 41.782127
Profit Margins 0.30742002
Quick Ratio 9.164
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.80769
Region US
Regular Market Change -14.62
Regular Market Change Percent -4.80779
Regular Market Day High 300.97
Regular Market Day Low 287.0101
Regular Market Day Range 287.0101 - 300.97
Regular Market Open 297.0
Regular Market Previous Close 304.09
Regular Market Price 289.47
Regular Market Time 1,787,947,201
Regular Market Volume 2,618,162
Return On Assets 0.10672
Return On Equity 0.25826
Revenue Growth 1.045
Revenue Per Share 7.069
Sand P52 Week Change 0.1966995
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 173,485,104
Shares Percent Shares Out 0.0505
Shares Short 8,753,228
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 9,525,824
Short Name Astera Labs, Inc.
Short Percent Of Float 0.066199996
Short Ratio 1.91
Source Interval 15
State CA
Symbol ALAB
Target High Price 500.0
Target Low Price 190.0
Target Mean Price 389.9527
Target Median Price 425.0
Total Cash 1,252,957,952
Total Cash Per Share 7.222
Total Debt 44,413,000
Total Revenue 1,201,918,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.04
Trailing P E 141.89706
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 221.1218
Two Hundred Day Average Change 68.348206
Two Hundred Day Average Change Percent 0.30909756
Type Disp Equity
Volume 2,618,162
Website https://www.asteralabs.com
Zip 95,131