YOLFTbeta
Astera Labs, Inc.

Astera Labs, Inc.

ALAB · NASDAQ · Technology / Semiconductors

221.83USD-5.96 (-2.62%)

Price History

Full chart

Market Stats

Previous Close227.79
Open223.86
Day Range209.49 – 230.00
52-Week Range97.89 – 499.48
Volume4.07M
Market Cap44.61B
P/E (TTM)126.68
Forward P/E107.53
EPS2.03
Dividend Yield0.00%
Beta3.69
50-Day Avg310.76
200-Day Avg252.50

About

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.

Company Details

  • SectorTechnology
  • IndustrySemiconductors
  • CEOMr. Jitendra Mohan
  • Employees756
  • Headquarters2345 North First Street, San Jose, CA, United States, 95131, USA
  • Websitehttps://www.asteralabs.com

Leadership

  • Mr. Jitendra MohanCo-Founder, CEO & Executive Director · b. 1974
  • Mr. Sanjay GajendraCo-Founder, President, COO & Director · b. 1975
  • Mr. Philip MazzaraGeneral Counsel & Secretary · b. 1979
  • Mr. Casey MorrisonCo-Founder & Chief Product Officer
  • Mr. Desmond LynchChief Financial Officer · b. 1980
  • Ms. Germaine CotaChief Accounting Officer & Principal Accounting Officer · b. 1982
  • Mr. Nicholas H. AberleSenior VP of Finance, Treasurer & Investor Relations
  • Ms. Andrea NietoChief Human Resources Officer · b. 1972
  • Mr. Thad OmuraSenior VP & GM of Compute Connectivity Group · b. 1975
  • Mr. Kalyan MulamSenior Vice President of ASIC Engineering

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue79.87M115.79M396.29M852.52M
Growth (%)-+44.97%+242.24%+115.13%
Cost of Revenue21.19M35.97M93.59M207.26M
Gross Profit58.68M79.83M302.70M645.26M
Gross Margin73.47%68.94%76.38%75.69%
Operating Expense118.88M109.32M418.76M471.84M
Operating Income-60.19M-29.50M-116.07M173.42M
Operating Margin-75.36%-25.47%-29.29%20.34%
EBITDA-56.77M-21.17M-78.62M224.98M
EBITDA Margin-71.08%-18.28%-19.84%26.39%
Net Income-58.34M-26.26M-83.42M219.13M
Net Income Margin-73.05%-22.68%-21.05%25.70%
R&D73.71M73.41M200.83M304.00M
R&D as % of Total Revenue92.29%63.39%50.68%35.66%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets211.73M196.29M1.05B1.53B
Total Liabilities297.02M38.87M89.71M168.19M
Total Equity-85.29M157.43M964.80M1.36B
Cash76.09M45.10M79.55M167.61M
Total Debt1.60M2.93M1.29M35.15M
Net Debt-74.49M-42.16M-78.27M-132.46M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-35.90M-12.72M136.68M319.31M
Investing Cash Flow-90.59M-17.77M-757.57M-241.47M
Financing Cash Flow151.67M-502.00K655.84M9.80M
Capital Expenditure3.87M2.76M34.24M37.54M
Free Cash Flow-39.77M-15.48M102.43M281.76M
FCF to OCF110.79%121.71%74.94%88.24%

Earnings

Report DateFeb 28, 2024May 7, 2024Aug 6, 2024Nov 4, 2024Feb 10, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 10, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.070.110.170.260.280.320.390.510.540.420.83
EPS Actual0.120.270.130.230.370.330.440.490.580.610.49-
Surprise-285.71%18.18%35.29%42.31%17.86%37.50%25.64%13.73%12.96%16.67%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap44.61B
Enterprise Value33.93B
Trailing P/E126.68
Forward P/E107.53
Price / Sales37.12
Price / Book30.68
EPS2.03
Book Value9.95
Revenue (TTM)1.20B
Gross Profit (TTM)903.00M
EBITDA285.40M
Profit Margin30.74%
Operating Margin22.74%
Return on Equity25.83%
Return on Assets10.67%
Shares Outstanding173.49M
Shares Float156.00M
Beta3.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 26 analystsTarget 388.36
  • Strong Buy
    11
  • Buy
    7
  • Hold
    8

Ownership Breakdown

Institutions
75.58%
Insiders
10.32%
Retail / Other
14.10%

Top Institutional Holders

  • FMR Inc
    24.85M14.32%
  • BlackRock Inc
    13.68M7.89%
  • Vanguard Portfolio Management, LLC
    7.89M4.55%
  • Vanguard Capital Management, LLC
    6.73M3.88%
  • Amvescap Plc.
    4.91M2.83%
  • State Street Corp
    3.68M2.12%
  • Geode Capital Management, LLC
    2.80M1.61%
  • T. Rowe Price Associates, Inc.
    2.41M1.39%
  • Van Eck Associates Corporation
    2.24M1.29%
  • Bank of America Corp
    2.20M1.27%
  • JPMorgan Chase & Co
    1.78M1.02%
  • Morgan Stanley - Brokerage Accounts
    1.69M0.97%

Top Fund Holders

  • Fidelity Select Semiconductors
    7.04M4.06%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.96M2.86%
  • Invesco QQQ Trust
    3.62M2.09%
  • iShares Semiconductor ETF
    3.37M1.94%
  • Vanguard MStar Mid Cap Index Instl
    3.34M1.93%
  • VanEck Semiconductor ETF
    2.37M1.36%
  • Vanguard MStar Growth Index Investor
    1.94M1.12%
  • Fidelity Blue Chip Growth
    1.81M1.05%