Company Profile · Technology

Astera Labs, Inc.

ALAB · US
Industry
AI Data Center Infrastructure
Exchange
US
Country
USA
IPO date
Mar 20, 2024
Employees
756
Website
www.asteralabs.com
Current Price
$417.07
Live · Jun 18, 2026
Fair Buy
≤ $200
Margin-of-safety entry
Baillie Growth Score
55/100
Medium
Intrinsic Value · Three-Tier Range Current price $417.07 Live · Above the optimistic ceiling · future growth overdrawn

Composite valuation range · conservative $130–$175 / fair $215–$265 / optimistic $300–$380. At $417.07, Above the optimistic ceiling · future growth overdrawn.

At publication $358.05 (Jun 5, 2026)

Research on this stock
Astera Labs, Inc.
ALAB · US
Watch
Astera Labs (ALAB): A Zen Horizon Report

The purest play on the AI server connectivity bottleneck, spanning four product lines (PCIe/CXL retimers, smart cable modules, CXL memory controllers, and the Scorpio fabric switch) plus the COSMOS software layer. It holds a de facto monopoly in Gen5 retimers, PCIe Gen6 already accounts for one-third of total revenue, FY2025 revenue hit $850 million (+115%), Q1 2026 reached $308 million in a single quarter (+93%), non-GAAP gross margin runs at 76%, GAAP has turned positive, and net cash sits near $1.2 billion. The business is a textbook chokehold. Rating Watch: a first-rate chokehold business priced so richly it leaves no room for any misstep.

AI Data Center Infrastructure Baillie 55 Jun 5, 2026
About the company

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.

Financial snapshot
Market cap$66.71B
Revenue (TTM)$1B
EBITDA$233.38M
Profit margin26.72%
ROE21.11%
P/E (TTM)262.97
Forward P/E131.58
EPS$1.48
52-week range$84.78 – $398.13
Analyst target$244.97
Analyst rating4.5 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

Background

History

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Industry position

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