Added to YB: 2026-06-30
Pitch date: 2026-06-28
ALAB [neutral]
Astera Labs, Inc.
+13.21%
current return
Author Info
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Company Info
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.
Market Cap
$67.1B
Pitch Price
$403.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
273.61
P/E
264.85
EV/Sales
65.91
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Astera Labs, Graded
ALAB (hold): Q1 rev $308.4M (+93% YoY), 76.4% non-GAAP GM, 36.2% op margin; content/accelerator $50-100 to $1,000+. Moat via COSMOS software & Aries install base. Graded 'Confirmed' core but two Partials on supply (fabless) & demand (customer concentration, no backlog). Stock ~$380, $68B cap, 100x+ fwd P/E, 40x fwd sales vs $264 avg target—prices flawless 2027/28 fabric/optical/custom roadmap. Hold, not add; weakness if Scorpio X slips H2 ramp.
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