Professional
Added to YB: 2025-02-24
Pitch date: 2024-12-31
ALAB [bullish]
Astera Labs, Inc.
+1.8%
current return
Author Info
No bio for this author
Company Info
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.
Market Cap
$24.5B
Pitch Price
$130.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
127.09
P/E
117.80
EV/Sales
27.34
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Alger Small Cap Focus Fund Portfolio Holding: Astera Labs, Inc.
ALAB: Semiconductor co. for data-centric systems. Q3 beat on revenue & margins across all segments. Q4 guidance raised on product ramps & customer base growth. High profitability, industry-leading margins. Strong ties to cloud/AI providers. Well-positioned in fast-growing markets with ICP & PSSP offerings.
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