Date | Price Target | Rating | Analyst |
---|---|---|---|
5/22/2025 | Outperform | William Blair | |
5/16/2025 | $80.00 | Neutral | Susquehanna |
5/12/2025 | $99.00 | Equal-Weight → Overweight | Morgan Stanley |
3/14/2025 | $82.00 | Outperform | Raymond James |
1/28/2025 | $120.00 | Market Perform → Outperform | Northland Capital |
1/21/2025 | $142.00 | Overweight → Equal-Weight | Morgan Stanley |
1/2/2025 | $120.00 | Outperform → Market Perform | Northland Capital |
11/18/2024 | $120.00 | Buy | Citigroup |
9/4/2024 | $55.00 | Equal-Weight → Overweight | Morgan Stanley |
4/16/2024 | $100.00 | Outperform | Evercore ISI |
SANTA CLARA, Calif. and TAIPEI, Taiwan, June 16, 2025 (GLOBE NEWSWIRE) -- Astera Labs, a leading provider of purpose-built connectivity solutions for AI and cloud infrastructure, and Alchip Technologies, the high-performance ASIC leader, today announced a strategic partnership to advance the silicon ecosystem for next generation AI infrastructure. The collaboration combines Alchip's custom ASIC development capabilities with Astera Labs' comprehensive connectivity portfolio to deliver validated, interoperable solutions for hyperscalers building next-generation AI infrastructure. "Our vision is to be the rack-level connectivity partner for hyperscalers," said Sanjay Gajendra, president and
SANTA CLARA, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced it is collaborating with NVIDIA to provide scale-up connectivity solutions for the new NVIDIA NVLink Fusion ecosystem. "We have a long history of early engagement and industry firsts with NVIDIA, and we are excited to continue this collaboration to advance the NVLink Fusion ecosystem," said Sanjay Gajendra, President and COO, Astera Labs. "To keep pace with rapidly growing AI models which have reached trillions of parameters, AI infrastructure providers must adopt scale-up platforms that deli
SANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- Astera Labs (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will participate in the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference on May 14, 2025. Astera Labs' presentation is scheduled for 1:00 pm ET. A webcast of the session will be made available on Astera Labs' investor relations website at https://ir.asteralabs.com. About Astera Labs Astera Labs is a global leader in purpose-built connectivity solutions that unlock the full potential of AI and cloud infrastructure. Our Intelligent Connectivity Platform integrate
Record quarterly revenue of $159.4 million, up 13% QoQ and 144% YoY Strong demand for PCIe scale-up and Ethernet scale-out in custom ASIC platforms PCIe 6 connectivity portfolio poised to ramp in leading GPU-based rack-scale systems starting in Q2 SANTA CLARA, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary financial results for the first quarter of fiscal year 2025, ended March 31, 2025. "Astera Labs started the year strong, with Q1 revenue growing 13% sequentially and 144% year-over-year, and exceeding our first quarter guidance for gross
SANTA CLARA, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its upcoming webinar hosted by J.P. Morgan on Ultra Accelerator Link™ (UALink™) technology. Astera Labs is a Promoter Member of the UALink Consortium and is working closely with its UALink partners to advance an open connectivity ecosystem that will unleash the next generation of AI platforms that are performant, efficient, and scalable. Webinar: Astera Labs' Vision for Expanding Opportunities in AI Infrastructure with UALink UALink is an open, memory-semantic fabric that delivers the high ban
SANTA CLARA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its purpose-built PCIe® 6 connectivity portfolio is ramping production to fast-track deployments of modern AI platforms at scale. Now featuring gearbox connectivity solutions alongside fabric switches, retimers, and active cable modules, Astera Labs' expanding PCIe 6 portfolio provides a comprehensive connectivity platform to deliver unparalleled performance, utilization, and scalability for next-generation AI and general-compute systems. Along with Astera Labs' demonstrated PCIe 6 connectivity
SANTA CLARA, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the first quarter 2025 after the close of market on Tuesday, May 6, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:May 6, 2025 Time:1:30 pm PT / 4:30 pm ET Hosts:Jitendra Mohan, Chief Executive OfficerSanjay Gajendra, President and Chief Operating OfficerMike Tate, Chief Financial Officer Dial-in:(800) 715-9871Conference ID: 5908687 Webcast:https://ir
SANTA CLARA, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its Scorpio Smart Fabric Switches for PCIe® 6-ready NVIDIA Blackwell-based MGX™ platforms will deliver leading performance through a modular design that scales across different NVIDIA MGX configurations. Additionally, Astera Labs empowers customers to perform in-house testing through its accelerated test and interop development kit, featuring whitepapers, reference designs, comprehensive SDKs, simulation models, and extensive interoperability and performance testing in the Cloud-Scale Interop
SANTA CLARA, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the expansion of its Cloud-Scale Interop Lab to accelerate time-to-market of PCIe® 6.x AI platforms powered by Scorpio Smart Fabric Switches. Rigorous interoperability and performance testing of Scorpio P-Series Fabric Switches with a wide-range of PCIe 6.x exercisers, analyzers, GPUs, CPUs, NICs, SSDs, and Switches across multiple PCIe generations and topologies enables customers to design with confidence, minimize interoperation risk, and reduce overall development time and costs. Chris Pet
SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt is a seasoned technology industry veteran with decades of experience as an impactful leader and board member at networking, semiconductor, and medical device companies. "Craig's proven track record of scaling high-growth technology companies and driving breakthrough innovations at industry leaders like Atheros, Google, and Qualcomm makes him an invaluable addition to Astera Labs' Board of Directors," said Jitendra Moh
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