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Stocks/Information Technology/Semiconductors

Astera LabsALAB

Semiconductors
High qualityPricier than peers
$258.70−10.93%After hours: $260.00 (+0.50%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 49.0% over 1 year
Astera Labs over 1 yearDaily close, $, to 30 Oct 2026
$200$400Nov2026MarMayJulSep$258.70$200$400NovMarJul$258.70
Source: Nasdaq daily closes
Market value$44.88B
Price to earnings127.4x
Forward P/E45.7x
Dividend yield–
Year to date+55.5%
One year+49.0%
Next earningsTue 3 Nov, after the close
SectorInformation Technology
52-week range (closes)
$100.27$483.02

Quality and valuation

How Astera Labs compares with other information technology stocks. A description, not a recommendation.

Astera Labs and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most information technology companies, priced above most of them.

Astera Labs trades at 45.7 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +98.5% vs +20.6%
  • Keeps more of each sale (gross margin): 75.1% vs 61.5%
  • More profitable (operating margin): 22.8% vs 17.0%
  • Turns more of its sales into cash: 23.0% vs 21.7%
ALAB trades at 45.7x forward earnings, above the sector medianForward p/e, Semiconductors peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xALAB45.7xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xALAB45.7xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Astera Labs's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 104.5% from a year earlierQuarterly revenue, $m, latest Q2 ’26
$0m$100m$200m$300mQ3 ’24Q1 ’25Q3 ’25$392mQ2 ’26$0m$200mQ3 ’24Q1 ’25Q3 ’25$392mQ2 ’26
Source: SEC filings
Growth sped up to +104.5% last quarterRevenue growth, year on year, %
0%100%200%Q3 ’24Q1 ’25Q3 ’25104.5%Q2 ’260%100%200%Q3 ’24Q1 ’25Q3 ’25104.5%Q2 ’26
Source: SEC filings
Operating margin was 22.7% last quarterOperating income as a share of revenue, %
0%10%20%Q3 ’24Q1 ’25Q3 ’2522.7%Q2 ’260%20%Q3 ’24Q1 ’25Q3 ’2522.7%Q2 ’26
Source: SEC filings
Free cash flow was $277 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$50m$100mQ3 ’24Q1 ’25Q3 ’25$67mQ2 ’26$0m$50m$100mQ3 ’24Q1 ’25Q3 ’25$67mQ2 ’26
Source: SEC filings
Last 12 monthsALABSector median
Revenue growth+98.5%+20.6%
Gross margin75.1%61.5%
Operating margin22.8%17.0%
Free cash flow margin23.0%21.7%
Price to earnings127.4x33.1x

Stories on Astera Labs

Friday, 30 October
Why it moved

AMD, Arm and Qualcomm Shares Slide After Intel's Forecast: What Happened

AMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.

AMD▼ 12.8%
Three computer chips sliding down an icy slope

Similar companies

Semiconductors, by market value.

CompanyPriceTodayYTDValue
NVDANvidia$204.64−4.22%+9.7%$4.93T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
INTCIntel$65.76−28.58%+78.2%$348B
TXNTexas Instruments$300.84−3.40%+73.4%$275B
ARMArm Holdings$205.97−9.97%+88.4%$220B