ALAB Astera Labs, Inc. - Common Stock
$287.13
Price · Aug 19, 2026
Fundamentals as of Aug 5, 2026
52W Range
$98–$499
47% of range
Analyst Rating
BUY
29 analysts
Price Target
$392
+36% upside
P/E (TTM)
236.9
ROE
17.5%
Net Profit Margin
25.7%
ALAB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$287.13
Market Cap
$49.18B
P/E (TTM)
236.9
EPS (TTM)
$1.22
Revenue (TTM)
$853M
Div Yield
—
ROE
17.5%
Debt/Equity
—
52W Range
$98 – $499
ALAB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$853M
2022-12-31
→
2025-12-31
EPS
$1.22
2022-12-31
→
2025-12-31
Free Cash Flow
$282M
2024-12-31
→
2025-12-31
Margins
25.7%
2024-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
ALAB
Peer Median
P/E (TTM)
236.9
87.1
P/S (TTM)
57.7
20.5
P/B
36.1
6.3
Price / FCF
174.5
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
ALAB
Peer Median
Gross Margin
75.7%
55.4%
Operating Margin
20.3%
—
Net Profit Margin
25.7%
19.8%
ROA
17.0%
10.6%
ROE
17.5%
15.6%
ROIC
12.8%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
ALAB
Peer Median
Current Ratio
10.2
3.7
Quick Ratio
1.9
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
ALAB
Peer Median
Revenue YoY
115.1%
—
Revenue CAGR 3Y
120.2%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
ALAB
Peer Median
ALAB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
29 analysts
- Strong Buy 7 24.1%
- Buy 13 44.8%
- Hold 9 31.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
22 analysts · 2026-08-18
Median
$425.00
Mean
$391.77
Now
$287.13
Low
$190.00
High
$500.00
Median target
$425.00
+48.0%
Mean target
$391.77
+36.4%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.08%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.80 | $0.71 | 0.09% |
| March 31, 2026 | $0.61 | $0.55 | 0.06% |
| Dec. 31, 2025 | $0.58 | $0.52 | 0.06% |
| Sept. 30, 2025 | $0.49 | $0.40 | 0.09% |
| June 30, 2025 | $0.44 | $0.33 | 0.11% |
| March 31, 2025 | $0.33 | $0.29 | 0.04% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ALAB | $28.31B | 136.4 | 115.1% | 25.7% | 17.5% | 75.7% |
| MRVL | $68.75B | 26.4 | 42.1% | 32.6% | 19.3% | 51.0% |
| ADI | $114.64B | 51.3 | 16.9% | 20.6% | 6.6% | 61.5% |
| QCOM | $181.72B | 33.8 | 13.7% | 12.5% | 22.7% | — |
| MPWR | $44.15B | 70.5 | 26.4% | 22.3% | 18.0% | 55.2% |
| MRVL | $68.75B | 26.4 | 42.1% | 32.6% | 19.3% | 51.0% |
| CBRS | — | — | — | — | — | — |
| MCHP | $35.02B | 293.7 | 7.1% | 4.9% | 3.5% | 57.7% |
| ON | $21.48B | 186.7 | -15.3% | 2.0% | 1.5% | 33.1% |
| GFS | — | — | — | — | — | — |
| FSLR | $28.03B | 18.4 | 24.1% | 29.3% | 16.9% | 40.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $853M | $396M | $116M | $80M | |
| Cost of Revenue | $207M | $94M | $36M | $21M | |
| Gross Profit | $645M | $303M | $80M | $59M | |
| R&D Expense | $304M | $201M | $73M | $74M | |
| SG&A Expense | $88M | $94M | $16M | $21M | |
| Operating Expenses | $472M | $419M | $109M | $119M | |
| Operating Income | $173M | $-116M | $-29M | $-60M | |
| Interest Income | $45M | $34M | $7M | $3M | |
| Pretax Income | $218M | $-82M | $-23M | $-58M | |
| Income Tax | $-981.0K | $2M | $3M | $764.0K | |
| Net Income | $219M | $-83M | $-26M | $-58M | |
| EPS (Basic) | $1.32 | $-0.64 | $-0.71 | $-1.71 | |
| EPS (Diluted) | $1.22 | $-0.64 | $-0.71 | $-1.71 | |
| Shares (Basic) | 166,408,000 | 131,262,000 | 37,131,000 | 34,171,000 | |
| Shares (Diluted) | 179,551,000 | 131,262,000 | 37,131,000 | 34,171,000 | |
| EBITDA | $173M | $-116M | · | · |
Balance Sheet 25
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Cash & Equivalents | $168M | $80M | $45M | · | |
| Receivables | $83M | $39M | $8M | · | |
| Inventory | $59M | $43M | $24M | · | |
| Prepaid Expense | $31M | $17M | $4M | · | |
| Other Current Assets | $24M | · | $686.0K | · | |
| Current Assets | $1.36B | $1.01B | $186M | · | |
| PP&E (Net) | $92M | $36M | $5M | · | |
| PP&E (Gross) | $104M | $41M | $7M | · | |
| Accum. Depreciation | $12M | $6M | $3M | · | |
| Goodwill | $19M | · | · | · | |
| Other Non-current Assets | $59M | $6M | $6M | · | |
| Total Assets | $1.53B | $1.05B | $196M | · | |
| Accounts Payable | $42M | $27M | $6M | · | |
| Accrued Liabilities | $91M | $60M | $29M | · | |
| Current Liabilities | $133M | $87M | $35M | · | |
| Capital Leases | $27M | $2M | $778.0K | · | |
| Other Non-current Liabilities | $35M | $3M | $4M | · | |
| Total Liabilities | $168M | $90M | $39M | · | |
| Common Stock | $17.0K | $16.0K | $4.0K | · | |
| Paid-in Capital | $1.35B | $1.17B | $27M | · | |
| Retained Earnings | $10M | $-209M | $-125M | · | |
| AOCI | $4M | $426.0K | $259.0K | · | |
| Stockholders' Equity | $1.36B | $965M | $-98M | $-85M | |
| Liabilities + Equity | $1.53B | $1.05B | $196M | · | |
| Shares Outstanding | 170,186,000 | 162,018,000 | 42,046,000 | 40,629,000 |
Cash Flow 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| D&A | $7M | $3M | $2M | · | |
| Stock-based Comp | $160M | $235M | $11M | $30M | |
| Deferred Tax | $19.0K | $0 | $0 | $0 | |
| Operating Cash Flow | $319M | $137M | $-13M | $-36M | |
| CapEx | $38M | $34M | $3M | $4M | |
| Investing Cash Flow | $-241M | $-758M | $-18M | $-91M | |
| Stock Repurchased | $0 | $1M | $210.0K | $313.0K | |
| Net Stock Activity | $0 | $-1M | · | · | |
| Financing Cash Flow | $10M | $656M | $-502.0K | $152M | |
| Net Change in Cash | $88M | $35M | $-31M | $25M | |
| Taxes Paid | $2M | $8M | $2M | $0 | |
| Free Cash Flow | $282M | $102M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Gross Margin | 75.7% | 76.4% | · | · | |
| Operating Margin | 20.3% | -29.3% | · | · | |
| Net Margin | 25.7% | -21.1% | · | · | |
| Pretax Margin | 25.6% | -20.6% | · | · | |
| EBITDA Margin | 20.3% | -29.3% | · | · | |
| ROA | 17.0% | -13.3% | · | · | |
| ROE | 17.5% | -9.0% | · | · | |
| ROIC | 12.8% | -12.3% | · | · |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Current Ratio | 10.2 | 11.7 | · | · | |
| Quick Ratio | 1.9 | 1.4 | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.6 | · | · | |
| Inventory Turnover | 4.1 | 2.8 | · | · | |
| Receivables Turnover | 14.0 | 16.8 | · | · |
Growth Rates 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue YoY | 115.1% | 242.2% | 45.0% | · | |
| Revenue CAGR 3Y | 120.2% | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue TTM | $853M | $396M | · | · | |
| Net Income TTM | $219M | $-83M | · | · | |
| Market Cap | $28.31B | $21.46B | · | · | |
| P/E | 136.4 | -207.0 | · | · | |
| P/S | 33.2 | 54.2 | · | · | |
| P/B | 20.8 | 22.2 | · | · | |
| P / Tangible Book | 20.8 | 22.2 | · | · | |
| P / Cash Flow | 88.7 | 157.0 | · | · | |
| P / FCF | 100.5 | 209.5 | · | · | |
| Earnings Yield | 0.73% | -0.48% | · | · |
Income Statement 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $392M | $308M | $271M | $231M | $192M | $159M | $141M | $113M | $77M | $65M | $51M | $37M | $11M | $18M | |
| Cost of Revenue | $105M | $73M | $66M | $55M | $46M | $40M | $37M | $25M | $17M | $15M | $11M | $9M | $2M | $13M | |
| Gross Profit | $288M | $235M | $204M | $176M | $146M | $119M | $104M | $88M | $60M | $51M | $39M | $28M | $8M | $4M | |
| R&D Expense | $136M | $126M | $94M | $79M | $67M | $65M | $57M | $51M | $40M | $54M | $20M | $21M | $18M | $15M | |
| SG&A Expense | $36M | $26M | $24M | $22M | $20M | $22M | $25M | $23M | $22M | $24M | $5M | $4M | $3M | $4M | |
| Operating Expenses | $198M | $173M | $138M | $120M | $106M | $108M | $104M | $97M | $84M | $133M | $30M | $30M | $26M | $23M | |
| Operating Income | $89M | $62M | $67M | $55M | $40M | $11M | $144.0K | $-9M | $-24M | $-83M | $9M | $-2M | $-18M | $-19M | |
| Interest Income | · | $12M | $12M | $11M | $11M | $10M | $11M | $11M | $10M | $3M | $2M | $2M | $2M | $2M | |
| Pretax Income | $103M | $73M | $79M | $67M | $51M | $22M | $11M | $2M | $-14M | $-80M | $11M | $-253.0K | $-16M | $-17M | |
| Income Tax | $-50M | $-7M | $34M | $-24M | $-560.0K | $-10M | $-14M | $10M | $-7M | $13M | $-4M | $3M | $4M | $123.0K | |
| Net Income | $153M | $80M | $45M | $91M | $51M | $32M | $25M | $-8M | $-8M | $-93M | $14M | $-3M | $-20M | $-17M | |
| EPS (Basic) | $0.89 | $0.47 | $0.28 | $0.54 | $0.31 | $0.19 | $1.23 | $-0.05 | $-0.05 | $-1.77 | $0.41 | $-0.08 | $-0.55 | $-0.49 | |
| EPS (Diluted) | $0.83 | $0.44 | $0.25 | $0.50 | $0.29 | $0.18 | $1.23 | $-0.05 | $-0.05 | $-1.77 | $0.41 | $-0.08 | $-0.55 | $-0.49 | |
| Shares (Basic) | 172,378,000 | 170,726,000 | -329,650,000 | 167,436,000 | 165,428,000 | 163,194,000 | -233,300,000 | 156,831,000 | 155,199,000 | 52,532,000 | -72,732,000 | 37,470,000 | 36,567,000 | 35,826,000 | |
| Shares (Diluted) | 183,340,000 | 181,157,000 | -357,296,000 | 180,631,000 | 178,100,000 | 178,116,000 | -233,300,000 | 156,831,000 | 155,199,000 | 52,532,000 | -72,732,000 | 37,470,000 | 36,567,000 | 35,826,000 | |
| EBITDA | $93M | $66M | · | $57M | $41M | $12M | · | $-9M | $-24M | $-83M | · | · | · | · |
Balance Sheet 25
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $111M | $148M | $168M | $140M | $162M | $86M | $80M | $126M | $421M | $696M | · | · | · | · | |
| Receivables | $192M | $135M | $83M | $43M | $24M | $70M | $39M | $25M | $22M | $17M | · | · | · | · | |
| Inventory | $114M | $60M | $59M | $52M | $59M | $51M | $43M | $24M | $29M | $30M | · | · | · | · | |
| Prepaid Expense | $93M | $34M | $31M | $61M | $33M | $30M | $17M | $9M | $9M | $7M | · | · | · | · | |
| Other Current Assets | $32M | · | · | · | · | · | · | · | · | $835.0K | · | · | · | · | |
| Current Assets | $1.65B | $1.41B | $1.36B | $1.29B | $1.18B | $1.08B | $1.01B | $946M | $891M | $854M | · | · | · | · | |
| PP&E (Net) | $119M | $97M | $92M | $72M | $62M | $39M | $36M | $35M | $22M | $8M | · | · | · | · | |
| PP&E (Gross) | $139M | $113M | $104M | $81M | $69M | $46M | $41M | $40M | $26M | $11M | · | · | · | · | |
| Accum. Depreciation | $19M | $15M | $12M | $9M | $7M | $7M | $6M | $5M | $4M | $3M | · | · | · | · | |
| Goodwill | $92M | $88M | · | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $69M | $61M | $78M | $39M | $29M | $6M | $6M | $2M | $2M | $3M | · | · | · | · | |
| Total Assets | $1.93B | $1.66B | $1.53B | $1.40B | $1.27B | $1.12B | $1.05B | $983M | $916M | $865M | · | · | · | · | |
| Accounts Payable | $54M | $56M | $42M | $26M | $32M | $30M | $27M | $19M | $15M | $11M | · | · | · | · | |
| Accrued Liabilities | $110M | $69M | $91M | $75M | $75M | $48M | $60M | $69M | $49M | $34M | · | · | · | · | |
| Current Liabilities | $164M | $125M | $133M | $101M | $106M | $77M | $87M | $88M | $64M | $46M | · | · | · | · | |
| Capital Leases | $38M | $36M | $27M | $27M | $28M | · | $2M | · | · | · | · | · | · | · | |
| Other Non-current Liabilities | $41M | $40M | $35M | $28M | $29M | $3M | $3M | $5M | $6M | $11M | · | · | · | · | |
| Total Liabilities | $206M | $165M | $168M | $129M | $136M | $80M | $90M | $93M | $70M | $56M | · | · | · | · | |
| Common Stock | $17.0K | $17.0K | $17.0K | $17.0K | $17.0K | $16.0K | $16.0K | $16.0K | $16.0K | $16.0K | · | · | · | · | |
| Paid-in Capital | $1.49B | $1.40B | $1.35B | $1.30B | $1.26B | $1.22B | $1.17B | $1.12B | $1.07B | $1.03B | · | · | · | · | |
| Retained Earnings | $244M | $91M | $10M | $-35M | $-126M | $-177M | $-209M | $-234M | $-226M | $-218M | · | · | · | · | |
| AOCI | $-3M | $-780.0K | $4M | $4M | $3M | $2M | $426.0K | $4M | $-352.0K | $-59.0K | · | · | · | · | |
| Stockholders' Equity | $1.73B | $1.49B | $1.36B | $1.27B | $1.14B | $1.04B | $965M | $890M | $845M | $809M | $-98M | · | · | · | |
| Liabilities + Equity | $1.93B | $1.66B | $1.53B | $1.40B | $1.27B | $1.12B | $1.05B | $983M | $916M | $865M | · | · | · | · | |
| Shares Outstanding | 173,485,000 | 171,277,000 | 170,186,000 | 168,903,000 | 166,211,000 | 164,907,000 | 162,018,000 | 158,561,000 | 156,656,000 | 155,471,000 | 42,046,000 | · | · | · |
Cash Flow 9
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $4M | $4M | · | $2M | $1M | $1M | · | $800.0K | $700.0K | $614.0K | · | · | · | · | |
| Stock-based Comp | $64M | $49M | $41M | $41M | $35M | $42M | $48M | $46M | $43M | $98M | $3M | $3M | $3M | $2M | |
| Other Non-cash | · | $-58M | · | · | · | $-65M | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $88M | $75M | $95M | $78M | $135M | $11M | $40M | $64M | $30M | $4M | $14M | $-334.0K | $-23M | $-4M | |
| CapEx | $20M | $8M | $19M | $12M | $2M | $5M | $15M | $17M | $-1M | $3M | $1M | $736.0K | $575.0K | $439.0K | |
| Investing Cash Flow | $-132M | $-94M | $-73M | $-101M | $-64M | $-4M | $-91M | $-359M | $-302M | $-4M | $-6M | $-56M | $9M | $35M | |
| Financing Cash Flow | $7M | $82.0K | $4M | $952.0K | $5M | $386.0K | $6M | $952.0K | $-2M | $652M | $-1M | $644.0K | $-118.0K | $31.0K | |
| Net Change in Cash | $-37M | $-19M | $26M | $-22M | $76M | $7M | $-46M | $-295M | $-275M | $651M | $7M | $-56M | $-14M | $32M | |
| Free Cash Flow | · | $67M | · | · | · | $6M | · | · | · | $228.0K | · | · | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.3% | 76.3% | · | 76.2% | 75.8% | 74.9% | · | 77.7% | 77.9% | 77.4% | · | · | · | · | |
| Operating Margin | 22.7% | 20.1% | · | 24.0% | 20.7% | 7.1% | · | -7.9% | -31.7% | -127.1% | · | · | · | · | |
| Net Margin | 39.0% | 26.0% | · | 39.5% | 26.7% | 20.0% | · | -6.7% | -9.8% | -142.5% | · | · | · | · | |
| Pretax Margin | 26.2% | 23.8% | · | 29.0% | 26.4% | 13.6% | · | 1.8% | -18.3% | -123.2% | · | · | · | · | |
| EBITDA Margin | 23.7% | 21.2% | · | 24.7% | 21.4% | 7.8% | · | -7.9% | -31.7% | -127.1% | · | · | · | · | |
| ROA | 9.6% | 5.8% | · | 7.6% | 4.7% | 3.2% | · | -1.5% | -1.7% | -21.5% | · | · | · | · | |
| ROE | 10.7% | 6.3% | · | 8.4% | 5.2% | 3.4% | · | -1.7% | -1.8% | -23.0% | · | · | · | · | |
| ROIC | 7.7% | 4.5% | · | 5.9% | 3.5% | 1.6% | · | 3.8% | -1.5% | -11.9% | · | · | · | · |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.1 | 11.3 | · | 12.8 | 11.1 | 13.9 | · | 10.7 | 13.9 | 18.7 | · | · | · | · | |
| Quick Ratio | 1.8 | 2.3 | · | 1.8 | 1.8 | 2.0 | · | 1.7 | 6.9 | 15.6 | · | · | · | · |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | · | · | · | |
| Inventory Turnover | 1.2 | 1.3 | · | 1.4 | 1.1 | 1.0 | · | 2.1 | 1.2 | 1.0 | · | · | · | · | |
| Receivables Turnover | 3.6 | 3.0 | · | 6.8 | 8.2 | 3.7 | · | 8.9 | 6.9 | 7.8 | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.12B | $890M | · | $695M | $541M | $415M | · | $292M | $190M | $131M | · | · | · | · | |
| Net Income TTM | $376M | $254M | · | $167M | $68M | $-76M | · | $-111M | $-124M | $-134M | · | · | · | · | |
| Market Cap | $83.80B | $18.77B | · | $33.07B | $15.03B | $9.84B | · | $8.31B | $9.48B | $11.53B | · | · | · | · | |
| P/E | 234.5 | 77.7 | · | 212.8 | 244.4 | -35.3 | · | -26.9 | -24.7 | -25.7 | · | · | · | · | |
| P/S | 74.6 | 21.1 | · | 47.6 | 27.8 | 23.7 | · | 28.4 | 50.0 | 88.4 | · | · | · | · | |
| P/B | 48.6 | 12.6 | · | 26.0 | 13.2 | 9.4 | · | 9.3 | 11.2 | 14.3 | · | · | · | · | |
| P / Tangible Book | 51.3 | 13.3 | · | 26.0 | 13.2 | 9.4 | · | 9.3 | 11.2 | 14.3 | · | · | · | · | |
| P / Cash Flow | · | 251.6 | · | · | · | 936.8 | · | · | · | 3158.4 | · | · | · | · | |
| P / FCF | · | 280.1 | · | · | · | 1649.6 | · | · | · | 50589.4 | · | · | · | · | |
| Earnings Yield | 0.43% | 1.3% | · | 0.47% | 0.41% | -2.8% | · | -3.7% | -4.0% | -3.9% | · | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue | $853M | $396M | $116M | $80M |
| Gross Margin % | 75.7% | 76.4% | — | — |
| Operating Margin % | 20.3% | -29.3% | — | — |
| Net Income | $219M | $-83M | $-26M | $-58M |
| Diluted EPS | $1.22 | $-0.64 | $-0.71 | $-1.71 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Current Ratio | 10.2 | 11.7 | — | — |
| Quick Ratio | 1.9 | 1.4 | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Free Cash Flow | $282M | $102M | — | — |
Latest News Recent headlines mentioning this company
- Astera Labs vs. Arista Networks: Which Tech Stock Is a Better Buy in 2026?
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- Astera Labs vs. Navitas Semiconductor: What the Revenue Trajectories of These Artificial Intelligence Companies Reveal to Investors.
- Key Role in AI Infrastructure Buildout Bolsters Astera Labs (ALAB) in Q2
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- Stifel Maintains a Buy Rating on Astera Labs (ALAB)
- Why Astera Labs Rocketed Higher in May
- Jim Cramer on Astera Labs: “I Say You Hold On”
- Astera Labs (ALAB) Touted To Solve Big AI Bottleneck
- Here’s Why Artisan Mid Cap Fund Reduced Its Holdings in Astera Labs (ALAB)
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Institutional owners (13F) 1,086 filers · $43.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 388 (+237 vs prior Q) | 73 (-46 vs prior Q) | 285 (+9 vs prior Q) | 269 (+46 vs prior Q) | +16.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| FMR LLC | $9,842,902,345 | 20,377,836 | 22.52% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3,809,892,703 | 7,887,650 | 8.72% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $3,249,318,529 | 6,727,089 | 7.43% | Shares |
| STATE STREET CORP | $1,776,592,481 | 3,678,093 | 4.06% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,177,506,900 | 2,445,121 | 2.69% | Shares |
| JANE STREET GROUP, LLC | $1,071,773,078 | 2,218,900 | 2.45% | Call option |
| JANE STREET GROUP, LLC | $1,039,169,228 | 2,151,400 | 2.38% | Put option |
| VAN ECK ASSOCIATES CORP | $1,010,453,689 | 2,091,950 | 2.31% | Shares |
| Whale Rock Capital Management LLC | $757,318,364 | 1,567,882 | 1.73% | Shares |
| BANK OF AMERICA CORP /DE/ | $714,610,218 | 1,479,463 | 1.63% | Shares |
| NORGES BANK | $692,818,288 | 1,434,347 | 1.58% | Shares |
| Rafferty Asset Management, LLC | $638,271,805 | 1,321,419 | 1.46% | Shares |
| FRED ALGER MANAGEMENT, LLC | $620,120,397 | 1,283,840 | 1.42% | Shares |
| Atreides Management, LP | $587,736,321 | 1,216,795 | 1.34% | Shares |
| BARCLAYS PLC | $516,595,686 | 1,069,512 | 1.18% | Shares |
| MAVERICK CAPITAL LTD | $515,486,189 | 1,067,215 | 1.18% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $427,392,519 | 884,834 | 0.98% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $414,086,420 | 857,286 | 0.95% | Shares |
| GOLDMAN SACHS GROUP INC | $412,025,384 | 853,019 | 0.94% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $382,735,388 | 792,380 | 0.88% | Shares |
| D. E. Shaw & Co., Inc. | $328,597,540 | 680,298 | 0.75% | Shares |
| Capital World Investors | $297,720,969 | 616,374 | 0.68% | Shares |
| MILLENNIUM MANAGEMENT LLC | $291,980,277 | 604,489 | 0.67% | Shares |
| FIRST TRUST ADVISORS LP | $280,483,666 | 580,688 | 0.64% | Shares |
| Value Aligned Research Advisors, LLC | $274,507,994 | 568,316 | 0.63% | Shares |
| Clear Street Group Inc. | $260,450,180 | 539,212 | 0.60% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $254,744,748 | 527,400 | 0.58% | Shares |
| 1832 Asset Management L.P. | $218,228,436 | 451,800 | 0.50% | Shares |
| Swiss National Bank | $185,462,291 | 383,964 | 0.42% | Shares |
| TUDOR INVESTMENT CORP ET AL | $174,370,220 | 361,000 | 0.40% | Shares |
| Capital Impact Advisors, LLC | $168,388,983 | 348,617 | 0.39% | Shares |
| Strategy Capital LLC | $165,356,101 | 342,338 | 0.38% | Shares |
| Valliance Asset Management Ltd | $162,850,193 | 337,150 | 0.37% | Shares |
| NEUBERGER BERMAN GROUP LLC | $159,340,459 | 331,269 | 0.36% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $155,976,335 | 322,919 | 0.36% | Shares |
| Squarepoint Ops LLC | $153,217,808 | 317,208 | 0.35% | Shares |
| Qube Research & Technologies Ltd | $150,430,783 | 311,438 | 0.34% | Shares |
| AMERICAN CENTURY COMPANIES INC | $146,582,079 | 303,470 | 0.34% | Shares |
| Walleye Trading LLC | $143,263,732 | 296,600 | 0.33% | Call option |
| VANGUARD ASSET MANAGEMENT, Ltd | $141,360,150 | 292,659 | 0.32% | Shares |
| FEDERATED HERMES, INC. | $140,586,352 | 291,057 | 0.32% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $139,641,082 | 289,100 | 0.32% | Call option |
| VANGUARD GROUP INC | $137,090,622 | 824,060 | 0.31% | Shares |
| AMAZON COM INC | $134,171,847 | 277,777 | 0.31% | Shares |
| Artisan Partners Limited Partnership | $132,495,083 | 274,306 | 0.30% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $131,618,603 | 272,491 | 0.30% | Shares |
| Artisan Partners Limited Partnership | $127,420,676 | 263,800 | 0.29% | Call option |
| California Public Employees Retirement System | $124,705,138 | 258,178 | 0.29% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $124,475,220 | 257,702 | 0.28% | Shares |
| Stephens Investment Management Group LLC | $123,168,168 | 254,996 | 0.28% | Shares |
| GOLDMAN SACHS GROUP INC | $122,687,080 | 254,000 | 0.28% | Call option |
| Analog Century Management LP | $122,503,049 | 253,619 | 0.28% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $120,416,534 | 249,299 | 0.28% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $117,634,208 | 243,539 | 0.27% | Shares |
| Artisan Partners Limited Partnership | $115,538,384 | 239,200 | 0.26% | Put option |
| ALLIANCEBERNSTEIN L.P. | $111,464,077 | 1,017,008 | 0.25% | Shares |
| Walleye Trading LLC | $106,795,722 | 221,100 | 0.24% | Put option |
| WOLVERINE TRADING, LLC | $104,926,640 | 527,800 | 0.24% | Call option |
| VICTORY CAPITAL MANAGEMENT INC | $104,663,672 | 216,686 | 0.24% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $102,175,732 | 211,536 | 0.23% | Shares |
| National Pension Service | $101,153,082 | 209,418 | 0.23% | Shares |
| BlackRock, Inc. | $100,587,466 | 208,247 | 0.23% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $97,920,230 | 202,725 | 0.22% | Shares |
| ALKEON CAPITAL MANAGEMENT LLC | $96,604,000 | 200,000 | 0.22% | Shares |
| AMERIPRISE FINANCIAL INC | $95,817,264 | 198,371 | 0.22% | Shares |
| E Fund Management Co., Ltd. | $95,095,529 | 196,877 | 0.22% | Shares |
| Driehaus Capital Management LLC | $94,004,869 | 194,619 | 0.22% | Shares |
| PEAK6 LLC | $91,822,102 | 190,100 | 0.21% | Put option |
| Defiance ETFs, LLC | $91,736,557 | 212,915 | 0.21% | Shares |
| RHUMBLINE ADVISERS | $88,524,948 | 183,274 | 0.20% | Shares |
| SALEM INVESTMENT COUNSELORS INC | $86,416,143 | 178,908 | 0.20% | Shares |
| WT Asset Management Ltd | $86,320,987 | 178,711 | 0.20% | Shares |
| Squarepoint Ops LLC | $85,880,956 | 177,800 | 0.20% | Put option |
| UBS Group AG | $84,625,104 | 175,200 | 0.19% | Put option |
| ProShare Advisors LLC | $81,381,625 | 168,485 | 0.19% | Shares |
| D. E. Shaw & Co., Inc. | $78,587,354 | 162,700 | 0.18% | Call option |
| Connor, Clark & Lunn Investment Management Ltd. | $77,920,303 | 161,319 | 0.18% | Shares |
| LPL Financial LLC | $75,879,151 | 157,094 | 0.17% | Shares |
| TD Asset Management Inc | $75,715,800 | 156,755 | 0.17% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $74,675,474 | 154,601 | 0.17% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $74,095,268 | 153,400 | 0.17% | Shares |
| NOMURA HOLDINGS INC | $73,982,241 | 153,166 | 0.17% | Shares |
| Forest Avenue Capital Management LP | $72,124,546 | 149,320 | 0.16% | Shares |
| Robeco Institutional Asset Management B.V. | $69,633,612 | 144,163 | 0.16% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $68,637,142 | 142,100 | 0.16% | Put option |
| Jain Global LLC | $67,622,800 | 140,000 | 0.15% | Put option |
| Greenhouse Funds LLLP | $64,996,137 | 134,562 | 0.15% | Shares |
| D. E. Shaw & Co., Inc. | $64,289,962 | 133,100 | 0.15% | Put option |
| MILLENNIUM MANAGEMENT LLC | $63,903,546 | 132,300 | 0.15% | Put option |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $63,523,892 | 131,514 | 0.15% | Shares |
| TWO SIGMA ADVISERS, LP | $62,650,843 | 376,598 | 0.14% | Shares |
| ROYAL BANK OF CANADA | $62,388,000 | 129,163 | 0.14% | Shares |
| WOLVERINE TRADING, LLC | $62,204,520 | 312,900 | 0.14% | Put option |
| LIGHT STREET CAPITAL MANAGEMENT, LLC | $60,739,765 | 125,750 | 0.14% | Shares |
| RAYMOND JAMES FINANCIAL INC | $60,668,761 | 125,603 | 0.14% | Shares |
| TUDOR INVESTMENT CORP ET AL | $59,749,574 | 123,700 | 0.14% | Put option |
| Squarepoint Ops LLC | $58,397,118 | 120,900 | 0.13% | Call option |
| Talos Eurisko Asset Management LP | $57,788,996 | 119,641 | 0.13% | Shares |
| Zurich Insurance Group Ltd/FI | $57,579,848 | 119,208 | 0.13% | Shares |
| PEAK6 LLC | $53,856,730 | 111,500 | 0.12% | Call option |
Company insiders 11 insiders · 4 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jitendra Mohan | Chief Executive Officer | March 22, 2024 C | 4,592,603 | 0 | 0 | $0 |
| Sanjay Gajendra | President and COO | May 21, 2026 G | 5,064,213 | 0 | 1 | $-39,526,714 |
| Germaine Cota | Chief Accting. Off. & VP, Fin. | July 20, 2026 A | 26,440 | 0 | 0 | $0 |
| Philip Mazzara | General Counsel and Secretary | May 21, 2026 S | 103,343 | 0 | 1 | $-231,656 |
| Manuel Alba | Director | July 1, 2026 S | 1,287,524 | 0 | 119 | $-131,332,219 |
| Bethany Mayer | Director | June 24, 2026 S | 5,550 | 0 | 6 | $-270,999 |
| Michael E. Hurlston | Director | June 4, 2026 A | 92,482 | 0 | 0 | $0 |
| Jack R Lazar | Director | June 4, 2026 S | 75,688 | 0 | 34 | $-5,149,027 |
| Craig H Barratt | Director | June 4, 2026 A | 6,825 | 0 | 0 | $0 |
| Stefan A Dyckerhoff | — | Aug. 6, 2026 S | 3,970 | 0 | 19 | $-15,019,150 |
| Michael Truett Tate | — | Feb. 17, 2026 S | 192,083 | 0 | 9 | $-3,139,639 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 110 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| AIPI · ETF Opportunities Trust | 7.80% | 99,199 NS | May 31, 2026 | N-PORT |
| EGGY · Tidal Trust III | 6.03% | 22,209 NS | May 31, 2026 | N-PORT |
| EGGQ · Tidal Trust III | 6.00% | 15,253 NS | May 31, 2026 | N-PORT |
| ULTY · Tidal Trust II | 4.56% | 200,000 NS | April 30, 2026 | N-PORT |
| TMFX · RBB Fund, Inc. | 2.92% | 2,731 NS | May 31, 2026 | N-PORT |
| CHAT · Tidal Trust II | 2.72% | 199,672 NS | April 30, 2026 | N-PORT |
| THNQ · EXCHANGE TRADED CONCEPTS TRUST | 2.70% | 44,681 NS | April 30, 2026 | N-PORT |
| SOXX · iShares Trust | 2.50% | 3,275,137 SH | Aug. 8, 2026 | Daily |
| SOXQ · Invesco Exchange-Traded Fund Trust … | 2.28% | 196,998 SH | Aug. 8, 2026 | Daily |
| AIS · Tidal Trust III | 1.79% | 36,476 NS | May 31, 2026 | N-PORT |
| IWP · iShares Trust | 1.45% | 884,920 SH | Aug. 8, 2026 | Daily |
| PABU · iShares Trust | 1.27% | 96,669 SH | Aug. 8, 2026 | Daily |
| ARTY · iShares Trust | 1.16% | 130,649 SH | Aug. 8, 2026 | Daily |
| QNXT · iShares Trust | 1.06% | 896 SH | Aug. 8, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 1.02% | 1,021,795 SH | Aug. 8, 2026 | Daily |
| SOXL · Direxion Shares ETF Trust | 0.94% | 821,550 NS | April 30, 2026 | N-PORT |
| AIPO · Tidal Trust II | 0.93% | 20,262 NS | May 31, 2026 | N-PORT |
| IGPT · Invesco Exchange-Traded Fund Trust | 0.92% | 32,476 SH | Aug. 8, 2026 | Daily |
| CHPX · Global X Funds | 0.88% | 6,641 NS | May 31, 2026 | N-PORT |
| COWG · Pacer Funds Trust | 0.87% | 97,617 NS | April 30, 2026 | N-PORT |
| CHPS · DBX ETF Trust | 0.84% | 2,205 NS | May 29, 2026 | N-PORT |
| VOT · VANGUARD INDEX FUNDS | 0.82% | 590,578 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.73% | 1,534,286 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.73% | 93,218 SH | Aug. 8, 2026 | Daily |
| JMID · Janus Detroit Street Trust | 0.73% | 680 NS | April 30, 2026 | N-PORT |
| IETC · iShares U.S. ETF Trust | 0.67% | 14,231 SH | Aug. 8, 2026 | Daily |
| JSTC · Tidal Trust I | 0.65% | 6,322 NS | May 31, 2026 | N-PORT |
| IMCG · iShares Trust | 0.61% | 75,071 SH | Aug. 8, 2026 | Daily |
| KNCT · Invesco Exchange-Traded Fund Trust | 0.61% | 2,925 SH | Aug. 8, 2026 | Daily |
| FBCG · FIDELITY COVINGTON TRUST | 0.54% | 172,856 NS | April 30, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 0.48% | 36,843 NS | April 30, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.45% | 1,769,071 SH | Aug. 8, 2026 | Daily |
| FFLG · FIDELITY COVINGTON TRUST | 0.43% | 12,939 NS | April 30, 2026 | N-PORT |
| QGRO · AMERICAN CENTURY ETF TRUST | 0.40% | 26,051 NS | May 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.36% | 623,354 SH | Aug. 8, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.36% | 1,671,478 SH | Aug. 8, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | 0.34% | 1,204,384 SH | Aug. 8, 2026 | Daily |
| GSEW · Goldman Sachs ETF Trust | 0.33% | 16,838 NS | May 31, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.32% | 2,524 NS | April 30, 2026 | N-PORT |
| IMCB · iShares Trust | 0.31% | 15,886 SH | Aug. 8, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.28% | 11,589 SH | Aug. 8, 2026 | Daily |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.28% | 17,935 NS | April 30, 2026 | N-PORT |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.27% | 30,654 NS | April 30, 2026 | N-PORT |
| IYW · iShares Trust | 0.25% | 191,220 SH | Aug. 8, 2026 | Daily |
| QQQ · Invesco QQQ Trust, Series 1 | 0.25% | 3,635,590 SH | Aug. 8, 2026 | Daily |
| QQQM · Invesco Exchange-Traded Fund Trust … | 0.25% | 770,689 SH | Aug. 8, 2026 | Daily |
| SIZE · iShares Trust | 0.24% | 3,227 SH | Aug. 8, 2026 | Daily |
| EUSA · iShares, Inc. | 0.24% | 13,921 SH | Aug. 8, 2026 | Daily |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.23% | 5,019 NS | May 31, 2026 | N-PORT |
| MTUM · iShares Trust | 0.23% | 173,469 SH | Aug. 8, 2026 | Daily |