Astera Labs, Inc.

ALAB Technology Semiconductors

Astera Labs, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.5 million, up 115.1% from fiscal 2024. In the quarter to June 2026, revenue grew 104.5%, EPS grew 187.1% and free cash flow fell 49.6%, each against the same quarter a year earlier. Member of the Nasdaq 100; revenue growth for three consecutive years, operating cash flow growth for three.

313.26 10.85 −3.35%
Market cap
$56.2B
P/E
149×
Fwd P/E
153×
Dividend yield
—
F-score
6/9
Altman Z
100.66
Beneish M
1.61
Dividend safety
n/a

Insider Decisions trades per month

Total sells 784.07
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 5 2 1 4 4 6 11 3 4 4 2 1
Insider Ownership 17.21%

Capital & Financial Ratios $m

Market Cap 56,230.00
Revenue 1,201.92
Net Income 369.49
Free Cash Flow 276.68
Net Debt (1,252.96)
Current Ratio 10.05 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 149.36 (above 35: high)
Fwd P/E 153.00 (above 35: high)
P/S ratio 46.48 (above 10: high)
P/B ratio 32.37 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 116.96% (at or above 15%: strong)
Next Y EPS Growth 62.21% (at or above 15%: strong)
Next Y revenue growth 123.92% (at or above 10%: strong)
Next 5Y EPS Growth 64.94% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 149 914 1,189 1,253
Receivables 8 39 83 192
Inventory 24 43 59 114
Other — — — —
186 1,013 1,362 1,652
2023 2024 2025 Q'26
Payables 6 27 42 54
ST’ Debt — — — —
Other — — — —
35 87 133 164

Compound Annual Growth %

10y 5y 3y
Sales — — 120.18%
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 308 392 — — —
’25 159 192 231 271 853
’24 65 77 113 141 396
’23 18 11 37 51 116
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 75 88 — — —
’25 11 135 78 95 319
’24 4 30 64 40 137
’23 (4) (23) 0 14 (13)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 67 67 — — —
’25 6 133 66 77 282
’24 0 31 47 24 102
’23 (4) (24) (1) 13 (15)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.44 0.83 — — —
’25 0.18 0.29 0.50 0.25 1.22
’24 (1.77) (0.05) (0.05) 0.14 (0.64)
’23 (0.49) (0.55) (0.08) 0.41 (0.71)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 36.22 47.13

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 147.36 262.90
People
People Employees — — — — — — — 267 440 756
Revenue/emp, $m — — — — — — 0.00 0.43 0.90 1.13
Income, $m
Income, $m Revenue — — — — — — 80 116 396 853
Gross margin, % — — — — — — 73.47 68.94 76.38 75.69
EBT — — — — — — (58) (23) (82) 218
EBT margin, % — — — — — — (72.09) (19.82) (20.64) 25.59
Net income — — — — — — (58) (26) (83) 219
Depreciation — — — — — — 0 0 (5) (1)
Per share, $
Per share, $ Revenue — — — — — — 2.34 3.12 3.02 5.12
Earnings — — — — — — (1.71) (0.71) (0.64) 1.32
Cash flow — — — — — — (1.05) (0.34) 1.04 1.92
Capex — — — — — — (0.11) (0.07) (0.26) (0.23)
Free cash flow — — — — — — (1.16) (0.42) 0.78 1.69
Book value — — — — — — (2.50) (2.63) 7.35 8.19
Shares, m — — — — — — 34 37 131 166
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 126.99
P/S — — — — — — 19.89 19.89 43.87 32.47
P/B — — — — — — 0.00 0.00 18.02 20.30
EV/Sales — — — — — — 18.60 18.60 41.56 31.08
EV/FCF — — — — — — (139.17) (139.17) 160.80 94.03
Cash, $m
Cash, $m Operating cash flow — — — — — — (36) (13) 137 319
Capex — — — — — — (4) (3) (34) (38)
Free cash flow — — — — — — (40) (15) 102 282
Balance, $m
Balance, $m Working capital — — — — — — 166 151 926 1,229
Total debt — — — — — — — — — —
Net debt — — — — — — (163) (149) (914) (1,189)
Shareholders’ equity — — — — — — (85) (98) 965 1,364
Returns, %
Returns, % ROA — — — — — — 0.00 (12.87) (13.34) 16.95
ROIC — — — — — — 0.00 0.00 (143.65) 62.00
ROE — — — — — — 0.00 28.70 (19.24) 18.82
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Astera Labs, Inc. vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ASX ASE Technology Holding Co., Ltd. $102.1B 53.4× 34.1× +23.62% (above 0%: growing) +172.73% (above 0%: growing) −338.02% (below 0%: shrinking) 21.01% 11.06% Compare
MPWR Monolithic Power Systems, Inc. $68.1B 80.3× 76.7× +47.56% (above 0%: growing) +87.81% (above 0%: growing) −61.46% (below 0%: shrinking) 55.18% 30.99% Compare
ALAB Astera Labs, Inc. $59.4B 149× 153× +104.45% (above 0%: growing) +187.10% (above 0%: growing) −49.60% (below 0%: shrinking) 73.28% 22.74%
UMC United Microelectronics Corporation $57.7B 21.1× 30.1× +14.10% (above 0%: growing) +350.00% (above 0%: growing) +67.75% (above 0%: growing) 32.48% 21.75% Compare
NXPI NXP Semiconductors N.V. $57.4B 19.1× 20.8× +19.48% (above 0%: growing) +72.73% (above 0%: growing) +14.42% (above 0%: growing) 57.27% 30.64% Compare
STM STMicroelectronics N.V. $46.5B 95.2× 64.9× +26.07% (above 0%: growing) n/m +107.00% (above 0%: growing) 34.84% 5.36% Compare
MCHP Microchip Technology Incorporated $41.0B 110× 51.2× +38.05% (above 0%: growing) n/m +93.09% (above 0%: growing) 63.24% 22.68% Compare
CRDO Credo Technology Group Holding Ltd. $40.7B 68.1× 42.5× +114.73% (above 0%: growing) +89.19% (above 0%: growing) +61.55% (above 0%: growing) 64.53% 25.20% Compare
ON ON Semiconductor Corporation $30.2B 48.1× 53.2× +9.18% (above 0%: growing) +41.46% (above 0%: growing) +284.55% (above 0%: growing) 38.43% 16.13% Compare
Median of peers $51.9B 60.7× 46.9× +24.85% +88.50% +64.65% 46.80% 22.22%

All 67 Semiconductors stocks →

Astera Labs, Inc. (ALAB) key facts

  • Strength: Astera Labs, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.5 million, up 115.1% from fiscal 2024.
  • Astera Labs, Inc. (ALAB) is a Semiconductors company in the Technology sector, listed on Nasdaq.
  • As of October 12, 2026, ALAB traded at $324.11, a market capitalization of $56.2 billion.
  • Return on equity was 18.8% and debt-to-equity 0.00.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 100.66 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Astera Labs, Inc. (ALAB) Latest News

stockrow.com/ALAB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com