NASDAQ: ALAB

Astera Labs (ALAB) Stock Analysis & Forecast

Astera Labs, Inc. Electronic technology sector, semiconductors industry. Market cap $51.98B.

$303.25+9.69 (+3.3%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

Gekko Brief

AI summary

Astera Labs closes at $303.25, up 3.3%, sitting just below its 50-day average of $305.38 and well above its 200-day average of $231.19. The GekkoIndex reads 56.6, placing the stock in the Neutral zone, down 3.2 over five sessions. Shares trade 10.6% below Gekko Fair Value of $339.21, a gap that leaves room relative to the model estimate.

This week's coverage centers on product expansion and competitive positioning. Astera Labs broadened its Leo CXL memory controller lineup with a new X-Series aimed at agentic AI workloads, building on hyperscaler design wins in AI infrastructure connectivity. Coverage also framed the stock against peers including Arm and KLA on growth and upside comparisons, while one report noted shares falling 10.1% intraday on 14 September. Together the items concern new product rollouts in the Leo and Scorpio families alongside ongoing comparisons to sector peers.

Over the next 20 trading days, the next earnings report falls outside that window, due 3 November after the close, 44 days away; the prior quarter's EPS of $0.29 missed the $0.42 estimate, with an average absolute reaction of 13.1% across recent reports. In the last 30 days there have been 3 unusual options signals, with call premium of $10,418,076 against put premium of $4,048,306. Analyst coverage stands at 11 buy and 5 hold ratings among 16 firms, with a consensus target of $389.95.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $303.25200-day averageGekko Fair Value $339.21

Key stats

Market cap
$51.98B
P/E ratio
133.4
Forward P/E
41.5
EPS, TTM
$2.20
Revenue, TTM
$1.20B
Profit margin
30.7%
Dividend yield
Beta
3.78
Volume
7.04M avg 3.57M
1-year return
+21.6%
Typical daily move
±6.7%
Typical 20-day move
±19.3%
50-day average
$305.38
200-day average
$231.19
Next earnings
Nov 3 after close
Shares outstanding
173.5M
52-week range
$97.89$499.48

Astera Labs swing-trade checklist

Astera Labs scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $303.25 sits between the 50-day ($305.38) and 200-day ($231.19) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    56.6, Neutral

    Reading 56.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    10.6% below

    Price is 10.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 3 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 44 days

    Next report Nov 3, 2026, 44 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityno data

    No data

    Not enough years of history for a seasonal read.

A description of current data, not a recommendation. How this page works

Astera Labs stock chart and price history

Astera Labs closed at $303.25 on Sep 18, 2026, +21.6% over the past year, inside a 52-week range of $97.89 to $499.48.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+4.9%
3 months
−27.3%
6 months
+140.4%
1 year
+21.6%
The full ALAB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ALAB in Gekko

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About Astera Labs

Astera Labs designs and supplies semiconductor-based connectivity products used in cloud computing and artificial intelligence systems. Its main line of business centers on what it calls the Intelligent Connectivity Platform, a set of data, network, and memory connectivity offerings tied together under a single software-defined design. This platform is the company's most recognized product line.

The company builds its products to work as a unified system rather than standalone parts, allowing customers running large-scale cloud and AI infrastructure to deploy and manage high-performance connectivity across their operations. Its customers are organizations that operate this kind of demanding, large-scale computing environment.

Astera Labs was founded in 2017 and is headquartered in Santa Clara, California. Its shares are listed on the NASDAQ under the ticker ALAB.

Listed
NASDAQ
Sector
Electronic technology
Industry
Semiconductors
Website
asteralabs.com

Astera Labs GekkoIndex: the smart money zone

Astera Labs’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.6, in the Neutral zone, down 3.2 points over five sessions.

010056.6Neutral

Down 3.2 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying20−1.2%−3.8%−7.0%+18.3%
Accumulation234+0.2%−0.1%+1.5%+32.4%
Neutral (current zone)298+3.4%+7.2%+12.8%+23.6%
Distribution65+2.4%+5.1%+17.5%+43.2%
Selling0Not available

Average ALAB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ALAB price, zone by zone.Track ALAB in Gekko

Is Astera Labs stock overvalued? Gekko Fair Value

Astera Labs trades 10.6% below Gekko Fair Value of $339.21, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Astera Labs shares are worth, recalculated every trading day.

$339.21

Gekko Fair Value, Sep 19, 2026

10.6% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ALAB in Gekko

Astera Labs insider and Congress trading

No open-market insider purchases were filed for Astera Labs, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ALAB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ALAB insider filing, plotted on the chart in Gekko.Open ALAB in Gekko

Congress trades last 90 days

No trades in ALAB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ALAB, plotted on the chart in Gekko.Open ALAB in Gekko

Buybacks

Astera Labs has been buying back its own shares.

Bought back, quarter ended Dec 31, 2024
$1.07M
As a share of market cap
0.00%

From company filings.

Unusual options activity last 30 days

3signals, 72% of the flagged premium in calls.

Latest: Bullish flow on Sep 18, $4.06M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold ALAB.

0added1opened2trimmed2sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Astera Labs earnings: next date and track record

Astera Labs reports on Nov 3, 2026, after the close (44 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±13.1%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+32.0%Nov ’24−9.1%Feb ’25−1.5%May ’25+26.4%Aug ’25−5.0%Nov ’25−23.4%Feb ’26+6.3%May ’26−0.8%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
Astera Labs reported a very strong Q2 FY2026 with record revenue of $392.4 million (up 27% sequentially and 104% year-over-year). Growth was broad-based across its AI fabric (Scorpio family) and signal conditioning (Aries, Taurus) portfolios, with PCIe 6.0 products representing over 50% of revenue. Scorpio X-Series (high-radix AI fabric switches) entered volume production and is ramping faster than previously expected, with management expecting Scorpio to be the largest product family in Q3. Aries retimers set a new quarterly revenue record driven by both Gen5 and Gen6 adoption. Management emphasized software (COSMOS) enabling in-network compute and Hyper-cast capabilities, improving workload performance and customer stickiness. The company reported strong non-GAAP gross margin (73.7%), non-GAAP operating margin (39.1%), non-GAAP net income of $145.8M and EPS of $0.80 for Q2. Cash and marketable securities totaled approximately $1.25 billion. Management discussed product roadmaps including UALink, CXL (Leo), optics (NPO/CPO), and continued investment in silicon photonics and software. Q&A reinforced broad customer interest, multiple customer engagements (>10 on Scorpio X), and the expectation of material scaling in H2 and into 2027 for new product families.
Guidance
Q3 gross margin guidance: approximately 72% (non-GAAP). Management expects Scorpio to become the company's largest product family starting in Q3, with Scorpio X-Series scaling materially in H2. Management also guided that CXL (Leo) products are expected to ramp more materially in 2027, and that additional Scorpio X customers will ship by year-end. No explicit revenue or EPS numeric guidance for Q3 was provided in the transcript beyond product ramp timing and margin guidance.
Risks flagged
Forward-looking statements are subject to standard risks and uncertainties (as noted in the opening remarks and SEC filings). Specific risks discussed or implied include: design qualification and timing risk for customer ramps, customer concentration (lead hyperscaler(s) driving meaningful early volumes), evolving protocol/technology transitions (PCIe → UALink → CXL) and ecosystem readiness, supply chain and memory availability/cost dynamics, and execution risk tied to scaling new silicon, software integration, and optical/NPO/CPO transitions.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026$0.29
est $0.42
−31.0%$392.4M
est $360.9M
+8.7%−0.8%
May 5, 2026$0.61
est $0.54
+13.0%$308.4M
est $292.2M
+5.5%+6.3%
Feb 10, 2026$0.58
est $0.51
+13.7%$270.6M
est $249.5M
+8.4%−23.4%
Nov 4, 2025$0.49
est $0.39
+25.7%$230.6M
est $206.5M
+11.7%−5.0%
Aug 5, 2025$0.44
est $0.32
+35.8%$191.9M
est $172.5M
+11.3%+26.4%
May 6, 2025$0.33
est $0.28
+16.2%$159.4M
est $153.1M
+4.1%−1.5%
Feb 10, 2025$0.37
est $0.26
+42.3%$141.1M
est $151.6M
−6.9%−9.1%
Nov 4, 2024$0.23
est $0.17
+34.8%$113.1M
est $97.50M
+16.0%+32.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Astera Labs stock forecast and analyst price targets

Analysts’ average 12-month price target for Astera Labs is $389.95, +28.6% from the last close, from 16 firms rating the stock in the last 90 days.

$389.95consensus 12-month target, +28.6% from the last close
Low $310High $500
Buy11
Hold5
Sell0

Each firm’s latest rating in the last 90 days: 16 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 12SusquehannaHold, maintained$310+2.2%
Sep 5SusquehannaHold, maintained$310+2.2%
Aug 17Northland SecuritiesBuy, upgraded$350+15.4%
Aug 6CitiBuy, maintained$430+41.8%
Aug 5J.P. MorganBuy, reiterated$465+53.3%
+12.8%average 20-day move after past Neutral readings
±6.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Astera Labs market cap and key statistics

Astera Labs’s market cap is $51.98B, with a P/E ratio of 133.4 and revenue of $1.20B over the last twelve months.

Valuation

Market cap
$51.98B
P/E ratio
133.4
Forward P/E
41.5
EPS, TTM
$2.20
Gekko Fair Value
$339.21

Trading

Volume
7.04M
Avg volume, 20 days
3.57M
52-week high
$499.48
52-week low
$97.89
Shares outstanding
173.5M

Financials

Revenue, TTM
$1.20B
Profit margin
30.7%
Return on equity
25.8%
Quarterly earnings growth, YoY
+186.2%

Risk and income

Beta
3.78
Typical daily move
±6.7%
Typical 20-day move
±19.3%

Astera Labs stock news this week

6 headlines about Astera Labs from the past week, newest first, each linking to the publisher.

Astera Labs peers

Astera Labs’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA+1.3%Neutral16.4% below
AVGOBroadcom+1.6%Accumulation0.8% below
MUMicron Technology+3.2%Neutral2.5% above
AMDAdvanced Micro Devices+2.3%Neutral11.9% above
INTCIntel−1.1%Neutral12.9% above
TXNTexas Instruments+2.2%Accumulation3.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Astera Labs stock FAQ

What is Astera Labs’s market cap?

Astera Labs’s market cap is $51.98B at the Sep 18, 2026 close of $303.25, with 173.5M shares outstanding. The shares trade on a P/E ratio of 133.4.

What is the Astera Labs stock forecast?

The consensus analyst 12-month price target for Astera Labs is $389.95, +28.6% from the last close. Of the 16 firms that rated the stock in the last 90 days, 11 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Astera Labs stock overvalued or undervalued?

On Gekko’s estimate Astera Labs is undervalued: the Sep 18, 2026 close of $303.25 is 10.6% below Gekko Fair Value of $339.21. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Astera Labs report earnings next?

Astera Labs is expected to report on Nov 3, 2026, after the market closes (44 days away). Analysts expect earnings of $1.19 per share on revenue of $550.6M. Astera Labs beat the earnings estimate in 7 of its last 8 reports, moving 13.1% on average across the report.

What is Astera Labs’s 52-week high and low?

Astera Labs’s 52-week high is $499.48 and its 52-week low is $97.89; it closed at $303.25 on Sep 18, 2026, +21.6% over the past year.

Is Astera Labs stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (fair value, smart money and earnings risk), 2 as mixed (trend and gekkoindex). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Astera Labs?

Gekko flagged 3 unusual options signals in Astera Labs over the last 30 days, with $10.42M of flagged premium in calls and $4.05M in puts. The latest, bullish flow, was on Sep 18, 2026 with $4.06M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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