Astera Labs (ALAB) expected to grow free cash flow by 81% with positive revenue outlook.

From Yahoo Finance: 2025-04-23 20:04:00

Astera Labs, Inc. (ALAB) is trading at $55.31 with a forward P/E of 46.73. Despite challenges, ALAB is forecasted to grow free cash flow by 81% this year with a two-year revenue and EBITDA growth outlook exceeding 20%. The company benefits from AI and cloud data center investments by tech giants.

Hedge funds show interest in Astera Labs, Inc. (ALAB) with 51 portfolios holding the stock in Q4, up from 39 in the previous quarter. While ALAB has potential, some AI stocks may offer higher returns in a shorter timeframe. Check out our report on the cheapest AI stock for more promising options.

Read more: Astera Labs, Inc. (ALAB): A Bull Case Theory