From Nasdaq: 2025-02-07 11:53:00

Astera Labs, Inc. (ALAB) is set to announce its fourth-quarter 2024 results on Feb. 10, with revenue expected between $126 million and $130 million. The consensus estimate for revenues is $128.20 million. Astera Labs offers customized semiconductor solutions for cloud and AI infrastructure. It started trading on March 20, 2024.

Astera Labs anticipates non-GAAP earnings of 25-26 cents per share for Q4 2024. The consensus estimate remains at 26 cents per share, showing stability. The company’s key product families, Aries, Taurus, and Leo, are expected to drive revenue growth, especially with strong demand for AI servers and data center infrastructure.

Astera Labs has outperformed the Computer & Technology sector and Electronics – Semiconductors industry, with stock surging 187.4% in the last six months. The company faces competition from Broadcom (AVGO) in the PCIe retimer market, but Astera Labs’ expanding portfolio has helped maintain its competitive edge.

Astera Labs has collaborated with top chipmakers like NVIDIA, AMD, Micron, and Intel, driving growth in the AI industry. Products are used in NVIDIA’s GB200 and future products, while AMD utilizes Astera Labs solutions to enhance AI-driven products. Despite competition, Astera Labs remains a key player in advancing AI technologies.

ALAB stock’s value score is F, indicating it may be overvalued. The forward 12-month Price/Sales ratio is 26.19X, higher than the sector average of 8.42X. With increasing competition in the AI and cloud markets, Astera Labs faces challenges that could impact financial performance. Consider waiting for a more favorable entry point before investing.



Read more at Nasdaq: ALAB Stock Before Q4 Earnings: A Smart Buy or Risky Investment?