ALAB Astera Labs

282.97▼ 0.75% −2.13Pooled price · 11:32 AM ET · vs. previous daily close

What matters nowUpdated 4 days ago

  • Astera Labs unveiled its Orion rack-scale architecture on October 12, 2026, with rack and system designs on track for OEM and ODM availability from Q1 2027, and announced the Aries 7 PCIe 7 family on October 8, 2026.
  • ALAB traded at $313.67 on the pooled 24/7 venue price, down 1.71% from the $319.11 prior close. It rose 12.48% on September 21 and 6.93% on October 6, then fell 9.88% on October 8 and 7.54% on October 12.
  • Q2 2026 revenue was $392.4 million, up 104% from a year earlier. Trailing twelve-month revenue is $1.20 billion (up 98.5%), with a 75.1% gross margin, 22.8% operating margin and 30.7% net margin as of June 30, 2026.
  • Trailing EPS is $2.02, up 201.5% year on year. At a $54.4 billion market cap the stock trades on 155.3 times trailing earnings, 45.3 times sales and 190.7 times EV/EBITDA, with a free cash flow yield of 0.51%.
  • Insiders sold 2.45 million shares worth $634.5 million in 30 sales over the last 180 days and bought none; 23 of those sales were planned.
  • Next, the Q3 2026 results and conference call are on November 3, 2026 at 21:30 UTC, against company guidance of $540 million to $560 million revenue and non-GAAP diluted EPS of $1.16 to $1.21. Orion and Aries 7 demonstrations are listed for the OCP Global Summit on October 13, 2026.

The September CPI release is due October 14, 2026.

1M ▼ 0.65%
287.06339.84392.62Astera Labs launches Aries 7, a PCIe 7 signal conditioning family for copper and optical links1Sep 17Sep 24Oct 2Oct 9Oct 17
Numbered dots are stories: point at one to see it, select it to read.
Previous close285.10
24h volume$1.6Mall venues
Open interest$1.1Mperps, all venues
Funding (8h)0.0000%0.0% annualised · longs pay
Venues2/4in pool / listed
Day range (UTC)
282.54285.90
52-week range
241.33499.59

Valuation & fundamentalsFull financials →

Market cap$49.09Bpooled price × shares
Enterprise value$48.98B+ net debt −$111.5M
P/E (TTM)140.1×EPS $2.02
EV / EBITDA171.6×EBITDA $285.4M
P / Sales40.8×EV/Sales 40.8×
P / Book28.4×equity $1.73B
FCF yield0.6%FCF $276.7M
Shareholder yieldn/adiv — · buyback —
Revenue (TTM)$1.20B98.5% YoY
Last quarter revenue104.5%growth YoY
EPS growth (TTM)n/mlast Q 186.2%
Gross margin75.1%operating 22.8%
Net margin30.7%EBITDA 23.7%
ROE25.8%on average equity
Cash$111.5Mdebt $0
Shares out173.5Mdiluted 183.3M

TTM through 2026-06-30 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →

Every venue

VenuePricevs pool24h volOpen int.Funding 8h
binance perp
ALABUSDT · just now
282.91−0.02%$1.3M$783.0K0.0000%
bitget perp
ALABUSDT · just now
282.46−0.18%$217.4K$347.8K0.0000%
bybit perp
ALABUSDT · stale
287.15+1.48%$779.6K$325.5K0.0029%
okx perp
ALAB-USDT-SWAP · stale
286.38+1.21%$220.7K$465.4K0.0000%

Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.

Open interest, 120 days

$0$1$2Jun 18Jul 18Aug 17Sep 16Oct 16

US$ millions, all venues

Funding, 120 days

-105.85.1116.0Jun 21Jul 21Aug 19Sep 17Oct 16

Annualised %, OI-weighted. Positive: longs pay shorts.

NewsAll news →

Astera Labs launches Aries 7, a PCIe 7 signal conditioning family for copper and optical links

Astera Labs announced the Aries 7 portfolio for PCIe 7, covering links from short PCB traces to optical runs of more than 50 meters across racks.

Product

Astera Labs unveils Leo 2 CXL memory expanders with PCIe Gen6 and four DDR4 channels per card

Astera Labs launched the second generation of its Leo memory controllers, moving from PCIe Gen5 and CXL 2.x to PCIe Gen6 and CXL 3.2.

Product

Astera Labs reports fiscal Q2 2026 results: revenue $392.4M, up 104% from a year earlier

Astera Labs filed a Form 8-K with the SEC on Aug 4, 2026, 4:09 PM ET, reporting an event dated Aug 4, 2026.

Earnings

Astera Labs reports record Q2 2026 revenue of $392.4 million, up 104%, and guides Q3 to $540M-$560M

Second-quarter 2026 revenue was a record $392.4 million, up 27% from the first quarter and 104% from a year earlier.

Earnings

Astera Labs launches Taurus 3.2T retimers and redrivers with a swappable footprint for 200G links

Astera Labs added the Taurus 3.2T family, 16-lane smart retimers and redrivers for 200G-per-lane Ethernet, UALink and ESUN links.

Product

Astera Labs schedules Computex 2026 press conference and first public Scorpio X-Series demo

Astera Labs will hold a press conference, demo tour and audience question-and-answer session in Taipei on June 3, 2026, during Computex.

News

Astera Labs reports fiscal Q1 2026 results: revenue $308.4M, up 93% from a year earlier

Astera Labs filed a Form 8-K with the SEC on May 5, 2026, 4:11 PM ET, reporting an event dated May 5, 2026.

Earnings

Astera Labs posts record Q1 2026 revenue of $308.4 million, up 93%, and guides Q2 to $355M-$365M

First-quarter 2026 revenue was a record $308.4 million, up 93% from a year earlier and 14% from the fourth quarter, with a GAAP gross margin of 76.3%.

Earnings

Astera Labs launches 320-lane Scorpio X-Series fabric switch for AI scale-up networks

Astera Labs introduced the Scorpio X-Series, a 320-lane smart fabric switch that it calls the largest open, memory-semantic fabric switch of its type.

Product

Astera Labs reports fiscal Q4 2025 results: revenue $270.6M, up 92% from a year earlier

Astera Labs filed a Form 8-K with the SEC on Feb 10, 2026, 4:09 PM ET, reporting an event dated Feb 10, 2026.

Earnings

Astera Labs reports record 2025 revenue of $852.5 million and guides Q1 2026 to $286M-$297M

Fourth-quarter 2025 revenue reached a record $270.6 million, up 92% from a year earlier, with a GAAP gross margin of 75.6%.

Earnings

Astera Labs names Desmond Lynch chief financial officer, effective March 2, 2026

Astera Labs appointed Desmond Lynch as chief financial officer effective March 2, 2026, succeeding Michael Tate, who retired from the role and stays on as a strategic adviser to the CEO until September 1, 2026.

Management

Astera Labs buys assets of a private data center acceleration company for $74.0 million

Astera Labs acquired certain assets of a privately held company that develops data center acceleration solutions, for a total consideration of $74.0 million, mostly paid in cash.

M&A

Astera Labs grants Amazon a warrant for up to 3.26 million shares tied to $6.5 billion of purchases

Astera Labs issued a warrant for up to 3,262,299 common shares to an affiliate of its customer Amazon, at $142.82 per share, expiring February 5, 2033.

Deal