Astera Labs, Inc. ALAB
Semiconductors · IPO 2024 · data as of November 13, 2026
Astera Labs, Inc. (ALAB) is a technology company listed in the US with a market value of about $38.8B. In the twelve months to September 30, 2026 it had revenue of $1.6B and net income of $461M, a net margin of 29.6%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (0/5).
Key numbers: a P/E of 88.4, a price to free cash flow of 112.5, a 5-year average ROIC of 0%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 22% below the current price.
Score: 2.0 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- ROE above 15%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 4 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $1.6B | $853M | $396M | $116M | $80M |
| Net income | $461M | $219M | -$83M | -$26M | -$58M |
| Free cash flow | $345M | $282M | $102M | -$15M | -$40M |
| EPS (diluted) | $2.51 | $1.22 | $-0.64 | $-0.71 | $-1.71 |
| Net margin | 29.6% | 25.7% | -21.1% | -22.7% | -73.0% |
| ROIC | — | 9.8% | -9.5% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $344.15, 55% above the current price; targets range from $225.00 to $500.00; the consensus rating is “Buy”; expected EPS is $4.38 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Astera Labs’s P/E ratio?
About 88.4, based on the last twelve months of diluted earnings per share (forward P/E about 32.2).
Is Astera Labs stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 22% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Astera Labs pay a dividend?
Not currently.
Is Astera Labs a good stock to buy?
We do not give buy or sell advice. Astera Labs scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.