Astera Labs (ALAB)
Connects cloud and AI systems with mixed-signal semiconductors and embedded COSMOS software.
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Supplies semiconductor-based connectivity products and embedded COSMOS software for cloud and AI infrastructure. Its fabless model targets data, memory and networking bottlenecks as systems scale toward rack-level designs, while operations depend on third-party supply-chain partners, concentrated customer demand and rapid technology transitions.
Builds an Intelligent Connectivity Platform for cloud and AI infrastructure, combining high-speed mixed-signal semiconductor products with embedded COSMOS software. The platform addresses data, memory and networking bottlenecks as systems scale from individual servers toward rack-scale designs.
Operates as a fabless semiconductor supplier from San Jose, with a workforce concentrated in North America and additional teams across Asia and Europe. Founder-led continuity connects product development with a platform-oriented approach to innovation.
Execution depends on third-party manufacturing and supply-chain partners, concentrated customer demand, and keeping pace with rapid technology transitions. The addition of optical-connectivity capability expands the platform, while the business remains shaped by cloud and AI infrastructure deployment cycles.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 17, 2026 | Northland Securities | Target | Target: $195 | Target: $350 |
| Aug 17, 2026 | Northland Capital Markets | Upgrade | ||
| Aug 5, 2026 | Roth Capital | Reiterate | Rating: —Target: $275 | Target: $450 |
| Aug 5, 2026 | RBC Capital | Reiterate | Rating: —Target: $270 | Target: $500 |
| Aug 5, 2026 | UBS | Reiterate | Rating: —Target: $400 | Target: $425 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.25B · Total debt $0 · Total assets $1.93B · Shareholders' equity $1.73B
- Revenue
- $392.4M
- Operating income
- $89.2M
- Net income
- $153.1M
No dividends on record.
| Institutions | 74.11% | 128.56M shares | |
|---|---|---|---|
| 1,067 holders · as of Jun 30, 2026 | |||
| Insiders | 3.83% | 6.64M shares | |
| 11 holders · as of Sep 3, 2026 | |||
| Other | 22.06% | 38.29M shares | |
| remainder | |||
173.49M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FMR LLCInstitution | 14.32% | 24.85M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.89% | 13.68M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.55% | 7.89M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.88% | 6.73M | as of Jun 30, 2026 |
Sanjay Gajendra1,2Insiderdirector, officer: President and COO | 3.05% | 5.29M | filed Aug 19, 2026 |
- Reported at 4.50% on Nov 14, 2025, under the 5% line, so no further filing is required.
- Sanjay Gajendra reports a block also reported by Barclays PLC; it is counted once, under Barclays PLC.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 2, 2026 | Stefan A. Dyckerhoff | director | −12,499 | $274.96 |
| Sep 1, 2026 | Manuel Alba | director | −183,000 | $280.13 |
| Aug 17, 2026 | Sanjay Gajendra | director, officer: President and COO | −90,630 | $340.35 |
| Aug 17, 2026 | Jitendra Mohan | director, officer: Chief Executive Officer | −90,630 | $340.35 |
| Aug 17, 2026 | Philip Mazzara | officer: General Counsel and Secretary | −6,801 | $340.50 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Astera Labs | $350.45 | +2.85% | $58.41B | 167.9 | 61.9 | 48.6 | +104.5% |
| Broadcom | $362.00 | −0.18% | $1.73T | 46.3 | 20.9 | 19.4 | +85.5% |
| Marvell Technology | $261.39 | +1.56% | $225.40B | 85.3 | 47.8 | 23.9 | +36.6% |
| Credo Technology Group | $187.39 | +0.06% | $34.92B | 66.6 | 25.7 | 21.9 | +114.7% |
| Microchip Technology | $75.01 | +0.31% | $40.61B | 103.7 | 19.1 | 7.9 | +38.1% |
| Rambus | $99.11 | +2.22% | $10.52B | 44.5 | 29.2 | 13.9 | +20.4% |
| Median | 66.6 | 25.7 | 19.4 | +38.1% |