Streetbeat News

ALAB

Astera Labs Inc.

Industry

Semiconductor and Related Device Manufacturing

Open

128.17

Mkt cap

21B

Volume

3.2M

High

134.13

P/E Ratio

-229.83

52-wk high

147.39

Low

126.30

Div yield

N/A

52-wk low

36.22

Astera Labs, Inc. (Nasdaq: ALAB) will release its Q4 2024 financial results on February 10, 2025, after market close. The company specializes in semiconductor-based connectivity solutions for AI and cloud infrastructure.

Portfolio Pulse from

January 09, 2025 | 11:45 pm

Astera Labs (ALAB) has seen a 122% increase in its stock price since its IPO, driven by strong demand for AI-enabled servers and data center infrastructure. The company faces stiff competition, which may impact its future momentum.

Portfolio Pulse from

January 07, 2025 | 7:15 pm

The article reviews five top tech stocks of 2024, highlighting their high valuation multiples. IonQ and Palantir are specifically mentioned with IonQ trading at 230x forward revenue and Palantir at 63x forward revenue.

Portfolio Pulse from

January 06, 2025 | 6:00 pm

Astera Labs is positioned for significant growth due to rising demand for AI and cloud infrastructure. Strategic partnerships with major tech companies and an expanding product portfolio enhance its market position. The company's total addressable market is expected to grow substantially by 2027.

Portfolio Pulse from

December 16, 2024 | 2:00 pm

Nvidia remains a leader in AI chips, driving significant revenue growth, but its growth is slowing. The article suggests exploring lesser-known AI stocks with high return potential.

Portfolio Pulse from

December 04, 2024 | 3:00 pm

Astera Labs (ALAB) has seen a 48% surge in its stock price over the past month, driven by strong demand for AI-enabled servers and data center infrastructure. Despite facing stiff competition, the company is benefiting from this growing market demand.

Portfolio Pulse from

December 03, 2024 | 5:00 pm

Astera Labs (ALAB) is highlighted as a promising player in the AI industry, supported by strong partnerships, positive forward EPS estimates, and a solid foundational structure.

Portfolio Pulse from

November 19, 2024 | 6:00 pm

Astera Labs has been given a 'Buy' rating with a target price of $110 per share due to its strong growth momentum and innovative connectivity solutions. The company's products are crucial for data center market growth, especially in AI and cloud computing. Recent financial results show a 206% year-on-year revenue growth, with future growth expected from new product launches.

Portfolio Pulse from

November 18, 2024 | 7:15 pm

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