Analysts Raise Their Projections for Astera Labs After Positive Q3 Performance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2025
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Should l Buy ALAB?
Source: Benzinga
Financial Performance: Astera Labs Inc reported third-quarter revenue of $230.58 million, exceeding analyst expectations of $206.55 million, with adjusted earnings of 49 cents per share, surpassing estimates of 39 cents.
Future Projections: The company anticipates fourth-quarter revenue between $245 million and $253 million, with adjusted earnings expected to be between 50 and 51 cents per share, compared to estimates of 42 cents.
Market Reaction: Despite the positive earnings report, Astera Labs shares fell 6.4% to close at $179.31 on Tuesday.
Analyst Ratings: Following the earnings announcement, analysts from Needham and Stifel maintained a Buy rating on Astera Labs, raising their price targets to $220 and $200, respectively.
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Analyst Views on ALAB
Wall Street analysts forecast ALAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALAB is 191.54 USD with a low forecast of 80.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
12 Buy
4 Hold
0 Sell
Strong Buy
Current: 142.820
Low
80.00
Averages
191.54
High
225.00
Current: 142.820
Low
80.00
Averages
191.54
High
225.00
About ALAB
Astera Labs, Inc. is a global semiconductor company. The Company provides semiconductor-based connectivity solutions for cloud and artificial intelligence (AI) infrastructure. It has developed and deployed its Intelligent Connectivity Platform built from the ground up for cloud and AI infrastructure. Its Intelligent Connectivity Platform provides its customers with the ability to deploy and operate high-performance cloud and AI infrastructure at scale, addressing an increasingly diverse set of requirements. It provides its connectivity products in various form factors, including Integrated Circuits (ICs), boards, and modules. Its PCIe, CXL and Ethernet semiconductor-based connectivity solutions are purpose-built to unleash the potential of accelerated computing at cloud-scale. The Company’s products include Aries products, which include its COSMOS software suite; Taurus products, which are hardware modules based on its Taurus ICs; Leo products; and Scorpio products.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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