Buy Or Sell Opportunity • Aug 06
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to €293. The fair value is estimated to be €239, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 98% over the last year. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 35% per annum. Earnings are also forecast to grow by 33% per annum over the same time period. New Risk • Aug 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (34% accrual ratio). Minor Risk Significant insider selling over the past 3 months (€60m sold). Reported Earnings • Aug 05
Second quarter 2026 earnings released: EPS: US$0.89 (vs US$0.31 in 2Q 2025) Second quarter 2026 results: EPS: US$0.89 (up from US$0.31 in 2Q 2025). Revenue: US$392.4m (up 105% from 2Q 2025). Net income: US$153.1m (up 199% from 2Q 2025). Profit margin: 39% (up from 27% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Europe. Aankondiging • Aug 05
Astera Labs, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2026 Astera Labs, Inc. provided earnings guidance for the third quarter ending September 30, 2026. For the third quarter, the company expects revenue within a range of $540 million to $560 million. GAAP diluted net income per share of approximately $0.87 to $0.92 on weighted-average diluted shares outstanding of approximately 185 million. Buy Or Sell Opportunity • Jul 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 75% to €289. The fair value is estimated to be €238, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 104% over the last year. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. Aankondiging • Jul 09
Astera Labs, Inc. to Report Q2, 2026 Results on Aug 04, 2026 Astera Labs, Inc. announced that they will report Q2, 2026 results After-Market on Aug 04, 2026 Recent Insider Transactions • May 22
General Counsel & Secretary recently sold €2.8m worth of stock On the 18th of May, Philip Mazzara sold around 14k shares on-market at roughly €199 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €121m more than they bought in the last 12 months. Aankondiging • May 08
Astera Labs, Inc. Provides Earnings Guidance for the Second Quarter ending June 30, 2026 Astera Labs, Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expects Revenue within a range of $355 million to $365 million, GAAP diluted earnings per share of approximately $0.44 to $0.46 on weighted-average diluted shares outstanding of approximately 184 million. Aankondiging • May 07
Astera Labs Announces Scorpio X-Series 320 Lane Smart Fabric Switch Astera Labs, Inc. announced the Scorpio X-Series 320 Lane Smart Fabric Switch, the industry's largest open, memory-semantic fabric switch engineered to improve token economics and support large scale-up clusters with minimal latency. Astera Labs also announced an expanded Scorpio P-Series PCIe fabric switch family—now spanning 32 to 320 lane configurations—designed to give data center architects at AI labs, hyperscalers, and neo-clouds the flexibility to rapidly scale compute capacity across diverse accelerators for training and serving frontier AI models. Scorpio's software-defined architecture is designed to integrate seamlessly with leading merchant and custom silicon, enabling AI labs and hyperscalers to integrate and deploy new accelerator platforms for both training and inference. Its memory-semantic connectivity enables accelerators to access fabric resources through native load/store operations, eliminating software overhead and improving fabric efficiency at scale. Scorpio X-Series delivers simplified high-radix scale-up topologies, cutting hops and reducing end-to-end latency across the cluster. Newly introduced Hypercast and In-Network Compute engines accelerate collective operations by up to 2x to maximize GPU utilization and tokens-per-watt performance. Rounding out the family, the Scorpio P-Series complements the X-Series in front-end network and AI compute system deployments, to deliver resiliency, dynamic configurability, and broad interoperability. COSMOS software unifies the platform with purpose-built resiliency and serviceability, delivering non-disruptive firmware updates, OpenBMC management, and real-time telemetry. Hypercast and In-Network Compute are configured through COSMOS, extending its capabilities to now include platform performance optimizations. These capabilities are designed to maximize uptime, accelerator utilization, and ensure operational reliability for continuous production workloads while accelerating rack validation and compressing time-to-deployment. COSMOS extends across Astera Labs' complete rack-scale portfolio of fabric switches, copper connectivity, and optical solutions, enabling composable AI infrastructure from a single unified management software stack. The Scorpio X-Series 320 Lane Smart Fabric Switch is shipping into a merchant scale-up switch silicon market projected to reach $20 billion by 2030, with production ramp in Second Half 2026. Astera Labs will showcase the Scorpio X-Series 320 Lane and its complete rack-scale connectivity portfolio at Computex 2026 (Taipei, June 2-5), including industry-first PCIe 6 scale-up optics demonstrations leveraging COSMOS for end-to-end link management. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$0.47 (vs US$0.20 in 1Q 2025) First quarter 2026 results: EPS: US$0.47 (up from US$0.20 in 1Q 2025). Revenue: US$308.4m (up 93% from 1Q 2025). Net income: US$80.3m (up 152% from 1Q 2025). Profit margin: 26% (up from 20% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Aankondiging • Apr 26
Astera Labs, Inc., Annual General Meeting, Jun 04, 2026 Astera Labs, Inc., Annual General Meeting, Jun 04, 2026. Location: offices of, astera labs, inc., at 2345 north first street, san jose, california 95131., san jose. United States Buy Or Sell Opportunity • Apr 10
Now 41% overvalued Over the last 90 days, the stock has fallen 9.6% to €128. The fair value is estimated to be €90.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 69% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Aankondiging • Apr 09
Ultra Accelerator Link Consortium Publishes Four Specifications Defining In-Network Compute, Chiplets, Manageability and 200G Performance Ultra Accelerator Link Consortium, the industry standards organization developing the open scale-up interconnect for next-generation AI workloads, announced the ratification of the next UALink Specification, which encompasses three major additions – In-Network Compute, Chiplet Definition, and Manageability. The new specifications support the deployment of UALink solutions in multi-workload environments, while simultaneously helping improve UALink technology efficiency, performance for AI workloads and ease of implementation. The UALink Consortium provides a standardized foundation for accelerator connectivity at scale, helping drive innovation, increase deployment flexibility and support the rapidly growing performance demands of next-generation AI workloads. The new specification update is facilitated through UALink Consortium’s open governance model, which fosters innovation while enabling a robust, multi-vendor supply chain, providing system designers and cloud providers with the necessary flexibility to deploy interoperable solutions without vendor lock-in. New UALink Specifications: UALink Common Specification 2.0 introduces In-Network Compute for UALink technology, facilitating computation and communication between accelerators. Reduces latency, saves bandwidth, and improves scaling efficiency for distributed training and inference for AI solutions for complex and multi-workload environments for UALink systems. UALink 200G Data Link and Physical Layers (DL/PL) Specification 2.0 split the DL/PL Specification from the UALink Common Specification to enable UALink to move quickly as new physical layers and speeds are needed by the industry without requiring changes to the other specifications. UALink Manageability Specification 1.0 introduces UALink as a system with centralized control and management planes. Utilizes standardized protocols, modeling and APIs like gNMI, Yang, SAI and Redfish. UALink Chiplet Specification 1.0 defines the necessary information to integrate UALink technology into chiplet-based SoCs, including interfaces, form factors, flow control and chiplet management standardization. Fully compliant with the UCIe 3.0 Specification for simplified integration into existing chiplet ecosystems. All of the UALink specifications are available for public download. Aankondiging • Apr 03
Astera Labs, Inc. to Report Q1, 2026 Results on May 05, 2026 Astera Labs, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Buy Or Sell Opportunity • Mar 05
Now 24% overvalued Over the last 90 days, the stock has fallen 25% to €104. The fair value is estimated to be €83.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 69% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Recent Insider Transactions • Feb 25
Co-Founder recently sold €9.9m worth of stock On the 17th of February, Sanjay Gajendra sold around 95k shares on-market at roughly €105 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sanjay has been a net seller over the last 12 months, reducing personal holdings by €43m. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: US$1.32 (vs US$0.64 loss in FY 2024) Full year 2025 results: EPS: US$1.32 (up from US$0.64 loss in FY 2024). Revenue: US$852.5m (up 115% from FY 2024). Net income: US$219.1m (up US$302.6m from FY 2024). Profit margin: 26% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Buy Or Sell Opportunity • Feb 07
Now 34% overvalued The stock has been flat over the last 90 days, currently trading at €139. The fair value is estimated to be €104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Aankondiging • Jan 23
Astera Labs, Inc. Broadens Scorpio X-Series Smart Fabric Switch Roadmap to Address Expanding Scale-Up Market Opportunities Astera Labs, Inc. announced an expanded portfolio roadmap that will feature new capabilities, including support for increased radix, platform-specific protocols, in-network computing, Hypercast technology, and optical connectivity. Close collaboration with hyperscalers and initial platform deployments have revealed new opportunities for the merchant scale-up switching market which is projected to reach $20 billion by 2030. Building upon Scorpio X-Series' initial momentum, Astera Labs is accelerating investment in the Scorpio X-Series roadmap to further capitalize on this high-growth market opportunity. The shift toward next-generation AI workloads is fundamentally changing scale-up connectivity requirements. Single clusters are now scaling to hundreds of thousands of AI accelerators that support expanding context windows and multi-turn agentic workflows, with each hyperscaler approaching these challenges with unique architectural approaches optimized for their specific workload profiles. These diverse requirements demand various connectivity solutions--from different radix configurations to multiple platform-specific protocols, optical connectivity enablement, and advanced traffic management capabilities. Hyperscalers are seeking flexible, purpose-built connectivity solutions optimized for their unique architectural approaches and application needs. By collaborating with hyperscalers and ecosystem partners, Astera Labs enables organizations to unlock the full potential of modern AI. Astera Labs' Intelligent Connectivity Platform integrates CXL®?, Ethernet, NVLink, PCIe®?, and UALink™? semiconductor-based technologies with the company's COSMOS software suite to unify diverse components into cohesive, flexible systems that deliver end-to-end scale-up, and scale-out connectivity. The company's custom connectivity solutions business complements its standards-based portfolio, enabling customers to deploy tailored architectures to meet their unique infrastructure requirements. Aankondiging • Jan 21
Astera Labs, Inc. Announces Appointment of Germaine Cota as Chief Accounting Officer, Effective January 20, 2026 On January 20, 2026, Astera Labs, Inc. announced that Germaine Cota, age 45, has been appointed to the position of Chief Accounting Officer,and will serve as the Company’s principal accounting officer for purposes of the Company’s filings with the SEC, effective January 20, 2026. Ms. Cota previously served as Senior Vice President, Finance & Accounting, and the principal accounting officer of BILL Holdings, Inc., a financial operations software company, from January 2022 until January 2026; Chief Accounting Officer and Treasurer at 8x8, Inc., a business communications company, from November 2020 until January 2022, and as Vice President, Corporate Controller, from January 2020 until November 2020. Prior to 8x8, Inc., Ms. Cota served as Chief Financial Officer at Mercari, Inc., an e-commerce company, from August 2018 until January 2020, as Assistant Controller at LinkedIn Corporation, a professional social networking company, from May 2017 until August 2018, and held several other financial and accounting roles at LinkedIn between April 2013 and May 2017. Prior to LinkedIn, Ms. Cota spent nearly 10 years in assurance and advisory services at Ernst & Young, LLP. Ms. Cota holds a B.S. degree in Accounting from Santa Clara University and is a Certified Public Accountant in California. Aankondiging • Jan 12
Astera Labs, Inc. (NasdaqGS:ALAB) completed the acquisition of Aixscale Photonics Gmbh. Astera Labs, Inc. (NasdaqGS:ALAB) entered into a definitive agreement to acquire Aixscale Photonics Gmbh on October 22, 2025. The transaction is subject to customary closing conditions.
Astera Labs, Inc. (NasdaqGS:ALAB) completed the acquisition of Aixscale Photonics Gmbh on January 12, 2026. Aankondiging • Jan 09
Astera Labs, Inc. to Report Q4, 2025 Results on Feb 10, 2026 Astera Labs, Inc. announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Buy Or Sell Opportunity • Dec 17
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €125. The fair value is estimated to be €103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Aankondiging • Dec 03
Astera Labs Expands Connectivity Portfolio with Custom Solutions Astera Labs, Inc. announced plans to deliver custom connectivity solutions, a new offering designed to address the increasing complexity and diversity of next-generation AI infrastructure featuring multiple types of computing resources to optimize performance, energy efficiency, and cost for a wide range of workloads. Building on the May 2025 announcement of joining the NVIDIA NVLink Fusion Ecosystem, the company is now focused on collaborating with hyperscaler partners to develop custom solutions designed to support NVLink connectivity. As AI infrastructure grows increasingly complex, hyperscalers need custom connectivity solutions tailored to their unique architectural requirements and workload-specific performance goals. Astera Labs aims to address this demand with custom connectivity solutions--an additive and complementary extension to the company's industry-standards-based Intelligent Connectivity Platform. Custom solutions enable infrastructure providers to design heterogeneous systems that integrate diverse accelerators into unified, high-performance rack-scale platforms. The new custom connectivity solutions will leverage Astera Labs' proven expertise in delivering purpose-built connectivity solutions and COSMOS software-defined architecture for the world's leading hyperscalers and AI platform providers. Newly acquired capabilities, including photonic chiplet technology, are expected to enhance the company's vision to provide a total offering for hyperscalers deploying standard, custom, and hybrid AI infrastructure. Buy Or Sell Opportunity • Nov 26
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at €131. The fair value is estimated to be €109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Recent Insider Transactions • Nov 25
Co-Founder recently sold €11m worth of stock On the 17th of November, Jitendra Mohan sold around 90k shares on-market at roughly €125 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jitendra has been a net seller over the last 12 months, reducing personal holdings by €63m. 
