Astera LabsALAB
About: Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.
Employees: 267
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
344% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 27
174% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 27
141% more call options, than puts
Call options by funds: $250M | Put options by funds: $104M
64% more funds holding
Funds holding: 146 [Q2] → 239 (+93) [Q3]
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
23% more capital invested
Capital invested by funds: $3.13B [Q2] → $3.85B (+$716M) [Q3]
13.87% more ownership
Funds ownership: 33.26% [Q2] → 47.13% (+13.87%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Roth MKM Suji Desilva 50% 1-year accuracy 21 / 42 met price target | 21%upside $105 | Buy Maintained | 5 Nov 2024 |
Morgan Stanley Joseph Moore 56% 1-year accuracy 23 / 41 met price target | 9%upside $94 | Overweight Maintained | 5 Nov 2024 |
Stifel Tore Svanberg 61% 1-year accuracy 27 / 44 met price target | 16%upside $100 | Buy Maintained | 5 Nov 2024 |
JP Morgan Harlan Sur 55% 1-year accuracy 17 / 31 met price target | 27%upside $110 | Overweight Maintained | 5 Nov 2024 |
Deutsche Bank Ross Seymore 33% 1-year accuracy 5 / 15 met price target | 16%upside $100 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 15 articles about ALAB published over the past 30 days
