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)
352% more first-time investments, than exits
New positions opened: 122 | 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
65% more funds holding
Funds holding: 146 [Q2] → 241 (+95) [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] → 47.14% (+13.87%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Joseph Moore 63% 1-year accuracy 36 / 57 met price target | 7%upside $142 | Overweight Maintained | 20 Dec 2024 |
Citigroup Atif Malik 55% 1-year accuracy 24 / 44 met price target | 9%downside $120 | Buy Initiated | 18 Nov 2024 |
Roth MKM Suji Desilva 58% 1-year accuracy 26 / 45 met price target | 21%downside $105 | Buy Maintained | 5 Nov 2024 |
Stifel Tore Svanberg 64% 1-year accuracy 30 / 47 met price target | 24%downside $100 | Buy Maintained | 5 Nov 2024 |
JP Morgan Harlan Sur 56% 1-year accuracy 19 / 34 met price target | 17%downside $110 | Overweight Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 8 articles about ALAB published over the past 30 days
