ALAB
Astera LabsBNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
The bull case strengthened after the May 5, 2026 print: record Q1 revenue, a strong Q2 guide, and product commentary showing shipping Scorpio X-Series and broader PCIe 6 portfolio momentum [#8-K-2026-05-05]. Post-earnings coverage indicates target increases from firms including Needham, RBC, BofA, Susquehanna, and Barclays during May 6-7, 2026, which supports a constructive revision cycle.
Posture
Constructive
Lead driver
Momentum
What changed
11 setup hits (3d) with net bullish as of 2026-06-02.
What can break
At roughly a $36.7 billion market cap, valuation leaves less room for execution slippage if second-half shipments or 2027 volume ramps arrive later than investors expect.
Momentum
98
Value
46
Sentiment
28
Setup hits (3d)
11 · Net Bullish
AI TargetsBase $210.00 · Bull $250.00 · Bear $155.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $207.78
Why
Momentum98 · Δ7d +2.4
Value46 · Δ7d +0.2
Sentiment28 · Δ7d -0.5
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
98
34% active weight
Current posture
7d trendImproving
Δ7d
+2.4
Δ21d
+11.1
Value
46
32% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
-1.3
Sentiment
28
33% active weight
Current posture
7d trendFlat
Δ7d
-0.5
Δ21d
-29.0
Why this grade
Composite grade B. Momentum 97.7 / Value 46.3 / Sentiment 27.7
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$54.87B
Beta
-
Shares Out
168.9M
P/E (TTM)
148.5
P/S (TTM)
39.04
P/FCF (TTM)
123.02
Rev YoY
+103.9%
EPS YoY
+1141.8%
Gross Margin
+75.4%
Op Margin
+14.7%
Net Debt
-$914.3M
Current Ratio
12.78
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology