ALAB
Astera Labs, Inc.
NASDAQ · Technology · Semiconductors · US
$286.24
−5.21%Price chart
Sep 17Sep 22Sep 25Sep 30Oct 5Oct 8Oct 13Oct 16
Key dataOct 16, 2026
Open$292.93
From 52W high−40.74%
Volume1.75M
Market cap$49.66B
P/E (TTM)131.9x
P/S (TTM)41.3x
Div yield—
Key dataOct 16, 2026
Open
$292.93
From 52W high
−40.74%
Volume
1.75M
Market cap
$49.66B
ValuationView details →
P/E (Fwd)
46.7x
EV/EBITDA
144.9x
P/E (TTM)
131.9x
RSI (14)
38.3
MomentumView details →
1D Return
−5.21%
YTD Return
+74.13%
SummaryUpdated Jun 1, 2026
Astera Labs, Inc. (NASDAQ:ALAB) is a semiconductor company founded in 2017 and based in Santa Clara, California. The company went public in March 2024 and has emerged as a key player in the rapidly growing artificial intelligence infrastructure market. Astera Labs designs and manufactures specialized connectivity solutions that enable high-performance computing systems, particularly those used for AI training and inference workloads in cloud data centers. The company has experienced explosive growth, with revenues increasing from $116 million in 2023 to $396 million in 2024, driven by the massive expansion of AI infrastructure investments by hyperscale cloud providers.
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Lumentum Holdings Inc., Astera Labs, Inc. and CORNING INC /NY announced a joint demonstration of PCIe-over-optics connectivity for AI rack-scale architectures, combining Astera Labs, Inc.' Scorpio Smart Fabric Switch, Lumentum's 1060 nm VCSEL-based optical interconnect platform and CORNING INC /NY's multimode fiber connectivity.4d agoAstera Labs, Inc. shares fell 1.39% to close at $342.21.7d agoAstera Labs, Inc. (ALAB) shares fell 1.71% to close at $350.33, declining despite broader market gains.14d ago