- Earnings Estimate: Analysts predict an EPS of $0.28 and revenue of $151.6 million for the upcoming quarter.
- Year-over-Year Growth: Astera Labs anticipates a significant revenue increase of approximately 135% from the previous year.
- Stock Performance: Despite a 48% drop in stock value this year, ALAB’s valuation appears attractive with promising growth potential.
Astera Labs, Inc. (NASDAQ:ALAB) is a key player in the semiconductor-based connectivity solutions market, focusing on products that enhance AI and cloud infrastructure. Despite competition, it has secured a significant niche in the AI connectivity market.
ALAB is set to release its quarterly earnings on May 6, 2025. Analysts estimate the earnings per share to be $0.28, with projected revenue of approximately $151.6 million. The company anticipates revenues between $151 million and $155 million, closely aligning with the Zacks Consensus Estimate of $153.34 million. This represents a significant year-over-year revenue increase of about 135%.
Astera Labs expects non-GAAP earnings per share to be between $0.28 and $0.29, matching the consensus estimate of $0.28 per share. This marks a substantial 180% increase from the previous year. The company has consistently exceeded the Zacks Consensus Estimate in the past four quarters, with an average earnings surprise of 61.45%.
The company’s performance is expected to benefit from strong demand for AI-enabled servers and data center infrastructure. Astera Labs experienced a remarkable surge in revenue, quadrupling in 2024, primarily due to the high demand for its Aries retimers. This demand was fueled by the deployment of Nvidia’s Hopper GPUs in AI data centers.
Despite a 48% drop in stock value this year, ALAB’s valuation is now considered attractive, with promising growth potential, its innovative product lineup is anticipated to drive substantial revenue growth and enhance market penetration.
