Latest news with #PCIe6
Yahoo
06-08-2025
- Business
- Yahoo
Astera Labs Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Astera Labs ALAB reported second-quarter 2025 non-GAAP earnings of 44 cents per share, surpassing the Zacks Consensus Estimate by 33.33%. The company reported earnings of 13 cents per revenues surged 149.7% year over year to $192 billion, surpassing the Zacks Consensus Estimate by 11.1%. ALAB shares rose 17% in pre market trading. Year to date, Astera Labs shares climbed 2.4% underperforming the broader Zacks Computer and Technology sector's 11.8%. Astera Labs, Inc. Price, Consensus and EPS Surprise Astera Labs, Inc. price-consensus-eps-surprise-chart | Astera Labs, Inc. Quote ALAB's Top-Line Details Astera Labs is ramping up production of its PCIe 6 product portfolio for customized rack-scale AI systems. Scorpio Fabric switches won multiple design wins in the reported company saw strong demand for its signal conditioning portfolio, driven by PCIe scale-up and Ethernet scale-out connectivity applications in custom ASIC platforms. ALAB's Operating Details The non-GAAP gross margin was 76%, contracting 200 basis points (bps) year over and development expenses surged 66.4% year over year to $66.7 million. Sales and marketing expenses decreased 15.7% year over year to $18.6 million. General and administrative expenses decreased 7.2% year over year to $20.5 non-GAAP operating margin was 39.2% compared with 24.4% in the year-ago quarter. ALAB's Balance Sheet Details As of June 30, 2025, cash and cash equivalents were $1.07 billion compared with $924.7 million as of March 31. ALAB Offers Q3 Guidance Astera Labs expects third-quarter 2025 revenues between $203 million and $210 million. The Zacks Consensus Estimate for revenues is currently pegged at $181 million, indicating 60.1% growth from the year-ago reported gross margin is expected to be roughly 75%. Non-GAAP operating expenses are expected to be between $76 million and $80 are expected between 38 cents and 39 cents per share for the second quarter. The consensus mark for third-quarter 2025 earnings is pegged at 34 cents per share, suggesting 47.8% growth from the year-ago reported quarter. Zacks Rank & Stocks to Consider Astera Labs currently carries a Zacks Rank #3 (Hold).MKS Inc. MKSI, DoorDash DASH and Lumentum LITE are some better-ranked stocks in the broader Zacks Computer and Technology sector. Each of the three stocks currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks shares have declined 11.8% year to date. MKS is set to report its second-quarter 2025 results on Aug. shares have appreciated 52.3% year to date. DASH is set to report its second-quarter 2025 results on Aug. shares are up 28.8% year to date. LITE is set to report its fourth-quarter fiscal 2025 results on Aug. 12. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MKS Inc. (MKSI) : Free Stock Analysis Report Lumentum Holdings Inc. (LITE) : Free Stock Analysis Report DoorDash, Inc. (DASH) : Free Stock Analysis Report Astera Labs, Inc. (ALAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-06-2025
- Business
- Yahoo
Astera Labs Soars on Expanding AI Reach With Alchip, NVIDIA Deals
Astera Labs ALAB is gaining popularity as a critical enabler in the AI and cloud connectivity space, backed by strong business expansion through organic growth and expanding strategic alliances. The company reported a stellar first quarter of 2025 with revenues surging 144% year over year, driven by robust demand across its Aries, Taurus, Leo and Scorpio product families. ALAB's focus on AI rack-scale connectivity, broader platform support beyond NVIDIA NVDA, and leadership in PCIe 6 technology positions it well for long-term growth. ALAB's recently announced partnership with Taiwan-based Alchip Technologies aims to accelerate AI infrastructure adoption by integrating advanced connectivity and ASIC design capabilities. This collaboration enhances Astera's positioning across the AI value chain and underscores its growing relevance in hyperscale environments. With shares rallying over 30% in the past three months, outpacing both the Internet-Software industry and the S&P 500, Astera Labs is fast becoming a standout in next-gen AI infrastructure. Image Source: Zacks Investment Research Astera Labs is sharpening its competitive edge through a series of strategic collaborations that bolster its presence across the AI and cloud infrastructure ecosystem. Yesterday, the company announced a partnership with Alchip Technologies, combining its intelligent connectivity solutions with Alchip's high-performance ASIC design expertise. This collaboration aims to streamline AI infrastructure deployment by delivering integrated, interoperable solutions tailored to the growing complexity of data center workloads. Collaborations with ecosystem leaders like Wistron further expand Astera Lab's reach into OEM and modular platforms. In addition, Astera continues to deepen its collaboration with NVIDIA, playing a pivotal role in the rollout of Blackwell-based MGX systems. Astera remains the only connectivity provider to demonstrate complete end-to-end PCIe 6 interoperability with NVIDIA's next-generation GPUs—a milestone that underscores the company's technical leadership and trusted ecosystem role. In this regard, we should also note that Astera Lab's leading competitor Marvell Technology MRVL has also partnered with NVIDIA on NVLink Fusion. The partnership is aimed at tightly integrating Marvell's custom silicon with NVIDIA's rack-scale architecture, delivering a 1.8 TB/s bidirectional bandwidth. At OFC 2025, Marvell showcased the first end-to-end PCIe Gen 6-over-optics solution, enabling 10-meter optical links optimized for AI server scale-up environments. The Zacks Consensus Estimate for Astera Lab's 2025 earnings implies a 60.7% improvement year over year. Image Source: Zacks Investment Research Astera Labs is presently trading at a forward 12-month price-to-sales of 18.63X, which is below its 1-year median of 19.90X. However, it remains overvalued compared to the industry. Image Source: Zacks Investment Research ALAB currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Astera Labs, Inc. (ALAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Astera Labs (NasdaqGS:ALAB) Reports Turnaround To Profit In Q1 2025
Astera Labs has experienced a significant share price increase of 53% over the past month. This surge coincides with the company's impressive Q1 2025 financial results, showcasing a substantial rise in sales and a shift from net loss to profitability. Moreover, the introduction of its new PCIe 6 connectivity portfolio tailored for AI platforms further strengthens its market position. This positive trajectory aligns with the broader market trends, as indices such as the Dow Jones and the Nasdaq Composite have been on an upward streak, reflecting a broader investor appetite for innovative tech stocks. Astera Labs has 2 possible red flags we think you should know about. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent upswing in Astera Labs' share price aligns with its better-than-expected Q1 2025 financial results and innovative product introductions, such as the new PCIe 6 connectivity portfolio aimed at AI platforms. This momentum is likely to bolster forecasts for both revenue and earnings, as the company capitalizes on expanding AI infrastructure and next-generation connectivity solutions. Analysts project revenue growth at 44.3% annually over the next three years, while earnings are expected to reach US$231.8 million by 2028, driven by strategic R&D investments and market share gains in the semiconductor space. In terms of overall performance, Astera Labs has delivered a total shareholder return of 17.1% over the past year. However, when compared to the broader market, the company's one-year return was above the US market's 10.6% but fell short of the US Semiconductor industry's performance at 21%. Long-term investors have seen stable gains, though the firm's high valuation metrics, such as its Price-to-Sales Ratio of 30.5x, may raise concerns about future growth sustainability. The recent price surge sets the current share price at US$65.65, which is 40.9% below the consensus analyst price target of US$111.16. This gap might indicate upside potential, contingent upon Astera Labs achieving projected earnings and revenue milestones, including the successful volume ramp-up of its LEO product family and continued development of AI cluster connectivity solutions. Investors may also need to consider Astera Labs' reliance on key hyperscale customers and evolving technological trends, which could introduce risk factors affecting revenue growth and market positioning. Understand Astera Labs' earnings outlook by examining our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:ALAB. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
07-05-2025
- Business
- Yahoo
Astera Labs (NasdaqGS:ALAB) Sees Q1 Revenue Jump To US$159M With Positive Earnings Guidance
Astera Labs experienced a significant price move of approximately 35% over the last month. The company recently announced robust Q1 2025 earnings, with sales rising to $159 million from the previous year's $65 million, and a notable transition from a net loss to a net income of $32 million. Additionally, Astera provided a positive revenue outlook for the next quarter. These developments may have contributed to the stock's rise. Despite mixed stock performance in tech-heavy indexes, Astera Labs' advancements in PCIe 6 technology bolstered investor confidence, contrasting with broader market trends. Be aware that Astera Labs is showing 2 warning signs in our investment analysis. NasdaqGS:ALAB Earnings Per Share Growth as at May 2025 The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. The recent 35% rise in Astera Labs' share price reflects investor optimism following its strong Q1 2025 earnings and positive revenue outlook. The company's commitment to advancing PCIe 6 technology and AI infrastructure solutions appears to be a driving force behind this investor confidence. However, over the last year, the stock's total shareholder return was negative, showing a 6.34% decline, indicating challenges in maintaining long-term growth or market sentiment stability. When comparing its performance to the US market and semiconductor industry over the past year, Astera Labs underperformed both, with the broader US market gaining approximately 7.2% and the semiconductor industry seeing an 8.8% increase. The recent developments may prompt a re-evaluation of revenue and earnings forecasts for the company, especially given its expansion plans in AI and CXL technology. Analysts forecast revenue growth of 44.3% annually over the next three years, with profits expected to rise; however, these projections also face uncertainties, including customer concentration risks and evolving technology standards. Despite the recent price movement, Astera Labs' current share price of US$65.65 remains 40.9% below the consensus analyst price target of US$111.16, suggesting potential room for upward movement if the company aligns with these growth expectations. Investors should compare these forecasts against their own assessments to gauge the validity of the price target. Review our historical performance report to gain insights into Astera Labs' track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
