Astera Labs stock falls 9.65% from latest report quote
Published on 11/05/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth Accelerates Beyond Scorpio
- Third-quarter revenue reached a record level as Scorpio became Astera Labs' largest product family.
- Management expects another sharp increase in fourth-quarter revenue and continued expansion across AI connectivity products.
- Aries 7 sampling and Orion partner availability add further milestones for investors to track.
Astera Labs reported record third-quarter revenue for the period ended September 30, 2026, with Scorpio fabric switches becoming its largest product family. The company's newsroom release said revenue rose 49 percent from the previous quarter and 154 percent from a year earlier.
Astera Labs stock traded at 173.25 euros on Lang & Schwarz at 16:06:51 CET on Thursday, November 5, 2026, down 9.65 percent from the 191.75 euros reported at 13:09 CET in the latest report published earlier the same day. The comparison is separate from the Xetra daily close.
Astera Labs reported third-quarter revenue of 584.9 million US dollars, GAAP net income of 182.9 million US dollars and diluted GAAP earnings per share of 0.99 US dollars. Non-GAAP diluted earnings per share was 1.32 US dollars, while non-GAAP operating margin reached 44.7 percent.
Scorpio Leads Product Expansion
Scorpio moved into high-volume production, led by the Scorpio X-Series 320-lane fabric switch. Management said the Scorpio family became the largest product group by revenue, with Scorpio X-Series revenue exceeding P-Series revenue.
The company also expanded its roadmap with Aries 7 signal-conditioning products, Leo memory connectivity solutions and Orion, a rack-scale reference architecture for AI inference. Aries 7 products are expected to begin sampling with selected customers in the fourth quarter of 2026. Orion rack reference and system designs are on track for availability through OEM and ODM partners from the first quarter of 2027.
Fourth-Quarter Bar Rises
Astera Labs expects fourth-quarter revenue of 730 million to 750 million US dollars. The midpoint implies 27 percent sequential growth. Management also forecasts GAAP diluted earnings per share of 1.13 to 1.17 US dollars and non-GAAP diluted earnings per share of 1.62 to 1.66 US dollars.
The primary release puts fourth-quarter GAAP gross margin at approximately 72 percent and non-GAAP operating expenses at 194 million to 200 million US dollars. Investors will focus on whether Scorpio can sustain its ramp while the company funds broader AI fabric, signal-conditioning and memory initiatives.
The real-time quote of Astera Labs stock provides the latest trading view for investors.
US technology stocks remain sensitive to AI infrastructure spending and semiconductor demand; current S&P 500 market reports provide the broader market context.
Follow more news and analyses on Astera Labs stock for further developments in AI connectivity and the Scorpio product ramp.
Astera Labs Key Figures
- Company: Astera Labs, Inc.
- ISIN: US04626A1034
- Ticker: ALAB
- Third-quarter revenue: 584.9 million US dollars
- GAAP diluted earnings per share: 0.99 US dollars
- Non-GAAP diluted earnings per share: 1.32 US dollars
- Lang & Schwarz price: 173.25 euros at 16:06:51 CET on November 5, 2026
