Stifel keeps USD 460 target for Astera Labs stock

Published on 10/21/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 392.40 million in the second quarter, up 104.00 percent year over year. Astera Labs stock costs EUR 259.50 on October 21, 2026.

Growth and reporting timetable

Stifel kept its USD 460.00 price target on October 16, 2026.
Second-quarter revenue reached USD 392.40 million, up 104.00 percent year over year.
Astera Labs stock traded at EUR 259.50 at 11:09 a.m. CEST at Lang & Schwarz on October 21, 2026.

Astera Labs, US04626A1034, Illustration mit AI erstellt.

Astera Labs (ISIN US04626A1034) stock is tied to Stifel's USD 460.00 price target, which the firm kept on October 16, 2026, according to Investing.com. The call comes as the company prepares to report third-quarter results on November 3, 2026.

Revenue sets a high bar

Astera Labs generated USD 392.40 million in revenue in the second quarter of 2026, according to Investing.com. That was 104.00 percent higher than in the year-earlier quarter, while adjusted earnings reached USD 0.80 per share against a USD 0.69 consensus estimate. The result gives the November report a demanding comparison base.

The company's third-quarter revenue outlook is USD 540.00 million to USD 560.00 million. The midpoint of USD 550.00 million would be 40.16 percent above second-quarter revenue, putting execution and cash conversion at the center of the next update.

Three dates shape the story

Astera Labs announced its third-quarter results call on October 6, 2026, with the event scheduled for November 3, 2026, according to GlobeNewswire. On October 12, 2026, the company unveiled Orion, a rack-scale architecture designed to support up to 160 accelerators per pod, according to Astera Labs. Stifel's October 16, 2026 decision to retain the USD 460.00 target is the latest of the three developments, according to Investing.com.

What comes next for growth

The next scheduled date is November 3, 2026, when Astera Labs will release third-quarter results after the market close and hold its earnings call at 4:30 p.m. ET, according to GlobeNewswire. Orion is expected to become available through original equipment manufacturer and original design manufacturer partners beginning in the first quarter of 2027, according to Astera Labs.

Valuation meets execution

Astera Labs has a market capitalization of USD 49.4 billion as of October 20, 2026, while its primary Nasdaq listing showed a 52-week range of USD 97.89 to USD 499.48. The wide range underscores how much the next revenue and cash-flow update may matter for the valuation.

Astera Labs stock was trading at EUR 259.50 at Lang & Schwarz on October 21, 2026 at 11:09 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Astera Labs stock.