Astera Labs Stock Surges on Bullish Analyst Outlook
27.11.2025 - 12:03:04Astera Labs US04626A1034
Shares of Astera Labs experienced significant upward momentum during today’s trading session, climbing more than 7% to reach $155.30. This substantial advance marks the conclusion of a recent corrective phase and returns the semiconductor specialist to the forefront of institutional investor attention.
The company’s operational strength was demonstrated in its latest quarterly results, which surpassed market expectations. For the third quarter, Astera Labs reported revenue of $230.6 million, representing remarkable year-over-year growth of 104% and significantly exceeding analyst projections of $206.4 million.
Profitability metrics also showed positive momentum, with adjusted earnings per share reaching $0.49 compared to consensus estimates of $0.39. Looking ahead, management provided guidance for the current fourth quarter projecting revenue between Read more...
