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Astera Labs To Outpace Its Peers In Revenue Growth In 2025, Analyst Says
ALABAstera Labs, Inc.(ALAB) Benzinga·2025-02-12 03:53

Astera Labs, Inc. ALAB shares are trading lower on Tuesday.Northland Capital Markets analyst Gus Richard maintained the Outperform rating on the stock with a price forecast of $120.The company reported fourth-quarter results today, with revenue up 179% year-over-year and up 25% quarter-over-quarter.Astera Labs sees first-quarter revenue in the range of $151 million to $155 million.The analyst forecasts strong growth for Astera Labs’ revenue, forecasting a 65% increase in calendar year 2025, driven by new pr ...