Astera Labs To Outpace Its Peers In Revenue Growth In 2025, Analyst Says
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 ...