Official Astera Labs Scorpio Smart Fabric Switch rendering
Astera Labs logoALAB / NASDAQ / AI connectivity & semiconductors

ASTERA LABS

AI needs to connect. Astera builds the fabric.

Scorpio enters volume production and drives a bigger Q3 outlook. Record growth meets the next test: turning deployments into sustained profit and cash.

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ASTERA LABS Overview
LATEST RESULTS

THE QUARTER, IN FOCUS.

Official Astera Labs Scorpio Smart Fabric Switch rendering
LATEST EARNINGS

THE QUARTER. AT A GLANCE.

Q2 2026 · Aug 4, 2026

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NEXT EARNINGSNov 3, 2026Estimated · Company confirmation pending

Beat both estimatesvs analyst estimates
RevenueBeat
ACTUAL$392.4M
vs
ESTIMATE$360.9M
+$31.5M (+8.7%)Reported revenue
Adjusted EPSBeat
ACTUAL$0.80
vs
ESTIMATE$0.69
+$0.11 (+15.8%)Non-GAAP diluted EPS

THE BUSINESS, OVER TIME.

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Revenue · FY2025$853M
+115.1% vs previous year

Revenue increased across the last 3 years.

852.5M426.3M0.0M$116MFY2023$396MFY2024$853MFY2025
Select a period to inspectUSD · Reported · Retrieved Sep 15, 2026
LOOKING AHEAD

REVENUE EXPECTATIONS

Estimated annual revenue · FY2028$3.99B
4.7× FY2025 revenue
4.0B2.0B0.0B$853MFY2025$1.91BFY2026E$3.08BFY2027E$3.99BFY2028E
ReportedAnalyst estimate
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USD · Estimates are not guidance · Snapshot Sep 15, 2026

RATINGS & TARGETS

THE ANALYST VIEW

72%

13 of 18 analysts rate it BuyStrong Buy ratings included

13 Buy5 Hold0 Sell
Analyst price targets$370.42 average
$153 low$500 high$254.16 quote

Quote Sep 15, 2026 · Targets reflect analyst opinions.

See ratings & target changes

Snapshot · Sep 15, 2026

INSTITUTIONAL HOLDINGS · FORM 13F

HOW POSITIONS CHANGED.

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Opened or increased659reported positions

Reporting period
Jun 30, 2026

Reduced or closed337reported positions
New positions371
Increased288
Reduced258
Closed positions79

Changes in reported share holdings, not transaction dates or money flows.
Snapshot Sep 15, 2026 · Compared with prior reported holdings.

Insiders, Congress & institutions