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ALAB · NASDAQ · STOCK

Astera Labs

Technology Updated August 08, 2026
$334.03
52W $97.89 – $499.48
63/100
$57.28B
154.0
3.67
AI Committee Verdict
Buy
63/100
Conviction: Moderate · 67% agreement · 6 analysts
+49.3%
-60.6%
0.81:1
Moderate
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is ALAB Bullish or Bearish?

Bullish. Innellis AI committee rates Astera Labs (ALAB) Buy with a composite score of 63/100 , based on 6 analysts with 67% agreement. Last updated August 08, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +12.00 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.00 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

Positive signals support the current rating — revenue growing 98.5% yoy -- genuine top-line momentum. The committee sees sufficient evidence to maintain the constructive view.

Bull & Bear Case

Bull Case
  • ROE of 25.2% shows genuine earnings power backing the valuation — Value
  • Revenue growing 98.5% YoY -- genuine top-line momentum — Growth
  • EPS growing 254.9% YoY — Growth
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • P/E of 156.9 is expensive by classic value standards — Value
  • Price-to-book of 20.6x prices in significant intangible value — Value
  • Bollinger bandwidth of 39.0% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 08, 2026
Overall Committee Score
63/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 17%
of 172 Technology peers
Value Analyst neutral
49 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 25.2% shows genuine earnings power backing the valuation
− P/E of 156.9 is expensive by classic value standards
Growth Analyst bullish
84 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 98.5% YoY -- genuine top-line momentum
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 39.0% signals elevated volatility
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score moved marginally from 61.5 to 63.0.

Analyst-level changes:
  • Growth Analyst: +2 bullish signal(s).
  • Macro Analyst: +1 bullish signal(s).
  • News Analyst: stance bullish->neutral.
  • Risk Analyst: stance bearish->neutral; score 35->58 (+22); +1 bearish signal(s); +1 bullish signal(s).
  • Value Analyst joined: neutral at 49.

Comparing 2026-08-07 to 2026-08-08 (1 day apart).

Technical Analysis

RSI (14)
54.2
Neutral
MACD Histogram
4.721
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$131.52
Resistance
$498.84
Bollinger %B
0.64
Inside Bands
Price vs Moving Averages
EMA 9
$321.85 Above
EMA 21
$328.02 Above
EMA 50
$325.41 Above
EMA 200
$238.57 Above

Fundamental Analysis

Valuation
33
Growth
95
Profitability
95
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 154.0×
P/B Ratio 33.22×
PEG Ratio 0.59
Dividend Yield 0.00%
52W High $499.48
52W Low $97.89
Quality & Growth
ROE 1607.0%
ROA 1430.5%
Gross Margin 7512.9%
Operating Margin 2275.1%
Revenue Growth YoY
Debt / Equity 0.00
AI Fundamental Assessment
P/E ratio of 154.0 (rich relative to a 15-40x range); Price-to-book of 33.2x; PEG ratio of 0.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 16.1%; Return on assets of 14.3%; Net margin of 30.7%; Gross margin of 75.1%; Current ratio of 10.05 (healthy short-term liquidity); Debt-to-equity of 0.00; Free cash flow per share is positive (1.61); Most recent quarter beat estimates by 13.5%; 5 consecutive earnings beats; EPS growth accelerating (+5.2% -> +31.1% QoQ); Average YoY EPS growth of 81.8%; Analyst estimates rising over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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