ALABAstera Labs, Inc. Common Stock
Astera Labs, Inc. Common Stock sells high-performance interconnect solutions for data centers and AI infrastructure. The next catalyst is Nov 4, 2026 — Q3 2026 Earnings Release, which will test the business’s ability to sustain revenue growth and deliver on product ramp momentum.
- Revenue grew 115% YoY to $1.12B in 2026 Q2
- Net margin expanded to 33.5% TTM
- Diluted EPS of $0.83, up from $0.63 in 2025 Q2
The Read
4% in Q2 on stronger revenue growth, product ramp, and analyst upgrades.
The schedule
- Wed4Nov
- Tue2Feb
Earnings release for Q4 2026
- Mon10May
Earnings release for Q1 2027
- Wed4Aug
Earnings release for Q2 2027
Past
- Wed5Aug
Actual outcome: Bull · $334.17 at outcome
Astera Labs reported better-than-expected Q2 earnings with revenue up 104% year-over-year and non-GAAP EPS of $0.80, exceeding estimates. The company also accelerated Scorpio X-Series ramp-up, with PCIe 6 products surpassing 50% of revenue and driving strong Q3 guidance. These results, combined with analyst upgrades and positive sentiment around AI demand, fueled a rally despite the EPS beat, pushing the stock above the bull target.
- Sat9May
Actual outcome: Bull · $363.54 at outcome
Astera Labs delivered a highly bullish fundamental quarter, reporting record Q1 revenue of $308.4 million (up 93% year-over-year) and expanding gross margins to 76%. The company also issued Q2 guidance well above consensus and announced shipments of its new Scorpio X-Series switches to hyperscalers. While the stock traded flat due to its already premium valuation, the underlying financial results and robust AI connectivity demand firmly validated the bull case expectations.