Astera Labs Inc reports results for the quarter ended June 30 - Earnings Summary

Astera Labs

04/08/2026 22:46

Astera Labs Inc ALAB.OQ reported quarterly adjusted earnings of 80 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 44 cents.  The mean expectation of twenty analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 65 cents to 72 cents per share.
Revenue rose 104.5% to $392.40 million from a year ago; analysts expected $360.72 million. 
Astera Labs Inc's reported EPS for the quarter was 83 cents​.
The company reported quarterly net income of $153.09 million.
Astera Labs Inc shares had fallen by 33.5% this quarter and gained 93.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.3% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" 
Wall Street's median 12-month price target for Astera Labs Inc is $280.00, about 14.7% below its last closing price of $321.05
This summary was machine generated from LSEG data August 4 at 09:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.69
0.80
Beat
Mar. 31 2026 
0.54
0.61
Beat
Dec. 31 2025 
0.51
0.58
Beat
Sep. 30 2025 
0.39
0.49
Beat