We came across a bullish thesis on Astera Labs, Inc. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on ALAB. Astera Labs, Inc.’s share was trading at $206.21 as of October 10th. ALAB’s trailing and forward P/E were 262.00 and 107.53 respectively according to Yahoo Finance.
Astera Labs delivered Q2-FY25 revenue of $192 million, up 150% year-over-year, with a 76% gross margin and operating margins above 39%, signaling execution that continues to outpace...
