Astera Labs, Inc.(ALAB)Stock Analysis
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Rank #77 of 2,879 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ALAB Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Astera Labs, Inc. (ALAB), a Technology sector company. 13F Pro's AI-powered ranking engine scores ALAB at 77.7/100 on a 32-signal composite quality model, placing it at rank #77 of 2,879 stocks — the top 5% of the AI-ranked universe. ALAB scores in the top quartile across revenue growth (98.5), balance sheet strength (94.6), profitability (89.3). Areas of concern include earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 9.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Astera Labs, Inc. reports quarterly revenue of $308.4M, net income of $80.3M, an operating margin of 20.1%. Top institutional holders of ALAB by reported 13-F value include FMR, BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. ALAB trades on the Nasdaq exchange and files with the SEC under CIK 1736297. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ALAB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Astera Labs, Inc. directly from SEC EDGAR. Astera Labs, Inc.'s 13F Pro composite quality score has ranged between 8 and 94 since 2025, currently 77.7 — an improving long-term trajectory across 40 quarterly and live scoring snapshots.
What's Driving ALAB's Business? Latest 10-Q Breakdown
AI-extracted from Astera Labs, Inc.'s 10-Q filed 2026-05-06 — Q1 FY2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue nearly doubled to $308.4M YoY (+93%), with net income more than doubling to $80.3M (+152%), driven by strong demand for AI and data center connectivity products.
Biggest Revenue Drivers
Total revenue: $308.4M+93% YoY
Revenue from customers' manufacturing partners and distributors in Taiwan
Revenue from customers' manufacturing partners and distributors in China
Largest Expense Items
Increased spending on R&D initiatives, hardware design, software licenses, cloud hosting, and 90% headcount increase
Higher unit shipments and favorable product mix shift
Professional services for public company infrastructure, 57% headcount increase, acquisition-related costs
Personnel-related costs from 55% headcount increase, partially offset by lower stock-based compensation
Margins: Gross margin expanded 136 basis points to 76.3% primarily from favorable product mix, with higher mix of hardware modules and Scorpio products offsetting increased unit volumes.
Watch Items from the Filing
- Customer A represents 29% of Q1 2026 revenue, up from 12% YoY; Customer B 21% (down from 26%); and Customer C 16% (new top-10). Top 5 customers represent 90% of revenue.
- Company issued 3.26M warrant shares to major customer (Amazon) with $280.0M maximum grant date fair value; $2.1M recognized as revenue reduction in Q1 2026.
- Completed $74.0M acquisition of privately held data center acceleration company on February 9, 2026, adding $68.4M goodwill (non-deductible) and assembled workforce.
- Purchase commitments of $79.6M through 2030; operating lease obligations of $52.7M through 2032; no material credit losses on receivables.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$308.4M
Net Income
Q1 2026
$80.3M
Free Cash Flow
Q1 2026
$67.0M
Operating Margin
Q1 2026
20.1%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+115.1% YoYNet Income
+362.7% YoYOperating Income
+249.4% YoYEPS (Diluted)
+290.6% YoYTotal Assets
+45.3% YoYOp. Cash Flow
+133.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $852.5M +115.1% | $396.3M +242.2% | $115.8M +45.0% | $79.9M | — |
| Net Income | $219.1M +362.7% | $-83.4M -217.7% | $-26.3M +55.0% | $-58.3M | — |
| Operating Income | $173.4M +249.4% | $-116.1M -293.5% | $-29.5M +51.0% | $-60.2M | — |
| EPS (Diluted) | $1.22 +290.6% | $-0.64 +9.9% | $-0.71 +58.5% | $-1.71 | — |
| Total Assets | $1.53B +45.3% | $1.05B +437.2% | $196.3M | — | — |
| Operating Cash Flow | $319.3M +133.6% | $136.7M +1174.8% | $-12.7M +64.6% | $-35.9M | — |
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Top Institutional Holders of ALAB
FMR LLC
$2.8B25,529,885 shBlackRock, Inc.
$1.3B11,449,769 shVANGUARD PORTFOLIO MANAGEMENT LLC
$801.2M7,309,778 shVANGUARD CAPITAL MANAGEMENT LLC
$694.9M6,340,732 shALLIANCEBERNSTEIN L.P.
$418.0M2,512,695 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$416.4M3,799,000 shAtreides Management, LP
$368.9M3,365,787 shSTATE STREET CORP
$365.4M3,333,606 shJANE STREET GROUP, LLC
$283.8M2,589,700 shFRED ALGER MANAGEMENT, LLC
$282.0M2,573,005 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $2.8B | 25,529,885 |
| BlackRock, Inc. | $1.3B | 11,449,769 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $801.2M | 7,309,778 |
| VANGUARD CAPITAL MANAGEMENT LLC | $694.9M | 6,340,732 |
| ALLIANCEBERNSTEIN L.P. | $418.0M | 2,512,695 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $416.4M | 3,799,000 |
| Atreides Management, LP | $368.9M | 3,365,787 |
| STATE STREET CORP | $365.4M | 3,333,606 |
| JANE STREET GROUP, LLC | $283.8M | 2,589,700 |
| FRED ALGER MANAGEMENT, LLC | $282.0M | 2,573,005 |
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Is ALAB a good stock to buy?
13F Pro's AI-powered analysis of Astera Labs, Inc. (ALAB) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ALAB are available on the ALAB stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ALAB?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ALAB. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Astera Labs, Inc.'s investment landscape.