Astera Labs (ALAB) Reiterated at Buy by Stifel After Investor Meeting

Stifel analyst Tore Svanberg reiterated a Buy rating and $460.00 price target on Astera Labs (NASDAQ: ALAB).

The analyst commented, "PCIe 7 Adds $200 to $300 per XPU: Management expects PCIe 7 to add $200 to $300 of incremental content per XPU beginning in 2H27. Astera's new Aries 7 TIAs and drivers are tuned for NPO, which should begin generating revenue in late CY27. PIC slated for 1H27 and fiber coupler still targets mid/back-half CY27. Orion and NVLink Fusion Broaden the Funnel: Orion targets underserved sovereign, enterprise, and neocloud customers. It carries >$100k of Astera content in a fully loaded rack, with first revenue in 2H27. NVLink Fusion has opened new doors for Astera, including a connectivity partnership with d-Matrix.On Wednesday, October 14, we hosted an investor meeting with Astera Labs' Nick Aberle, SVP Finance and IR and Leslie Green, IR at the 2026 OCP Global Summit in San Jose. Key takeaways below. We reiterate our Buy rating and $460 TP on ALAB based on a CY27E 28.0x EV/S ratio."

For an analyst ratings summary and ratings history on Astera Labs click here. For more ratings news on Astera Labs click here.

Shares of Astera Labs closed at $301.98 yesterday.

You May Also Be Interested In

• Abbott Labs (ABT) PT Lowered to $125 at BTIG
• Getty Realty (GTY) Tops Q3 EPS by 5c
• United Airlines (UAL) files mixed shelf