Astera Labs: What a 224% Bull Case Looks Like
Astera Labs (ALAB) doubled its fiscal 2025 revenue to $852.5 million, a 115% jump, driven by its Intelligent Connectivity Platform, even as its stock trades significantly below its 52-week high. The company's Q4 earnings beat expectations, and its Scorpio AI fabric switch product line is rapidly growing, expanding its served addressable market to an estimated $25 billion. Analysts project substantial future growth, with a mean price target implying 63.9% upside, while a TIKR model suggests a 224% upside by December 2030, based on strong revenue CAGR and product diversification.
https://www.tikr.com/blog/astera-labs-what-a-224-bull-case-looks-like