Astera Labs stock: Stifel keeps USD 460.00 target for Astera Labs stock

Published on 10/23/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 104.00 percent to USD 392.40 million. Astera Labs stock costs EUR 235.50 on October 23, 2026, 1.07 percent above Tradegate.

Analyst target and reporting date

Stifel maintained its USD 460.00 target and Buy rating on October 16, 2026.
Second-quarter revenue rose 104.00 percent year over year to USD 392.40 million.
Astera Labs stock costs EUR 235.50 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST, 1.07 percent above the Tradegate close of October 22, 2026.
Third-quarter results are scheduled for November 3, 2026.

Astera Labs, US04626A1034, Illustration mit AI erstellt.

Stifel maintained its Buy rating and USD 460.00 price target for Astera Labs on October 16, 2026, after an investor meeting, according to Investing.com. Astera Labs stock was trading at EUR 235.50 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST, 1.07 percent above the Tradegate close of October 22, 2026 at EUR 233.00.

Revenue sets the operating backdrop

Astera Labs reported second-quarter revenue of USD 392.40 million, up 104.00 percent year over year and 27.00 percent sequentially. The company posted GAAP net income of USD 153.09 million and diluted earnings per share of USD 0.83 for the quarter ended June 30, 2026, according to the Yahoo Finance transcript.

Stock sits below its yearly high

The Nasdaq-listed company had a market capitalization of USD 46.1 billion and a price-to-earnings ratio of 131.20 as of October 23, 2026 at 10:47 a.m. EDT. Its 52-week range was USD 97.89 to USD 499.48, placing the latest Nasdaq quote of USD 265.56 46.83 percent below the high. Trading volume stood at 755,454 shares at that timestamp.

Valuation meets a November date

Stifel's USD 460.00 target stands 73.14 percent above the Nasdaq quote of USD 265.56 on October 23, 2026. The target is based on a projected 28.00 times enterprise-value-to-sales ratio for calendar year 2027, as reported by Investing.com. Astera Labs is scheduled to report third-quarter 2026 results on November 3, 2026, according to its investor-relations page.

Comparison with peers

Astera Labs: 1.07 percent above the Tradegate close, P/E 131.20, market capitalization USD 46.1 billion.

Price and investor perspective

The figures place Astera Labs between a strong latest quarter and a demanding valuation. Revenue growth of 104.00 percent year over year is the central operating comparison, while the 46.83 percent gap to the 52-week high shows the distance between the latest quote and its recent peak.

Astera Labs stock was trading at EUR 235.50 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST, 1.07 percent above the Tradegate close of October 22, 2026 at EUR 233.00. The further course of trading is shown by the continuously updated real-time quote of Astera Labs stock.