Astera unveils Orion. Astera Labs stock trades at EUR 235.50 versus EUR 234.00 Xetra close
Published on 10/23/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and product milestones
- Astera Labs unveiled Orion on October 12, 2026.
- Second-quarter 2026 revenue reached USD 392.40 million, up 104.00 percent year over year.
- Astera Labs stock trades at EUR 235.50 at 11:31 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.64 percent above the Xetra close of October 22, 2026.
- The next earnings release is scheduled for November 3, 2026.
Astera Labs stock (ISIN US04626A1034) trades at EUR 235.50 at Lang & Schwarz on October 23, 2026 at 11:31 a.m. CEST, 0.64 percent above the Xetra close of October 22, 2026 at EUR 234.00. The company unveiled its Orion rack-scale architecture on October 12, 2026, according to Astera Labs. The product move puts execution on AI connectivity infrastructure at the center of the upcoming earnings discussion.
Orion broadens the product story
Orion is designed as a compute-agnostic rack-scale reference architecture for AI factories. Astera Labs says its platform combines connectivity technologies including CXL, Ethernet, NVLink Fusion, PCIe and UALink with the COSMOS software suite. The approach gives customers more flexibility to combine GPUs and CPUs while keeping the rack connectivity layer standardized.
Simply Wall St reported on October 23, 2026 that Orion availability is expected to start in early 2027. That timetable makes the November report important for separating announced architecture from near-term revenue contribution.
Three dated product developments
On October 8, 2026, Astera Labs announced Aries 7, a PCIe 7 signal-conditioning portfolio spanning copper and optical connectivity. On October 12, 2026, the company unveiled Orion as a rack-scale reference design. On October 23, 2026, Simply Wall St highlighted third-quarter revenue guidance of USD 540 million to USD 560 million and the planned Scorpio ramp.
What does the guide imply for margins?
The revenue range would represent roughly 40.00 percent sequential growth at its midpoint versus second-quarter revenue of USD 392.40 million. TIKR reported on October 22, 2026 that management guided non-GAAP gross margin to about 72.00 percent, down from 73.70 percent in the second quarter, as switch and module sales expand. The trade-off is clear: faster growth must offset pressure on profitability.
Dates investors can mark
The next substantiated date is November 3, 2026, when Astera Labs is scheduled to report third-quarter 2026 results after the market close, according to Zacks. The company lists its earnings call for 4:30 p.m. EST on that date. Orion system availability is expected in early 2027, while the nearer test is whether Scorpio volume production supports the guidance range.
Stock stays above the Xetra close
Astera Labs was last at USD 257.82 on Nasdaq on October 22, 2026 at 4:00 p.m. EDT. The finance profile identifies Astera Labs as a Technology company in the Semiconductors industry, with 756 employees and Jitendra Mohan as chief executive officer.
The further course of trading is shown by the continuously updated real-time quote of Astera Labs stock.
Astera Labs market facts
- Company: Astera Labs, Inc.
- ISIN: US04626A1034
- Ticker: ALAB
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 11:31 a.m. CEST): EUR 235.50
- Change versus Xetra close: plus 0.64 percent
- Xetra close (October 22, 2026): EUR 234.00
- Market capitalization: USD 44.7 billion (as of October 22, 2026)
- 52-week range: USD 97.89-499.48 (as of October 22, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: Nasdaq-100
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
