Astera Labs shares sink 10% as revenue comes up short of some expectations [CNBC]
Astera Labs, Inc. (ALAB)
Company Research
Source: CNBC
CEO Jitendra Mohan told CNBC that “AI is still in its early innings,” issuing strong guidance for the first-quarter of 2026. Despite the beat, shares sunk 10% in extended trading as CFO Mike Tate announced that he is stepping down. In this article Cheng Xin | Getty Images Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts' expectations. Here's how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs. $250 million expected Revenue in the fourth quarter rose 92% year over year. However, some analysts were expecting the company to report revenue in excess of $280 million for the period. Astera Labs reported $45 million in net income for the quarter, an 82% increase from $24.7 million the year before. The company said it expects first-qua
Show less
Read more
Impact Snapshot
Event Time:
ALAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALAB alerts
High impacting Astera Labs, Inc. news events
Weekly update
A roundup of the hottest topics
ALAB
News
- Astera Labs stock plummets, T-Mobile disappoints, Cloudflare pops [Yahoo! Finance]Yahoo! Finance
- Astera Labs Q4 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Fall [Yahoo! Finance]Yahoo! Finance
- Astera Labs (NASDAQ:ALAB) had its price target lowered by analysts at Citigroup Inc. from $275.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
- Astera Labs in focus as analysts debate results, Amazon deal [Seeking Alpha]Seeking Alpha
- Astera Labs (ALAB) Valuation Check After Strong Long Term Returns And Recent Share Price Swings [Yahoo! Finance]Yahoo! Finance
ALAB
Earnings
- 2/10/26 - Beat
ALAB
Sec Filings
- 2/10/26 - Form 4
- 2/10/26 - Form 4
- 2/10/26 - Form 4
- ALAB's page on the SEC website