Your email has been successfully added to our mailing list.

×
-0.00139234763010036 -0.00148060199836107 -0.00383845902804736 -0.00168994444492194 0.000827784105795834 -0.00542516459274411 -0.0103611289419459 -0.00972208357875994
Stock impact report

Astera Labs shares stumble amid high expectations; Wall Street defends AI promise [Seeking Alpha]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Seeking Alpha
Shares fell 9% in early trading. It's likely that Astera will continue to grow revenue through the second-half of 2024 and into 2025, aided by "strong" artificial intelligence server deployments, new platform ramps and a rise in the average selling price of next-generation retimer solutions, J.P. Morgan analyst Harlan Sur said. Astera may also benefit from new design wins for more retimers for the non-Nvidia ( NVDA ) ecosystem, which could be a "strong revenue growth opportunity," Sur added. "We believe Astera's strong product cadence will continue to set a high bar for competitors, which drives our confidence that it will sustain a [more than] 80% PCIe retimer market share over the long term," Sur wrote. He reiterated his Overweight rating and bumped his price target to $95 from $85, noting gross margins are on pace to be roughly 200 basis points higher than expectations. Evercore ISI analyst Mark Lipacais also praised Astera, especially after company management said its Ari Show less Read more
Impact Snapshot
Event Time:
NVDA
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
Opt-in for NVDA alerts
Opt-in for
NVDA alerts

from News Quantified
Opt-in for
NVDA alerts

from News Quantified