These Analysts Boost Their Forecasts On Astera Labs Following Upbeat Q3 Results
1. Astera Labs reported Q3 revenue of $230.58 million, exceeding estimates. 2. Adjusted earnings of 49 cents beat expectations of 39 cents per share. 3. CEO noted strong demand in AI-related product portfolios. 4. Q4 revenue guidance of $245-$253 million indicates positive outlook. 5. Analysts raised price targets; Needham from $205 to $220 and Stifel from $185 to $200.