These Analysts Increase Their Forecasts On Astera Labs After Strong Q2 Results
1. Astera Labs reported record revenue of $191.9 million, up 150% YoY. 2. The company outperformed earnings expectations, reporting 44 cents EPS vs 32 cents consensus. 3. Q3 revenue guidance is between $203 million and $210 million, above analyst estimates. 4. Analysts increased price targets significantly, reflecting strong future growth prospects. 5. Shares dipped 1.7% to $135.54 post-report despite positive financial results.