Astera Labs stock falls 4.21 percent. Third-quarter guidance reaches USD 560 million
Published on 10/20/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and reporting calendar
- Third-quarter guidance calls for USD 540 million to USD 560 million in revenue.
- Second-quarter revenue reached USD 392.4 million, up 104.00 percent year over year.
- Astera Labs stock trades at EUR 250.00 at 11:01 a.m. CEST at Lang & Schwarz on October 20, 2026, 4.21 percent below the Xetra close of October 19, 2026.
Astera Labs (ISIN US04626A1034) stock was trading at EUR 250.00 at Lang & Schwarz on October 20, 2026, at 11:01 a.m. CEST, down 4.21 percent versus the Xetra close of October 19, 2026 at EUR 261.00. The company expects third-quarter revenue of USD 540 million to USD 560 million, according to Simply Wall St.
Three dates changed the setup
On August 4, 2026, Astera Labs reported second-quarter revenue of USD 392.4 million, up 104.00 percent year over year, with non-GAAP diluted earnings per share of USD 0.80, according to Yahoo Finance. On October 8, 2026, the company announced Aries 7, a PCIe 7 signal conditioning portfolio, on its investor-relations page. On October 12, 2026, Astera Labs unveiled Orion, a rack-scale architecture designed to support up to 160 accelerators per pod, as reported by Simply Wall St.
What does guidance mean for growth?
The third-quarter revenue range implies a sharp sequential expansion from the USD 392.4 million reported for the second quarter. The earnings-call transcript said the midpoint of the range represented 40.00 percent sequential growth, driven by the volume production ramp of Scorpio X-Series products and continued demand for Aries PCIe 6.0 retimers, according to Yahoo Finance. Management also expects third-quarter non-GAAP gross margin of approximately 72.00 percent, versus 73.70 percent in the second quarter.
What comes next for Astera Labs?
Astera Labs has scheduled its third-quarter 2026 earnings call for November 3, 2026 at 4:30 p.m. EST. The date gives investors the next formal test of whether Scorpio X-Series volume production can support the guided revenue range and preserve the companys recent margin profile.
Stock price and valuation context
Astera Labs stock was trading at EUR 250.00 at Lang & Schwarz on October 20, 2026, at 11:01 a.m. CEST. The price was 4.21 percent below the Xetra close of October 19, 2026 at EUR 261.00. On the Nasdaq, the stock last stood at USD 286.58 on October 19, 2026 at 4:00 p.m. ET. The current market capitalization was USD 49.7 billion, while the 52-week range was USD 97.89 to USD 499.48 as of October 19, 2026. The further course of trading is shown by the continuously updated real-time quote of Astera Labs stock.
Astera Labs stock facts
- Company: Astera Labs, Inc.
- ISIN: US04626A1034
- Ticker: ALAB
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 11:01 a.m. CEST): EUR 250.00
- Change versus Xetra close: minus 4.21 percent
- Xetra close (October 19, 2026): EUR 261.00
- Market capitalization: USD 49.7 billion (as of October 19, 2026)
- 52-week range: USD 97.89-499.48 (as of October 19, 2026)
- Sector / Industry: Information technology / Semiconductors
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
