Here's Why Astera Labs (ALAB) is Down More than 12% Since Q3 2025 Results

​Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Up and Coming Tech Stocks to Buy. Astera Labs, Inc. (NASDAQ:ALAB) share price has fallen more than 12% since the release of its fiscal Q3 2025 results on November 4. The share price continues to fall despite the company beating earnings expectations during the quarter.

​Wall Street has had a mixed opinion on the stock since the earnings release. On November 20, Karl Ackerman from Exane BNP Paribas initiated the stock with a Buy rating and a $225 price target. However, on the same day, Simon Leopold from Raymond James initiated a Hold rating on the stock without disclosing any price targets.

​During the quarter, Astera Labs, Inc. (NASDAQ:ALAB) grew its revenue by 103.89% year-over-year to $230.58 million, surpassing estimates by $24.15 million. The EPS of $0.49 also topped the consensus by $0.10. Management attributed growth to robust demand across its signal conditioning, smart cable module (SCM), and switch fabric portfolios.

​Looking ahead, management expects fiscal fourth quarter revenue in the range of $245 million to $253 million, ahead of Wall Street estimates of $215.1 million.

​Astera Labs, Inc. (NASDAQ:ALAB) is engaged in designing, manufacturing, and selling semiconductor-based connectivity solutions for cloud and AI infrastructure.

While we acknowledge the potential of ALAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.