2025 Q4 -tulosraportti
3 päivää sitten
‧1 t 1 min
Tarjoustasot
Määrä
Osto
2
Myynti
Määrä
140
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
133,29VWAP
Alin
122,57VaihtoMäärä
670,8 7 596 191
VWAP
Ylin
133,29Alin
122,57VaihtoMäärä
670,8 7 596 191
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 5.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 4.11.2025 | ||
2025 Q2 -tulosraportti 5.8.2025 | ||
2025 Q1 -tulosraportti 6.5.2025 | ||
2024 Q4 -tulosraportti 10.2.2025 |
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·5 t sittenI wait until around 105 to buy
2 päivää sitten2 päivää sittenOverall Financial Performance Q4 2025 revenue was $270.6M, up 17% sequentially and 92% year over year. Full-year 2025 revenue was $852.5M, up 115% versus 2024, with broad-based growth across Scorpio (AI fabric switches), Ares (PCIe retimers), Taurus (Ethernet AEC/smart cable modules), and Leo (CXL memory). Q4 non-GAAP gross margin was 75.7% (down 70 bps QoQ due to higher hardware mix); non-GAAP operating margin was 40.2% (down 150 bps QoQ). Q4 non-GAAP operating expenses were $96M (R&D $70.7M; S&M $11.1M; G&A $14.2M), reflecting increased R&D and the XScale acquisition. Q4 non-GAAP EPS was $0.58; operating cash flow was $95.3M; cash and securities ended at $1.19B. Q1 2026 Outlook Q1 2026 revenue guide: $286M–$297M (up ~6–10% QoQ). Growth drivers by product: Ares: more AI platforms across both scale-up and scale-out PCIe connectivity. Taurus: higher 400G volumes for AI scale-out connectivity. Scorpio: continued P Series deployment and initial X Series volumes. Expected Q1 non-GAAP gross margin ~74% (lower due to higher hardware mix). Q1 non-GAAP opex expected at $112M–$118M, reflecting aggressive R&D hiring, Israel design center ramp, XScale acquisition, and an acqui-hire in Israel. Interest income expected at ~$11M; non-GAAP tax rate ~12%; fully diluted share count ~184M; guided non-GAAP EPS $0.53–$0.54. From Q2 2026, Amazon warrant accounting is expected to reduce reported gross margin by roughly 2 points per quarter (non-cash). AI Infrastructure Market Context and TAM Astera sees “exceptionally strong” AI/cloud CapEx from top US hyperscalers; Google and AWS together are guiding nearly $400B in 2026 CapEx. Company estimates its served addressable market expanding more than 10x over five years to about $25B, driven by: Copper-based signal conditioning (Ares, Taurus). Scorpio PCIe/UA Link AI fabric switches. CXL memory controllers (Leo). Custom connectivity solutions (e.g., NVLink Fusion). Management expects merchant scale-up switching alone (PCIe, UA Link, and platform-specific fabrics) to reach roughly $20B annually by 2030; Astera aims to serve a large portion of that market with current and planned roadmaps. Scorpio AI Fabric (P Series and X Series) Scorpio P Series (PCIe Gen6 scale-out/fabric switching): Only PCIe Gen6 fabric shipping in high volume today, according to management. Exceeded the 2025 goal of 10% of revenue; actually surpassed 15% of company revenue in 2025. Lead customer ramp continued strongly through 2025; used primarily for scale-out and head-node connectivity. Design wins now include at least two additional major US hyperscalers; these new platforms are expected to enter production late 2026 with more meaningful revenue impact in 2027. P Series is deployed with both merchant GPUs and custom accelerators; management believes new customers can ultimately be as large as the lead hyperscaler in revenue impact. Scorpio X Series (PCIe-based scale-up networking): Pre-production quantities shipped in Q4 2025; initial volumes expected in 1H 2026; more material ramp in 2H 2026. Engaged with 10+ customers for X Series; additional customer platforms expected to qualify toward end of 2026 with volume ramps in 2027. X Series targets large XPU (GPU/accelerator/CPU) clusters using PCIe as a memory-centric scale-up protocol; management views its TAM as larger than P Series. Astera expects Scorpio (P+X) to become its largest product line over time, although Ares, Taurus, and Leo are also growing. Ares PCIe Signal Conditioning (Retimers/Smart Cable Modules) Ares portfolio grew nearly 70% year over year in 2025. Ares Gen6 products are described as the only PCIe 6 DSP retimer shipping in high volume today; used across chip-down and cabled applications supporting AI accelerators and systems. Growth is driven by: PCIe 6 transition (higher bandwidth, more reach-extension content). Increasing deployment of custom AI accelerators at hyperscalers. More scale-up and cabled PCIe topologies (e.g., smart cable modules). Management believes PCIe will remain the “nervous system” inside servers for GPUs, CPUs, NICs, etc., and that Ares will continue to grow through 2026 and beyond. Copper and optical are expected to coexist for a long time; eventual scale-up co-packaged optics deployments are targeted by Astera around 2028, but copper remains the preference until reach/bandwidth force optical.·2 päivää sittenI have personally become much happier with my position after this financial report... as Elohim's writing describes, they are on quite a growth journey. I believe the drop is due to uncertainty surrounding the new CFO while they are growing so strongly. That kind of thing is usually always poorly received at first. The old CFO will, however, stay on board in an advisory role as I understand it. At the same time, it had risen a lot leading up to the financial report, so expectations were already very high. I think this was a strong financial report.
2.1.2.1.Northland just upgraded to $195 a share
·6.2.Also one of my favorites for 2026. With the investments we see in capacity in guidance for 2026 from the large tech companies, I think Astera Labs should be able to deliver strong growth in 2026. It is still a company that I need to look into a bit more, but I have made my first entry and am considering buying a bit more around and below price 150 with a target of +185 in 2026. Exciting if they can deliver
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2025 Q4 -tulosraportti
3 päivää sitten
‧1 t 1 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·5 t sittenI wait until around 105 to buy
- 2 päivää sitten2 päivää sittenOverall Financial Performance Q4 2025 revenue was $270.6M, up 17% sequentially and 92% year over year. Full-year 2025 revenue was $852.5M, up 115% versus 2024, with broad-based growth across Scorpio (AI fabric switches), Ares (PCIe retimers), Taurus (Ethernet AEC/smart cable modules), and Leo (CXL memory). Q4 non-GAAP gross margin was 75.7% (down 70 bps QoQ due to higher hardware mix); non-GAAP operating margin was 40.2% (down 150 bps QoQ). Q4 non-GAAP operating expenses were $96M (R&D $70.7M; S&M $11.1M; G&A $14.2M), reflecting increased R&D and the XScale acquisition. Q4 non-GAAP EPS was $0.58; operating cash flow was $95.3M; cash and securities ended at $1.19B. Q1 2026 Outlook Q1 2026 revenue guide: $286M–$297M (up ~6–10% QoQ). Growth drivers by product: Ares: more AI platforms across both scale-up and scale-out PCIe connectivity. Taurus: higher 400G volumes for AI scale-out connectivity. Scorpio: continued P Series deployment and initial X Series volumes. Expected Q1 non-GAAP gross margin ~74% (lower due to higher hardware mix). Q1 non-GAAP opex expected at $112M–$118M, reflecting aggressive R&D hiring, Israel design center ramp, XScale acquisition, and an acqui-hire in Israel. Interest income expected at ~$11M; non-GAAP tax rate ~12%; fully diluted share count ~184M; guided non-GAAP EPS $0.53–$0.54. From Q2 2026, Amazon warrant accounting is expected to reduce reported gross margin by roughly 2 points per quarter (non-cash). AI Infrastructure Market Context and TAM Astera sees “exceptionally strong” AI/cloud CapEx from top US hyperscalers; Google and AWS together are guiding nearly $400B in 2026 CapEx. Company estimates its served addressable market expanding more than 10x over five years to about $25B, driven by: Copper-based signal conditioning (Ares, Taurus). Scorpio PCIe/UA Link AI fabric switches. CXL memory controllers (Leo). Custom connectivity solutions (e.g., NVLink Fusion). Management expects merchant scale-up switching alone (PCIe, UA Link, and platform-specific fabrics) to reach roughly $20B annually by 2030; Astera aims to serve a large portion of that market with current and planned roadmaps. Scorpio AI Fabric (P Series and X Series) Scorpio P Series (PCIe Gen6 scale-out/fabric switching): Only PCIe Gen6 fabric shipping in high volume today, according to management. Exceeded the 2025 goal of 10% of revenue; actually surpassed 15% of company revenue in 2025. Lead customer ramp continued strongly through 2025; used primarily for scale-out and head-node connectivity. Design wins now include at least two additional major US hyperscalers; these new platforms are expected to enter production late 2026 with more meaningful revenue impact in 2027. P Series is deployed with both merchant GPUs and custom accelerators; management believes new customers can ultimately be as large as the lead hyperscaler in revenue impact. Scorpio X Series (PCIe-based scale-up networking): Pre-production quantities shipped in Q4 2025; initial volumes expected in 1H 2026; more material ramp in 2H 2026. Engaged with 10+ customers for X Series; additional customer platforms expected to qualify toward end of 2026 with volume ramps in 2027. X Series targets large XPU (GPU/accelerator/CPU) clusters using PCIe as a memory-centric scale-up protocol; management views its TAM as larger than P Series. Astera expects Scorpio (P+X) to become its largest product line over time, although Ares, Taurus, and Leo are also growing. Ares PCIe Signal Conditioning (Retimers/Smart Cable Modules) Ares portfolio grew nearly 70% year over year in 2025. Ares Gen6 products are described as the only PCIe 6 DSP retimer shipping in high volume today; used across chip-down and cabled applications supporting AI accelerators and systems. Growth is driven by: PCIe 6 transition (higher bandwidth, more reach-extension content). Increasing deployment of custom AI accelerators at hyperscalers. More scale-up and cabled PCIe topologies (e.g., smart cable modules). Management believes PCIe will remain the “nervous system” inside servers for GPUs, CPUs, NICs, etc., and that Ares will continue to grow through 2026 and beyond. Copper and optical are expected to coexist for a long time; eventual scale-up co-packaged optics deployments are targeted by Astera around 2028, but copper remains the preference until reach/bandwidth force optical.·2 päivää sittenI have personally become much happier with my position after this financial report... as Elohim's writing describes, they are on quite a growth journey. I believe the drop is due to uncertainty surrounding the new CFO while they are growing so strongly. That kind of thing is usually always poorly received at first. The old CFO will, however, stay on board in an advisory role as I understand it. At the same time, it had risen a lot leading up to the financial report, so expectations were already very high. I think this was a strong financial report.
- 2.1.2.1.Northland just upgraded to $195 a share·6.2.Also one of my favorites for 2026. With the investments we see in capacity in guidance for 2026 from the large tech companies, I think Astera Labs should be able to deliver strong growth in 2026. It is still a company that I need to look into a bit more, but I have made my first entry and am considering buying a bit more around and below price 150 with a target of +185 in 2026. Exciting if they can deliver
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
2
Myynti
Määrä
140
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
133,29VWAP
Alin
122,57VaihtoMäärä
670,8 7 596 191
VWAP
Ylin
133,29Alin
122,57VaihtoMäärä
670,8 7 596 191
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 5.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 4.11.2025 | ||
2025 Q2 -tulosraportti 5.8.2025 | ||
2025 Q1 -tulosraportti 6.5.2025 | ||
2024 Q4 -tulosraportti 10.2.2025 |
2025 Q4 -tulosraportti
3 päivää sitten
‧1 t 1 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 5.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 4.11.2025 | ||
2025 Q2 -tulosraportti 5.8.2025 | ||
2025 Q1 -tulosraportti 6.5.2025 | ||
2024 Q4 -tulosraportti 10.2.2025 |
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·5 t sittenI wait until around 105 to buy
- 2 päivää sitten2 päivää sittenOverall Financial Performance Q4 2025 revenue was $270.6M, up 17% sequentially and 92% year over year. Full-year 2025 revenue was $852.5M, up 115% versus 2024, with broad-based growth across Scorpio (AI fabric switches), Ares (PCIe retimers), Taurus (Ethernet AEC/smart cable modules), and Leo (CXL memory). Q4 non-GAAP gross margin was 75.7% (down 70 bps QoQ due to higher hardware mix); non-GAAP operating margin was 40.2% (down 150 bps QoQ). Q4 non-GAAP operating expenses were $96M (R&D $70.7M; S&M $11.1M; G&A $14.2M), reflecting increased R&D and the XScale acquisition. Q4 non-GAAP EPS was $0.58; operating cash flow was $95.3M; cash and securities ended at $1.19B. Q1 2026 Outlook Q1 2026 revenue guide: $286M–$297M (up ~6–10% QoQ). Growth drivers by product: Ares: more AI platforms across both scale-up and scale-out PCIe connectivity. Taurus: higher 400G volumes for AI scale-out connectivity. Scorpio: continued P Series deployment and initial X Series volumes. Expected Q1 non-GAAP gross margin ~74% (lower due to higher hardware mix). Q1 non-GAAP opex expected at $112M–$118M, reflecting aggressive R&D hiring, Israel design center ramp, XScale acquisition, and an acqui-hire in Israel. Interest income expected at ~$11M; non-GAAP tax rate ~12%; fully diluted share count ~184M; guided non-GAAP EPS $0.53–$0.54. From Q2 2026, Amazon warrant accounting is expected to reduce reported gross margin by roughly 2 points per quarter (non-cash). AI Infrastructure Market Context and TAM Astera sees “exceptionally strong” AI/cloud CapEx from top US hyperscalers; Google and AWS together are guiding nearly $400B in 2026 CapEx. Company estimates its served addressable market expanding more than 10x over five years to about $25B, driven by: Copper-based signal conditioning (Ares, Taurus). Scorpio PCIe/UA Link AI fabric switches. CXL memory controllers (Leo). Custom connectivity solutions (e.g., NVLink Fusion). Management expects merchant scale-up switching alone (PCIe, UA Link, and platform-specific fabrics) to reach roughly $20B annually by 2030; Astera aims to serve a large portion of that market with current and planned roadmaps. Scorpio AI Fabric (P Series and X Series) Scorpio P Series (PCIe Gen6 scale-out/fabric switching): Only PCIe Gen6 fabric shipping in high volume today, according to management. Exceeded the 2025 goal of 10% of revenue; actually surpassed 15% of company revenue in 2025. Lead customer ramp continued strongly through 2025; used primarily for scale-out and head-node connectivity. Design wins now include at least two additional major US hyperscalers; these new platforms are expected to enter production late 2026 with more meaningful revenue impact in 2027. P Series is deployed with both merchant GPUs and custom accelerators; management believes new customers can ultimately be as large as the lead hyperscaler in revenue impact. Scorpio X Series (PCIe-based scale-up networking): Pre-production quantities shipped in Q4 2025; initial volumes expected in 1H 2026; more material ramp in 2H 2026. Engaged with 10+ customers for X Series; additional customer platforms expected to qualify toward end of 2026 with volume ramps in 2027. X Series targets large XPU (GPU/accelerator/CPU) clusters using PCIe as a memory-centric scale-up protocol; management views its TAM as larger than P Series. Astera expects Scorpio (P+X) to become its largest product line over time, although Ares, Taurus, and Leo are also growing. Ares PCIe Signal Conditioning (Retimers/Smart Cable Modules) Ares portfolio grew nearly 70% year over year in 2025. Ares Gen6 products are described as the only PCIe 6 DSP retimer shipping in high volume today; used across chip-down and cabled applications supporting AI accelerators and systems. Growth is driven by: PCIe 6 transition (higher bandwidth, more reach-extension content). Increasing deployment of custom AI accelerators at hyperscalers. More scale-up and cabled PCIe topologies (e.g., smart cable modules). Management believes PCIe will remain the “nervous system” inside servers for GPUs, CPUs, NICs, etc., and that Ares will continue to grow through 2026 and beyond. Copper and optical are expected to coexist for a long time; eventual scale-up co-packaged optics deployments are targeted by Astera around 2028, but copper remains the preference until reach/bandwidth force optical.·2 päivää sittenI have personally become much happier with my position after this financial report... as Elohim's writing describes, they are on quite a growth journey. I believe the drop is due to uncertainty surrounding the new CFO while they are growing so strongly. That kind of thing is usually always poorly received at first. The old CFO will, however, stay on board in an advisory role as I understand it. At the same time, it had risen a lot leading up to the financial report, so expectations were already very high. I think this was a strong financial report.
- 2.1.2.1.Northland just upgraded to $195 a share·6.2.Also one of my favorites for 2026. With the investments we see in capacity in guidance for 2026 from the large tech companies, I think Astera Labs should be able to deliver strong growth in 2026. It is still a company that I need to look into a bit more, but I have made my first entry and am considering buying a bit more around and below price 150 with a target of +185 in 2026. Exciting if they can deliver
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
2
Myynti
Määrä
140
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
133,29VWAP
Alin
122,57VaihtoMäärä
670,8 7 596 191
VWAP
Ylin
133,29Alin
122,57VaihtoMäärä
670,8 7 596 191
Välittäjätilasto
Dataa ei löytynyt