Astera Labs (ALAB)
Market Price (2/1/2026): $150.45 | Market Cap: $25.2 BilSector: Information Technology | Industry: Semiconductors
Astera Labs (ALAB)
Market Price (2/1/2026): $150.45Market Cap: $25.2 BilSector: Information TechnologyIndustry: Semiconductors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 137% | Expensive valuation multiplesP/SPrice/Sales ratio is 35x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 237x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 96x, P/EPrice/Earnings or Price/(Net Income) is 127x |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 23% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include Data Centers & Infrastructure, and AI Chips. | Key risksALAB key risks include [1] a high concentration of major cloud and server OEM customers who could develop in-house or alternative solutions, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 137% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include Data Centers & Infrastructure, and AI Chips. |
| Expensive valuation multiplesP/SPrice/Sales ratio is 35x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 237x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 96x, P/EPrice/Earnings or Price/(Net Income) is 127x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 23% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3% |
| Key risksALAB key risks include [1] a high concentration of major cloud and server OEM customers who could develop in-house or alternative solutions, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. "Sell the News" Phenomenon and High Expectations: Despite Astera Labs reporting strong financial results for Q3 2025 on November 4, 2025, with revenue climbing 104% year-over-year and beating EPS forecasts, the stock experienced a notable decline of 6.39% that day. This suggests that the positive performance was largely anticipated and priced into the stock, leading investors to sell shares after the announcement to realize profits, a pattern observed with other positive news.
2. Negative Reaction to Connectivity Portfolio Expansion: On December 2, 2025, Astera Labs announced an expansion of its connectivity portfolio with custom AI solutions. However, this seemingly positive development was followed by a significant negative market reaction, with the stock moving down 13.47%. This indicates investor skepticism or concerns regarding the immediate impact or competitive landscape for these new offerings.
Show more
Stock Movement Drivers
Fundamental Drivers
The -19.3% change in ALAB stock from 10/31/2025 to 1/31/2026 was primarily driven by a -58.9% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 1312026 | Change |
|---|---|---|---|
| Stock Price ($) | 186.68 | 150.62 | -19.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 606 | 723 | 19.4% |
| Net Income Margin (%) | 16.5% | 27.5% | 66.3% |
| P/E Multiple | 308.3 | 126.8 | -58.9% |
| Shares Outstanding (Mil) | 165 | 167 | -1.2% |
| Cumulative Contribution | -19.3% |
Market Drivers
10/31/2025 to 1/31/2026| Return | Correlation | |
|---|---|---|
| ALAB | -19.3% | |
| Market (SPY) | 1.5% | 37.2% |
| Sector (XLK) | -4.3% | 52.8% |
Fundamental Drivers
The 10.2% change in ALAB stock from 7/31/2025 to 1/31/2026 was primarily driven by a 225.9% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 1312026 | Change |
|---|---|---|---|
| Stock Price ($) | 136.73 | 150.62 | 10.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 490 | 723 | 47.4% |
| Net Income Margin (%) | 8.4% | 27.5% | 225.9% |
| P/E Multiple | 539.1 | 126.8 | -76.5% |
| Shares Outstanding (Mil) | 163 | 167 | -2.5% |
| Cumulative Contribution | 10.2% |
Market Drivers
7/31/2025 to 1/31/2026| Return | Correlation | |
|---|---|---|
| ALAB | 10.2% | |
| Market (SPY) | 9.8% | 38.8% |
| Sector (XLK) | 9.7% | 50.8% |
Fundamental Drivers
The 48.5% change in ALAB stock from 1/31/2025 to 1/31/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 1312026 | Change |
|---|---|---|---|
| Stock Price ($) | 101.42 | 150.62 | 48.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 723 | 0.0% |
| Net Income Margin (%) | � | 27.5% | 0.0% |
| P/E Multiple | � | 126.8 | 0.0% |
| Shares Outstanding (Mil) | 153 | 167 | -8.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2025 to 1/31/2026| Return | Correlation | |
|---|---|---|
| ALAB | 48.5% | |
| Market (SPY) | 16.0% | 49.5% |
| Sector (XLK) | 25.3% | 59.5% |
Fundamental Drivers
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Market Drivers
1/31/2023 to 1/31/2026| Return | Correlation | |
|---|---|---|
| ALAB | ||
| Market (SPY) | 76.6% | 44.6% |
| Sector (XLK) | 116.0% | 52.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ALAB Return | - | - | - | 114% | 26% | -4% | 159% |
| Peers Return | 59% | -11% | 67% | 76% | 46% | 8% | 560% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 2% | 86% |
Monthly Win Rates [3] | |||||||
| ALAB Win Rate | - | - | - | 60% | 50% | 0% | |
| Peers Win Rate | 67% | 48% | 62% | 57% | 52% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| ALAB Max Drawdown | - | - | - | -41% | -60% | -6% | |
| Peers Max Drawdown | -6% | -37% | -11% | -21% | -40% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AVGO, MRVL, CRDO, MCHP, RMBS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/30/2026 (YTD)
How Low Can It Go
ALAB has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -34.0% | -25.4% |
| % Gain to Breakeven | 51.6% | 34.1% |
| Time to Breakeven | 278 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -31.5% | -33.9% |
| % Gain to Breakeven | 46.0% | 51.3% |
| Time to Breakeven | 79 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.1% | -19.8% |
| % Gain to Breakeven | 31.8% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -53.6% | -56.8% |
| % Gain to Breakeven | 115.3% | 131.3% |
| Time to Breakeven | 1,183 days | 1,480 days |
Compare to AVGO, MRVL, CRDO, MCHP, RMBS
In The Past
SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.
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About Astera Labs (ALAB)
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Astera Labs:
Astera Labs is like a specialized Broadcom for AI data center interconnects.
Astera Labs is like the NVIDIA of high-speed connectivity chips for AI infrastructure.
AI Analysis | Feedback
- Aries PCIe Retimers: Semiconductor devices designed to extend the reach and enhance the signal integrity of Peripheral Component Interconnect Express (PCIe) connections in data centers.
- Leo CXL Memory Connectivity Controllers: Semiconductor controllers that enable memory expansion and pooling using the Compute Express Link (CXL) standard, optimizing resource utilization in AI and cloud servers.
- Gemini CXL/PCIe Smart Cable Modules: Integrated modules that embed Astera Labs' connectivity technology into active cables to improve signal integrity and performance for high-bandwidth interconnects.
AI Analysis | Feedback
Astera Labs (ALAB) primarily sells its semiconductor solutions to other companies, specifically Original Design Manufacturers (ODMs) and Original Equipment Manufacturers (OEMs) that build servers and data center infrastructure for hyperscale cloud service providers and enterprise customers. The company's products, such as PCIe and CXL retimers, are critical components in high-performance computing, AI platforms, and data centers.
Based on industry reports and company information, major direct customer companies include:
- Inventec Corporation (Taiwan Stock Exchange: 2324.TW) - A major Taiwan-based ODM specializing in the production of servers and other computing hardware.
- Wistron Corporation (Taiwan Stock Exchange: 3231.TW) - Another leading Taiwan-based ODM and electronics manufacturer known for producing a wide range of computing devices, including servers.
- Hon Hai Precision Industry Co., Ltd. (Foxconn) (Taiwan Stock Exchange: 2317.TW) - A global leader in electronics manufacturing services (EMS) and an ODM, manufacturing products for many of the world's largest technology companies.
These direct customers integrate Astera Labs' components into the servers and other infrastructure they build for ultimate end-customers, which include leading cloud service providers (e.g., Amazon Web Services, Microsoft Azure, Google Cloud) and major technology companies (e.g., NVIDIA).
AI Analysis | Feedback
- Taiwan Semiconductor Manufacturing Company Limited (TSM)
- Samsung Foundry (SSNLF)
- United Microelectronics Corporation (UMC)
- ASE Technology Holding Co., Ltd. (ASX)
- Amkor Technology, Inc. (AMKR)
- Siliconware Precision Industries Co., Ltd.
AI Analysis | Feedback
Jitendra Mohan, Chief Executive Officer, Co-Founder & Director
Jitendra Mohan co-founded Astera Labs in 2017 and has served as Chief Executive Officer and a board member since November 2017. Before Astera Labs, he was the Product Line (General) Manager at Texas Instruments Inc. from March 2012 to October 2017. He also held various technical leadership roles, including Design Director, at National Semiconductor Corporation from June 1996 to March 2012. Mr. Mohan has over two decades of engineering and general management experience and holds more than 35 granted patents. He led Astera Labs through a successful IPO in March 2024.
Mike Tate, Chief Financial Officer
Mike Tate is the Chief Financial Officer for Astera Labs and is a veteran of the semiconductor industry. He has served as CFO for several companies, including Annapurna Labs, NetLogic MicroSystems, Marvell Technology, and Galileo Technology. Mr. Tate has overseen numerous mergers, acquisitions, and IPOs during his career. Most recently, he was the CFO at Annapurna Labs, a semiconductor company that had a successful liquidity event in 2015. Previously, he was Vice President of Finance and CFO of NetLogic MicroSystems, Inc., a publicly traded semiconductor company that experienced over 400% revenue growth, completed five successful acquisitions, and was sold to Broadcom Corporation for $3.7 billion.
Sanjay Gajendra, President, Chief Operating Officer, Co-Founder & Director
Sanjay Gajendra is a co-founder of Astera Labs and has served as Chief Operating Officer and a member of the board of directors since November 2017. He has been President since November 2023, and from November 2017 to July 2020, he also served as Chief Financial Officer and Treasurer. Prior to co-founding Astera Labs, Mr. Gajendra served as Product Line (General) Manager at Texas Instruments Inc. from July 2014 to October 2017. His earlier experience includes roles as a Product Manager at National Semiconductor Corporation from June 2006 to December 2011 and a Senior Software Engineer at Wipro Limited.
Casey Morrison, Chief Product Officer & Co-Founder
Casey Morrison is a co-founder of Astera Labs and serves as its Chief Product Officer. He is responsible for leading the product organization, defining products, and ensuring their seamless integration into customer systems.
Thad Omura, Chief Business Officer
Thad Omura is the Chief Business Officer for Astera Labs. In this role, he is responsible for product strategy and execution, overseeing the marketing, product management, and applications engineering functions.
AI Analysis | Feedback
The key risks to Astera Labs' business are primarily driven by the dynamic and rapidly evolving nature of the semiconductor and data center industries:
- Changes in Data Center Architecture and Product Transition Risks: Astera Labs' products are intrinsically linked to current data center architectures and AI computing configurations. A significant risk lies in potential shifts in these architectures, including a major transition from retimers to switching products and the industry's gradual move toward Ethernet-based solutions. Such changes could substantially impact the relevance of Astera Labs' offerings and its market position. Concerns also exist regarding the timing and adoption visibility of its new products, as well as potential gaps in its broader customer pipeline.
- Customer Concentration and Reliance on Major Cloud and Server OEMs: The company faces vulnerability due to its reliance on a narrow set of major cloud and server original equipment manufacturers (OEMs). If these key partners opt to develop in-house solutions, diversify their suppliers, or shift to alternative semiconductor providers, Astera Labs' revenue stream and the stability of its future design wins could be significantly threatened.
- Intense Competitive Pressures: Astera Labs operates in a highly competitive landscape. It faces threats from rivals offering scale-up switching solutions, as well as new retimer and CXL (Compute Express Link) products. The rapid pace of innovation within the AI and data center sectors means that the company must continuously adapt and innovate to maintain its competitive edge against established players and emerging technologies.
AI Analysis | Feedback
The increasing trend of major cloud service providers (hyperscalers) and large original equipment manufacturers (OEMs) to design and produce their own custom silicon (e.g., custom CPUs, AI accelerators, and network interface cards) that could integrate functionalities currently provided by Astera Labs' discrete connectivity chips (such as PCIe retimers/Redrivers and CXL controllers). This vertical integration by customers threatens to reduce the total addressable market for Astera Labs' products as these key customers opt for internally developed, integrated solutions.
AI Analysis | Feedback
Astera Labs (ALAB) operates in the global AI and cloud infrastructure markets, providing solutions to address data, memory, and networking bottlenecks. The company's total addressable market (TAM) was estimated at $17.2 billion, with projections for it to grow to $27.4 billion by 2027. This growth is primarily driven by the expansion of the AI infrastructure market.
Within its product portfolio, Astera Labs identifies the market for switches as its largest opportunity, with an addressable market of $5 billion. The company's products are integral to AI networks, improving connectivity between components like CPUs, DPUs, and storage through technologies such as Peripheral Component Interconnect Express (PCIe) and Compute Express Link (CXL).
AI Analysis | Feedback
Astera Labs (ALAB) is poised for significant future revenue growth over the next 2-3 years, driven by several key factors stemming from the increasing demand for high-speed connectivity solutions in artificial intelligence (AI) and cloud infrastructure. These drivers include:
-
Expansion and Adoption of Scorpio Smart Fabric Switches: The introduction and increasing deployment of Astera Labs' Scorpio Smart Fabric Switches, including both the P-Series and the anticipated X-Series, are expected to be major revenue drivers. The P-Series has already secured new design wins at multiple hyperscaler customers, supporting various AI platforms. The Scorpio X-Series is projected to begin shipments in late 2025 and ramp up significantly in 2026, with expectations to become the largest revenue contributor by 2026. This product line expands Astera Labs' market opportunity and unlocks higher dollar content within AI platforms.
-
Continued Momentum of PCIe 6 Solutions and Aries Retimers: The ongoing strong demand for PCIe 6 products and Aries PCIe Retimers is a consistent driver of revenue growth. These solutions are critical for scale-up and scale-out connectivity in AI rack-level configurations and have already accounted for a significant portion of recent quarterly revenue, leading to an increase in average selling prices.
-
Growth of Taurus Ethernet Smart Cable Modules (SCMs): Astera Labs anticipates robust growth and contributions from its Taurus Ethernet Smart Cable Modules. These modules play a crucial role in enabling high-speed Ethernet connectivity for AI infrastructure, contributing to the company's diversified revenue streams.
-
Increased Dollar Content Per AI Accelerator: The expanding and diversified product portfolio, particularly with the adoption of Scorpio and advanced PCIe solutions, is leading to a significant increase in the dollar content Astera Labs provides per AI accelerator. This higher value per accelerator is a key factor in driving overall revenue growth.
-
Future Contributions from ULink and Optical Solutions: While further out, Astera Labs is strategically positioning itself for future growth through its involvement with the UALink Consortium and its recent acquisition of Xscale Photonics. ULink solutions are expected to begin contributing revenue in 2027 and are seen as additive to the company's existing PCIe customer base. The acquisition of Xscale Photonics aims to bolster the company's capabilities in optical solutions, aligning with a long-term strategy to tap into a large, additive market opportunity associated with scale-up photonics, with sales scaling in 2028-2029.
AI Analysis | Feedback
Share Repurchases
- Astera Labs' 10-Year Share Buyback Ratio was 0.00% as of June 2025, and its 1-Year Share Buyback Ratio as of August 20, 2025, was -6.10%.
- The company reported share repurchases of $21.18 million in 2024 and $1.07 million for the twelve months ending September 30, 2025.
Share Issuance
- Astera Labs priced its initial public offering (IPO) on March 19, 2024, at $36.00 per share, offering 16,788,903 shares from the company.
- The gross proceeds to Astera Labs from the IPO were approximately $604.4 million.
- Overall, Astera Labs raised $712.8 million in its IPO, at an implied valuation of $5.5 billion.
Inbound Investments
- Astera Labs has raised a total of $232 million in funding over four rounds prior to its IPO.
- Its Series D funding round on November 17, 2022, raised $150 million and was led by Fidelity Investments.
- A Series C funding round in September 2021 secured $50 million, led by Fidelity Management and Research, with participation from Atreides Management and Valor Equity Partners.
Outbound Investments
- Astera Labs has acquired aiXscale Photonics.
Capital Expenditures
- Capital expenditures for Astera Labs were $34.25 million in 2024 and $34.3 million for the twelve months ending September 30, 2025.
- In the third quarter of 2025, the company invested in new production equipment, capitalizing costs primarily for future products to expand production capabilities.
- Research and development expenses increased by $28.3 million, or 56%, for the three months ended September 30, 2025, compared to the same period in 2024, driven by a 104% increase in personnel-related costs.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 119.56 |
| Mkt Cap | 33.1 |
| Rev LTM | 2,504 |
| Op Inc LTM | 224 |
| FCF LTM | 523 |
| FCF 3Y Avg | 1,280 |
| CFO LTM | 580 |
| CFO 3Y Avg | 1,593 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 38.0% |
| Rev Chg 3Y Avg | 17.3% |
| Rev Chg Q | 32.5% |
| QoQ Delta Rev Chg LTM | 7.2% |
| Op Mgn LTM | 20.0% |
| Op Mgn 3Y Avg | 21.0% |
| QoQ Delta Op Mgn LTM | 4.1% |
| CFO/Rev LTM | 30.4% |
| CFO/Rev 3Y Avg | 30.4% |
| FCF/Rev LTM | 26.0% |
| FCF/Rev 3Y Avg | 26.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 33.1 |
| P/S | 21.3 |
| P/EBIT | 85.0 |
| P/E | 60.7 |
| P/CFO | 52.8 |
| Total Yield | 1.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.4% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.7% |
| 3M Rtn | -13.0% |
| 6M Rtn | 15.7% |
| 12M Rtn | 49.8% |
| 3Y Rtn | 152.5% |
| 1M Excs Rtn | -7.8% |
| 3M Excs Rtn | -13.5% |
| 6M Excs Rtn | 3.3% |
| 12M Excs Rtn | 49.4% |
| 3Y Excs Rtn | 80.5% |
Price Behavior
| Market Price | $150.62 | |
| Market Cap ($ Bil) | 25.2 | |
| First Trading Date | 03/20/2024 | |
| Distance from 52W High | -40.2% | |
| 50 Days | 200 Days | |
| DMA Price | $161.79 | $144.52 |
| DMA Trend | up | down |
| Distance from DMA | -6.9% | 4.2% |
| 3M | 1YR | |
| Volatility | 84.2% | 87.7% |
| Downside Capture | 365.45 | 290.66 |
| Upside Capture | 212.15 | 290.69 |
| Correlation (SPY) | 36.9% | 49.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.63 | 1.99 | 2.74 | 3.15 | 2.23 | 0.14 |
| Up Beta | -7.44 | -2.05 | 1.60 | 0.88 | 1.79 | -0.44 |
| Down Beta | -0.94 | 1.64 | 2.97 | 2.59 | 2.04 | 0.97 |
| Up Capture | 9% | 233% | 234% | 652% | 922% | 931% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 10 | 22 | 32 | 67 | 130 | 240 |
| Down Capture | 274% | 345% | 302% | 299% | 160% | 111% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 10 | 19 | 29 | 58 | 119 | 224 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ALAB | |
|---|---|---|---|---|
| ALAB | 64.9% | 87.9% | 0.95 | - |
| Sector ETF (XLK) | 24.9% | 26.9% | 0.80 | 59.2% |
| Equity (SPY) | 16.1% | 19.2% | 0.65 | 49.3% |
| Gold (GLD) | 76.5% | 23.4% | 2.38 | 1.7% |
| Commodities (DBC) | 11.1% | 15.9% | 0.48 | 22.5% |
| Real Estate (VNQ) | 5.3% | 16.5% | 0.14 | 11.5% |
| Bitcoin (BTCUSD) | -18.9% | 39.9% | -0.43 | 23.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ALAB | |
|---|---|---|---|---|
| ALAB | 19.1% | 90.3% | 0.92 | - |
| Sector ETF (XLK) | 17.4% | 24.7% | 0.64 | 52.4% |
| Equity (SPY) | 14.0% | 17.1% | 0.65 | 44.6% |
| Gold (GLD) | 20.8% | 16.5% | 1.03 | 5.2% |
| Commodities (DBC) | 12.2% | 18.8% | 0.53 | 21.7% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 7.0% |
| Bitcoin (BTCUSD) | 21.1% | 57.5% | 0.56 | 19.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ALAB | |
|---|---|---|---|---|
| ALAB | 9.2% | 90.3% | 0.92 | - |
| Sector ETF (XLK) | 23.1% | 24.2% | 0.87 | 52.4% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 44.6% |
| Gold (GLD) | 15.6% | 15.3% | 0.85 | 5.2% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 21.7% |
| Real Estate (VNQ) | 5.9% | 20.8% | 0.25 | 7.0% |
| Bitcoin (BTCUSD) | 71.5% | 66.4% | 1.11 | 19.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/4/2025 | 1.5% | -6.6% | -10.1% |
| 8/5/2025 | 28.7% | 41.7% | 38.7% |
| 5/6/2025 | -0.4% | 23.0% | 27.1% |
| 2/10/2025 | -10.9% | -9.7% | -33.4% |
| 11/4/2024 | 37.7% | 32.4% | 65.5% |
| 8/6/2024 | -14.4% | -4.9% | -1.9% |
| 5/7/2024 | -9.1% | -5.1% | -17.3% |
| SUMMARY STATS | |||
| # Positive | 3 | 3 | 3 |
| # Negative | 4 | 4 | 4 |
| Median Positive | 28.7% | 32.4% | 38.7% |
| Median Negative | -10.0% | -5.8% | -13.7% |
| Max Positive | 37.7% | 41.7% | 65.5% |
| Max Negative | -14.4% | -9.7% | -33.4% |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Mazzara, Philip | General Counsel and Secretary | Direct | Sell | 1062026 | 178.41 | 10,000 | 1,784,071 | 24,448,909 | Form |
| 2 | Alba, Manuel | Casa Alameda 2007, LLC | Sell | 12032025 | 166.18 | 33,000 | 5,483,981 | 58,639,207 | Form | |
| 3 | Alba, Manuel | Alba Trust | Sell | 12032025 | 166.18 | 150,000 | 24,927,221 | 261,652,401 | Form | |
| 4 | Lazar, Jack R | Direct | Sell | 11212025 | 149.55 | 2,500 | 373,873 | 14,184,902 | Form | |
| 5 | Mazzara, Philip | General Counsel and Secretary | Direct | Sell | 11192025 | 144.69 | 4,620 | 668,477 | 21,275,497 | Form |
External Quote Links
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| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.