Overview
- On December 9, analyst Gus Richard raised Astera Labs’ price target to $195 from $175 and reiterated a Buy rating.
- The firm says the company is positioned as an interconnect vendor of choice as AI data centers scale and spending concentrates on connectivity.
- The analyst projects Scorpio X revenue growth throughout CY26, including larger switch deployments in the second half of 2026.
- For CY27, NVLink Fusion is expected to maintain or increase revenue per AI accelerator, with longer‑term upside tied to copackaged optics entering the mainstream.
- The Insider Monkey summary notes investment risk and promotes an alternative AI pick, while separate Seeking Alpha analysis also rates the shares a Buy after strong Q3 results and guidance.