Core Viewpoint - Astera Labs, Inc. (NASDAQ:ALAB) is gaining attention from hedge funds and analysts following its strong fiscal second-quarter results for 2025, indicating a bullish sentiment on Wall Street [1]. Financial Performance - Astera Labs reported a revenue of $191.93 million, representing a 149.74% increase year-over-year and exceeding consensus estimates by $19.47 million [2]. - The company achieved an earnings per share (EPS) of $0.44, which surpassed estimates by $0.12 [2]. - Management provided a fiscal third-quarter revenue outlook, projecting figures between $203 million and $210 million [2]. Analyst Sentiment - Following the earnings release, several analysts have expressed positive views on the stock. Joseph Moore from Morgan Stanley reiterated a Buy rating and raised the price target from $155 to $200 on August 29 [3]. - Atif Malik from Citi also increased the price target from $160 to $275 while maintaining a Buy rating on September 17 [3]. Company Overview - Astera Labs is a semiconductor company focused on designing connectivity solutions for cloud and AI infrastructure [4].