Core Insights - Astera Labs Inc reported strong financial results for Q3 fiscal 2025, with revenue of $230.58 million, surpassing analyst expectations of $206.55 million [1] - The company achieved adjusted earnings of 49 cents per share, exceeding estimates of 39 cents per share [1] Financial Performance - Q3 revenue: $230.58 million, beating estimates by approximately 11.6% [1] - Q3 adjusted earnings: 49 cents per share, exceeding estimates by 25.6% [1] - Q4 revenue guidance: expected between $245 million and $253 million [2] - Q4 adjusted earnings guidance: anticipated between 50 cents and 51 cents per share, above estimates of 42 cents per share [2] Market Reaction - Following the earnings announcement, Astera Labs shares fell by 6.4%, closing at $179.31 [2] Analyst Ratings - Needham analyst N. Quinn Bolton maintained a Buy rating and raised the price target from $205 to $220 [5] - Stifel analyst Tore Svanberg also maintained a Buy rating and increased the price target from $185 to $200 [5]