Astera Labs (ALAB) Stock Could Be 29% Overvalued As Aries 7 Nears Sampling

Astera Labs has had a powerful run so far this year, which puts a bright spotlight on whether the current share price lines up with the cash flows the business is expected to generate. With fresh product news and ambitious growth plans now in play, the question is how much of that future is already reflected in the valuation. The stock is up 90.6% year to date, which raises the stakes on whether recent gains are supported by the cash the company can ultimately produce for...