I recently started a 2.3% position in ALAB following the DeepSeek dip. I’m just getting to know the company - expensive stock trading at 27 X NTM sales going into earnings but growing like wildfire! Hopefully it can ride the massive data center Capex spend to glory. Gartner forecast the global wired connectivity market will rise to $23 billion and the CXL memory market will grow to $4.4 billion in 2027. This gives a total of $27 billion TAM by 2027 of which ALAB have currently secured $115.8 million, only 0.4% of the potential long-term opportunity.
I’m not sure what their MOAT is exactly, just a NVDA supplier riding the wave? Someone please enlighten me.
Looked like a solid beat and raise quarter to me as well, perhaps the market was expecting a little more, stock is up only 2% AH.
>Analysts were looking for $128M in Q4 and $132M in Q1
>For full year 2025 they’re looking for $615M which would be 60% YoY growth
- Record quarterly revenue of $141.1 million, up 25% QoQ and up 179% YoY
- Fiscal 2024 record revenue of $396.3 million, up 242% versus the prior year
- Ramping across diverse set of customers and platforms with four product families in fiscal 2025