Analog Devices (ADI) vs Astera Labs (ALAB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Astera Labs (ALAB) has outperformed Analog Devices (ADI) over the past year, gaining 80.2% versus a gain of 75.4%. Analog Devices is the larger company by market cap ($194.50 billion vs $60.76 billion), about 3.2 times the size, while Astera Labs is growing revenue faster (+115.1% vs +16.9%). On valuation, Analog Devices trades at a lower forward P/E (24.6x vs 54.8x for Astera Labs).
Analog Devices pays a dividend yielding 1.07%, while Astera Labs does not currently pay one. Astera Labs converts more of its revenue into profit, with a net margin of 25.7% versus 20.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ADI | ALAB |
|---|---|---|
| Share price | $401.40 | $350.21 |
| Market cap | $194.50B | $60.76B |
| 1-day change | -2.12% | -8.38% |
| YTD return | +51.21% | +129.77% |
| 1-year return | +75.44% | +80.22% |
| 5-year return | +138.36% | — |
| P/E ratio (TTM) | 47.67 | 172.52 |
| Forward P/E | 24.55 | 54.78 |
| EPS (TTM) | $8.42 | $2.03 |
| Dividend yield | 1.07% | 0.00% |
| Annual dividend | $4.29 | $0.00 |
| Revenue (latest FY) | $11.02B | $852.52M |
| Revenue growth (YoY) | +16.89% | +115.13% |
| Net income (latest FY) | $2.27B | $219.13M |
| Gross margin | 61.47% | 75.69% |
| Operating margin | 26.61% | 20.34% |
| Net margin | 20.58% | 25.70% |
| 52-week high | $445.91 | $499.48 |
| 52-week low | $223.47 | $97.89 |
| Distance from 52-week high | -9.98% | -29.88% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +17.27% | +11.35% |
| Average volume | 3.51M | 4.17M |
| Shares outstanding | 484.57M | 173.49M |
| Employees | 24,500 | 756 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Analog Devices is about 3.2 times larger than Astera Labs by market value ($194.50B vs $60.76B).
- Astera Labs trades at a higher earnings multiple (172.5x vs 47.7x trailing P/E).
- Analog Devices offers a meaningfully higher dividend yield (1.07% vs 0.00%).
- Astera Labs is more profitable, keeping 25.7 cents of every revenue dollar as net income versus 20.6 cents for Analog Devices.
- Astera Labs grew revenue faster in its latest fiscal year (+115.13% vs +16.89%).
About Analog Devices
ADI stock →Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.
Technology · Semiconductors · 24,500 employees
About Astera Labs
ALAB stock →Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.
Technology · Semiconductors · 756 employees
ADI vs ALAB FAQ
Which is bigger, Analog Devices or Astera Labs?
Analog Devices (ADI) is larger, with a market capitalization of $194.50B compared with $60.76B for Astera Labs (ALAB).
Which stock has performed better over the past year, ADI or ALAB?
ALAB returned +80.22% over the past 12 months, compared with +75.44% for ADI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ADI or ALAB?
ADI has the lower trailing P/E at 47.7, versus 172.5 for ALAB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Analog Devices or Astera Labs?
Analog Devices pays a dividend yielding 1.07%, while Astera Labs does not currently pay a regular dividend.
Are Analog Devices and Astera Labs in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.