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Astera Labs, Inc. (ALAB) Outpaces Stock Market Gains: What You Should Know
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In the latest close session, Astera Labs, Inc. (ALAB - Free Report) was up +1.85% at $290.06. This change outpaced the S&P 500's 0.58% gain on the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.05%.
The company's shares have seen a decrease of 21.64% over the last month, not keeping up with the Computer and Technology sector's loss of 2.67% and the S&P 500's gain of 0.97%.
Investors will be eagerly watching for the performance of Astera Labs, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 3, 2026. The company is expected to report EPS of $1.19, up 142.86% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $550.39 million, indicating a 138.71% growth compared to the corresponding quarter of the prior year.
ALAB's full-year Zacks Consensus Estimates are calling for earnings of $3.98 per share and revenue of $1.89 billion. These results would represent year-over-year changes of +116.3% and +122.02%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Astera Labs, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Astera Labs, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Astera Labs, Inc. is presently trading at a Forward P/E ratio of 71.65. This indicates a premium in contrast to its industry's Forward P/E of 20.7.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 75, placing it within the top 31% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Astera Labs, Inc. (ALAB) Outpaces Stock Market Gains: What You Should Know
In the latest close session, Astera Labs, Inc. (ALAB - Free Report) was up +1.85% at $290.06. This change outpaced the S&P 500's 0.58% gain on the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.05%.
The company's shares have seen a decrease of 21.64% over the last month, not keeping up with the Computer and Technology sector's loss of 2.67% and the S&P 500's gain of 0.97%.
Investors will be eagerly watching for the performance of Astera Labs, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 3, 2026. The company is expected to report EPS of $1.19, up 142.86% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $550.39 million, indicating a 138.71% growth compared to the corresponding quarter of the prior year.
ALAB's full-year Zacks Consensus Estimates are calling for earnings of $3.98 per share and revenue of $1.89 billion. These results would represent year-over-year changes of +116.3% and +122.02%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Astera Labs, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Astera Labs, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Astera Labs, Inc. is presently trading at a Forward P/E ratio of 71.65. This indicates a premium in contrast to its industry's Forward P/E of 20.7.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 75, placing it within the top 31% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.