Astera Labs, Inc.(US:ALAB) ZACKSยท2025-06-09 17:01Company Overview - Astera Labs, Inc. (ALAB) currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - Over the past week, ALAB shares increased by 0.03%, while the Zacks Internet - Software industry rose by 2.72% [6] - In a longer timeframe, ALAB's monthly price change is 27.46%, significantly outperforming the industry's 3.77% [6] - Over the last three months, ALAB shares have risen by 25.73%, and over the past year, they are up 46.51%, compared to the S&P 500's increases of 4.9% and 13.46%, respectively [7] Trading Volume - The average 20-day trading volume for ALAB is 4,375,229 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 7 earnings estimates for ALAB have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $1.26 to $1.35 [10] - For the next fiscal year, 5 estimates have moved upwards, while 3 have been revised downwards [10] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, ALAB is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]