Company Performance - Astera Labs, Inc. (ALAB) closed at $118.41, down 4.55% from the previous day, underperforming the S&P 500, which lost 0.3% [1] - The stock has increased by 37.19% over the past month, significantly outperforming the Computer and Technology sector's gain of 4.85% and the S&P 500's gain of 3.64% [1] Earnings Expectations - Astera Labs is expected to report earnings on August 5, 2025, with an anticipated EPS of $0.33, representing a 153.85% increase year-over-year [2] - The consensus estimate for revenue is $172.71 million, reflecting a 124.74% rise from the same quarter last year [2] Annual Forecast - For the full year, Zacks Consensus Estimates project earnings of $1.35 per share and revenue of $702.43 million, indicating increases of 60.71% and 77.25% respectively compared to the previous year [3] Analyst Estimates - Changes in analyst estimates for Astera Labs are crucial as they often indicate shifts in near-term business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] Valuation Metrics - Astera Labs is currently trading with a Forward P/E ratio of 91.66, which is a premium compared to the industry average Forward P/E of 29.27 [7] - The company has a PEG ratio of 2.11, which is slightly better than the Internet - Software industry's average PEG ratio of 2.21 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries [8]
Astera Labs, Inc. (ALAB) Sees a More Significant Dip Than Broader Market: Some Facts to Know