Should You Buy, Sell, or Hold Astera Lab Stock at 38.80X PS?

Key Takeaways ALAB trades at 38.80X forward P/S, well above the sector's 6.73X, yet shares are up 63.2% YTD. Q2 revenue hit $191.9M, up 150% YoY, with Scorpio switches exceeding 10% of total sales. ALAB guides Q3 revenue of $203M-$210M and EPS of $0.38$0.39, both showing strong YoY growth.Astera Lab (ALAB) shares are overvalued, as suggested by a Value Score of F. In terms of the forward 12-month Price/Sales, ALAB is currently trading at 38.80X compared with the broader Zacks Computer and Technology sector’ ...