
Company Performance - Astera Labs, Inc. (ALAB) closed at $251.88, with a +1% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.48% [1] - The stock has increased by 44.61% over the past month, significantly surpassing the Computer and Technology sector's gain of 5.46% and the S&P 500's gain of 2.46% [1] Upcoming Earnings - Analysts expect Astera Labs to report earnings of $0.39 per share, indicating a year-over-year growth of 69.57% [2] - The Zacks Consensus Estimate for revenue is projected at $206.73 million, reflecting an 82.8% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at $1.58 per share and revenue at $766.55 million, showing increases of +88.1% and +93.43% respectively from the prior year [3] Analyst Estimates and Confidence - Recent changes in analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3][4] Zacks Rank and Performance - Astera Labs currently holds a Zacks Rank of 1 (Strong Buy), which has historically yielded an average annual return of +25% since 1988 [5] - The Zacks Consensus EPS estimate has remained unchanged over the last 30 days [5] Valuation Metrics - Astera Labs is trading at a Forward P/E ratio of 157.41, which is significantly higher than the industry average of 31.99 [6] - The company has a PEG ratio of 3.29, compared to the Internet - Software industry's average PEG ratio of 2.27 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [8]