Latest news with #ALAB
Yahoo
6 days ago
- Business
- Yahoo
Astera Labs (ALAB) Falls Ahead of Earnings
Astera Labs, Inc. (NASDAQ:ALAB) is one of the . Astera Labs fell for a third day on Monday, shedding 5.82 percent to close at $90.32 apiece as investors repositioned portfolios ahead of the expected release of its earnings performance. According to the company, it will release its financial and operating results on August 5, 2025, after the market closes. For the second quarter of the year, Astera Labs, Inc. (NASDAQ:ALAB) earlier said that it expects revenues to settle within a range of $170 million to $175 million with gross margin of approximately 74 percent. Operating expenses are expected to range between $113 million and $115 million, while diluted earnings per share were pegged at $0.10 to $0.11. Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process. In the first quarter of the year, Astera Labs, Inc. (NASDAQ:ALAB) swung to a net income of $31.8 million from a $93-million net loss in the same period last year. Revenues more than doubled to $159 million from $65 million year-on-year. While we acknowledge the potential of ALAB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Astera Labs (ALAB) Surges 8.19% Ahead of Q2 Earnings
Astera Labs, Inc. (NASDAQ:ALAB) is one of the . Astera Labs jumped by 8.19 percent on Wednesday to end at $99.86 each as investors repositioned portfolios ahead of the release of its second quarter financial and operating performance. In a statement, Astera Labs, Inc. (NASDAQ:ALAB) said that it is scheduled to release earnings performance for the period on August 5, 2025, to be followed by a conference call at 4:30 PM Eastern Time. Astera Labs, Inc. (NASDAQ:ALAB) expects revenues for the second quarter to settle between $170 million and $175 million, with diluted earnings per share of $0.10 to $0.11. A Software-as-a-Service interface illustrating the interconnectivity of users and the internet. In the first quarter of the year, the company swung to a net income of $31.8 million from a $93-million net loss in the same period last year. Revenues expanded by 144 percent to $159 million from $65 million year-on-year. Astera Labs, Inc. (NASDAQ:ALAB) is a semiconductor company providing solutions for cloud and AI infrastructures. While we acknowledge the potential of ALAB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
Astera Labs, Inc. (ALAB) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Astera Labs, Inc. (ALAB) closed at $90.80, marking a +2.52% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.83%. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq added 1.02%. Shares of the company have depreciated by 6.98% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.25%, and the S&P 500's gain of 4.99%. The investment community will be paying close attention to the earnings performance of Astera Labs, Inc. in its upcoming release. In that report, analysts expect Astera Labs, Inc. to post earnings of $0.33 per share. This would mark year-over-year growth of 153.85%. Meanwhile, our latest consensus estimate is calling for revenue of $172.71 million, up 124.74% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.35 per share and revenue of $702.43 million, which would represent changes of +60.71% and +77.25%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Astera Labs, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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. Over the past month, the Zacks Consensus EPS estimate has remained steady. Astera Labs, Inc. currently has a Zacks Rank of #2 (Buy). Looking at its valuation, Astera Labs, Inc. is holding a Forward P/E ratio of 65.45. This signifies a premium in comparison to the average Forward P/E of 28.74 for its industry. Meanwhile, ALAB's PEG ratio is currently 1.51. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 2.22 at yesterday's closing price. The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 46, which puts it in the top 19% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Astera Labs, Inc. (ALAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Examiner
25-06-2025
- Business
- Irish Examiner
Industrial-scale Mussel farm is ‘completely incompatible' with Kinsale Harbour, campaigners say
Campaigners are calling on the minister for agriculture and the marine to revoke a licence for a 23 hectare industrial-scale mussel farm in Kinsale Harbour, directly in front of the popular Dock Beach. Health, environmental, and economic concerns for the locality have been raised, along with fears that it may jeopardise access to one of the town's most popular beaches and surrounding water used for swimming, kayaking and sailing. The licence should be revoked pending a full Environmental Impact Assessment, a marine navigation risk study, a cultural heritage survey, and a social and economic impact analysis, campaigners say. A licence was granted in May to Waterford-based Woodstown Bay Shellfish Ltd for bottom-culture mussel farming using dredging across a zone long used by swimmers, kayakers, sailors, and crab fishers. No marine safety or navigational impact assessment has been conducted, campaigners say. The proximity to a wastewater treatment facility lacking UV disinfection further raises serious sanitary concerns under EU directives, they say. They are appealing for Minister Martin Heydon to revoke the licence, which they say was granted on highly flawed grounds. The window for appeals closes this week. And while the industrial mussel farm is expected to create some six new jobs, the town is heavily reliant on its €70m annual tourism economy, which campaigners say the mussel farm may jeopardise. Appeals have been submitted to the Aquaculture Licence Appeals Board (ALAB), citing legal, ecological, economic, and procedural grounds. The licence should be revoked pending a full Environmental Impact Assessment, a marine navigation risk study, a cultural heritage survey, and a social and economic impact analysis, campaigners say. Picture: Eddie O'Hare 'This farm is completely incompatible with the heritage, ecology, and economy of Kinsale Harbour,' said local environmental advocate Dr Marc Ó Riain. 'We're asking minister Heydon to exercise his authority to revoke this licence in the public interest.' Under Section 7.3 of the Fisheries (Amendment) Act, the Minister may revoke a licence if it is deemed contrary to the public interest — a clause now being urgently invoked by campaigners. Protected seagrass beds, a priority habitat under the EU Habitats Directive which play a vital role in marine biodiversity and carbon capture, have been found recently in the proposed dredging area but this was not reflected in the original environmental screening, they say. 'There was no Environmental Impact Assessment. The data relied on is over six years old,' said one appeal letter submitted to ALAB. 'This violates the precautionary principle of EU law.' The site is also adjacent to the 17th-century James Fort, a designated national monument, and the remains of a historic blockhouse at the mouth of the Bandon River. No underwater archaeological survey was undertaken — a 'serious procedural omission' according to one submission, potentially placing unrecorded heritage at risk. The area is one of Ireland's busiest mixed-use harbours, with sailing schools, kayak tours, angling trips, and marine wildlife excursions operating daily. The site overlaps traditional crab pot grounds, and no alternative fishing areas or mitigation measures have been proposed, campaigners say. Appeals also raised the danger of mussel larvae clogging raw water intakes on leisure and commercial vessels — a hazard which can cause overheating and engine failure. A decision from the Appeals Board is expected later this year. Read More Watch: Mussel Farm protest in Kinsale Harbour
Yahoo
18-06-2025
- Business
- Yahoo
Here's Why Astera Labs, Inc. (ALAB) Fell More Than Broader Market
In the latest close session, Astera Labs, Inc. (ALAB) was down 2.51% at $92.91. The stock's performance was behind the S&P 500's daily loss of 0.84%. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, lost 0.91%. The company's shares have seen an increase of 5.23% over the last month, surpassing the Computer and Technology sector's loss of 0% and the S&P 500's gain of 1.44%. The investment community will be closely monitoring the performance of Astera Labs, Inc. in its forthcoming earnings report. The company is expected to report EPS of $0.33, up 153.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $172.71 million, up 124.74% from the year-ago period. ALAB's full-year Zacks Consensus Estimates are calling for earnings of $1.35 per share and revenue of $702.43 million. These results would represent year-over-year changes of +60.71% and +77.25%, respectively. Investors should also note any recent changes to analyst estimates for Astera Labs, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 2.74% rise in the Zacks Consensus EPS estimate. Astera Labs, Inc. currently has a Zacks Rank of #2 (Buy). With respect to valuation, Astera Labs, Inc. is currently being traded at a Forward P/E ratio of 193.92. This expresses a premium compared to the average Forward P/E of 45.44 of its industry. One should further note that ALAB currently holds a PEG ratio of 4.48. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 3.23. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 47, placing it within the top 20% 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. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Astera Labs, Inc. (ALAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
