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Astera Labs Inc (NASDAQ:ALAB) shares are surging on Tuesday. Investors are piling into the semiconductor connectivity specialist ahead of its first quarter of 2026 earnings report.
The company will release these results after the market closes on Tuesday. The Nasdaq is up 1.28% while the S&P 500 has gained 0.74%, which could be adding to the stock’s gain.
Analyst Targets and Track Record
Wall Street analysts expect earnings per share of 49 cents, and revenue estimates sit at $292.36 million for the quarter.
Notably, Astera Labs has beaten EPS estimates in eight consecutive quarters. This consistent …
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