Home Compare ALAB vs QXO
Stock Comparison · Valuation-led comparison

Astera Labs vs QXO: Which Stock Looks Stronger in 2026?

QXO holds the cleaner structural position, with valuation as the main driver and profitability adding further support. Astera Labs still has the edge on profitability, which keeps the comparison from looking entirely one-sided. In the market, Astera Labs carries the stronger setup — intact trend against QXO's broken trend. That leaves a split case: the structural lead stays with QXO, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-08-16

The comparison is mainly decided in valuation, while profitability remains the main counterforce.

Trajectory Similarity
0.63
Moderately similar
Peer-set rank: #22
within Astera Labs, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The clearest structural overlap shows up in capital structure and revenue growth trajectory.

Similarity drivers
capital structurerevenue growth trajectory
What reduces the match
recent revenue growth
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
ALAB
Astera Labs, Inc.
44
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
QXO
QXO, Inc.
51
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: ALAB vs QXO Profitability 52 0 Stability 39 35 Valuation 11 80 Growth 86 100 ALAB QXO
Gap Ranking
#1 Valuation +69
#2 Profitability +52
#3 Growth +14
#4 Stability +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALAB and QXO Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALABQXO Relative valuation Structural strength

Astera Labs, Inc. is stronger, but the price setup still looks more supportive for QXO, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) and Forward P/E where available.

Relative Position vs Comparable Companies
Valuation
On valuation, QXO, Inc. ranks near the top of the group; Astera Labs, Inc. sits in the weaker half.
Profitability
On profitability, Astera Labs, Inc. is positioned higher in the group, while QXO, Inc. is closer to the middle.
Valuation — Dominant Gap
ALAB
11
QXO
80
Gap+69in favour of QXO

The multiple-based pricing edge comes from a forward P/E that is 29 turns lower.

What keeps the gap from being one-sided

Profitability still favours Astera Labs, with a 24-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

Valuation settles the comparison, while pricing and profitability keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the ALAB vs QXO comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ALAB and QXO each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.