Not quite as strong as the first two, but WAY better than Prometheus and Covenant
I have nothing against those who loved both Prometheus and Covenant, but I'm sorry. Those prequel movies weren't that good at all mostly due to the terrible writing which involved one-dimensional characters making stupid illogical decisions and are nothing more than victims for the Xenomorphs. Not to mention the philosophical themes, while interesting in general, weren't fleshed out enough.
This film goes for straight horror while having bits of action throughout which made it work in it's favor. Ok, it's not a perfect movie and it lacks the spark of Alien and Aliens, but it makes up for it with a story that has some logic, characters that are at least worth-investing, doesn't shy away from the gore and terror, and really good visual aesthetic that compliments the first Alien while having a good mixture of CGI and animatronics for the Xenomorphs. So, yeah, this was a breath of fresh air after the prequel movies.