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ASTSAST SpaceMobile, Inc.
$32.33$9.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
ASTS logo

AST SpaceMobile, Inc.

ASTS
NASDAQ · Telecom Carriers
$32.33
At close - Nov 6, 4:00 PM EST - USD
Market Cap$9.66B
P/E-15.6x
52W High$133.86
Volume32.37M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Commercial Inflection Amidst Heavy Cash Burn

AST SpaceMobile is transitioning from pre-revenue R&D to commercial operations, evidenced by a 1505.2% YoY revenue surge to $70.9M TTM, but the company remains deeply unprofitable with a net loss of $230.9M in 2026Q2.

GrowthAccelerating
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

ASTS price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

-188% Peers

P/E is 188% below peer median

03

Market leadership

RS 9 · Lag

Laggard (Underperforming 91% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 1505.2% YoY in 2026Q2, but gross margin volatility (from 100% to -68.1% in 2025Q4) and SG&A of $63.9M outpacing revenue indicate structural costs remain high.

Analyst Consensus+154.9% target
Buy(8 analysts)
4 Buy3 Hold1 Sell

The Bull Case

Upside Catalysts

Commercialization progress

The company is making significant strides toward commercialization, which is a key driver for investor optimism.

Strong funding runway

Despite losses, AST SpaceMobile has a robust funding runway, supporting its long-term growth plans.

Technology demonstrations

Successful technology demonstrations have boosted investor confidence and contributed to stock price appreciation.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ASTS-61.27%
S&P 500 (^GSPC)+7.63%
1-Year Return
ASTS-50.47%
S&P 500 (^GSPC)+9.69%
3-Year Return
ASTS+706.23%
S&P 500 (^GSPC)+88.65%
5-Year Return
ASTS+173.98%
S&P 500 (^GSPC)+69.03%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-15.6x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-15.6x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$1.10-96.6%
Base (Fair)$41.74+29.1%
Bull$1.50-95.4%
$1.10 Bear$41.74 Base$1.50 Bull
Current Market Price: $32.33
Trades at a 22.5% discount to Base DCF ($41.74)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$71M+1505.2% YoY
Net income FY25
-$342M-13.9% YoY
Free cash flow FY25
-$1.14B-278.4% YoY
Operating margin FY25
-405.7%+5089.1 pts YoY
ROIC (FY25)-16.8%
Avg ROIC 5Y-91.9%
ROE (TTM)-27.3%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate1/12 (8%)
Revenue Beat Rate1/12 (10%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 10, 2026
-$0.77-144.4%
vs -$0.32
$32M-8.7%
vs $35M
Q2 2026
May 11, 2026
-$0.66-158.8%
vs -$0.26
$15M-62.2%
vs $39M
Q2 2026
Mar 2, 2026
-$0.26-44.4%
vs -$0.18
$54M+30.0%
vs $42M
Q4 2025
Nov 10, 2025
-$0.45-15.9%
vs -$0.39
$15M-33.1%
vs $22M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Newsfile Corp·1d ago
Kaplan Fox Alerts Investors: Lead Plaintiff Deadline for AST SpaceMobile, Inc. (ASTS) is November 13, 2026

New York, New York--(Newsfile Corp. - November 6, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("AST" or the "Company") (NASDAQ: ASTS) on behalf of investors that purchased or otherwise acquired AST securities between March 4, 2025 and July 15, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in AST and have suffered losses, you may CLICK HERE to contact us.

Reuters·1d ago
Firefly inks $1.3 billion deal to supply engines for new AST SpaceMobile 'Blacklift' rocket

Firefly inks $1.3 billion deal to supply engines for new AST SpaceMobile 'Blacklift' rocket

The Motley Fool·1d ago
AST SpaceMobile's Brazil Deal Could Be a Major Growth Catalyst

AST SpaceMobile (ASTS -15.22%) has taken a significant step toward commercial service in Brazil, potentially creating a blueprint for growth across other markets. But Amazon's acquisition of Globalstar brings fresh competition just as ASTS stock struggles to recover from a steep sell-off.

Defense World·1d ago
AST SpaceMobile, Inc. (NASDAQ:ASTS) Stock Has Consensus Price Target of $80.67 According to Brokerages

Shares of AST SpaceMobile, Inc. (NASDAQ: ASTS - Get Free Report) have been assigned an average rating of "Hold" from the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating

Filtered for AST SpaceMobile, Inc.More Headlines
04

Compare before deciding

Benchmark ASTS against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for AST SpaceMobile, Inc. (ASTS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ASTS logoASTSAST SpaceMobile, Inc.Current
$32.33$9.66B-15.631505.21%-536.66%-27.27%—
GSAT logoGSATGlobalstar, Inc.
$84.32$10.86B-147.859.04%-26.61%-23.31%0.1%
IRDM logoIRDMIridium Communications Inc.
$44.04$4.67B29.424.93%18.06%32.93%1.32%
VSAT logoVSATViasat, Inc.
$63.95$8.81B-255.802.67%-2.07%-2.07%—
SPCE logoSPCEVirgin Galactic Holdings, Inc.
$2.77$356.05M-1.24-78.06%-23867.44%-88.5%—
TMUS logoTMUST-Mobile US, Inc.
$162.01$173.78B15.368.49%12.05%19.86%2.25%

Compare ASTS vs Peers

AST SpaceMobile, Inc. (ASTS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GSAT

Most directly comparable listed peer for ASTS.

Scale Benchmark

vs VZ

Larger-name benchmark to compare ASTS against a more recognizable public peer.

Peer Set

Compare Top 5

vs GSAT, IRDM, VSAT, SPCE

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ASTS SEC Filings & Documents

AST SpaceMobile, Inc. (ASTS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Jul 20, 2026·SEC

Material company update

Jul 15, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 10, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 10, 2025·SEC

Get notified when ASTS posts new earnings or crosses analyst targets

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ASTS Frequently Asked Questions

AST SpaceMobile, Inc. (ASTS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is AST SpaceMobile, Inc.'s revenue?

AST SpaceMobile, Inc. (ASTS) reported $115.3M in revenue over the trailing twelve months. Revenue was $70.9M in fiscal year 2025. That is 19821% more than the $0.4M of fiscal year 2018.

How fast is AST SpaceMobile, Inc. growing?

AST SpaceMobile, Inc. (ASTS) grew revenue by 2256.9% over the trailing twelve months, compared with the twelve months before.

Is ASTS profitable?

No. AST SpaceMobile, Inc. (ASTS) reported a net loss of $618.8M over the trailing twelve months.

Dividend & Returns
What is ASTS's return on equity?

AST SpaceMobile, Inc. (ASTS) had a return on equity (ROE) of -27.3% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is AST SpaceMobile, Inc.'s free cash flow?

AST SpaceMobile, Inc. (ASTS) had negative free cash flow of $1.64B over the trailing twelve months.

What if you invested $1,000 in ASTS back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →