AST SpaceMobile Inc (ASTS) AI Stock Analysis

AST SpaceMobile, Inc. is building a global cellular broadband network designed specifically for standard mobile phones. Headquartered in Midland, Texas, the company operates the SpaceMobile service, which provides mobile broadband connectivity to users navigating remote and underserved areas across land, sea, and flight. The network aims to fill critical coverage gaps in terrestrial mobile communications where traditional networks are unavailable or unreliable. By utilizing its aerospace engineering and satellite technology, AST SpaceMobile seeks to provide ubiquitous access to high-speed broadband and bridge digital divides for individuals and commercial enterprises worldwide.

AST SpaceMobile saw its annual revenue increase from $6.0M in FY2020 to $13.8M in FY2022, before dropping to $4.4M in FY2024. In FY2025, revenue surged 1505.2% to $70.9M, representing a 5-year revenue CAGR of 118.8% from FY2019 to FY2025. Gross margin stood at 53.4% in FY2025, while operating margin was -405.7% and net income was -$341.9M. For the trailing twelve months ended June 30, 2026, revenue totaled $115.3M, supported by latest quarterly revenue growth of 2626.6% year-over-year. TTM operating margin stood at -544.6%, and diluted earnings per share were -$2.13.

As of June 30, 2026, AST SpaceMobile held $2.29B in cash and short-term investments against total debt of $2.99B, resulting in net debt of $705.5M. Total assets were $5.85B and shareholders' equity reached $1.89B, with a debt-to-equity ratio of 1.58. Liquidity remained supported by a current ratio of 13.05. In FY2025, free cash flow was -$1.14B, driven in part by capital expenditures of $1.06B. Over the past five years, the company's share count increased 478.1%.

AST SpaceMobile closed at $40.66 on October 16, 2026, down 54.6% over the past year compared to a 16.8% gain for the S&P 500 (SPY). Over five years, the stock returned 298.2% versus 83.0% for SPY. At a market cap of $15.82B and an enterprise value of $18.69B, ASTS trades at a price-to-sales multiple of 137.2x and an EV-to-revenue ratio of 162.1x. These multiples stand well above the median of its US-listed Technology peers, which trade at a price-to-sales ratio of 2.8x.

Wall Street coverage comprises 4 Strong Buy, 0 Buy, 7 Hold, 1 Sell, and 1 Strong Sell ratings. The mean price target is $74.28, representing an 82.7% premium over the last close of $40.66. For the current fiscal year ending December 31, 2026, analysts estimate an EPS of -$2.29 on revenue of $167.5M. For the next fiscal year, 9 analysts project revenue of $581.7M and an EPS of -$1.28. AST SpaceMobile exceeded EPS estimates in 0 of the last 4 quarters, with its next earnings date scheduled for November 9, 2026.

This page is an AI-written research summary of AST SpaceMobile Inc (ASTS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ASTS income statement, ASTS balance sheet, ASTS key metrics, ASTS analyst forecast, ASTS chart. See the ASTS stock overview for the latest quote and news.