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U.S. Alternative Carriers Industry Analysis

UpdatedFeb 12, 2026
DataAggregated Company Financials
Companies28
  • 7D-3.2%
  • 3M32.5%
  • 1Y121.5%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 12%, driven by a pullback from AST SpaceMobile of 17%. This takes the industry's 12 month performance to a gain of 124%. Looking forward, earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

Has the U.S. Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Feb 2026US$54.4bUS$12.3b-US$2,939,563,855.6115.4x-18.5x4.4x
Sat, 10 Jan 2026US$51.7bUS$12.3b-US$2,936,060,378.2116.1x-17.6x4.2x
Mon, 08 Dec 2025US$46.8bUS$12.3b-US$2,935,475,987.8514.8x-15.9x3.8x
Wed, 05 Nov 2025US$43.1bUS$12.2b-US$3,479,667,030.8314.8x-12.4x3.5x
Fri, 03 Oct 2025US$36.4bUS$12.1b-US$4,805,494,188.6717.5x-7.6x3x
Sun, 31 Aug 2025US$32.5bUS$12.1b-US$4,806,798,097.7123.3x-6.8x2.7x
Tue, 29 Jul 2025US$32.1bUS$12.0b-US$1,346,773,721.8351.2x-23.8x2.7x
Thu, 26 Jun 2025US$30.9bUS$11.9b-US$1,332,666,206.6948.3x-23.2x2.6x
Sat, 24 May 2025US$19.8bUS$11.7b-US$1,344,380,596.9749x-14.7x1.7x
Mon, 21 Apr 2025US$21.7bUS$12.6bUS$562.7m22.9x38.5x1.7x
Wed, 19 Mar 2025US$26.2bUS$12.5bUS$661.9m17.9x39.6x2.1x
Fri, 14 Feb 2025US$24.7bUS$15.4b-US$4,980,925,711.9499.5x-5x1.6x
Sun, 12 Jan 2025US$23.6bUS$15.4b-US$4,983,719,993.5971.2x-4.7x1.5x
Tue, 10 Dec 2024US$26.5bUS$15.4b-US$4,980,847,990.3879.3x-5.3x1.7x
Thu, 07 Nov 2024US$29.1bUS$15.4b-US$4,321,504,051.3875.6x-6.7x1.9x
Sat, 05 Oct 2024US$27.6bUS$15.3b-US$2,262,967,483.8378.7x-12.2x1.8x
Mon, 02 Sep 2024US$27.1bUS$15.3b-US$2,262,970,424.9072.4x-12x1.8x
Wed, 31 Jul 2024US$24.8bUS$15.2b-US$975,985,209.2538.2x-25.4x1.6x
Fri, 28 Jun 2024US$20.3bUS$15.2b-US$1,779,777,088.24109.4x-11.4x1.3x
Sun, 26 May 2024US$19.2bUS$15.2b-US$1,779,774,331.21109.6x-10.8x1.3x
Tue, 23 Apr 2024US$18.6bUS$15.6b-US$3,025,374,249.9380.3x-6.2x1.2x
Thu, 21 Mar 2024US$18.7bUS$15.6b-US$3,012,319,543.2080.3x-6.2x1.2x
Sat, 17 Feb 2024US$22.2bUS$15.5b-US$2,919,490,840.6745.2x-7.6x1.4x
Mon, 15 Jan 2024US$26.3bUS$32.0b-US$15,448,916,881.0014.5x-1.7x0.8x
Wed, 13 Dec 2023US$23.8bUS$32.0b-US$15,448,793,127.0011.1x-1.5x0.7x
Fri, 10 Nov 2023US$22.8bUS$32.0b-US$15,365,135,616.009.1x-1.5x0.7x
Sun, 08 Oct 2023US$24.6bUS$32.8b-US$13,163,130,719.008.6x-1.9x0.8x
Tue, 05 Sep 2023US$27.7bUS$32.8b-US$13,163,103,360.0011.4x-2.1x0.8x
Thu, 03 Aug 2023US$24.4bUS$32.2b-US$14,827,450,889.0014x-1.6x0.8x
Sat, 01 Jul 2023US$25.9bUS$33.1b-US$3,283,747,988.0027.3x-7.9x0.8x
Mon, 29 May 2023US$25.0bUS$33.1b-US$3,311,076,042.0023.7x-7.5x0.8x
Wed, 26 Apr 2023US$26.3bUS$34.1b-US$1,328,225,337.0016.1x-19.8x0.8x
Fri, 24 Mar 2023US$26.6bUS$34.0b-US$1,330,561,184.0019.3x-20x0.8x
Sun, 19 Feb 2023US$31.0bUS$34.1bUS$3.0b28.9x10.3x0.9x
Price to Earnings Ratio

10.3x


Total Market Cap: US$31.0bTotal Earnings: US$3.0bTotal Revenue: US$34.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -6.6x202420252026
Current Industry PE
  • Investors are optimistic on the American Alternative Carriers industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • Total earnings for the Alternative Carriers industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 29% per year, which is driving profits down.

Industry Comparison

How does U.S. Alternative Carriers compare with similar industries?

US Market1.43%
Telecom-2.85%
Telecom Services and Carriers3.78%
Alternative Carriers-3.17%
Integrated Telecom Services4.58%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LUMN Lumen TechnologiesUS$7.8518.4%
+US$1.3b
68.5%PS0.6x
GSAT GlobalstarUS$58.638.3%
+US$570.8m
165.3%PS28.4x
CCOI Cogent Communications HoldingsUS$26.5110.0%
+US$113.9m
-67.6%PS1.4x
LILA Liberty Latin AmericaUS$8.225.9%
+US$92.1m
11.7%PS0.4x
ATEX AnterixUS$29.709.4%
+US$47.5m
-17.3%PE5.8x

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