AST SpaceMobile Future Growth

Future criteria checks 6/6

ASTceMobile is forecast to grow earnings and revenue by 70.6% and 61.2% per annum respectively. EPS is expected to grow by 66.4% per annum. Return on equity is forecast to be 130.6% in 3 years.

Key information

70.6%

Earnings growth rate

66.4%

EPS growth rate

Telecom earnings growth	10.5%
Revenue growth rate	61.2%
Future return on equity	130.6%
Analyst coverage	Low
Last updated	16 May 2024

Recent future growth updates

Recent updates

AST SpaceMobile partners with Nokia for its radio technology connectivity across regions

Jul 28

AST Spacemobile provides preliminary Q2 update

Jul 18

AST SpaceMobile: Possibly The Most Asymmetric Risk Vs. Reward On The Market

Jul 11

AST SpaceMobile now sets BlueWalker 3 launch for September; shares fall 6%

Jun 29

Valuing AST SpaceMobile And Globe Telecom Partnership For Satellite-Based Internet

Jun 17

AST SpaceMobile: Broadband Internet Through Satellites Just As Elon Musk's Starlink In Ukraine

Mar 02

We're Hopeful That AST SpaceMobile (NASDAQ:ASTS) Will Use Its Cash Wisely

Feb 16

AST SpaceMobile: Broadband For Wherever You Are, And For Wherever You Go

Dec 03

Here's Why We're Not Too Worried About AST SpaceMobile's (NASDAQ:ASTS) Cash Burn Situation

Nov 04

AST SpaceMobile Hits #1 On WallStreetBets, Now What?

Sep 18

AST SpaceMobile: Wireless Broadband At Your Finger Tips Anywhere On The Globe

Sep 10

Earnings and Revenue Growth Forecasts

NasdaqGS:ASTS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	738	-172	-454	N/A	3
12/31/2025	195	-82	-472	N/A	4
12/31/2024	19	-132	-284	N/A	3
3/31/2024	1	-91	-302	-159	N/A
12/31/2023	N/A	-88	-268	-149	N/A
9/30/2023	N/A	-64	-267	-159	N/A
6/30/2023	4	-53	-203	-156	N/A
3/31/2023	11	-37	-198	-147	N/A
12/31/2022	14	-32	-214	-156	N/A
9/30/2022	20	-27	-203	-143	N/A
6/30/2022	18	-13	-200	-130	N/A
3/31/2022	14	-30	-184	-119	N/A
12/31/2021	12	-19	-135	-80	N/A
9/30/2021	9	-24	-119	-68	N/A
6/30/2021	9	-34	-92	-52	N/A
3/31/2021	6	-20	-65	-27	N/A
12/31/2020	6	-24	-53	-23	N/A
9/30/2020	4	-19	-39	-17	N/A
12/31/2019	1	-11	-13	-9	N/A
12/31/2018	0	-4	-6	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASTS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: ASTS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ASTS is expected to become profitable in the next 3 years.

Revenue vs Market: ASTS's revenue (61.2% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ASTS's revenue (61.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ASTS's Return on Equity is forecast to be very high in 3 years time (130.6%).

AST SpaceMobile Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target decreased by 18% to US$11.10

Consensus revenue estimates increase by 50%

No longer forecast to breakeven

No longer forecast to breakeven

Price target increased by 13% to US$22.58

Forecast to breakeven in 2025

Recent updates

New major risk - Financial position

Why AST SpaceMobile's Q1 2024 Results Just Squeezed Short-Sellers

AST SpaceMobile, Inc Announces the Appointment of Andrew Johnson as Chief Legal Officer

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against AST SpaceMobile, Inc

Price target decreased by 18% to US$11.10

Consensus revenue estimates increase by 50%

New minor risk - Profitability

No longer forecast to breakeven

AST SpaceMobile Q4 Earnings Preview: 5 Things To Consider

AST SpaceMobile: Reaching Commercialization Phase

New minor risk - Shareholder dilution

AST SpaceMobile, Inc. Appoints Abel Avellan Commissioner to the ITU/UNESCO Broadband Commission

New major risk - Share price stability

New minor risk - Shareholder dilution

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $99.999998 million.

New minor risk - Shareholder dilution

No longer forecast to breakeven

AST SpaceMobile, Inc. to Report Q3, 2023 Results on Nov 14, 2023

AST SpaceMobile, Inc. to Report Q3, 2023 Results on Nov 14, 2023

AST SpaceMobile, Inc. Achieves Space-Based 5G Cellular Broadband Connectivity from Everyday Smartphones, Another Historic World First

New minor risk - Shareholder dilution

New minor risk - Revenue size

First half 2023 earnings released: US$0.47 loss per share (vs US$0.26 loss in 1H 2022)

AST SpaceMobile, Inc. Announces Removal Of Tareq Amin as Director

AST SpaceMobile, Inc. Announces Removal of of Tareq Amin as Director

Price target increased by 13% to US$22.58

AST SpaceMobile, Inc., Annual General Meeting, Aug 17, 2023

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $59.4 million.

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $59.4 million.

First quarter 2023 earnings released: US$0.23 loss per share (vs US$0.21 loss in 1Q 2022)

Full year 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Forecast to breakeven in 2025

AST SpaceMobile's Bluewalker 3 on Target to Deliver the First and Only Space-Based Cellular Broadband

AST SpaceMobile, Inc. has completed a Follow-on Equity Offering in the amount of $75.000002 million.

Consensus forecasts updated

No longer forecast to breakeven

Less than half of directors are independent

AST SpaceMobile Confirms Successful Launch of BlueWalker 3 Into Orbit

AST SpaceMobile, Inc. Announces BlueWalker 3 Test Satellite Is Plans to Reach Orbit on September 10, 2022

Kongsberg Gruppen ASA (OB:KOG) completed the acquisition of 77% stake in NanoAvionika, LLC from AST SpaceMobile, Inc. (NasdaqGS:ASTS) and others for enterprise value €65 million.

AST SpaceMobile, Inc. announced delayed 10-Q filing

Second quarter 2022 earnings released: US$0.056 loss per share (vs US$0.39 loss in 2Q 2021)

AST SpaceMobile GAAP EPS of -$0.06, revenue of $7.26M

AST SpaceMobile, Inc Announces BlueWalker 3 Test Satellite Arrives at Cape Canaveral for Upcoming Launch

AST SpaceMobile gains 14% as satellite arrives at September launch site

AST SpaceMobile partners with Nokia for its radio technology connectivity across regions

AST SpaceMobile Announces BlueWalker 3 Test Satellite Fully Assembled and Left Texas Factory

AST Spacemobile provides preliminary Q2 update

AST SpaceMobile: Possibly The Most Asymmetric Risk Vs. Reward On The Market

Kongsberg Gruppen ASA (OB:KOG) agreed to acquire 77% stake in NanoAvionika, LLC from AST SpaceMobile, Inc. (NasdaqGS:ASTS) and others for enterprise value €65 million.

AST SpaceMobile, Inc. Provides Updated Bluewalker 3 Launch Timing for Early to Mid-September

AST SpaceMobile now sets BlueWalker 3 launch for September; shares fall 6%

Valuing AST SpaceMobile And Globe Telecom Partnership For Satellite-Based Internet

AST SpaceMobile, Inc. Announces Summer Launch Date of BlueWalker 3 for Direct-to-Cell Phone Connectivity Testing

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

AST SpaceMobile, Inc. announced that it expects to receive $75 million in funding from B. Riley Principal Capital, LLC

Federal Communications Commission Grants Experimental License to AST SpaceMobile, Inc for Bluewalker 3 Satellite Direct-To-Cell Phone Connectivity

AST SpaceMobile, Inc. Appoints Sean Wallace as Executive Vice President, Effective May 10, 2022

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

AST SpaceMobile, Inc., Annual General Meeting, Sep 15, 2022

AST SpaceMobile: Broadband Internet Through Satellites Just As Elon Musk's Starlink In Ukraine

We're Hopeful That AST SpaceMobile (NASDAQ:ASTS) Will Use Its Cash Wisely

Forecast to breakeven in 2024

AST SpaceMobile: Broadband For Wherever You Are, And For Wherever You Go

Third quarter 2021 earnings released: EPS US$0.08 (vs US$1.01 loss in 3Q 2020)

Here's Why We're Not Too Worried About AST SpaceMobile's (NASDAQ:ASTS) Cash Burn Situation

AST SpaceMobile Hits #1 On WallStreetBets, Now What?