AST SpaceMobile (Nasdaq:ASTS) - Stock Price, News & Analysis

ASTS Stock Overview

Develops and provides access to a space-based cellular broadband network for smartphones in the United States.

ASTS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 97.6% below our estimate of its fair value

Earnings are forecast to grow 69.75% per year

Risk Analysis

Highly volatile share price over the past 3 months

Makes less than USD$1m in revenue ($500K)

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

AST SpaceMobile, Inc. Competitors

Lumen Technologies

NYSE:LUMN

US$2.0b

Liberty Latin America

NasdaqGS:LILA

US$2.0b

Globalstar

NYSEAM:GSAT

US$2.2b

Iridium Communications

NasdaqGS:IRDM

US$3.4b

Price History & Performance

Summary of all time highs, changes and price drops for AST SpaceMobile
Historical stock prices
Current Share Price	US$17.52
52 Week High	US$20.37
52 Week Low	US$1.97
Beta	1.61
11 Month Change	50.90%
3 Month Change	675.22%
1 Year Change	312.24%
33 Year Change	63.13%
5 Year Change	n/a
Change since IPO	79.32%

Recent updates

AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In

Jul 29

AST SpaceMobile: Uncertainty Shouldn't Be Downplayed

Jul 03

Does AST SpaceMobile (NASDAQ:ASTS) Have A Healthy Balance Sheet?

Jun 25

AST SpaceMobile: Stock Launches Into Space

May 31

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

May 16

AST SpaceMobile Q4 Earnings Preview: 5 Things To Consider

Mar 27

AST SpaceMobile: Reaching Commercialization Phase

Mar 21

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

Aug 15

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

Aug 09

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

Shareholder Returns

	ASTS	US Telecom	US Market
7D	26.6%	3.8%	-2.3%
1Y	312.2%	24.4%	16.9%

Return vs Industry: ASTS exceeded the US Telecom industry which returned 22.2% over the past year.

Return vs Market: ASTS exceeded the US Market which returned 16.9% over the past year.

Price Volatility

Is ASTS's price volatile compared to industry and market?
ASTS volatility
ASTS Average Weekly Movement	31.2%
Telecom Industry Average Movement	5.7%
Market Average Movement	6.0%
10% most volatile stocks in US Market	14.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: ASTS's share price has been volatile over the past 3 months.

Volatility Over Time: ASTS's weekly volatility has increased from 20% to 31% over the past year.

About the Company

Founded	Employees	CEO	Website
2017	489	Abel Avellan	ast-science.com

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.

AST SpaceMobile, Inc. Fundamentals Summary

How do AST SpaceMobile's earnings and revenue compare to its market cap?
ASTS fundamental statistics
Market cap	US$5.08b
Earnings (TTM)	-US$90.97m
Revenue (TTM)	US$500.00k

5,303x

P/S Ratio

-29.1x

P/E Ratio

Is ASTS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASTS income statement (TTM)
Revenue	US$500.00k
Cost of Revenue	US$0
Gross Profit	US$500.00k
Other Expenses	US$91.47m
Earnings	-US$90.97m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.60
Gross Margin	100.00%
Net Profit Margin	-18,194.60%
Debt/Equity Ratio	56.4%

How did ASTS perform over the long term?

See historical performance and comparison

ASTS Stock Overview

Rewards

Risk Analysis

AST SpaceMobile, Inc. Competitors

NYSE:LUMN

US$2.0b

NasdaqGS:LILA

US$2.0b

NYSEAM:GSAT

US$2.2b

NasdaqGS:IRDM

US$3.4b

Price History & Performance

Recent News & Updates

AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In

Consensus revenue estimates decrease by 14%

New minor risk - Shareholder dilution

AST SpaceMobile: Uncertainty Shouldn't Be Downplayed

AST SpaceMobile, Inc. Announces CFO Changes

Does AST SpaceMobile (NASDAQ:ASTS) Have A Healthy Balance Sheet?

Recent updates

AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In

Consensus revenue estimates decrease by 14%

New minor risk - Shareholder dilution

AST SpaceMobile: Uncertainty Shouldn't Be Downplayed

AST SpaceMobile, Inc. Announces CFO Changes

Does AST SpaceMobile (NASDAQ:ASTS) Have A Healthy Balance Sheet?

AST Spacemobile, Inc. Announces Appointment of Chris Sambar to Its Board

New minor risk - Shareholder dilution

The Portnoy Law Firm Files Class Action Lawsuit on Behalf of Investors Against AST SpaceMobile, Inc

AST SpaceMobile, Inc. Appoints Johan Wibergh to Board of Directors and Chairman of Newly Formed Network Planning and Spectrum Committee, and Member of Compensation and Audit Committee

AST SpaceMobile, Inc. Welcomes Johan Wibergh to Board of Directors and Chairman of Newly Formed Network Planning and Spectrum Committee of Its Board of Directors

Price target increased by 8.3% to US$14.38

AST SpaceMobile: Stock Launches Into Space

Consensus revenue estimates fall by 68%

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