Symbols / ASTS $92.62 +10.28% AST SpaceMobile, Inc.

Technology • Communication Equipment • United States • NMS
ASTS Chart
About

AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Communication Equipment Market Cap 35.38B
Enterprise Value 27.56B Income -341.94M Sales 70.92M
Book/sh 6.45 Cash/sh 7.98 Dividend Yield —
Payout 0.00% Employees 1126 IPO —
P/E — Forward P/E 6672.91 PEG —
P/S 498.93 P/B 14.36 P/C —
EV/EBITDA -116.48 EV/Sales 388.60 Quick Ratio 15.79
Current Ratio 16.35 Debt/Eq 93.61 LT Debt/Eq —
EPS (ttm) -1.34 EPS next Y 0.01 EPS Growth —
Revenue Growth 27.31% Earnings 2026-05-11 ROA -6.02%
ROE -30.12% ROIC — Gross Margin 50.34%
Oper. Margin -133.09% Profit Margin 0.00% Shs Outstand 292.64M
Shs Float 165.27M Short Float 20.09% Short Ratio 3.89
Short Interest — 52W High 129.89 52W Low 18.22
Beta 2.80 Avg Volume 14.68M Volume 16.84M
Target Price $88.53 Recom Hold Prev Close $83.99
Price $92.62 Change 10.28%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$88.53
Mean price target
2. Current target
$96.94
Latest analyst target
3. DCF / Fair value
$-76.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$96.94
Low
$41.20
High
$139.00
Mean
$88.53

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-04 main UBS Neutral → Neutral $85
2026-02-13 main B. Riley Securities Neutral → Neutral $95
2026-01-13 down B. Riley Securities Buy → Neutral $105
2026-01-07 down Scotiabank Sector Perform → Sector Underperform $46
2025-11-25 up Scotiabank Sector Underperform → Sector Perform $46
2025-11-12 main Clear Street Buy → Buy $87
2025-10-23 main B. Riley Securities Buy → Buy $95
2025-10-17 down Barclays Overweight → Underweight $60
2025-10-07 down Scotiabank Sector Perform → Sector Underperform $43
2025-10-01 main Barclays Overweight → Overweight $60
2025-09-09 down UBS Buy → Neutral $43
2025-08-21 init William Blair — → Market Perform —
2025-08-14 main UBS Buy → Buy $62
2025-08-07 main Scotiabank Sector Perform → Sector Perform $43
2025-06-25 init B of A Securities — → Neutral $55
2025-06-23 down Scotiabank Sector Outperform → Sector Perform $45
2025-06-16 main B. Riley Securities Buy → Buy $44
2025-05-13 main Scotiabank Sector Outperform → Sector Outperform $45
2025-05-05 init Oppenheimer — → Perform —
2025-03-05 main UBS Buy → Buy $38
News
RSS: Latest ASTS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-24 WISNIEWSKI SCOTT President — 123,437 $0.00 $0
2026-03-24 JOHNSON ANDREW MARTIN Chief Financial Officer — 100,000 $0.00 $0
2026-03-24 AVELLAN ABEL ANTONIO Chief Executive Officer — 184,375 $0.00 $0
2026-03-24 GUPTA SHANTI B. Chief Operating Officer — 54,687 $0.00 $0
2026-03-23 YAO HUIWEN Chief Technology Officer — 40,000 $88.88 $3,555,200
2026-03-11 YAO HUIWEN Chief Technology Officer — 40,000 $0.06 $2,564
2025-12-24 LARSON KEITH R Director — 625 $80.00 $50,000
2025-12-17 LARSON KEITH R Director — 715 $70.02 $50,064
2025-12-10 LARSON KEITH R Director — 675 $72.71 $49,079
2025-12-10 GUPTA SHANTI B. Chief Operating Officer — 10,000 $77.34 $773,400
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
70.92
+1505.21%
4.42
0.00
-100.00%
13.82
Operating Revenue
70.92
+1505.21%
4.42
0.00
-100.00%
13.82
Cost Of Revenue
35.22
0.00
0.00
-100.00%
6.71
Reconciled Cost Of Revenue
35.22
0.00
0.00
-100.00%
6.71
Gross Profit
35.70
+708.10%
4.42
0.00
-100.00%
7.11
Operating Expense
323.42
+30.84%
247.18
+11.16%
222.37
+45.46%
152.88
Research And Development
170.62
+39.54%
122.27
-3.19%
126.30
+26.51%
99.83
Selling General And Administration
101.68
+65.15%
61.57
+47.99%
41.60
-13.93%
48.33
General And Administrative Expense
101.68
+65.15%
61.57
+47.99%
41.60
-13.93%
48.33
Other Gand A
101.68
+65.15%
61.57
+47.99%
41.60
-13.93%
48.33
Other Operating Expenses
—
—
—
—
Total Expenses
358.63
+45.09%
247.18
+11.16%
222.37
+39.34%
159.59
Operating Income
-287.71
-18.52%
-242.76
-9.17%
-222.37
-52.55%
-145.76
EBITDA
-369.93
+16.49%
-442.98
-173.42%
-162.02
-66.05%
-97.57
Normalized EBITDA
-301.78
-84.70%
-163.39
+4.45%
-171.00
-46.55%
-116.68
Reconciled Depreciation
51.11
-19.31%
63.34
+16.29%
54.47
+1056.21%
4.71
EBIT
-421.04
+16.84%
-506.32
-133.88%
-216.49
-111.66%
-102.28
Total Unusual Items
-68.15
+75.62%
-279.59
-3211.40%
8.99
-52.99%
19.11
Total Unusual Items Excluding Goodwill
-68.15
+75.62%
-279.59
-3211.40%
8.99
-52.99%
19.11
Special Income Charges
0.00
+100.00%
-10.96
0.00
—
Other Special Charges
—
10.96
—
—
Net Income
-341.94
-13.95%
-300.08
-242.71%
-87.56
-176.74%
-31.64
Pretax Income
-457.11
+12.93%
-525.00
-137.56%
-221.00
-115.61%
-102.50
Net Non Operating Interest Income Expense
13.16
+391.39%
-4.52
-268.86%
2.67
+1.60%
2.63
Interest Expense Non Operating
36.07
+93.09%
18.68
+314.12%
4.51
+1988.43%
0.22
Net Interest Income
13.16
+391.39%
-4.52
-268.86%
2.67
+1.60%
2.63
Interest Expense
36.07
+93.09%
18.68
+314.12%
4.51
+1988.43%
0.22
Interest Income Non Operating
49.23
+247.59%
14.16
+97.11%
7.19
+152.23%
2.85
Interest Income
49.23
+247.59%
14.16
+97.11%
7.19
+152.23%
2.85
Other Income Expense
-182.56
+34.26%
-277.72
-21197.78%
-1.30
-103.21%
40.63
Other Non Operating Income Expenses
-114.41
-6227.91%
1.87
+118.14%
-10.29
-147.81%
21.52
Gain On Sale Of Security
-68.15
+74.63%
-268.63
-3089.39%
8.99
-52.99%
19.11
Tax Provision
3.90
+193.52%
1.33
-21.00%
1.68
+172.45%
0.62
Tax Rate For Calcs
0.00
0.00
-100.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-14.31
0.00
-100.00%
1.89
-52.99%
4.01
Net Income Including Noncontrolling Interests
-461.01
+12.41%
-526.33
-136.36%
-222.68
-115.95%
-103.11
Net Income From Continuing Operation Net Minority Interest
-341.94
-13.95%
-300.08
-242.71%
-87.56
-176.74%
-31.64
Net Income From Continuing And Discontinued Operation
-341.94
-13.95%
-300.08
-242.71%
-87.56
-176.74%
-31.64
Net Income Continuous Operations
-461.01
+12.41%
-526.33
-136.36%
-222.68
-115.95%
-103.11
Minority Interests
119.07
-47.37%
226.25
+67.45%
135.12
+89.04%
71.47
Normalized Income
-288.10
-1305.84%
-20.49
+78.35%
-94.66
-102.52%
-46.74
Net Income Common Stockholders
-341.94
-13.95%
-300.08
-242.71%
-87.56
-176.74%
-31.64
Diluted EPS
-1.34
+30.93%
-1.94
-81.31%
-1.07
-84.48%
-0.58
Basic EPS
-1.34
+30.93%
-1.94
-81.31%
-1.07
-84.48%
-0.58
Basic Average Shares
255.98
+65.68%
154.50
+88.82%
81.82
+50.31%
54.44
Diluted Average Shares
255.98
+65.68%
154.50
+88.82%
81.82
+50.31%
54.44
Diluted NI Availto Com Stockholders
-341.94
-13.95%
-300.08
-242.71%
-87.56
-176.74%
-31.64
Depreciation Amortization Depletion Income Statement
51.11
-19.31%
63.34
+16.29%
54.47
+1056.21%
4.71
Depreciation And Amortization In Income Statement
51.11
-19.31%
63.34
+16.29%
54.47
+1056.21%
4.71
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
5,014.39
+425.31%
954.56
+164.50%
360.89
-17.67%
438.37
Current Assets
2,458.51
+309.58%
600.25
+461.60%
106.88
-60.16%
268.31
Cash Cash Equivalents And Short Term Investments
2,335.68
+313.40%
564.99
+559.86%
85.62
-64.11%
238.59
Cash And Cash Equivalents
2,335.68
+313.40%
564.99
+559.86%
85.62
-64.11%
238.59
Receivables
37.73
+2594.71%
1.40
+21.53%
1.15
-31.14%
1.67
Accounts Receivable
37.73
+2594.71%
1.40
—
0.00
Taxes Receivable
—
—
1.15
-31.14%
1.67
Inventory
12.01
+1030.60%
1.06
—
0.00
Prepaid Assets
11.96
+51.58%
7.89
+71.79%
4.59
-83.03%
27.05
Restricted Cash
0.88
-65.55%
2.55
+2.87%
2.48
+270.51%
0.67
Other Current Assets
60.26
+169.48%
22.36
+57.55%
14.19
+4149.70%
0.33
Total Non Current Assets
2,555.88
+621.36%
354.31
+39.49%
254.01
+49.36%
170.06
Net PPE
1,418.18
+303.26%
351.68
+39.72%
251.70
+63.80%
153.66
Gross PPE
1,591.89
+235.81%
474.05
+51.52%
312.87
+94.77%
160.64
Accumulated Depreciation
-173.71
-41.96%
-122.37
-100.03%
-61.17
-776.53%
-6.98
Properties
0.00
0.00
0.00
0.00
Land And Improvements
1.93
+42.59%
1.35
+0.00%
1.35
+0.00%
1.35
Buildings And Improvements
29.03
+81.30%
16.01
+10.01%
14.55
+41.75%
10.27
Machinery Furniture Equipment
25.13
+37.75%
18.24
+64.18%
11.11
+252.43%
3.15
Construction In Progress
1,161.20
+797.99%
129.31
-1.05%
130.68
+19.35%
109.49
Other Properties
359.36
+19.91%
299.69
+105.18%
146.06
+418.37%
28.18
Leases
15.24
+61.47%
9.44
+3.60%
9.11
+11.15%
8.20
Goodwill And Other Intangible Assets
245.09
0.00
—
0.00
Goodwill
—
—
—
0.00
Other Intangible Assets
—
—
—
—
Non Current Prepaid Assets
—
—
—
14.75
Other Non Current Assets
874.41
+33122.42%
2.63
+13.89%
2.31
-85.91%
16.40
Total Liabilities Net Minority Interest
2,622.06
+818.68%
285.42
+93.72%
147.33
+87.58%
78.55
Current Liabilities
150.34
+97.97%
75.94
+64.30%
46.22
+66.29%
27.80
Payables And Accrued Expenses
107.66
+311.15%
26.18
-34.20%
39.79
+81.21%
21.96
Payables
46.76
+175.01%
17.00
-17.36%
20.57
+47.71%
13.93
Accounts Payable
46.76
+175.01%
17.00
-17.36%
20.57
+47.71%
13.93
Current Accrued Expenses
60.90
+563.28%
9.18
-52.23%
19.22
+139.30%
8.03
Total Tax Payable
—
—
—
—
Current Debt And Capital Lease Obligation
14.45
+202.58%
4.78
+177.62%
1.72
+78.42%
0.96
Current Debt
12.00
+311.07%
2.92
+1058.33%
0.25
+4.13%
0.24
Other Current Borrowings
12.00
+311.07%
2.92
+1058.33%
0.25
+4.13%
0.24
Current Capital Lease Obligation
2.45
+31.95%
1.86
+26.43%
1.47
+103.32%
0.72
Current Deferred Liabilities
19.89
-52.61%
41.97
+1768.57%
2.25
-10.12%
2.50
Current Deferred Revenue
19.89
-52.61%
41.97
0.00
0.00
Other Current Liabilities
8.35
+177.04%
3.01
+22.42%
2.46
+3.75%
2.37
Total Non Current Liabilities Net Minority Interest
2,471.72
+1079.97%
209.47
+107.17%
101.11
+99.24%
50.75
Long Term Debt And Capital Lease Obligation
2,225.06
+1222.67%
168.22
+136.43%
71.15
+502.78%
11.80
Long Term Debt
2,207.58
+1319.00%
155.57
+162.56%
59.25
+1145.31%
4.76
Long Term Capital Lease Obligation
17.48
+38.15%
12.65
+6.32%
11.90
+68.89%
7.05
Non Current Deferred Liabilities
207.09
0.00
—
—
Non Current Deferred Revenue
207.09
0.00
—
—
Other Non Current Liabilities
32.09
—
—
—
Stockholders Equity
1,841.47
+284.35%
479.12
+384.00%
98.99
-25.87%
133.53
Common Stock Equity
1,841.47
+284.35%
479.12
+384.00%
98.99
-25.87%
133.53
Capital Stock
0.04
+21.88%
0.03
+45.45%
0.02
+10.00%
0.02
Common Stock
0.04
+21.88%
0.03
+45.45%
0.02
+10.00%
0.02
Share Issued
285.45
+37.12%
208.17
+130.89%
90.16
+25.54%
71.82
Ordinary Shares Number
285.45
+37.12%
208.17
+130.89%
90.16
+25.54%
71.82
Additional Paid In Capital
2,671.77
+175.72%
969.00
+235.99%
288.40
+22.52%
235.38
Retained Earnings
-831.68
-69.82%
-489.75
-158.22%
-189.66
-85.76%
-102.10
Gains Losses Not Affecting Retained Earnings
1.35
+867.61%
-0.18
-177.53%
0.23
-0.87%
0.23
Minority Interest
550.85
+189.87%
190.03
+65.87%
114.57
-49.37%
226.29
Other Equity Adjustments
1.35
+867.61%
-0.18
-177.53%
0.23
-0.87%
0.23
Total Equity Gross Minority Interest
2,392.32
+257.52%
669.15
+213.33%
213.56
-40.65%
359.83
Total Capitalization
4,049.06
+537.96%
634.69
+301.08%
158.24
+14.43%
138.29
Working Capital
2,308.17
+340.23%
524.30
+764.32%
60.66
-74.78%
240.51
Invested Capital
4,061.06
+536.92%
637.61
+302.29%
158.50
+14.41%
138.53
Total Debt
2,239.51
+1194.51%
173.00
+137.40%
72.87
+470.74%
12.77
Capital Lease Obligations
19.93
+37.36%
14.51
+8.53%
13.37
+72.09%
7.77
Net Tangible Assets
1,596.38
+233.19%
479.12
+384.00%
98.99
-25.87%
133.53
Tangible Book Value
1,596.38
+233.19%
479.12
+384.00%
98.99
-25.87%
133.53
Derivative Product Liabilities
7.47
-81.89%
41.25
+37.68%
29.96
-23.07%
38.95
Interest Payable
12.73
+4202.03%
0.30
—
—
Non Current Note Receivables
18.19
0.00
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-71.52
+43.30%
-126.14
+15.31%
-148.94
+4.81%
-156.46
Cash Flow From Continuing Operating Activities
-71.52
+43.30%
-126.14
+15.31%
-148.94
+4.81%
-156.46
Net Income From Continuing Operations
-461.01
+12.41%
-526.33
-136.36%
-222.68
-115.95%
-103.11
Depreciation Amortization Depletion
51.11
-19.31%
63.34
+16.29%
54.47
+1056.21%
4.71
Depreciation
—
—
—
—
Amortization Cash Flow
—
—
—
—
Depreciation And Amortization
51.11
-19.31%
63.34
+16.29%
54.47
+1056.21%
4.71
Amortization Of Intangibles
—
—
—
—
Other Non Cash Items
107.24
+780.74%
12.18
+954.20%
1.16
+247.89%
0.33
Stock Based Compensation
47.49
+48.23%
32.04
+141.09%
13.29
+41.51%
9.39
Operating Gains Losses
73.96
-72.69%
270.85
+3151.46%
-8.88
+79.53%
-43.35
Gain Loss On Investment Securities
68.15
-74.63%
268.63
+3089.39%
-8.99
+52.99%
-19.11
Gain Loss On Sale Of PPE
4.61
+107.34%
2.22
+1919.09%
0.11
-63.93%
0.30
Change In Working Capital
109.69
+403.53%
21.78
+59.03%
13.70
+156.06%
-24.43
Change In Receivables
-4.08
+30.66%
-5.88
-204.67%
-1.93
-111.73%
16.45
Changes In Account Receivables
-4.08
+30.66%
-5.88
-204.67%
-1.93
-111.73%
16.45
Change In Inventory
-10.95
-930.60%
-1.06
0.00
+100.00%
-2.46
Change In Prepaid Assets
-27.62
-107.15%
-13.33
-196.19%
13.86
+156.38%
-24.59
Change In Payables And Accrued Expense
—
—
—
18.44
Change In Other Working Capital
152.33
+262.20%
42.06
+2282.83%
1.76
+112.76%
-13.83
Change In Other Current Liabilities
—
—
—
-0.68
Investing Cash Flow
-1,541.14
-785.07%
-174.13
-46.56%
-118.81
-278.95%
-31.35
Cash Flow From Continuing Investing Activities
-1,541.14
-785.07%
-174.13
-46.56%
-118.81
-278.95%
-31.35
Net PPE Purchase And Sale
-1,064.74
-511.47%
-174.13
-46.56%
-118.81
-107.40%
-57.28
Purchase Of PPE
-1,064.74
-511.47%
-174.13
-46.56%
-118.81
-107.40%
-57.28
Capital Expenditure
-1,121.14
-543.86%
-174.13
-46.56%
-118.81
-107.40%
-57.28
Net Business Purchase And Sale
—
0.00
0.00
-100.00%
25.93
Gain Loss On Sale Of Business
—
0.00
0.00
+100.00%
-24.54
Net Intangibles Purchase And Sale
-56.40
0.00
0.00
—
Purchase Of Intangibles
-56.40
0.00
0.00
—
Net Other Investing Changes
-420.00
—
—
—
Financing Cash Flow
3,827.49
+390.72%
779.97
+568.17%
116.73
+14.06%
102.34
Cash Flow From Continuing Financing Activities
3,827.49
+390.72%
779.97
+568.17%
116.73
+14.06%
102.34
Net Issuance Payments Of Debt
1,602.88
+1565.37%
96.25
+52.15%
63.26
+27403.48%
0.23
Issuance Of Debt
2,611.52
+1701.05%
145.00
+128.35%
63.50
+27508.70%
0.23
Repayment Of Debt
-1,008.64
-1968.92%
-48.75
-20045.45%
-0.24
0.00
Long Term Debt Issuance
2,611.52
+1701.05%
145.00
+128.35%
63.50
+27508.70%
0.23
Long Term Debt Payments
-1,008.64
-1968.92%
-48.75
-20045.45%
-0.24
0.00
Net Long Term Debt Issuance
1,602.88
+1565.37%
96.25
+52.15%
63.26
+27403.48%
0.23
Net Common Stock Issuance
2,306.78
+317.94%
551.95
+753.89%
64.64
-38.30%
104.77
Proceeds From Stock Option Exercised
11.81
-92.55%
158.56
+70370.67%
0.23
+158.62%
0.09
Net Other Financing Charges
-93.98
-250.85%
-26.79
-135.18%
-11.39
-314.63%
-2.75
Changes In Cash
2,214.83
+361.71%
479.70
+417.64%
-151.02
-76.68%
-85.48
Effect Of Exchange Rate Changes
-2.41
-825.77%
-0.26
-83.10%
-0.14
-172.82%
0.20
Beginning Cash Position
567.53
+544.21%
88.10
-63.18%
239.26
-26.28%
324.54
End Cash Position
2,779.96
+389.83%
567.53
+544.21%
88.10
-63.18%
239.26
Free Cash Flow
-1,192.65
-297.19%
-300.27
-12.15%
-267.75
-25.26%
-213.75
Interest Paid Supplemental Data
7.86
-34.48%
11.99
+269.66%
3.24
+1347.77%
0.22
Income Tax Paid Supplemental Data
6.80
+307.31%
1.67
+239.23%
0.49
-28.07%
0.68
Common Stock Issuance
2,306.78
+317.94%
551.95
+753.89%
64.64
-38.30%
104.77
Earnings Losses From Equity Investments
1.21
0.00
0.00
—
Issuance Of Capital Stock
2,306.78
+317.94%
551.95
+753.89%
64.64
-38.30%
104.77
Net Preferred Stock Issuance
—
—
—
—
Preferred Stock Issuance
—
—
—
—
Sale Of Business
—
0.00
0.00
-100.00%
25.93
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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