ASTS
AST SpaceMobile, Inc.

AST SpaceMobile, Inc.ASTS

Technology · Communication Equipment
63.69USD
+2.91%
Sep 23, 2026
ASTS overview ready
Direct-to-device cellular broadband constellation extending resilient SATCOM coverage
AST SpaceMobile is a direct-to-device satellite-network developer and prospective operator whose cellular-broadband constellation can extend resilient communications to ordinary smartphones for mobile-network partners and government users.
Strong narrative exposure
Exposed to the National Security Space Systems narrative through Resilient SATCOM and National Security Launch — pure play.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of base repair.
The tactical setup reads base repair, but the weekly structure is broken.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Fundamentals under pressure
Ev / sales is weak.
Primary risk
High capital expenditure and deployment risk.
Market Sep 22Price action Sep 22Research Aug 28

Conviction Level

NarrativeHeat6.4ThemeHeat6.7PriceAction5.4Valuation5.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of base repair.
The tactical setup reads base repair, but the weekly structure is broken.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$17.5B
Avg Volume (60D)
10.8M
60 sessions
Gross Margin
+38.9%
Operating Margin
-410.3%
Trailing twelve months
Free Cash Flow Yield
-10.3%
Distance from 200DMA
-22.1%
Next Earnings
2026-11-09
P/E
N/M
EV / Sales
162.7x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
AST SpaceMobile, Inc. has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
AST SpaceMobile is a direct-to-device satellite-network developer and prospective operator whose cellular-broadband constellation can extend resilient communications to ordinary smartphones for mobile-network partners and government users.
Opportunity
High opportunity
Government, allied, civil-resilience, and mobile-network demand for satellite communications that sustain connectivity beyond terrestrial coverage, supported by proliferated orbital infrastructure and assured launch access.
Key risk
High capital expenditure and deployment risk.

Narrative & Theme

National Security Space Systems
Part of Resilient SATCOM and National Security Launch, with strong fit.
The company has a strong adjacent fit: its core economic proposition is resilient space-based cellular connectivity, a capability relevant to government, emergency-response, and national-security communications as well as commercial carrier coverage extension.
Narrative HeatNeutral6.4 / 10
Theme HeatNeutral6.7 / 10

Business & Markets

Technology · Communication Equipment
What they do

AST SpaceMobile designs and develops a satellite constellation to provide cellular broadband coverage directly to smartphones from space, targeting areas without terrestrial cellular networks.

How it earns

The company generates revenue primarily through commercial and government contracts for its SpaceMobile cellular broadband services.

Products & services
BlueBird satellite constellation
SpaceMobile cellular broadband service
Customers & end markets
Commercial cellular network operators
Government agencies
Market position

Niche player pioneering space-based cellular broadband connectivity.

Demand drivers
Medium cyclicality

Demand depends on telecommunications infrastructure investment cycles and satellite deployment timelines.