TORVANTA
Communication Services · S&P 500 · data as of 2026-10-05

ASTS stock analysis: AST SpaceMobile

AST SpaceMobile (ASTS) is an S&P 500 company in Satellite Communications. It grades weakest on momentum and profitability.

The model's view of ASTS · subscribers

Where ASTS ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with ASTS · updated 2026-10-05 · from prices and SEC filings

ASTS price performance

ASTS against the S&P 500, one year
+0%+100%ASTS +20%S&P 500 +18%2025-09-292026-10-05
Year to date-19.5%S&P 500 +14.5% · behind by 34.1 pts
1 year-13.8%S&P 500 +17.0% · behind by 30.8 pts
3 years+1458.4%S&P 500 +89.3% · ahead by 1369.1 pts
5 years+460.3%S&P 500 +91.3% · ahead by 369.0 pts

Total returns with dividends reinvested.

ASTS factor grades

Each grade compares ASTS with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–ValueFCF yield -9.4% (sector 4.6%)
–Growth
FProfitability
DMomentum12-month change -14%From 52-wk high -56%

ASTS in plain numbers

ASTS key statistics

SectorCommunication Services
IndustrySatellite Communications
IndexS&P 500
Market value$17.5B
Revenue growth (y/y)+2266%
Free-cash-flow yield-9.4%
Dividend yieldn/a
Next earnings (expected)2026-11-09
Valuation measures
Market value$17.5B
Enterprise value$18.2B
Price / sales151.6x
Price / book7.3x
EV / revenue157.5x
Financial highlights
Revenue, last 12 months$115.3M
Net income, last 12 months-$618.8M
Net margin-536.7%
Return on equity-34.8%
Cash$2.3B
Total debt$3.0B
Debt / equity1.24x
Free cash flow, last 12 months-$1.6B
Current ratio13.05x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

ASTS earnings trends

Revenue vs earnings
-$230.9M-$159.6M-$88.3M-$17.0M$54.3MSep 2024 Revenue: $1.1MDec 2024 Revenue: $1.9MMar 2025 Revenue: $718KJun 2025 Revenue: $1.2MSep 2025 Revenue: $14.7MDec 2025 Revenue: $54.3MMar 2026 Revenue: $14.7MJun 2026 Revenue: $31.5MSep 2024 Net income: -$171.9MDec 2024 Net income: -$35.9MMar 2025 Net income: -$45.7MJun 2025 Net income: -$99.4MSep 2025 Net income: -$122.9MDec 2025 Net income: -$74.0MMar 2026 Net income: -$191.0MJun 2026 Net income: -$230.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: -15631.5%Net margin: -1887.2%Net margin: -6365.7%Net margin: -8598.1%Net margin: -833.7%Net margin: -136.2%Net margin: -1296.3%Net margin: -732.6%-15631%-7884%-136%■ Revenue ■ Net income ━ Net margin

From the company's 10-Q and 10-K filings with the SEC.

AST SpaceMobile financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$12.4M$13.8M$2.4M$4.4M$70.9M
Net income-$106.3M-$64.0M-$87.6M-$300.1M-$341.9M
EPS (GAAP)$-0.08n/an/an/an/a
Free cash flow-$95.2M-$186.8M-$267.7M-$300.3M-$1.1B

ASTS earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-10n/an/a+2627%-0.1%
2026-07-15n/an/a+2627%-19.9%
2026-05-11n/an/a+1952%-2.9%
2026-03-02n/an/a+2758%+17.9%
2026-02-11n/an/a+2758%-13.0%
2025-11-10n/an/a+1240%-3.7%

About AST SpaceMobile

HeadquartersMidland, TX
Industry (SEC code)Communications Services, Nec
Fiscal year endsDecember 31
Incorporated inDE
Listed onNasdaq
FormerlyAST SpaceMobile, Inc., New Providence Acquisition Corp.

From the company's SEC registration record.

Companies similar to ASTS

CompanyMarket valueP/ERevenue growthOperating margin12-month change
ASTS AST SpaceMobile$17.5Bn/an/an/a-14%
NWS News Corp B$17.9B31.1x+1%n/a+0%compare
NWSA News Corp A$16.2B28.1x+1%n/a+3%compare
OMC Omnicom$21.4Bn/a+26%3.2%+1%compare
TKO TKO Group$13.4B62.1x+27%18.8%-9%
CHTR Charter Communications$13.1B2.8x-1%23.3%-62%
FOX Fox Corp B$24.9B14.8x+5%n/a+3%

All Communication Services stock ratings

Frequently asked questions

Is ASTS stock a buy?

Torvanta does not tell individuals what to buy. Its grades for ASTS are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does ASTS report earnings next?

Based on its filing history, Torvanta expects AST SpaceMobile to report around 2026-11-09.

How has ASTS performed against the S&P 500?

Over the past year ASTS returned -13.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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