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 32.08B
Enterprise Value 23.73B Income -303.83M Sales 18.53M
Book/sh 4.56 Cash/sh 4.34 Dividend Yield —
Payout 0.00% Employees 578 IPO —
P/E — Forward P/E -84.47 PEG —
P/S 1730.93 P/B 18.82 P/C —
EV/EBITDA -103.04 EV/Sales 1280.55 Quick Ratio 9.10
Current Ratio 9.56 Debt/Eq 44.43 LT Debt/Eq —
EPS (ttm) -1.14 EPS next Y -1.02 EPS Growth —
Revenue Growth 12.40% Earnings 2026-03-02 ROA -10.16%
ROE -39.03% ROIC — Gross Margin 68.68%
Oper. Margin -5.41% Profit Margin 0.00% Shs Outstand 284.37M
Shs Float 230.78M Short Float 19.14% Short Ratio 2.32
Short Interest — 52W High 129.89 52W Low 18.22
Beta 2.71 Avg Volume 15.38M Volume 7.36M
Target Price $80.39 Recom Hold Prev Close $83.90
Price $85.82 Change 2.29%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$80.39
Mean price target
2. Current target
$85.82
Latest analyst target
3. DCF / Fair value
$-52.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$85.82
Low
$43.00
High
$137.00
Mean
$80.39

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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
2025-03-05 main Scotiabank Sector Outperform → Sector Outperform $48
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 625 50000 — Purchase at price 80.00 per share. LARSON KEITH R Director — 2025-12-24 00:00:00 I
1 715 50064 — Purchase at price 70.02 per share. LARSON KEITH R Director — 2025-12-17 00:00:00 I
2 675 49079 — Purchase at price 72.71 per share. LARSON KEITH R Director — 2025-12-10 00:00:00 I
3 10000 773400 — Sale at price 77.34 per share. GUPTA SHANTI B. Chief Operating Officer — 2025-12-10 00:00:00 D
4 2288621 159631315 — Sale at price 69.75 per share. AMERICAN TOWER CORPORATION Beneficial Owner of more than 10% of a Class of Security — 2025-12-09 00:00:00 I
5 40000 2940800 — Sale at price 73.52 per share. YAO HUIWEN Chief Technology Officer — 2025-12-05 00:00:00 D
6 6000 442560 — Sale at price 73.76 per share. BERNAL MAYA Officer — 2025-12-05 00:00:00 D
7 125000 — — Stock Award(Grant) at price 0.00 per share. JOHNSON ANDREW MARTIN Chief Financial Officer — 2025-12-02 00:00:00 D
8 250000 — — Stock Award(Grant) at price 0.00 per share. AVELLAN ABEL ANTONIO Chief Executive Officer — 2025-12-02 00:00:00 D
9 125000 — — Stock Award(Grant) at price 0.00 per share. GUPTA SHANTI B. Chief Operating Officer — 2025-12-02 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.001.89M4.01M0.00
TaxRateForCalcs0.000.210.210.00
NormalizedEBITDA-163.39M-171.00M-116.68M-99.60M
TotalUnusualItems-279.59M8.99M19.11M15.77M
TotalUnusualItemsExcludingGoodwill-279.59M8.99M19.11M15.77M
NetIncomeFromContinuingOperationNetMinorityInterest-300.08M-87.56M-31.64M-18.97M
ReconciledDepreciation63.34M54.47M4.71M2.91M
ReconciledCostOfRevenue0.000.006.71M7.56M
EBITDA-442.98M-162.02M-97.57M-83.83M
EBIT-506.32M-216.49M-102.28M-86.75M
NetInterestIncome-4.52M2.67M2.63M
InterestExpense18.68M4.51M216.00K
InterestIncome14.16M7.19M2.85M
NormalizedIncome-20.49M-94.66M-46.74M-34.74M
NetIncomeFromContinuingAndDiscontinuedOperation-300.08M-87.56M-31.64M-18.97M
TotalExpenses247.18M222.37M159.59M99.15M
DilutedAverageShares154.50M81.82M54.44M51.73M
BasicAverageShares154.50M81.82M54.44M51.73M
DilutedEPS-1.94-1.07-0.58-0.59
BasicEPS-1.94-1.07-0.58-0.59
DilutedNIAvailtoComStockholders-300.08M-87.56M-31.64M-18.97M
NetIncomeCommonStockholders-300.08M-87.56M-31.64M-18.97M
NetIncome-300.08M-87.56M-31.64M-18.97M
MinorityInterests226.25M135.12M71.47M54.29M
NetIncomeIncludingNoncontrollingInterests-526.33M-222.68M-103.11M-73.26M
NetIncomeContinuousOperations-526.33M-222.68M-103.11M-73.26M
TaxProvision1.33M1.68M617.00K331.00K
PretaxIncome-525.00M-221.00M-102.50M-72.93M
OtherIncomeExpense-277.72M-1.30M40.63M13.82M
OtherNonOperatingIncomeExpenses1.87M-10.29M21.52M-1.95M
SpecialIncomeCharges-10.96M
OtherSpecialCharges10.96M
GainOnSaleOfSecurity-268.63M8.99M19.11M15.77M
NetNonOperatingInterestIncomeExpense-4.52M2.67M2.63M
InterestExpenseNonOperating18.68M4.51M216.00K
InterestIncomeNonOperating14.16M7.19M2.85M
OperatingIncome-242.76M-222.37M-145.76M-86.75M
OperatingExpense247.18M222.37M152.88M91.59M
OtherOperatingExpenses29.60M
DepreciationAmortizationDepletionIncomeStatement63.34M54.47M4.71M2.91M
DepreciationAndAmortizationInIncomeStatement63.34M54.47M4.71M2.91M
ResearchAndDevelopment122.27M126.30M99.83M53.04M
SellingGeneralAndAdministration61.57M41.60M48.33M35.64M
GeneralAndAdministrativeExpense61.57M41.60M48.33M35.64M
OtherGandA61.57M41.60M48.33M35.64M
GrossProfit4.42M0.007.11M4.84M
CostOfRevenue0.000.006.71M7.56M
TotalRevenue4.42M0.0013.82M12.40M
OperatingRevenue4.42M0.0013.82M12.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber208.17M90.16M71.82M51.73M
ShareIssued208.17M90.16M71.82M51.73M
TotalDebt173.00M72.87M12.77M13.16M
TangibleBookValue479.12M98.99M133.53M96.64M
InvestedCapital637.61M158.50M138.53M105.28M
WorkingCapital524.30M60.66M240.51M314.43M
NetTangibleAssets479.12M98.99M133.53M96.64M
CapitalLeaseObligations14.51M13.37M7.77M8.16M
CommonStockEquity479.12M98.99M133.53M100.28M
TotalCapitalization634.69M158.24M138.29M105.28M
TotalEquityGrossMinorityInterest669.15M213.56M359.83M351.97M
MinorityInterest190.03M114.57M226.29M251.69M
StockholdersEquity479.12M98.99M133.53M100.28M
GainsLossesNotAffectingRetainedEarnings-176.00K227.00K229.00K-433.00K
OtherEquityAdjustments-176.00K227.00K229.00K-433.00K
RetainedEarnings-489.75M-189.66M-102.10M-70.46M
AdditionalPaidInCapital969.00M288.40M235.38M171.16M
CapitalStock32.00K22.00K20.00K18.00K
CommonStock32.00K22.00K20.00K18.00K
TotalLiabilitiesNetMinorityInterest285.42M147.33M78.55M91.96M
TotalNonCurrentLiabilitiesNetMinorityInterest209.47M101.11M50.75M70.59M
DerivativeProductLiabilities41.25M29.96M38.95M58.06M
LongTermDebtAndCapitalLeaseObligation168.22M71.15M11.80M12.53M
LongTermCapitalLeaseObligation12.65M11.90M7.05M7.53M
LongTermDebt155.57M59.25M4.76M5.00M
CurrentLiabilities75.94M46.22M27.80M21.38M
OtherCurrentLiabilities2.82M2.46M2.37M1.73M
CurrentDeferredLiabilities41.97M2.25M2.50M6.64M
CurrentDeferredRevenue41.97M0.000.006.64M
CurrentDebtAndCapitalLeaseObligation4.78M1.72M964.00K634.00K
CurrentCapitalLeaseObligation1.86M1.47M722.00K634.00K
CurrentDebt2.92M252.00K242.00K
OtherCurrentBorrowings2.92M252.00K242.00K
PayablesAndAccruedExpenses26.38M39.79M21.96M12.38M
CurrentAccruedExpenses9.38M19.22M8.03M5.74M
Payables17.00M20.57M13.93M6.64M
TotalTaxPayable180.00K
AccountsPayable17.00M20.57M13.93M6.64M
TotalAssets954.56M360.89M438.37M443.94M
TotalNonCurrentAssets354.31M254.01M170.06M108.13M
OtherNonCurrentAssets2.63M2.31M16.40M559.00K
NonCurrentPrepaidAssets14.75M0.00
GoodwillAndOtherIntangibleAssets0.003.64M
OtherIntangibleAssets242.00K
Goodwill0.003.64M
NetPPE351.68M251.70M153.66M103.93M
AccumulatedDepreciation-122.37M-61.17M-6.98M-3.59M
GrossPPE474.05M312.87M160.64M107.53M
Leases9.44M9.11M8.20M6.42M
ConstructionInProgress129.31M130.68M109.49M74.32M
OtherProperties299.69M146.06M28.18M22.63M
MachineryFurnitureEquipment18.24M11.11M3.15M2.81M
BuildingsAndImprovements16.01M14.55M10.27M0.00
LandAndImprovements1.35M1.35M1.35M1.35M
Properties0.000.000.000.00
CurrentAssets600.25M106.88M268.31M335.80M
OtherCurrentAssets24.82M14.19M334.00K197.00K
RestrictedCash2.55M2.48M668.00K2.75M
PrepaidAssets7.89M4.59M27.05M5.90M
Inventory0.001.41M
Receivables1.15M1.67M3.75M
TaxesReceivable1.15M1.67M1.58M
AccountsReceivable0.002.17M
CashCashEquivalentsAndShortTermInvestments564.99M85.62M238.59M321.79M
CashAndCashEquivalents564.99M85.62M238.59M321.79M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-300.27M-267.75M-213.75M-134.89M
RepaymentOfDebt-48.75M-242.00K0.000.00
IssuanceOfDebt145.00M63.50M230.00K49.00K
IssuanceOfCapitalStock551.95M64.64M104.77M0.00
CapitalExpenditure-174.13M-118.81M-57.28M-54.79M
InterestPaidSupplementalData11.99M3.24M224.00K13.00K
IncomeTaxPaidSupplementalData1.67M492.00K684.00K186.00K
EndCashPosition567.53M88.10M239.26M324.54M
BeginningCashPosition88.10M239.26M324.54M42.78M
EffectOfExchangeRateChanges-260.00K-142.00K195.00K-294.00K
ChangesInCash479.70M-151.02M-85.48M282.05M
FinancingCashFlow779.97M116.73M102.34M416.94M
CashFlowFromContinuingFinancingActivities779.97M116.73M102.34M416.94M
NetOtherFinancingCharges-26.79M-11.39M-2.75M416.88M
ProceedsFromStockOptionExercised158.56M225.00K87.00K14.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance551.95M64.64M104.77M0.00
CommonStockIssuance551.95M64.64M104.77M0.00
NetIssuancePaymentsOfDebt96.25M63.26M230.00K49.00K
NetLongTermDebtIssuance96.25M63.26M230.00K49.00K
LongTermDebtPayments-48.75M-242.00K0.000.00
LongTermDebtIssuance145.00M63.50M230.00K49.00K
InvestingCashFlow-174.13M-118.81M-31.35M-54.79M
CashFlowFromContinuingInvestingActivities-174.13M-118.81M-31.35M-54.79M
NetBusinessPurchaseAndSale0.000.0025.93M0.00
SaleOfBusiness0.000.0025.93M0.00
NetIntangiblesPurchaseAndSale0.00
PurchaseOfIntangibles0.00
NetPPEPurchaseAndSale-174.13M-118.81M-57.28M-54.79M
PurchaseOfPPE-174.13M-118.81M-57.28M-54.79M
OperatingCashFlow-126.14M-148.94M-156.46M-80.09M
CashFlowFromContinuingOperatingActivities-126.14M-148.94M-156.46M-80.09M
ChangeInWorkingCapital21.78M13.70M-24.43M1.71M
ChangeInOtherWorkingCapital42.06M1.76M-13.83M3.41M
ChangeInOtherCurrentLiabilities-680.00K-398.00K
ChangeInPayablesAndAccruedExpense18.44M2.09M
ChangeInPrepaidAssets-14.02M12.08M-24.59M-4.22M
ChangeInInventory0.000.00-2.46M1.04M
ChangeInReceivables-6.26M-149.00K16.45M-220.00K
ChangesInAccountReceivables-6.26M-149.00K16.45M-220.00K
OtherNonCashItems12.18M1.16M332.00K574.00K
StockBasedCompensation32.04M13.29M9.39M3.74M
DepreciationAmortizationDepletion63.34M54.47M4.71M2.91M
DepreciationAndAmortization63.34M54.47M4.71M2.91M
AmortizationCashFlow224.00K
AmortizationOfIntangibles224.00K
Depreciation2.69M
OperatingGainsLosses270.85M-8.88M-43.35M-15.77M
GainLossOnInvestmentSecurities268.63M-8.99M-19.11M-15.77M
GainLossOnSaleOfPPE2.22M110.00K305.00K0.00
GainLossOnSaleOfBusiness0.000.00-24.54M0.00
NetIncomeFromContinuingOperations-526.33M-222.68M-103.11M-73.26M
SEC Filings

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

Public Trades for ASTS
Date User Asset Broker Type Position Size Entry Price Patterns