ASTS - AST SpaceMobile, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$96.25
DETAILS
HIGH:
$117.00
LOW:
$80.00
MEDIAN:
$94.00
CONSENSUS:
$96.25
DOWNSIDE:
9.08%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 70.9 | 4.4 | 0 | 13.8 | 12.4 | 6.0 | 1.4 | 0.4 |
| Cost of Revenue | 33.0 | 0 | 0 | 6.7 | 7.6 | 3.0 | 1.0 | 0.2 |
| Gross Profit | 37.9 | 4.4 | 0 | 7.1 | 4.8 | 2.9 | 0.5 | 0.2 |
| Operating Expenses | ||||||||
| R&D Expenses | 28.1 | 122.3 | 126.3 | 99.8 | 53.0 | 14.1 | 5.9 | 2.3 |
| SG&A Expenses | 101.7 | 61.6 | 41.6 | 48.3 | 35.6 | 12.3 | 5.4 | 2.5 |
| Other Expenses | 195.8 | 63.3 | 54.5 | 4.7 | 0 | 0 | 0 | 0 |
| Operating Expenses | 325.6 | 247.2 | 222.4 | 152.9 | 88.7 | 26.4 | 11.3 | 4.8 |
| Operating Income | ||||||||
| Operating Income | (287.7) | (242.8) | (222.4) | (145.8) | (83.8) | (23.5) | (10.9) | (4.6) |
| Interest Expense | 36.1 | 18.7 | 4.5 | 0.2 | 0 | 0.0 | 0.5 | 0 |
| Interest Income | 0 | 14.2 | 7.2 | 2.8 | 0 | 0.1 | 1.2 | 0.0 |
| Profitability | ||||||||
| EBITDA | (369.9) | (443.0) | (162.0) | (97.6) | (83.8) | (23.5) | (10.9) | (4.5) |
| EBIT | (421.0) | (506.3) | (216.5) | (102.3) | (86.7) | (24.4) | (11.1) | (4.6) |
| Income Before Tax | (457.1) | (525.0) | (221.0) | (102.5) | (72.9) | (24.3) | (11.1) | (4.6) |
| Income Tax Expense | 3.9 | 1.3 | 1.7 | 0.6 | 0.3 | 0.1 | 0.0 | 0.0 |
| Net Income | (341.9) | (300.1) | (87.6) | (31.6) | (30.6) | (24.1) | (10.9) | (4.4) |
| Per Share Data | ||||||||
| EPS (Basic) | -1.34 | -1.94 | -1.07 | -0.58 | -0.37 | -0.47 | -0.10 | -0.00 |
| EPS (Diluted) | -1.34 | -1.94 | -1.07 | -0.58 | -0.37 | -0.47 | -0.10 | -0.00 |
| Shares Outstanding | 256.0 | 154.5 | 81.8 | 54.4 | 51.7 | 51.7 | 28.8 | 25,948.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 2,336.6 | 565.0 | 85.6 | 238.6 | 321.8 | 42.8 | 26.5 | 7.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 486.9 | 0 | 1.2 | 1.7 | 2.2 | 2.1 | 0.3 | 0.5 |
| Inventory | 12.0 | 0 | 0 | 0 | 1.4 | 2.6 | 0.2 | 0.0 |
| Other Current Assets | (376.1) | 27.4 | 15.5 | 1.0 | 7.6 | 2.2 | 0.3 | 0.1 |
| Total Current Assets | 2,458.5 | 600.2 | 106.9 | 268.3 | 335.8 | 50.9 | 27.7 | 8.2 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 1,418.2 | 351.7 | 251.7 | 153.7 | 103.9 | 44.1 | 3.8 | 0.3 |
| Goodwill | 0 | 0 | 0 | 0 | 3.6 | 3.9 | 3.6 | 3.7 |
| Intangible Assets | 245.1 | 0 | 0 | 0 | 0.2 | 0.5 | 0.7 | 0.9 |
| Long-Term Investments | 443.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 449.2 | 2.6 | 2.3 | 16.4 | 0.3 | 0.2 | 0.2 | 0.2 |
| Total Non-Current Assets | 2,555.9 | 354.3 | 254.0 | 170.1 | 108.1 | 48.7 | 8.2 | 5.0 |
| Total Assets | 5,014.4 | 954.6 | 360.9 | 438.4 | 443.9 | 99.6 | 35.9 | 13.2 |
| Current Liabilities | ||||||||
| Account Payables | 46.8 | 17.0 | 20.6 | 13.9 | 6.6 | 5.0 | 1.6 | 0.5 |
| Short-Term Debt | 14.4 | 2.9 | 0.3 | 0.2 | 0 | 0 | 1.8 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 6.6 | 3.4 | 0 | 0 |
| Other Current Liabilities | 89.1 | 54.2 | 4.7 | 4.9 | 1.7 | 0.5 | 2.7 | 0.4 |
| Total Current Liabilities | 150.3 | 75.9 | 46.2 | 27.8 | 21.4 | 13.1 | 6.2 | 1.2 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 2,207.6 | 155.6 | 59.3 | 4.8 | 5 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 39.6 | 41.2 | 30.0 | 38.9 | 58.1 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 2,471.7 | 209.5 | 101.1 | 50.8 | 70.6 | 6.5 | 0 | 0 |
| Total Liabilities | 2,622.1 | 285.4 | 147.3 | 78.5 | 92.0 | 19.7 | 6.2 | 1.2 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 5.2 | 5.0 |
| Retained Earnings | (831.7) | (489.7) | (189.7) | (102.1) | (70.5) | (39.9) | (15.8) | (5.0) |
| Accumulated Other Comprehensive Income | 1.4 | (0.2) | 0.2 | 0.2 | (0.4) | (0.2) | (0.4) | (0.3) |
| Total Stockholders' Equity | 1,841.5 | 479.1 | 99.0 | 133.5 | 100.3 | 77.5 | 27.1 | 9.1 |
| Total Liabilities & Equity | 5,014.4 | 954.6 | 360.9 | 438.4 | 443.9 | 99.6 | 35.9 | 13.2 |
| Debt Metrics | ||||||||
| Total Debt | 2,239.5 | 173 | 72.9 | 12.8 | 13.2 | 7.0 | 1.8 | 0 |
| Net Debt | (97.0) | (392.0) | (12.8) | (225.8) | (308.6) | (35.7) | (24.7) | (7.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (461.0) | (526.3) | (222.7) | (103.1) | (73.3) | (24.4) | (2.9) | (4.4) |
| Depreciation & Amortization | 51.1 | 63.3 | 54.5 | 4.7 | 2.9 | 0.9 | 0.2 | 0.0 |
| Stock-Based Compensation | 47.5 | 32.0 | 13.3 | 9.4 | 3.7 | 0.3 | 0.1 | 0 |
| Change in Working Capital | 109.7 | 21.8 | 13.7 | (24.4) | 1.7 | 0.2 | 0.1 | (1.3) |
| Other Non-Cash Items | 181.2 | 283.0 | (7.7) | (43.0) | (15.2) | 0.2 | 1.8 | 0.4 |
| Operating Cash Flow | (71.5) | (126.1) | (148.9) | (156.5) | (80.1) | (22.8) | (0.9) | (5.3) |
| Investing Activities | ||||||||
| Capital Expenditure | (1,064.7) | (174.1) | (118.8) | (57.3) | (54.8) | (30.4) | (3.7) | (0.3) |
| Acquisitions | 0 | 0 | 0 | 25.9 | 0 | 0 | 0 | (1.2) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | (230) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (476.4) | 0 | 0 | 0 | 0 | (0.0) | 3.7 | 0 |
| Investing Cash Flow | (1,541.1) | (174.1) | (118.8) | (31.4) | (54.8) | (30.4) | (230) | (1.5) |
| Financing Activities | ||||||||
| Net Debt Issuance | 2,602.2 | 96.2 | 63.3 | 0.2 | 0.0 | (1.6) | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 6.1 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (34.0) | 131.8 | (11.2) | (2.7) | 416.9 | (8.5) | 231.4 | 13.8 |
| Financing Cash Flow | 3,827.5 | 780.0 | 116.7 | 102.3 | 416.9 | 69.7 | 231.4 | 13.8 |
| Cash Position | ||||||||
| Net Change in Cash | 2,212.4 | 479.4 | (151.2) | (85.3) | 281.8 | 16.3 | (6.6) | 7.0 |
| Cash at Beginning | 567.5 | 88.1 | 239.3 | 324.5 | 42.8 | 26.5 | 7.1 | 0.1 |
| Cash at End | 2,780.0 | 567.5 | 88.1 | 239.3 | 324.5 | 42.8 | 0.5 | 7.1 |
| Free Cash Flow | (1,136.3) | (300.3) | (267.7) | (213.7) | (134.9) | (53.2) | (4.6) | (5.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 70.9 | 4.4 | 0 | 13.8 | 12.4 | 6.0 | 1.4 | 0.4 |
| Gross Profit | 37.9 | 4.4 | 0 | 7.1 | 4.8 | 2.9 | 0.5 | 0.2 |
| Operating Income | (287.7) | (242.8) | (222.4) | (145.8) | (83.8) | (23.5) | (10.9) | (4.6) |
| Net Income | (341.9) | (300.1) | (87.6) | (31.6) | (30.6) | (24.1) | (10.9) | (4.4) |
| EPS (Diluted) | -1.34 | -1.94 | -1.07 | -0.58 | -0.37 | -0.47 | -0.10 | -0.00 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 2,336.6 | 565.0 | 85.6 | 238.6 | 321.8 | 42.8 | 26.5 | 7.1 |
| Total Assets | 5,014.4 | 954.6 | 360.9 | 438.4 | 443.9 | 99.6 | 35.9 | 13.2 |
| Total Debt | 2,239.5 | 173 | 72.9 | 12.8 | 13.2 | 7.0 | 1.8 | 0 |
| Stockholders' Equity | 1,841.5 | 479.1 | 99.0 | 133.5 | 100.3 | 77.5 | 27.1 | 9.1 |
| Cash Flow | ||||||||
| Operating Cash Flow | (71.5) | (126.1) | (148.9) | (156.5) | (80.1) | (22.8) | (0.9) | (5.3) |
| Capital Expenditure | (1,064.7) | (174.1) | (118.8) | (57.3) | (54.8) | (30.4) | (3.7) | (0.3) |
| Free Cash Flow | (1,136.3) | (300.3) | (267.7) | (213.7) | (134.9) | (53.2) | (4.6) | (5.6) |