AST SpaceMobile Inc - Ordinary Shares - Class A
ASTS - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$9.78B
Close$
Earnings Call Q2 2026
August 10, 2026 - AI Summary
Strong operational momentum + revenue ramp outlook (2026 guidance reiterated):
- Q2 2026 revenue was $31.5M, up sequentially and year-over-year, driven by commercial gateway deliveries and U.S. government milestone achievements.
- Company reiterated full-year 2026 revenue guidance of $150M–$200M and expects revenue to grow sequentially each quarter but be weighted toward Q4 (typical timing variability).
- Positive signal: revenue performance and gateway delivery pace are described as consistent with internal plans.
Commercial deployment building toward scale (gateways + MNO ecosystem):
- Platform scaling is progressing with beta-ready hardware and expanding ground infrastructure: in Q2 they delivered 13 gateways to 7 customers across 5 continents; they’re targeting deployment of roughly ~50 gateways across ~20 markets as satellites come online.
- Commercial ecosystem: 60+ MNO partners covering ~3B subscribers globally; integration/testing activity reported in Europe with Vodafone, Orange, Telefonica, Deutsche Telekom (and others referenced).
- Challenge/constraint: balancing launch/deployment beyond early markets (U.S., Canada, Europe, Japan, Saudi Arabia, U.S. government) by engaging 20+ MNOs across 50+ country markets.
Manufacturing & constellation cadence are central—CapEx-heavy reality:
- Manufacturing progress: BlueBird 14–16 ready to ship shortly; 17–46 in production/assembly.
- They aim for ~45 BlueBird satellites in orbit by early 2027 (supporting continuous service concepts across key regions).
- CapEx: Q2 2026 capital expenditures were ~$610M (vs ~$257M in Q1), near the guidance midpoint previously given ($575M–$650M).
- Updated forward-looking cost/capex expectations:
- Q3 adjusted OpEx (ex cost of revenue): ~$105M–$115M
- Full-year 2026 adjusted OpEx (ex cost of revenue): ~$400M total (~$100M/quarter)
- Q3 CapEx: ~$350M–$425M (launch-payment timing dependent).
Exclusive for Stockcircle Pro members
Sign up
$-2.84
108.7% downside
Current Fair Value
108.7% downsideOvervalued by 108.7% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $9.78 Billion |
|---|---|
| Enterprise Value | $11.12 Billion |
| Earnings per Share | $-1.34 |
| Beta | 2.85 |
| Outstanding Shares | 300,131,014 |
Return
| Return on Equity | -36.38% |
|---|---|
| Return on Assets | -9.28% |
| Return on Invested Capital | -10.08% |
Valuation & Multiples
| P/E Ratio | -15.16 |
|---|---|
| PEG | -195.99 |
| Price to Sales | - |
| Price to Book Ratio | 4.66 |
| Enterprise Value to Revenue | 77.79 |
| Enterprise Value to EBIT | -16.85 |
| Enterprise Value to Net Income | -18 |
| Total Debt to Enterprise | 0.37 |
| Debt to Equity | 2.39 |
Revenue Sources
No data
Last Earnings Call
Report Date
November 9, 2026
EPS
-$0.44
Est. -$0.40Revenue
$42.32 M
Est. $45.73 MNext Earnings Call
Expected Date
March 1, 2027
EPS Estimate
-$0.36
Consensus analyst estimateRevenue Estimate
$75.02 M
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 2.26, the ratio is above 1, so institutions hold more puts than calls. That is a more cautious stance.
| Put/Call Ratio | 2.2571▲ 158.27% |
|---|---|
| Total Calls | 1,959,800▼ 95.13% |
| Total Puts | 4,423,500▼ 83.72% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 11.38%▼ 48.48% |
|---|---|
| Total Invested | $2.00B▼ 87.07% |
| Investors Holding | 355▼ 505.00% |
About AST SpaceMobile Inc
210 employees
AST SpaceMobile is building the first, and only, space-based cellular broadband network to operate directly with standard, unmodified mobile devices based on its extensive IP and patent portfolio. AST SpaceMobile's team of engineers and ...