ARW
Arrow Electronics, Inc.
ARW has the edge over ASTS overall, supported by lower modeled downside and stronger modeled upside.
ASTS
AST SpaceMobile, Inc.
ASTS trails on the overall score without a compensating advantage in the available component scores.
ARW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Healthy |
ARW's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ASTS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
ASTS's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
ARW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.4x | $126 | -37% |
| Current | 10x | $198 | — |
| Fair | 12x | $231 | +17% |
| Expensive | 15x | $296 | +49% |
Historical ranges are pointers, not guarantees.
ARW's PE is in its fair range at 10x.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
ARW Forward outlook
There aren't enough analyst estimates for ARW to show an outlook.
ASTS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect ASTS's losses to grow, with revenue growing. However, they disagree widely on these estimates.
ARW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $19.72 | +118% |
| Q2 2026 | $15.64 | +77% |
| Q1 2026 | $13.97 | +92% |
| Q4 2025 | $10.93 | +50% |
| Q3 2025 | $9.06 | +0.6% |
| Q2 2025 | $8.85 | -17% |
| Q1 2025 | $7.27 | -43% |
| Q4 2024 | $7.29 | -54% |
ARW has the edge over ASTS on earnings quality, reporting a profit while its opponent remains loss making.
ASTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.15 | -$0.91 |
| Q2 2026 | -$2.16 | -$0.27 |
| Q1 2026 | -$1.80 | +$0.19 |
| Q4 2025 | -$1.34 | +$0.61 |
| Q3 2025 | -$1.24 | +$0.88 |
| Q2 2025 | -$1.89 | -$0.64 |
| Q1 2025 | -$1.99 | -$1.01 |
| Q4 2022 | -$0.58 | -$0.21 |
ASTS is still losing money, but far less than before: $2.15 per share over the past year, against $5.76 at its worst in mid-2021.
ARW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.7B | +39% |
| Q2 2026 | $10B | +32% |
| Q1 2026 | $9.5B | +39% |
| Q4 2025 | $8.7B | +20% |
| Q3 2025 | $7.7B | +13% |
| Q2 2025 | $7.6B | +10% |
| Q1 2025 | $6.8B | -1.6% |
| Q4 2024 | $7.3B | -7.2% |
ARW's revenue has grown year over year for six quarters in a row: $10.7B last quarter, up 39% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4% | +1.7 points |
| Q2 2026 | 3.8% | +1.3 points |
| Q1 2026 | 3.8% | +1.5 points |
| Q4 2025 | 3.4% | +0.7 points |
| Q3 2025 | 2.3% | -0.3 points |
| Q2 2025 | 2.5% | -0.6 points |
| Q1 2025 | 2.3% | -0.4 points |
| Q4 2024 | 2.7% | -1.4 points |
ARW has the edge over ASTS on profitability, with a higher operating margin.
ASTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $42.3M | +187% |
| Q2 2026 | $31.5M | +2627% |
| Q1 2026 | $14.7M | +1952% |
| Q4 2025 | $54.3M | +2731% |
| Q3 2025 | $14.7M | +1240% |
| Q2 2025 | $1.2M | +28% |
| Q1 2025 | $718K | +44% |
| Q3 2022 | $4.2M | +70% |
ASTS has the edge over ARW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -415% | +694 points |
| Q2 2026 | -948% | +10744 points |
| Q1 2026 | -1686% | +7083 points |
| Q4 2025 | -175% | +2446 points |
| Q3 2025 | -1109% | +4850 points |
| Q2 2025 | -11692% | -4693 points |
| Q1 2025 | -8769% | +2331 points |
| Q4 2024 | -2621% | N/A |
ASTS's operating margin was −415% last quarter, up 694 points from the same quarter a year ago.
ARW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$468.3M | -$156.3M |
| Q2 2026 | $297.2M | +$521.7M |
| Q1 2026 | $667.6M | +104% |
| Q4 2025 | $172.6M | -43% |
| Q3 2025 | -$312M | -603% |
| Q2 2025 | -$224.5M | -175% |
| Q1 2025 | $326.7M | -13% |
| Q4 2024 | $303.9M | +16% |
ARW has the edge over ASTS on cash generation, producing positive trailing cash flow while its opponent burns cash.
ASTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$464.2M | -$161.4M |
| Q2 2026 | -$694.8M | -$341.1M |
| Q1 2026 | -$309.7M | -$160.7M |
| Q4 2025 | -$330.7M | -$220.3M |
| Q3 2025 | -$302.9M | -$239.1M |
| Q2 2025 | -$353.6M | -$315.3M |
| Q1 2025 | -$149M | -$61.3M |
| Q4 2024 | -$110.5M | -$63.2M |
ASTS has burned cash in almost every quarter: −$1.8B over the past year, against −$916M the year before.
ARW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -252K shares |
| 1 year | -1% | -526K shares |
| 3 years | -8.3% | -4.7M shares |
| 5 years | -29% | -21M shares |
| Available history | -38% | -32M shares |
ARW has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $99.3M |
| Q2 2026 | $41.9M |
| Q1 2026 | $33.3M |
| Q4 2025 | $50.9M |
| Q3 2025 | $630,000 |
| Q2 2025 | $50.7M |
| Q1 2025 | $59.4M |
| Q4 2024 | $50.8M |
ARW spent $225M buying back its own shares over the past year, up 39% from the year before.
ASTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +1.1M shares |
| 1 year | +10% | +27.3M shares |
| 3 years | +235% | +211M shares |
| 5 years | +480% | +248M shares |
| Available history | +944% | +271M shares |
ASTS has 300M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
ARW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.9x | Healthy |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 3.4x | Elevated |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | 3.2x | Elevated |
ARW's net debt is about 1.6 years of its operating earnings (EBITDA), down from 3.4 years a year ago.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ARW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 20.5 | Neutral |
ARW's weekly RSI is 48 (neutral) and its Stochastic is 21 (neutral).
ASTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.1 | Neutral |
| Stochastic | 11.9 | Oversold |
ASTS's weekly RSI is 34 (neutral) and its Stochastic is 12 (oversold).
ARW PE vs Technology Sector
| Metric | ARW | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 28x | 64% below |
| PE % | 42 | 35 | 7 pts above |
ARW is trading at 10x earnings, a 64% discount to the Technology sector's median of 28x.
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
ARW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $214.3 | 7.5% below |
| 20 week MA | $212.5 | 6.7% below |
| 50 week MA | $181.1 | 9.4% above |
| 100 week MA | $148.7 | 33% above |
| 200 week MA | $136.5 | 45% above |
ARW has the edge over ASTS on trend strength, trading above more of its moving averages.
ASTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.9 | 23% below |
| 20 week MA | $57.1 | 40% below |
| 50 week MA | $75.5 | 54% below |
| 100 week MA | $57.8 | 40% below |
| 200 week MA | $33.6 | 2.8% above |
ASTS has fallen below most of its moving averages, though it's still 2.8% above its 200-week average.
ARW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $84.5 | $97.1 | +15% |
| 2021 | $97.1 | $130.9 | +35% |
| 2022 | $130.9 | $103.9 | -21% |
| 2023 | $103.9 | $122.3 | +18% |
| 2024 | $122.3 | $114.0 | -6.8% |
| 2025 | $114.0 | $113.4 | -0.5% |
| 2026 YTD | $113.4 | $198.2 | +75% |
ARW has the edge over ASTS on returns for 2026, with the stronger performance.
ASTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.87 | $13.4 | +36% |
| 2021 | $13.4 | $8.71 | -35% |
| 2022 | $8.71 | $3.97 | -54% |
| 2023 | $3.97 | $6.03 | +52% |
| 2024 | $6.03 | $22.9 | +280% |
| 2025 | $22.9 | $72.0 | +214% |
| 2026 YTD | $72.0 | $34.5 | -52% |
ASTS's yearly returns have swung widely, from +280% in 2024 to −54% in 2022. It's down 52% so far in 2026.