ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
EVCM
EverCommerce Inc.
EVCM has the edge over ASTS overall, supported by lower modeled downside.
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.
EVCM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Under pressure |
EVCM's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
EVCM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $6.98 | — |
| Current | 44x | $6.98 | — |
| Cheap | 48x | $7.66 | +9.7% |
| Fair | 53x | $8.48 | +22% |
| Expensive | 104x | $16.61 | +138% |
Historical ranges are pointers, not guarantees.
EVCM's PE is 44x, but its earnings don't support one, so it isn't a reliable read right now.
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.
EVCM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect EVCM's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
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.
EVCM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.66 | +314% |
| Q3 2026 | $0.16 | +$0.16 |
| Q2 2026 | $0.19 | +$0.30 |
| Q1 2026 | $0.18 | +$0.35 |
| Q4 2025 | $0.10 | +$0.32 |
| Q3 2025 | $0.00 | +$0.29 |
| Q2 2025 | -$0.11 | +$0.13 |
| Q1 2025 | -$0.17 | +$0.05 |
| Q4 2024 | -$0.22 | +$0.02 |
EVCM has the edge over ASTS on earnings quality, reporting a profit while its opponent remains loss making.
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 EVCM 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.
EVCM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $151.4M | +2.7% |
| Q2 2026 | $152M | +2.7% |
| Q1 2026 | $147.5M | +3.6% |
| Q4 2025 | $151.2M | -14% |
| Q3 2025 | $147.5M | -16% |
| Q2 2025 | $148M | -17% |
| Q1 2025 | $142.3M | -16% |
| Q4 2024 | $175M | +3.3% |
EVCM's revenue has held roughly level: $151M last quarter, up 2.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.5% | -2.3 points |
| Q2 2026 | 11% | +0.8 points |
| Q1 2026 | 8.5% | -1.5 points |
| Q4 2025 | 8.8% | +16 points |
| Q3 2025 | 11% | +5.2 points |
| Q2 2025 | 11% | +6.8 points |
| Q1 2025 | 10% | +13 points |
| Q4 2024 | -6.8% | -6.6 points |
EVCM has the edge over ASTS on profitability, with a higher operating margin.
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.
EVCM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.7M | +3.7% |
| Q2 2026 | $27.9M | +5.4% |
| Q1 2026 | $23.7M | -21% |
| Q4 2025 | $21M | -56% |
| Q3 2025 | $31.6M | +15% |
| Q2 2025 | $26.5M | +14% |
| Q1 2025 | $30.2M | +134% |
| Q4 2024 | $48.2M | +37% |
EVCM has the edge over ASTS on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
EVCM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -1.7M shares |
| 1 year | -3.6% | -6.6M shares |
| 3 years | -6.2% | -11.7M shares |
| 5 years | +305% | +133M shares |
| Available history | -7.9% | -15.2M shares |
EVCM has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $15.7M |
| Q2 2026 | $14.7M |
| Q1 2026 | $13.8M |
| Q4 2025 | $24.6M |
| Q3 2025 | $28.9M |
| Q2 2025 | $20.5M |
| Q1 2025 | $11.1M |
| Q4 2024 | $7.1M |
EVCM spent $69M buying back its own shares over the past year, up 1.9% from the year before.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
EVCM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.2x | Elevated |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.1x | Elevated |
| Q3 2025 | 3.9x | Elevated |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.7x | Elevated |
| Q4 2024 | 4.4x | High |
EVCM's net debt is about 3.2 years of its operating earnings (EBITDA), down from 3.9 years a year ago.
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).
EVCM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.8 | Neutral |
| Stochastic | 32.6 | Neutral |
EVCM's weekly RSI is 38 (neutral) and its Stochastic is 33 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
EVCM PE vs Technology Sector
| Metric | EVCM | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 28x | 57% above |
| PE % | 11 | 43 | 32 pts below |
EVCM is trading at 44x earnings, a 57% premium to the Technology sector's median of 28x, though its earnings don't support one.
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 the edge over EVCM on trend strength, trading above more of its moving averages.
EVCM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.64 | 19% below |
| 20 week MA | $9.36 | 25% below |
| 50 week MA | $10.4 | 33% below |
| 100 week MA | $10.4 | 33% below |
| 200 week MA | $10.4 | 33% below |
EVCM is in a downtrend: it's below all five of its weekly moving averages, and 33% below its 200-week average.
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.
EVCM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $17.2 | $16.8 | -2.7% |
| 2022 | $16.8 | $6.68 | -60% |
| 2023 | $6.68 | $11.0 | +65% |
| 2024 | $11.0 | $11.2 | +1.1% |
| 2025 | $11.2 | $12.0 | +7.8% |
| 2026 YTD | $12.0 | $6.98 | -42% |
EVCM has the edge over ASTS on returns for 2026, with the stronger performance.