ASTS
AST SpaceMobile, Inc.
ASTS has the edge over FEIM overall, supported by stronger valuation and stronger modeled upside.
FEIM
Frequency Electronics, Inc.
FEIM trails on the overall score without a compensating advantage in the available component scores.
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.
FEIM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
FEIM's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
FEIM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $3.11 | -95% |
| Fair | 24x | $5.93 | -91% |
| Expensive | 86x | $21.58 | -68% |
| Current | 269x | $67.25 | — |
Historical ranges are pointers, not guarantees.
FEIM's PE is in its expensive range at 269x.
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.
FEIM Forward outlook
There aren't enough analyst estimates for FEIM to show an outlook.
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.
FEIM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.25 | -89% |
| Q2 2026 | -$0.09 | -104% |
| Q1 2026 | $0.74 | -69% |
| Q4 2025 | $2.18 | +166% |
| Q3 2025 | $2.28 | +262% |
| Q2 2025 | $2.46 | +317% |
| Q1 2025 | $2.41 | +609% |
| Q4 2024 | $0.82 | +183% |
FEIM 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 FEIM 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.
FEIM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.5M | +70% |
| Q2 2026 | $15.4M | -23% |
| Q1 2026 | $16.9M | -11% |
| Q4 2025 | $17.1M | +8.3% |
| Q3 2025 | $13.8M | -8.4% |
| Q2 2025 | $20M | +28% |
| Q1 2025 | $18.9M | +38% |
| Q4 2024 | $15.8M | +17% |
FEIM's revenue is growing: $23M last quarter, up 70% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +20 points |
| Q2 2026 | -41% | -58 points |
| Q1 2026 | 7.5% | -11 points |
| Q4 2025 | 10% | -6.5 points |
| Q3 2025 | 2.6% | -13 points |
| Q2 2025 | 16% | +0.4 points |
| Q1 2025 | 18% | +22 points |
| Q4 2024 | 17% | +9.6 points |
FEIM 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.
FEIM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.8M | +362% |
| Q2 2026 | $1.5M | +$2.2M |
| Q1 2026 | -$2.3M | +$1.7M |
| Q4 2025 | -$1.1M | -134% |
| Q3 2025 | $385K | +$2.2M |
| Q2 2025 | -$786K | -112% |
| Q1 2025 | -$4M | -201% |
| Q4 2024 | $3.4M | +$3.7M |
FEIM has the edge over ASTS on cash flow, with more consistent year-over-year improvement.
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 | — |
FEIM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.6% | +449K shares |
| 1 year | +5.2% | +509K shares |
| 3 years | +9% | +848K shares |
| 5 years | +11% | +1M shares |
| Available history | +13% | +1.2M shares |
FEIM has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $616,000 |
| Q4 2025 | $375,000 |
| Q3 2025 | $583,000 |
| Q2 2025 | — |
| Q1 2025 | $215,000 |
FEIM spent $991,000 buying back its own shares over the past year.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FEIM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -17.3x | Net Cash |
FEIM has more cash than debt.
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).
FEIM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.0 | Neutral |
| Stochastic | 30.9 | Neutral |
FEIM's weekly RSI is 50 (neutral) and its Stochastic is 31 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
FEIM PE vs Technology Sector
| Metric | FEIM | Sector median | Relative |
|---|---|---|---|
| PE | 269x | 28x | 866% above |
| PE % | 96 | 35 | 61 pts above |
FEIM is trading at 269x earnings, a 866% premium to the Technology sector's median of 28x.
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.
FEIM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $71.8 | 6.3% below |
| 20 week MA | $70.1 | 4.1% below |
| 50 week MA | $61.0 | 10% above |
| 100 week MA | $42.0 | 60% above |
| 200 week MA | $25.6 | 162% above |
FEIM has the edge over ASTS on trend strength, trading above more of its moving averages.
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.
FEIM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.3 | $10.6 | +2.7% |
| 2021 | $10.6 | $9.33 | -12% |
| 2022 | $9.33 | $6.33 | -32% |
| 2023 | $6.33 | $11.0 | +73% |
| 2024 | $11.0 | $19.4 | +77% |
| 2025 | $19.4 | $56.3 | +190% |
| 2026 YTD | $56.3 | $67.3 | +19% |
FEIM has the edge over ASTS on returns for 2026, with the stronger performance.