ASTS
AST SpaceMobile, Inc.
ASTS trails on the overall score without a compensating advantage in the available component scores.
GRAB
Grab Holdings Limited
GRAB has the edge over ASTS overall, supported by lower modeled downside and stronger valuation.
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.
GRAB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Healthy |
GRAB'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.
GRAB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 22x | $3.24 | — |
| Current | 23x | $3.24 | — |
| Cheap | 38x | $5.39 | +66% |
| Fair | 63x | $8.83 | +173% |
| Expensive | 251x | $35.19 | +986% |
Historical ranges are pointers, not guarantees.
GRAB's PE is in its cheap range at 23x, but its recent earnings include one-off gains. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
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.
GRAB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for GRAB, with profitability improving.
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.
GRAB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | +4.6% |
| Q2 2026 | $0.14 | +367% |
| Q1 2026 | $0.09 | +800% |
| Q4 2025 | $0.07 | +$0.10 |
| Q3 2025 | $0.03 | +$0.06 |
| Q2 2025 | $0.03 | +$0.08 |
| Q1 2025 | $0.01 | +$0.08 |
| Q4 2024 | -$0.03 | +$0.07 |
| Q3 2024 | -$0.03 | +$0.18 |
GRAB 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's revenue has grown year over year for 11 quarters in a row: $42M last quarter, up 187% from the same quarter a year ago.
| 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.
GRAB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $997M | +22% |
| Q1 2026 | $955M | +24% |
| Q4 2025 | $906M | +19% |
| Q3 2025 | $873M | +22% |
| Q2 2025 | $819M | +23% |
| Q1 2025 | $773M | +18% |
| Q4 2024 | $764M | +17% |
| Q3 2024 | $716M | +16% |
GRAB's revenue has grown year over year for 18 quarters in a row: $997M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 1.9% | -2.8 points |
| Q1 2026 | 7.8% | +5.9 points |
| Q4 2025 | 11% | +9.6 points |
| Q3 2025 | 7.7% | +13 points |
| Q2 2025 | 4.8% | +13 points |
| Q1 2025 | 1.8% | +13 points |
| Q4 2024 | 1.2% | +8.1 points |
| Q3 2024 | -5.3% | +9.8 points |
GRAB 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.
GRAB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $72M | +41% |
| Q1 2026 | -$29M | -151% |
| Q4 2025 | $49M | -78% |
| Q3 2025 | -$159M | -153% |
| Q2 2025 | $51M | -80% |
| Q1 2025 | $57M | +$79M |
| Q4 2024 | $223M | +$277M |
| Q3 2024 | $302M | +1% |
GRAB 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 | — |
GRAB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -6.1% | -273M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | +6.9% | +268M shares |
| 5 years | +5.5% | +219M shares |
GRAB has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $400M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $274M |
| Q1 2025 | — |
| Q4 2024 | $37M |
| Q3 2024 | $58M |
GRAB spent $400M buying back its own shares over the past year, up 8.4% 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.
GRAB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.5x | Net Cash |
| Q4 2025 | -2.7x | Net Cash |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -6.9x | Net Cash |
| Q1 2025 | -14.0x | Net Cash |
| Q4 2024 | -27.1x | Net Cash |
| Q3 2024 | -20.5x | Net Cash |
GRAB 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).
GRAB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.4 | Neutral |
| Stochastic | 36.2 | Neutral |
GRAB's weekly RSI is 47 (neutral) and its Stochastic is 36 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
GRAB PE vs Technology Sector
| Metric | GRAB | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 28x | 16% below |
| PE % | 4 | 39 | 35 pts below |
GRAB is trading at 23x earnings, a 16% discount to the Technology sector's median of 28x, though its recent earnings include one-off gains.
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.
GRAB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.06 | 5.9% above |
| 20 week MA | $3.32 | 2.4% below |
| 50 week MA | $3.78 | 14% below |
| 100 week MA | $4.40 | 26% below |
| 200 week MA | $3.92 | 17% below |
GRAB has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 17% 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.
GRAB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.4 | $13.3 | +7.4% |
| 2021 | $13.3 | $7.35 | -45% |
| 2022 | $7.35 | $3.27 | -56% |
| 2023 | $3.27 | $3.37 | +3.1% |
| 2024 | $3.37 | $4.81 | +43% |
| 2025 | $4.81 | $5.15 | +7.1% |
| 2026 YTD | $5.15 | $3.24 | -37% |
GRAB has the edge over ASTS on returns for 2026, with the stronger performance.