ASTS
AST SpaceMobile, Inc.
ASTS trails on the overall score without a compensating advantage in the available component scores.
INGM
Ingram Micro Holding Corporation
INGM 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.
INGM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
INGM's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
INGM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7.7x | $28.77 | — |
| Current | 14x | $28.77 | — |
| Cheap | 15x | $30.53 | +6.1% |
| Fair | 17x | $33.53 | +17% |
| Expensive | 18x | $36.54 | +27% |
Historical ranges are pointers, not guarantees.
INGM's PE is in its cheap range at 14x. If earnings grow as analysts expect, today's price would be 7.7x 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.
INGM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for INGM, with profitability holding steady.
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.
INGM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.75 | +88% |
| Q3 2026 | $1.99 | +62% |
| Q2 2026 | $1.84 | +59% |
| Q1 2026 | $1.52 | +24% |
| Q4 2025 | $1.39 | +21% |
| Q3 2025 | $1.23 | -10% |
| Q2 2025 | $1.16 | -17% |
| Q1 2025 | $1.23 | -15% |
| Q4 2024 | $1.15 | -23% |
INGM 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.
INGM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $15.2B | +21% |
| Q2 2026 | $14.5B | +14% |
| Q1 2026 | $14B | +14% |
| Q4 2025 | $14.9B | +11% |
| Q3 2025 | $12.6B | +7.2% |
| Q2 2025 | $12.8B | +11% |
| Q1 2025 | $12.3B | +8.3% |
| Q4 2024 | $13.3B | +2.5% |
INGM's revenue has grown year over year for eight quarters in a row: $15.2B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.9% | +0.2 points |
| Q2 2026 | 1.6% | +0.5 points |
| Q1 2026 | 1.6% | 0 points |
| Q4 2025 | 2.1% | +0.2 points |
| Q3 2025 | 1.8% | -0.1 points |
| Q2 2025 | 1.1% | -0.4 points |
| Q1 2025 | 1.6% | +0.1 points |
| Q4 2024 | 1.9% | -0.7 points |
INGM 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.
INGM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $211.2M | +$386.2M |
| Q2 2026 | -$566.1M | -$233M |
| Q1 2026 | -$1B | -$784M |
| Q4 2025 | $1.5B | +456% |
| Q2 2025 | -$333.2M | -191% |
| Q1 2025 | -$230.2M | -$94.3M |
| Q4 2024 | $273.9M | +$311.4M |
| Q2 2024 | $368.1M | +363% |
INGM 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 | — |
INGM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -459K shares |
| 1 year | -1.6% | -3.8M shares |
| 3 years | -1.3% | -3.1M shares |
| 5 years | -1.3% | -3.1M shares |
| Available history | -1.3% | -3.1M shares |
INGM has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $17M |
| Q2 2026 | $30M |
| Q1 2026 | $75M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
INGM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.3x | Moderate |
INGM's net debt is about 2.3 years of its operating earnings (EBITDA), down from 3.0 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).
INGM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.7 | Neutral |
| Stochastic | 50.3 | Neutral |
INGM's weekly RSI is 55 (neutral) and its Stochastic is 50 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
INGM PE vs Technology Sector
| Metric | INGM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 28x | 48% below |
| PE % | 6 | 22 | 16 pts below |
INGM is trading at 14x earnings, a 48% discount 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 |
INGM has stronger trend alignment. ASTS is above 1 of 5 weekly averages versus INGM above 4 of 4.
INGM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.5 | 4.5% above |
| 20 week MA | $27.9 | 3.1% above |
| 50 week MA | $25.8 | 12% above |
| 100 week MA | $23.0 | 25% above |
INGM is in an uptrend: it's above all four of its weekly moving averages, and 25% above its 100-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.
INGM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $24.3 | $19.6 | -19% |
| 2025 | $19.6 | $22.1 | +13% |
| 2026 YTD | $22.1 | $28.8 | +30% |
INGM has the edge over ASTS on returns for 2026, with the stronger performance.