ASTS
AST SpaceMobile, Inc.
ASTS has a slight edge over LYTS overall, supported by stronger modeled upside and stronger valuation.
LYTS
LSI Industries Inc.
LYTS has lower modeled downside risk, despite its lower overall score.
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.
LYTS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Under pressure |
LYTS's revenue and cash flow are currently healthy, and its profitability 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.
LYTS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $10.33 | -32% |
| Fair | 23x | $14.21 | -6.7% |
| Current | 24x | $15.22 | — |
| Expensive | 31x | $19.44 | +28% |
Historical ranges are pointers, not guarantees.
LYTS's PE is in its fair range at 24x.
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.
LYTS Forward outlook
There aren't enough analyst estimates for LYTS 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.
LYTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.63 | -21% |
| Q2 2026 | $0.67 | -15% |
| Q1 2026 | $0.75 | +4.2% |
| Q4 2025 | $0.82 | +6.5% |
| Q3 2025 | $0.80 | +1.3% |
| Q2 2025 | $0.79 | -6% |
| Q1 2025 | $0.72 | -23% |
| Q4 2024 | $0.77 | -15% |
LYTS 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 LYTS 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.
LYTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $225.9M | +44% |
| Q2 2026 | $234.6M | +51% |
| Q1 2026 | $150.5M | +14% |
| Q4 2025 | $147M | -0.5% |
| Q3 2025 | $157.2M | +14% |
| Q2 2025 | $155.1M | +20% |
| Q1 2025 | $132.5M | +22% |
| Q4 2024 | $147.7M | +36% |
LYTS's revenue is growing: $226M last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.3% | -0.7 points |
| Q2 2026 | 6.2% | -1.5 points |
| Q1 2026 | 2.7% | -2 points |
| Q4 2025 | 6% | +0.3 points |
| Q3 2025 | 7% | +0.4 points |
| Q2 2025 | 7.7% | +0.7 points |
| Q1 2025 | 4.7% | -2.4 points |
| Q4 2024 | 5.7% | -1.4 points |
LYTS 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.
LYTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.8M | +$14.1M |
| Q2 2026 | $9.8M | +14% |
| Q1 2026 | $6.2M | +0.5% |
| Q4 2025 | $23.3M | +164% |
| Q3 2025 | -$291K | -103% |
| Q2 2025 | $8.5M | -17% |
| Q1 2025 | $6.2M | -44% |
| Q4 2024 | $8.8M | +21% |
LYTS 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 the edge over LYTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
LYTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +12% | +4.2M shares |
| 1 year | +21% | +6.5M shares |
| 3 years | +26% | +7.9M shares |
| 5 years | +37% | +10.1M shares |
| Available history | +43% | +11.4M shares |
LYTS has 38M diluted shares, up 21% from 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.
LYTS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.7x | Elevated |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 5.1x | High |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 1.1x | Healthy |
| Q4 2024 | 0.7x | Very low |
LYTS's net debt is about 3.7 years of its operating earnings (EBITDA), up from less than a year 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).
LYTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.9 | Oversold |
| Stochastic | 6.2 | Oversold |
LYTS's weekly RSI is 29 (oversold) and its Stochastic is 6 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
LYTS PE vs Technology Sector
| Metric | LYTS | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 28x | 13% below |
| PE % | 57 | 35 | 22 pts above |
LYTS is trading at 24x earnings, a 13% 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 |
ASTS has the edge over LYTS on trend strength, trading above more of its moving averages.
LYTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.4 | 22% below |
| 20 week MA | $21.3 | 29% below |
| 50 week MA | $21.4 | 29% below |
| 100 week MA | $20.2 | 25% below |
| 200 week MA | $17.4 | 13% below |
LYTS is in a downtrend: it's below all five of its weekly moving averages, and 13% 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.
LYTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.08 | $8.52 | +40% |
| 2021 | $8.52 | $6.67 | -22% |
| 2022 | $6.67 | $12.1 | +81% |
| 2023 | $12.1 | $14.1 | +17% |
| 2024 | $14.1 | $19.4 | +38% |
| 2025 | $19.4 | $18.8 | -3.3% |
| 2026 YTD | $18.8 | $15.2 | -19% |
LYTS has the edge over ASTS on returns for 2026, with the stronger performance.