ASTS
AST SpaceMobile, Inc.
ASTS has lower modeled downside risk, despite its lower overall score.
MVIS
MicroVision, Inc.
MVIS has the edge over ASTS overall, supported by stronger modeled upside.
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.
MVIS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
MVIS's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
MVIS PE Valuation
MVIS has no meaningful PE right now: it lost money over the past year.
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.
MVIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect MVIS's losses to shrink, with revenue growing.
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.
MVIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$5.11 | +$0.59 |
| Q2 2026 | -$5.41 | +$0.59 |
| Q1 2026 | -$4.65 | +$2.10 |
| Q4 2025 | -$5.25 | +$1.65 |
| Q3 2025 | -$5.70 | +$0.45 |
| Q2 2025 | -$6.00 | +$0.90 |
| Q1 2025 | -$6.75 | +$0.30 |
| Q4 2024 | -$6.90 | -$0.15 |
MVIS has the edge over ASTS on earnings, with more consistent year-over-year improvement.
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 MVIS 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 has the edge over MVIS on profitability, with a higher operating margin.
MVIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.4M | +896% |
| Q2 2026 | $1.5M | +850% |
| Q1 2026 | $935K | +59% |
| Q4 2025 | $223K | -86% |
| Q3 2025 | $241K | +27% |
| Q2 2025 | $155K | -92% |
| Q1 2025 | $589K | -38% |
| Q4 2024 | $1.7M | -68% |
MVIS's revenue is recovering but still below its 2023 peak: $2M last quarter, up 896% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -889% | +4389 points |
| Q2 2026 | -1644% | +7812 points |
| Q1 2026 | -2513% | -129 points |
| Q4 2025 | -18570% | -17450 points |
| Q3 2025 | -5278% | +2988 points |
| Q2 2025 | -9455% | -8159 points |
| Q1 2025 | -2384% | +410 points |
| Q4 2024 | -1120% | -730 points |
MVIS's operating margin was −889% last quarter, up 4389 points from the same quarter a year ago.
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.
MVIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$15M | +$1.6M |
| Q2 2026 | -$19.5M | -$6.5M |
| Q1 2026 | -$16.6M | -$2.4M |
| Q4 2025 | -$15.6M | -$490K |
| Q3 2025 | -$16.6M | -$2.5M |
| Q2 2025 | -$12.9M | +$5.9M |
| Q1 2025 | -$14.2M | +$6.7M |
| Q4 2024 | -$15.2M | +$1.4M |
MVIS 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 the edge over MVIS 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 | — |
MVIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +23% | +5.1M shares |
| 1 year | +39% | +7.7M shares |
| 3 years | +118% | +14.8M shares |
| 5 years | +223% | +18.9M shares |
MVIS has 27M diluted shares, up 39% 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.
MVIS Net Leverage
MVIS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
MVIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 26.2 | Oversold |
| Stochastic | 3.2 | Oversold |
MVIS's weekly RSI is 26 (oversold) and its Stochastic is 3 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
MVIS PE vs Technology Sector
MVIS has no meaningful PE right now: it lost money over the past year.
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 MVIS on trend strength, trading above more of its moving averages.
MVIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.27 | 14% below |
| 20 week MA | $2.39 | 54% below |
| 50 week MA | $7.15 | 85% below |
| 100 week MA | $12.8 | 91% below |
| 200 week MA | $22.4 | 95% below |
MVIS is in a downtrend: it's below all five of its weekly moving averages, and 95% 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 has the edge over MVIS on returns for 2026, with the stronger performance.
MVIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.1 | $98.3 | +785% |
| 2021 | $98.3 | $88.7 | -9.8% |
| 2022 | $88.7 | $34.1 | -62% |
| 2023 | $34.1 | $39.9 | +17% |
| 2024 | $39.9 | $22.7 | -43% |
| 2025 | $22.7 | $13.7 | -40% |
| 2026 YTD | $13.7 | $1.09 | -92% |
MVIS's yearly returns have swung widely, from +785% in 2020 to −62% in 2022. It's down 92% so far in 2026.