ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NABL
N-able, Inc.
NABL has the edge over ASTS overall, supported by lower modeled downside and stronger fundamentals.
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.
NABL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Stable |
NABL's cash flow is currently healthy, and its revenue and balance sheet are stable, but its profitability is under pressure.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
NABL PE Valuation
NABL 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.
NABL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for NABL, but weaker profitability.
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 has the edge over NABL on earnings, with more consistent year-over-year improvement.
NABL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.43 | — |
| Q3 2026 | -$0.05 | -$0.01 |
| Q2 2026 | -$0.02 | -300% |
| Q1 2026 | -$0.05 | -163% |
| Q4 2025 | -$0.09 | -156% |
| Q3 2025 | -$0.04 | -119% |
| Q2 2025 | $0.01 | -94% |
| Q1 2025 | $0.08 | -47% |
| Q4 2024 | $0.16 | +23% |
NABL lost $0.05 per share over the past year, a bigger loss than the year before.
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.
NABL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $137.5M | +4.4% |
| Q2 2026 | $138.2M | +5.3% |
| Q1 2026 | $133.7M | +13% |
| Q4 2025 | $129.2M | +11% |
| Q3 2025 | $131.7M | +13% |
| Q2 2025 | $131.2M | +9.9% |
| Q1 2025 | $118.2M | +3.9% |
| Q4 2024 | $116.5M | +7.5% |
NABL's revenue has grown year over year every quarter since early 2021: $137M last quarter, up 4.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +2.4 points |
| Q2 2026 | 12% | +4.2 points |
| Q1 2026 | 9.3% | +7.8 points |
| Q4 2025 | 9.3% | -4.4 points |
| Q3 2025 | 8.8% | -12 points |
| Q2 2025 | 7.7% | -11 points |
| Q1 2025 | 1.5% | -17 points |
| Q4 2024 | 14% | -6.4 points |
NABL 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.
NABL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $22.2M | +28% |
| Q2 2026 | $16.7M | -18% |
| Q1 2026 | $15.8M | -3.7% |
| Q4 2025 | $20.9M | +11% |
| Q3 2025 | $17.4M | -4.5% |
| Q2 2025 | $20.4M | -15% |
| Q1 2025 | $16.4M | +2097% |
| Q4 2024 | $18.8M | -33% |
NABL 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 | — |
NABL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -3M shares |
| 1 year | -1.2% | -2.3M shares |
| 3 years | -0.1% | -134K shares |
| 5 years | +5.9% | +10.3M shares |
| Available history | -41% | -129M shares |
NABL has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37.8M |
| Q4 2025 | $10M |
| Q3 2025 | $10M |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NABL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.0x | Elevated |
| Q4 2025 | 3.5x | Elevated |
| Q3 2025 | 2.9x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.3x | Moderate |
NABL's net debt is about 3.0 years of its operating earnings (EBITDA), about the same as 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).
NABL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.9 | Neutral |
| Stochastic | 84.1 | Overbought |
NABL's weekly RSI is 53 (neutral) and its Stochastic is 84 (overbought).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
NABL PE vs Technology Sector
| Metric | NABL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
NABL 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 fallen below most of its moving averages, though it's still 2.8% above its 200-week average.
NABL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.66 | 3% above |
| 20 week MA | $4.36 | 10% above |
| 50 week MA | $4.89 | 1.8% below |
| 100 week MA | $6.50 | 26% below |
| 200 week MA | $9.70 | 51% below |
NABL 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.
NABL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $12.7 | $11.7 | -7.7% |
| 2022 | $11.7 | $10.1 | -14% |
| 2023 | $10.1 | $13.3 | +31% |
| 2024 | $13.3 | $9.39 | -29% |
| 2025 | $9.39 | $7.40 | -21% |
| 2026 YTD | $7.40 | $4.80 | -35% |
NABL has the edge over ASTS on returns for 2026, with the stronger performance.