ASTS
AST SpaceMobile, Inc.
ASTS lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to grow, though they disagree widely on how much.
NEON
Neonode Inc.
There isn't enough reported data to score NEON yet.
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.
NEON Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Weak | |
| Strong |
NEON's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are weak.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
NEON PE Valuation
NEON 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.
NEON Forward outlook
There aren't enough analyst estimates for NEON 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.
NEON Earnings Per Share
NEON has the edge over ASTS in the latest year-over-year earnings comparison.
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 NEON 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.
NEON Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $535K | +24% |
| Q2 2026 | $477K | -20% |
| Q1 2026 | $614K | +20% |
| Q4 2025 | $520K | -21% |
| Q3 2025 | $430K | -49% |
| Q2 2025 | $599K | -58% |
| Q1 2025 | $513K | -49% |
| Q4 2024 | $655K | -34% |
NEON's revenue is recovering but still below its 2020 peak: $535,000 last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -245% | -3457 points |
| Q2 2026 | -487% | -134 points |
| Q1 2026 | -337% | +46 points |
| Q4 2025 | -455% | -195 points |
| Q3 2025 | 3212% | +3358 points |
| Q2 2025 | -352% | -225 points |
| Q1 2025 | -383% | -161 points |
| Q4 2024 | -260% | +353 points |
NEON 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.
NEON Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6M | -$30K |
| Q2 2026 | -$1.9M | -$172K |
| Q1 2026 | -$2.1M | -$719K |
| Q4 2025 | -$5.6M | -$4.5M |
| Q3 2025 | -$1.6M | -$308K |
| Q1 2025 | -$1.4M | +$515K |
| Q4 2024 | -$1.2M | +$1.1M |
| Q3 2024 | -$1.3M | +$513K |
NEON 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 | — |
NEON Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
NEON has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NEON Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -3.0x | Net Cash |
| Q1 2026 | -3.2x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
NEON 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).
NEON Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.4 | Oversold |
| Stochastic | 12.3 | Oversold |
NEON's weekly RSI is 29 (oversold) and its Stochastic is 12 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
NEON PE vs Technology Sector
| Metric | NEON | Sector median | Relative |
|---|---|---|---|
| PE | 1.3x | 28x | 95% below |
| PE % | 0 | 35 | 35 pts below |
NEON 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 NEON on trend strength, trading above more of its moving averages.
NEON Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.76 | 17% below |
| 20 week MA | $0.83 | 24% below |
| 50 week MA | $1.34 | 53% below |
| 100 week MA | $6.23 | 90% below |
| 200 week MA | $5.36 | 88% below |
NEON is in a downtrend: it's below all five of its weekly moving averages, and 88% 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 NEON on returns for 2026, with the stronger performance.
NEON Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.90 | $7.11 | +274% |
| 2021 | $7.11 | $9.34 | +31% |
| 2022 | $9.34 | $5.60 | -40% |
| 2023 | $5.60 | $2.29 | -59% |
| 2024 | $2.29 | $8.26 | +261% |
| 2025 | $8.26 | $1.93 | -77% |
| 2026 YTD | $1.93 | $0.63 | -67% |
NEON's yearly returns have swung widely, from +274% in 2020 to −77% in 2025. It's down 67% so far in 2026.