ASTS

AST SpaceMobile, Inc.

49
Fundamentals66/ 100
Valuation50/ 100
Upside potential65/ 100
Risk potential46/ 100

ASTS trails on the overall score without a compensating advantage in the available component scores.

NVMI

Nova Ltd.

64
Fundamentals70/ 100
Valuation54/ 100
Upside potential76/ 100
Risk potential20/ 100

NVMI has the edge over ASTS overall, supported by lower modeled downside and stronger modeled upside.

ASTS Fundamentals

MetricStatus
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.

NVMI Fundamentals

MetricStatus
Healthy
Strong
Healthy
Stable

NVMI's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.

ASTS PE Valuation

ASTS has no meaningful PE right now: it lost money over the past year.

NVMI PE Valuation

CHEAPFAIREXPENSIVE19x38x57x76x
CHEAPFAIREXPENSIVE19x38x57x76x
LevelPEPriceVs current
Forward25x$328—
Cheap26x$211-36%
Fair39x$313-4.5%
Current41x$328—
Expensive54x$433+32%

Historical ranges are pointers, not guarantees.

NVMI's PE is in its fair range at 41x. If earnings grow as analysts expect, today's price would be 25x next year's earnings, in its cheap range.

ASTS Forward outlook

MetricOutlook
--
Losses growing
Strong growth
--
Limited
Low

Analysts expect ASTS's losses to grow, with revenue growing. However, they disagree widely on these estimates.

NVMI Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Improving
Limited
High

Analysts expect strong earnings and revenue growth for NVMI, with profitability improving.

ASTS Risk to reward

ScenarioChangePrice
Upside+86%$64.16
Downside-46%$18.77

Calculated from the latest close: $34.50 on Nov 12.

ASTS trails NVMI on modeled risk to reward, with less potential upside relative to its potential downside.

NVMI Risk to reward

ScenarioChangePrice
Upside+61%$528.27
Downside-20%$262.63

Calculated from the latest close: $327.64 on Nov 12.

NVMI has a better modeled risk to reward balance than ASTS, with more potential upside relative to its potential downside.

ASTS Earnings Per Share

Q1 2024: $-0.98Q2 2024: $-1.25Q3 2024: $-2.12Q4 2024: $-1.95Q1 2025: $-1.99Q2 2025: $-1.89Q3 2025: $-1.24Q4 2025: $-1.34Q1 2026: $-1.80Q2 2026: $-2.16Q3 2026: $-2.15
Q1 2024: $-0.98Q2 2024: $-1.25Q3 2024: $-2.12Q4 2024: $-1.95Q1 2025: $-1.99Q2 2025: $-1.89Q3 2025: $-1.24Q4 2025: $-1.34Q1 2026: $-1.80Q2 2026: $-2.16Q3 2026: $-2.15
QuarterTTM EPSYoY
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.

NVMI Earnings Per Share

Q3 2023: $4.22Q4 2023: $4.27Q1 2024: $4.33Q2 2024: $4.79Q3 2024: $5.34Q4 2024: $5.73Q1 2025: $6.61Q2 2025: $7.35Q3 2025: $7.65Q4 2025: $8.01Q1 2026: $7.99Q2 2026: $8.05Forward: $13.34
Q3 2023: $4.22Q4 2023: $4.27Q1 2024: $4.33Q2 2024: $4.79Q3 2024: $5.34Q4 2024: $5.73Q1 2025: $6.61Q2 2025: $7.35Q3 2025: $7.65Q4 2025: $8.01Q1 2026: $7.99Q2 2026: $8.05Forward: $13.34
QuarterTTM EPSYoY
Forward$13.34+66%
Q2 2026$8.05+9.5%
Q1 2026$7.99+21%
Q4 2025$8.01+40%
Q3 2025$7.65+43%
Q2 2025$7.35+53%
Q1 2025$6.61+53%
Q4 2024$5.73+34%
Q3 2024$5.34+27%

NVMI has the edge over ASTS on earnings quality, reporting a profit while its opponent remains loss making.

ASTS Quarterly Revenue

Q4 2023: $0Q1 2024: $500,000Q2 2024: $900,000Q3 2024: $1MQ4 2024: $2MQ1 2025: $718,000Q2 2025: $1MQ3 2025: $15MQ4 2025: $54MQ1 2026: $15MQ2 2026: $32MQ3 2026: $42M
Q4 2023: $0Q1 2024: $500,000Q2 2024: $900,000Q3 2024: $1MQ4 2024: $2MQ1 2025: $718,000Q2 2025: $1MQ3 2025: $15MQ4 2025: $54MQ1 2026: $15MQ2 2026: $32MQ3 2026: $42M
QuarterRevenueYoY
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.

NVMI Quarterly Revenue

Q3 2023: $129MQ4 2023: $134MQ1 2024: $142MQ2 2024: $157MQ3 2024: $179MQ4 2024: $195MQ1 2025: $213MQ2 2025: $220MQ3 2025: $225MQ4 2025: $223MQ1 2026: $235MQ2 2026: $255M
Q3 2023: $129MQ4 2023: $134MQ1 2024: $142MQ2 2024: $157MQ3 2024: $179MQ4 2024: $195MQ1 2025: $213MQ2 2025: $220MQ3 2025: $225MQ4 2025: $223MQ1 2026: $235MQ2 2026: $255M
QuarterRevenueYoY
Q2 2026$255M+16%
Q1 2026$235.3M+10%
Q4 2025$222.6M+14%
Q3 2025$224.6M+25%
Q2 2025$220M+40%
Q1 2025$213.4M+50%
Q4 2024$194.8M+45%
Q3 2024$179M+39%

NVMI's revenue has grown year over year for 10 quarters in a row: $255M last quarter, up 16% from the same quarter a year ago.

ASTS Free Cash Flow

Q4 2023: −$47MQ1 2024: −$88MQ2 2024: −$38MQ3 2024: −$64MQ4 2024: −$110MQ1 2025: −$149MQ2 2025: −$354MQ3 2025: −$303MQ4 2025: −$331MQ1 2026: −$310MQ2 2026: −$695MQ3 2026: −$464M
Q4 2023: −$47MQ1 2024: −$88MQ2 2024: −$38MQ3 2024: −$64MQ4 2024: −$110MQ1 2025: −$149MQ2 2025: −$354MQ3 2025: −$303MQ4 2025: −$331MQ1 2026: −$310MQ2 2026: −$695MQ3 2026: −$464M
QuarterFree cash flowYoY
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.

NVMI Free Cash Flow

Q3 2023: $43MQ4 2023: $21MQ1 2024: $57MQ2 2024: $58MQ3 2024: $43MQ4 2024: $61MQ1 2025: $60MQ2 2025: $43MQ3 2025: $67MQ4 2025: $48MQ1 2026: $36MQ2 2026: $38M
Q3 2023: $43MQ4 2023: $21MQ1 2024: $57MQ2 2024: $58MQ3 2024: $43MQ4 2024: $61MQ1 2025: $60MQ2 2025: $43MQ3 2025: $67MQ4 2025: $48MQ1 2026: $36MQ2 2026: $38M
QuarterFree cash flowYoY
Q2 2026$38.4M-10%
Q1 2026$36M-40%
Q4 2025$48.4M-21%
Q3 2025$66.9M+55%
Q2 2025$42.9M-26%
Q1 2025$59.7M+5.3%
Q4 2024$61M+191%
Q3 2024$43.1M-0.2%

NVMI has the edge over ASTS on cash generation, producing positive trailing cash flow while its opponent burns cash.

ASTS Total Shares

Q4 2023: 90MQ1 2024: 121MQ2 2024: 141MQ3 2024: 156MQ4 2024: 199MQ1 2025: 224MQ2 2025: 242MQ3 2025: 273MQ4 2025: 256MQ1 2026: 291MQ2 2026: 299MQ3 2026: 300M
Q4 2023: 90MQ1 2024: 121MQ2 2024: 141MQ3 2024: 156MQ4 2024: 199MQ1 2025: 224MQ2 2025: 242MQ3 2025: 273MQ4 2025: 256MQ1 2026: 291MQ2 2026: 299MQ3 2026: 300M
PeriodChange %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.

NVMI Total Shares

Q3 2023: 32MQ4 2023: 32MQ1 2024: 32MQ2 2024: 32MQ3 2024: 32MQ4 2024: 32MQ1 2025: 32MQ2 2025: 32MQ3 2025: 32MQ4 2025: 34MQ1 2026: 34MQ2 2026: 34M
Q3 2023: 32MQ4 2023: 32MQ1 2024: 32MQ2 2024: 32MQ3 2024: 32MQ4 2024: 32MQ1 2025: 32MQ2 2025: 32MQ3 2025: 32MQ4 2025: 34MQ1 2026: 34MQ2 2026: 34M
PeriodChange %Net change
Quarterly0%+11K shares
1 year+7.5%+2.4M shares
3 years+7.9%+2.5M shares
5 years+16%+4.6M shares
Available history+21%+6M shares

NVMI has the edge over ASTS on shareholder dilution, with a more favorable share count trend.

ASTS Net Leverage

ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

NVMI Net Leverage

Q3 2023: 0.7xQ4 2023: 0.8xQ1 2024: 0.7xQ2 2024: 0.6xQ3 2024: 0.4xQ4 2024: 0.3xQ1 2025: 0.4xQ2 2025: 0.2xQ3 2025: 1.2xQ4 2025: 2.0xQ1 2026: 1.1xQ2 2026: 2.1x
Q3 2023: 0.7xQ4 2023: 0.8xQ1 2024: 0.7xQ2 2024: 0.6xQ3 2024: 0.4xQ4 2024: 0.3xQ1 2025: 0.4xQ2 2025: 0.2xQ3 2025: 1.2xQ4 2025: 2.0xQ1 2026: 1.1xQ2 2026: 2.1x
QuarterNet LeverageStatus
Q2 20262.1xModerate
Q1 20261.1xHealthy
Q4 20252.0xHealthy
Q3 20251.2xHealthy
Q2 20250.2xVery low
Q1 20250.4xVery low
Q4 20240.3xVery low
Q3 20240.4xVery low

NVMI's net debt is about 2.1 years of its operating earnings (EBITDA), up from less than a year a year ago.

ASTS Weekly Momentum

MetricValueStatus
RSI34.1Neutral
Stochastic11.9Oversold

ASTS's weekly RSI is 34 (neutral) and its Stochastic is 12 (oversold).

NVMI Weekly Momentum

MetricValueStatus
RSI39.5Neutral
Stochastic21.0Neutral

NVMI's weekly RSI is 39 (neutral) and its Stochastic is 21 (neutral).

ASTS PE vs Technology Sector

ASTS has no meaningful PE right now: it lost money over the past year.

NVMI PE vs Technology Sector

MetricNVMISector medianRelative
PE41x28x46% above
PE %563521 pts above

NVMI is trading at 41x earnings, a 46% premium to the Technology sector's median of 28x.

ASTS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$44.923% below
20 week MA$57.140% below
50 week MA$75.554% below
100 week MA$57.840% below
200 week MA$33.62.8% above

ASTS has fallen below most of its moving averages, though it's still 2.8% above its 200-week average.

NVMI Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$337.93% below
20 week MA$377.613% below
50 week MA$422.923% below
100 week MA$336.02.5% below
200 week MA$242.935% above

NVMI has fallen below most of its moving averages, though it's still 35% above its 200-week average.

ASTS Yearly ROI

YearStart priceEnd priceROI
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.

NVMI Yearly ROI

YearStart priceEnd priceROI
2020$38.1$70.3+85%
2021$70.3$137.0+95%
2022$137.0$81.7-40%
2023$81.7$137.4+68%
2024$137.4$200.1+46%
2025$200.1$330.9+65%
2026 YTD$330.9$327.6-1%

NVMI has the edge over ASTS on returns for 2026, with the stronger performance.

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