ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
OKTA
Okta, Inc.
OKTA has the edge over ASTS overall, supported by stronger fundamentals and lower modeled downside.
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.
OKTA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Unavailable |
OKTA's revenue, profitability and cash flow are currently healthy. 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.
OKTA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 43x | $183 | — |
| Cheap | 62x | $103 | -44% |
| Fair | 83x | $138 | -24% |
| Expensive | 108x | $179 | -1.8% |
| Current | 110x | $183 | — |
Historical ranges are pointers, not guarantees.
OKTA's PE is 110x, but its earnings don't support one, so it isn't a reliable read right now.
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.
OKTA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Broad | |
| High |
Analysts expect earnings and revenue growth for OKTA, with profitability improving.
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 |
OKTA has the stronger earnings trend. Trailing diluted EPS is down 273% for ASTS versus OKTA up 98%.
OKTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.22 | +154% |
| Q3 2024 | -$0.84 | +$2.84 |
| Q2 2024 | -$1.67 | +$2.67 |
| Q1 2024 | -$2.17 | +$2.99 |
| Q4 2023 | -$2.85 | +$3.00 |
| Q3 2023 | -$3.68 | +$2.29 |
| Q2 2023 | -$4.34 | +$2.12 |
| Q1 2023 | -$5.16 | +$0.57 |
| Q4 2022 | -$5.85 | -$1.17 |
OKTA has returned to profit: it earned $1.66 per share over the past year, after losing money 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.
OKTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $805M | +11% |
| Q2 2026 | $765M | +11% |
| Q1 2026 | $761M | +12% |
| Q4 2025 | $742M | +12% |
| Q3 2025 | $728M | +13% |
| Q2 2025 | $688M | +12% |
| Q1 2025 | $682M | +13% |
| Q4 2024 | $665M | +14% |
OKTA's revenue has grown year over year every quarter since late 2020: $805M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +7.7 points |
| Q2 2026 | 7.3% | +1.7 points |
| Q1 2026 | 6% | +4.9 points |
| Q4 2025 | 3.1% | +5.5 points |
| Q3 2025 | 5.6% | +8.6 points |
| Q2 2025 | 5.7% | +13 points |
| Q1 2025 | 1.2% | +15 points |
| Q4 2024 | -2.4% | +17 points |
OKTA 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.
OKTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $233M | +41% |
| Q2 2026 | $276M | +15% |
| Q1 2026 | $256M | -10% |
| Q4 2025 | $214M | +35% |
| Q3 2025 | $165M | +104% |
| Q2 2025 | $240M | +10% |
| Q1 2025 | $285M | +67% |
| Q4 2024 | $158M | +3.3% |
OKTA 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 | — |
OKTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1.1M shares |
| 1 year | -1.2% | -2.2M shares |
| 3 years | +11% | +17.5M shares |
| 5 years | +36% | +47M shares |
| Available history | +50% | +59.8M shares |
OKTA has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $124M |
| Q2 2026 | $248M |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
OKTA Net Leverage
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).
OKTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 54.8 | Neutral |
OKTA's weekly RSI is 56 (neutral) and its Stochastic is 55 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
OKTA PE vs Technology Sector
| Metric | OKTA | Sector median | Relative |
|---|---|---|---|
| PE | 110x | 28x | 295% above |
| PE % | 88 | 35 | 53 pts above |
OKTA is trading at 110x earnings, a 295% premium to the Technology sector's median of 28x, though its earnings don't support one.
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.
OKTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $199.8 | 8.6% below |
| 20 week MA | $171.3 | 6.6% above |
| 50 week MA | $121.6 | 50% above |
| 100 week MA | $108.8 | 68% above |
| 200 week MA | $95.6 | 91% above |
OKTA 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.
OKTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $119.9 | $275.6 | +130% |
| 2021 | $275.6 | $228.3 | -17% |
| 2022 | $228.3 | $67.0 | -71% |
| 2023 | $67.0 | $90.5 | +35% |
| 2024 | $90.5 | $81.6 | -9.8% |
| 2025 | $81.6 | $88.6 | +8.5% |
| 2026 YTD | $88.6 | $182.5 | +106% |
OKTA has the edge over ASTS on returns for 2026, with the stronger performance.