ASTS
AST SpaceMobile, Inc.
ASTS has the edge over PAAI overall, supported by stronger fundamentals and lower modeled downside.
PAAI
Paradium.AI, Inc.
PAAI offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
PAAI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| Strong | |
| Weak |
PAAI's cash flow is currently strong, but its revenue, profitability and balance sheet are under pressure.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
PAAI PE Valuation
PAAI 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.
PAAI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| -- | |
| Limited | |
| -- |
Analysts expect PAAI's earnings and revenue to decline, though with profitability holding steady.
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.
PAAI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.01 | — |
| Q3 2026 | -$0.02 | -101% |
| Q2 2026 | $0.20 | -92% |
| Q1 2026 | $2.48 | +2656% |
| Q4 2025 | $2.62 | +$6.52 |
| Q3 2025 | $2.68 | +$6.85 |
| Q2 2025 | $2.65 | +$7.41 |
| Q1 2025 | $0.09 | +$5.45 |
| Q4 2024 | -$3.90 | -$1.41 |
PAAI 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 PAAI 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.
PAAI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.5M | -31% |
| Q2 2026 | $22.2M | -51% |
| Q1 2026 | $20.4M | -36% |
| Q4 2025 | $28.2M | -22% |
| Q3 2025 | $29.8M | -11% |
| Q2 2025 | $45M | +66% |
| Q1 2025 | $31.8M | +9.9% |
| Q4 2024 | $36.2M | -49% |
PAAI's revenue has slid since its 2023 peak: $21M last quarter, down 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4.5% | -36 points |
| Q2 2026 | 10% | -26 points |
| Q1 2026 | -1.5% | -25 points |
| Q4 2025 | 27% | -1.9 points |
| Q3 2025 | 32% | +7.9 points |
| Q2 2025 | 36% | +46 points |
| Q1 2025 | 23% | +51 points |
| Q4 2024 | 29% | +29 points |
PAAI 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 |
PAAI has the stronger cash trend. Its trailing FCF is up 347% versus its history, compared with ASTS at down 363%.
PAAI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $2M | -46% |
| Q4 2025 | $13.1M | +$21.7M |
| Q3 2025 | $12.2M | +$14.5M |
| Q1 2025 | $3.7M | +$5.6M |
| Q4 2024 | -$8.6M | -$6.1M |
| Q4 2023 | -$2.5M | -176% |
| Q4 2022 | $3.3M | +$9.8M |
| Q3 2022 | -$7.3M | -569% |
PAAI's free cash flow has turned positive after five years mostly in the red: $27M over the past year.
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 | — |
PAAI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +112K shares |
| 1 year | -0.2% | -84.5K shares |
| 3 years | +116% | +25.5M shares |
| 5 years | +355% | +37.2M shares |
| Available history | +2725% | +45.9M shares |
PAAI 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.
PAAI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.2x | High |
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 4.0x | High |
| Q4 2024 | 9.2x | High |
PAAI's net debt is about 7.2 years of its operating earnings (EBITDA), up from 2.1 years 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).
PAAI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.6 | Neutral |
| Stochastic | 4.6 | Oversold |
PAAI's weekly RSI is 38 (neutral) and its Stochastic is 5 (oversold).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
PAAI PE vs Technology Sector
| Metric | PAAI | Sector median | Relative |
|---|---|---|---|
| PE | 4.5x | 28x | 84% below |
| PE % | 68 | 35 | 33 pts above |
PAAI 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 PAAI on trend strength, trading above more of its moving averages.
PAAI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.00 | 39% below |
| 20 week MA | $1.06 | 42% below |
| 50 week MA | $2.09 | 71% below |
| 100 week MA | $3.15 | 81% below |
| 200 week MA | $2.97 | 79% below |
PAAI is in a downtrend: it's below all five of its weekly moving averages, and 79% 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 PAAI on returns for 2026, with the stronger performance.
PAAI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.7 | $13.0 | -22% |
| 2021 | $13.0 | $14.3 | +10% |
| 2022 | $14.3 | $9.40 | -34% |
| 2023 | $9.40 | $2.38 | -75% |
| 2024 | $2.38 | $1.38 | -42% |
| 2025 | $1.38 | $4.18 | +203% |
| 2026 YTD | $4.18 | $0.61 | -85% |
PAAI's yearly returns have swung widely, from +203% in 2025 to −75% in 2023. It's down 85% so far in 2026.