ASTS
AST SpaceMobile, Inc.
ASTS has a slight edge over RMNI overall, supported by stronger valuation and stronger fundamentals.
RMNI
Rimini Street, Inc.
RMNI has lower modeled downside risk, despite its lower overall score.
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.
RMNI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
RMNI's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
RMNI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.4x | $0.82 | -85% |
| Fair | 10x | $1.14 | -80% |
| Forward | 14x | $5.59 | — |
| Expensive | 26x | $2.85 | -49% |
| Current | 51x | $5.59 | — |
Historical ranges are pointers, not guarantees.
RMNI's PE is in its expensive range at 51x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
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.
RMNI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RMNI, 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 |
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.
RMNI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | +264% |
| Q3 2026 | $0.11 | -76% |
| Q2 2026 | $0.07 | +$0.11 |
| Q1 2026 | $0.36 | +$0.73 |
| Q4 2025 | $0.39 | +$0.79 |
| Q3 2025 | $0.46 | +$0.83 |
| Q2 2025 | -$0.04 | -122% |
| Q1 2025 | -$0.37 | -254% |
| Q4 2024 | -$0.40 | -238% |
RMNI has the edge over ASTS on earnings quality, reporting a profit while its opponent remains loss making.
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 RMNI 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.
RMNI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.1M | +8.3% |
| Q2 2026 | $111.1M | +6.7% |
| Q1 2026 | $105.5M | +1.2% |
| Q4 2025 | $109.8M | -3.9% |
| Q3 2025 | $103.4M | -1.2% |
| Q2 2025 | $104.1M | +1% |
| Q1 2025 | $104.2M | -2.4% |
| Q4 2024 | $114.2M | +1.9% |
RMNI's revenue grew through 2022 and has held roughly level since: $112M last quarter, up 8.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | +4.5 points |
| Q2 2026 | 5.7% | -34 points |
| Q1 2026 | 4.5% | -4.4 points |
| Q4 2025 | 4.5% | -8.5 points |
| Q3 2025 | 4.2% | +52 points |
| Q2 2025 | 40% | +40 points |
| Q1 2025 | 9% | +5.8 points |
| Q4 2024 | 13% | +2.7 points |
RMNI 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.
RMNI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$18M | -177% |
| Q2 2026 | -$2.4M | +$17.2M |
| Q1 2026 | $23.9M | -27% |
| Q4 2025 | $18.9M | +$57.2M |
| Q3 2025 | $23.5M | +$42.7M |
| Q2 2025 | -$19.5M | -462% |
| Q1 2025 | $32.8M | +231% |
| Q4 2024 | -$38.4M | -$33.7M |
RMNI 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 | — |
RMNI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +1.3M shares |
| 1 year | +0.9% | +821K shares |
| 3 years | +7.6% | +6.8M shares |
| 5 years | +12% | +9.9M shares |
| Available history | +43% | +28.8M shares |
RMNI has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $3.8M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $1M |
| Q1 2023 | — |
| 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.
RMNI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.7x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.2x | Net Cash |
| Q2 2024 | -2.2x | Net Cash |
| Q1 2024 | -1.5x | Net Cash |
RMNI 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).
RMNI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.6 | Neutral |
| Stochastic | 77.6 | Neutral |
RMNI's weekly RSI is 66 (neutral) and its Stochastic is 78 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
RMNI PE vs Technology Sector
| Metric | RMNI | Sector median | Relative |
|---|---|---|---|
| PE | 51x | 28x | 82% above |
| PE % | 92 | 35 | 57 pts above |
RMNI is trading at 51x earnings, a 82% premium to the Technology sector's median of 28x.
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.
RMNI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.55 | 23% above |
| 20 week MA | $4.72 | 18% above |
| 50 week MA | $4.11 | 36% above |
| 100 week MA | $3.91 | 43% above |
| 200 week MA | $3.49 | 60% above |
RMNI 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.
RMNI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.95 | $4.60 | +16% |
| 2021 | $4.60 | $5.86 | +27% |
| 2022 | $5.86 | $3.88 | -34% |
| 2023 | $3.88 | $3.27 | -16% |
| 2024 | $3.27 | $2.70 | -17% |
| 2025 | $2.70 | $3.94 | +46% |
| 2026 YTD | $3.94 | $5.59 | +42% |
RMNI has the edge over ASTS on returns for 2026, with the stronger performance.