ASTS
AST SpaceMobile, Inc.
ASTS offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
SOHU
Sohu.com Limited
SOHU has the edge over ASTS overall, supported by lower modeled downside and stronger fundamentals.
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.
SOHU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
SOHU's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
SOHU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.7x | $6.23 | -48% |
| Current | 1.4x | $11.97 | — |
| Fair | 1.5x | $13.31 | +11% |
| Expensive | 3.7x | $31.99 | +167% |
Historical ranges are pointers, not guarantees.
SOHU's PE is in its fair range at 1.4x.
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.
SOHU Forward outlook
There aren't enough analyst estimates for SOHU 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.
SOHU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $8.60 | +107% |
| Q1 2026 | $7.86 | +112% |
| Q4 2025 | $14.10 | +$17.23 |
| Q3 2025 | $5.00 | +$7.81 |
| Q2 2025 | $4.16 | +$5.83 |
| Q1 2025 | $3.70 | +$4.83 |
| Q4 2024 | -$3.13 | -$2.23 |
| Q3 2024 | -$2.81 | -$2.07 |
SOHU 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 SOHU 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.
SOHU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $135.8M | +7.1% |
| Q1 2026 | $141.7M | +4.5% |
| Q4 2025 | $142.3M | +5.6% |
| Q3 2025 | $180.4M | +19% |
| Q2 2025 | $126.7M | -26% |
| Q1 2025 | $135.6M | -2.7% |
| Q4 2024 | $134.7M | -4.7% |
| Q3 2024 | $152M | +4.5% |
SOHU's revenue is recovering but still below its 2019 peak: $136M last quarter, up 7.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -14% | +4.2 points |
| Q1 2026 | -4.8% | +9.3 points |
| Q4 2025 | -20% | -1.3 points |
| Q3 2025 | 7.5% | +16 points |
| Q2 2025 | -18% | +8 points |
| Q1 2025 | -14% | +5.3 points |
| Q4 2024 | -19% | -0.8 points |
| Q3 2024 | -8.6% | +5.6 points |
SOHU 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.
SOHU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
SOHU's free cash flow has been positive every quarter for seven years: $0 over the past year, against $0 the year before.
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 | — |
SOHU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.3% | -607K shares |
| 1 year | -12% | -3.4M shares |
| 3 years | -25% | -8.6M shares |
| 5 years | -36% | -14.1M shares |
| Available history | -35% | -13.8M shares |
SOHU has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
SOHU hasn't bought back shares in the past year.
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SOHU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2024 | -17.4x | Net Cash |
| Q4 2023 | -13.2x | Net Cash |
| Q3 2023 | -7.0x | Net Cash |
| Q2 2023 | -11.3x | Net Cash |
| Q1 2023 | -8.1x | Net Cash |
| Q4 2022 | -7.4x | Net Cash |
| Q3 2022 | -6.5x | Net Cash |
| Q2 2022 | -3.3x | Net Cash |
SOHU 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).
SOHU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.2 | Neutral |
| Stochastic | 28.9 | Neutral |
SOHU's weekly RSI is 39 (neutral) and its Stochastic is 29 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
SOHU PE vs Technology Sector
| Metric | SOHU | Sector median | Relative |
|---|---|---|---|
| PE | 1.4x | 28x | 95% below |
| PE % | 46 | 35 | 11 pts above |
SOHU is trading at 1.4x earnings, a 95% discount 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 the edge over SOHU on trend strength, trading above more of its moving averages.
SOHU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 6.5% below |
| 20 week MA | $13.2 | 9.3% below |
| 50 week MA | $14.5 | 17% below |
| 100 week MA | $13.9 | 14% below |
| 200 week MA | $13.1 | 8.3% below |
SOHU is in a downtrend: it's below all five of its weekly moving averages, and 8.3% 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's yearly returns have swung widely, from +280% in 2024 to −54% in 2022. It's down 52% so far in 2026.
SOHU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.8 | $16.3 | +51% |
| 2021 | $16.3 | $16.1 | -1.2% |
| 2022 | $16.1 | $13.5 | -16% |
| 2023 | $13.5 | $9.93 | -26% |
| 2024 | $9.93 | $13.7 | +37% |
| 2025 | $13.7 | $15.9 | +16% |
| 2026 YTD | $15.9 | $12.0 | -25% |
SOHU has the edge over ASTS on returns for 2026, with the stronger performance.