ASTS
AST SpaceMobile, Inc.
ASTS offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
STM
STMicroelectronics N.V.
STM has the edge over ASTS overall, supported by lower modeled downside and stronger modeled upside.
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.
STM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
STM's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ASTS PE Valuation
ASTS has no meaningful PE right now: it lost money over the past year.
STM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.6x | $5.40 | -88% |
| Fair | 21x | $11.96 | -74% |
| Expensive | 40x | $22.34 | -52% |
| Current | 83x | $46.46 | — |
Historical ranges are pointers, not guarantees.
STM's PE is in its expensive range at 83x.
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.
STM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for STM, 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.
STM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.56 | -1.8% |
| Q2 2026 | $0.51 | -25% |
| Q1 2026 | $0.16 | -86% |
| Q4 2025 | $0.18 | -89% |
| Q3 2025 | $0.57 | -77% |
| Q2 2025 | $0.68 | -79% |
| Q1 2025 | $1.17 | -70% |
| Q4 2024 | $1.65 | -63% |
STM 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 STM 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.
STM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.8B | +18% |
| Q2 2026 | $3.5B | +24% |
| Q1 2026 | $3.1B | +23% |
| Q4 2025 | $3.3B | +0.1% |
| Q3 2025 | $3.2B | -2.4% |
| Q2 2025 | $2.8B | -13% |
| Q1 2025 | $2.5B | -27% |
| Q4 2024 | $3.3B | -22% |
STM's revenue is recovering but still below its 2023 peak: $3.8B last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +5.8 points |
| Q2 2026 | 6.3% | +7.2 points |
| Q1 2026 | 3.1% | +4.6 points |
| Q4 2025 | 6.2% | -4.9 points |
| Q3 2025 | 5.1% | -6.6 points |
| Q2 2025 | -0.9% | -13 points |
| Q1 2025 | -1.5% | -17 points |
| Q4 2024 | 11% | -13 points |
STM 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.
STM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$121.5M | +$139.5M |
| Q1 2026 | $155.5M | +$182.5M |
| Q4 2025 | -$62.5K | -100% |
| Q3 2025 | $182.4M | +9019% |
| Q2 2025 | -$261M | -2275% |
| Q1 2025 | -$27M | +$108M |
| Q4 2024 | $65M | -83% |
| Q3 2024 | $2M | -100% |
STM 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 | — |
STM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +3.7M shares |
| 1 year | +1.4% | +12.8M shares |
| 3 years | -1.3% | -12.1M shares |
| 5 years | +1% | +8.9M shares |
| Available history | +2.4% | +21.7M shares |
STM has the edge over ASTS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $184M |
| Q3 2025 | — |
| Q2 2025 | $92M |
| Q1 2025 | $92M |
| Q4 2024 | $92M |
| Q3 2024 | $92M |
ASTS Net Leverage
ASTS's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
STM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.2x | Very low |
STM's net debt is less than a year of its operating earnings (EBITDA).
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).
STM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.7 | Neutral |
| Stochastic | 22.3 | Neutral |
STM's weekly RSI is 46 (neutral) and its Stochastic is 22 (neutral).
ASTS PE vs Technology Sector
ASTS has no meaningful PE right now: it lost money over the past year.
STM PE vs Technology Sector
| Metric | STM | Sector median | Relative |
|---|---|---|---|
| PE | 83x | 28x | 198% above |
| PE % | 90 | 35 | 55 pts above |
STM is trading at 83x earnings, a 198% 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.
STM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.2 | 3.6% below |
| 20 week MA | $52.8 | 12% below |
| 50 week MA | $46.8 | 0.6% below |
| 100 week MA | $36.2 | 28% above |
| 200 week MA | $39.0 | 19% above |
STM 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.
STM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.1 | $36.9 | +36% |
| 2021 | $36.9 | $48.6 | +32% |
| 2022 | $48.6 | $35.9 | -26% |
| 2023 | $35.9 | $50.1 | +40% |
| 2024 | $50.1 | $25.5 | -49% |
| 2025 | $25.5 | $26.2 | +3% |
| 2026 YTD | $26.2 | $46.5 | +77% |
STM has the edge over ASTS on returns for 2026, with the stronger performance.