Overview
- AST SpaceMobile is building a space-based cellular broadband network designed to connect ordinary smartphones by selling capacity to telecom operators.
- AT&T, Verizon and stc Group have signed on, a U.S. government deal is under negotiation, and the company cites roughly $1 billion in contracted revenue commitments.
- A Seeking Alpha analyst reiterated a Buy rating with an $87 price target, framing upside on execution and partnerships.
- Despite a reported double-miss in Q3 2025, management highlighted 12x year-over-year revenue growth and improved EPS, while Yahoo Finance noted a $122.9 million net loss on $14.7 million in revenue.
- The stock has surged sharply in recent periods, yet commentary flags an extreme price-to-sales multiple, raising concerns that cash burn and valuation could constrain near-term returns.