AST SpaceMobile Inc (NASDAQ:ASTS) is a telecommunications company that focuses on providing mobile connectivity through satellite technology. The company is preparing to release its third-quarter earnings on November 10, 2025, after the market closes. Analysts expect the earnings per share to be around -$0.39, with projected revenue of approximately $22 million.
The company's stock has recently experienced a decline, falling 5.3% to $66.68, after reaching a record high of $102.79 on October 16. This drop may be linked to a recent $1 billion debt offering of convertible senior notes, which has affected investor sentiment. Despite this, ASTS has shown a remarkable year-to-date increase of 214.8%.
AST SpaceMobile's financial metrics reveal some challenges. The company has a negative price-to-earnings (P/E) ratio of -47.44, indicating a lack of profitability. The price-to-sales ratio is extremely high at 4,224.34, suggesting the stock is trading at a premium relative to its sales. Additionally, the enterprise value to sales ratio is 4,040.25, reflecting a high valuation compared to revenue.
The company recently completed a $64.5 million acquisition of global S-Band spectrum rights, which could enhance its network reach. However, ASTS faces challenges with high operating costs and macroeconomic pressures that may impact its near-term margins. The debt-to-equity ratio is low at 0.02, indicating minimal reliance on debt financing, while the current ratio is strong at 8.23, suggesting solid liquidity to cover short-term liabilities.