WallStSmart
ASTS

Ast Spacemobile Inc

NASDAQ: ASTS · TECHNOLOGY · COMMUNICATION EQUIPMENT

$69.85
-2.82% today

Updated 2026-04-29

Market cap
$27.46B
P/E ratio
—
P/S ratio
387.21x
EPS (TTM)
$-1.34
Dividend yield
—
52W range
$22 – $130
Volume
14.5M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Ast Spacemobile Inc (ASTS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$69.85
Consensus
$71.27
+2.03%
2030 Target
$351.96
+403.88%
DCF
$78.41
-23.61% MoS
8 analysts:
1 Buy5 Hold4 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 period found in available filings. Company disclosed preliminary 2025 revenues of $63-71M and is in commercial deployment phase with Bluewalker 3 satellite operational. Management focus is on global spectrum deployment, AI monetization, and expanding carrier partnerships (TELUS, Orange, Vodafone).

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$583.51
$11.2B Rev × 20x P/S
Base case (2030)
$351.96
$11.2B Rev × 12x P/S
Bear case (2030)
$231.55
$11.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$0.0B$0.0B$0.1B$0.2B$1.1B$3.5B$6.8B$11.2B
Revenue growth—-81.9%1505.2%166.0%482.0%218.0%94.0%65.0%
EPS$-1.05$-1.90$-1.32$-0.89$0.15$0.85$1.62$2.58
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$9.26$37.05$111.14$213.03$351.96

Catalysts & risks

Growth catalysts
+ Commercial satellite service launches and revenue ramp from carrier partnerships (TELUS, Orange, Vodafone, AT&T)
+ Bluewalker 3 satellite operational deployment acceleration and additional satellite constellation launches
+ Spectrum monetization and AI-related technology revenue streams as announced in convertible offering
+ Direct-to-cell 4G/5G service adoption in underserved markets across North America and Europe
+ Potential additional carrier partnership announcements and service commercialization milestones
Key risks
- Company remains unprofitable with -482% profit margin; cash burn remains significant despite $1B convertible financing
- Regulatory delays or spectrum licensing challenges could slow deployment timeline and revenue ramp
- Heavy competition from SpaceX Starlink and other satellite operators; market share concentration risk
- Significant dilution from convertible notes ($1B+ outstanding); near-term path to profitability unclear
- Analyst consensus downgrades over past 6 months (3 downgrades vs 0 upgrades); sell-side skepticism on valuation
- Insider selling activity (CTO sold $3.5M in shares; President sold $4.5M) signals potential overvaluation concerns

Methodology

Ast Spacemobile Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.