AST SpaceMobile today
As of 10/10/2025 at 04:00 PM ET
- 52 week range
- $17.50
▼
$91.41
- Price target
- $45.27
When it comes to stocks that have excited and rewarded investors in 2025, AST SpaceMobile Nasdaq: ASTs It’s clearly at the top of the list. During the close on October 8, shares rose almost 311%, an amazing showing.
Now, ASTS investors may be feeling more confident than ever, given the company’s recent deal with a major telecom company. On October 8, the company Announce a deal With Verizon Communications NYSE:FZ. Through the deal, AST will “provide AST SpaceMobile direct-to-cell service as needed to Verizon customers beginning in 2026.” Overall, the announcement sent ASTS shares up about 16% in two days. Below, we’ll break down what this announcement means for ASTS stock and offer perspective on its valuation.
Verizon transitions from ASTS financier to customer
In 2026, Verizon will begin rolling out a service that allows customers to connect to AST SpaceMobile’s low-Earth orbit satellites. This will allow them to have cellular connectivity even in very remote areas of the United States. The deal is a validation of AST’s business model and a positive step on the company’s path to sales. It’s based on the company’s 2024 deal with Verizon. This deal helped fund the exploration of the “ultimate trade agreement” that the two parties are now implementing.
This commercial agreement sets a clear path for AST to generate significant, recurring revenues in the not-too-distant future. It also builds on similar agreements the company entered into with telecom giants AT&T New York Stock Exchange: T And Vodafone Nasdaq: FOD. Through these huge partnerships, the company has undoubtedly established itself as a leader in its field. AST SpaceMobile is clearly benefiting from the highly competitive telecommunications industry, where major players are looking to keep up with each other. However, investors know little about the financial details of these agreements. This makes it difficult to know how much revenue AST will generate from it, and at what cost.
The ASTS ratings gap: Current results versus future estimates
When it comes to AST SpaceMobile, investors should be aware of the huge difference in the stock’s current results and future outlook. Over the last 12 months (LTM), AST SpaceMobile generated just $4.9 million in revenue. Despite this, the stock trades with a market capitalization of about $31.4 billion. Of all US stocks with $10 million or less in LTM revenue, ASTS’s market cap is the highest. In particular, Righetti Computing Nasdaq: ROG It is the next most valuable company among this group. Its market capitalization is just $14.5 billion, which shows how rich AST’s backward valuation is even among speculative stocks.
However, revenue projections help justify the company’s valuation. In 2027 and 2028, analysts expect the company to generate revenues of $830 million and $2.54 billion, respectively. This would give the stock price-to-sales (P/S) ratios of 38x and 12x in those periods. This makes the stock appear more reasonably valued compared to other high-profile names. For example, analysts expect Rigetti and Joby to fly New York Stock Exchange: Gobi To generate revenues of $40M and $144M in 2027. This gives them forward P/E ratios of 374x and 100x for that period.
However, among US telecom stocks with 2027 revenue forecasts, ASTS’s forward P/E ratio is the highest it has ever been. The average number among this group is only 4x.
ASTS: Analysts forecast a roughly 50% decline in shares
AST SpaceMobile stock forecast today
$45.27
-44.81% negativeHe catches
Based on 11 analyst ratings
| Current price | $82.03 |
|---|---|
| High expectations | $60.00 |
| Average expectations | $45.27 |
| Low expectations | $30.00 |
AST SpaceMobile stock forecast details
However, these forecasts are just forecasts. Actual performance of ASTS may be significantly better or worse than these estimates. However, as a baseline, these estimates suggest that AST SpaceMobile will grow its revenue from $4.9 million to $830 million in just three and a half years. It’s fair to say that a lot of things have to go right for AST SpaceMobile to achieve this.
Despite the lofty future outlook over the next few years, analysts see ASTS as overvalued in the near term. MarketBeat’s consensus price target for the stock is just over $45. This means a roughly 48% drop in shares versus their closing price on October 9. Barclays recently raised its price target significantly from $37 to $60. This is the most optimistic forecast MarketBeat has tracked for 2025, and it still suggests a decline of roughly 39%. However, MarketBeat has not yet tracked any analysts who have changed their price targets since the October 8 deal. Potential updates could be coming, changing the overall picture of analyst sentiment around ASTS.
Ultimately, bearish indicators around ASTS do not mean that stocks will not continue to rise. However, investors should understand how much risk there is in this stock.
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