Alright, so here’s this wild ride with AST SpaceMobile. They’re on this cosmic adventure — trying to hook up your smartphone to space. Yes, literally. Like, imagine chatting away in the middle of the Atlantic or some random mountain top without some clunky gadget. Just your phone. Crazy, right?
Big players like AT&T and Vodafone are onboard. Why? Because this idea is massive. But here’s the kicker: the stock’s been doing this dance. Started cozy at $3, then whoosh — zoomed to $38 when spacetech took the spotlight. Now it’s having a chill at about $26. Investors are scratching their heads, wondering what just happened.
And here’s a chart I stumbled upon. Not sure what I’m seeing, but it’s part of the story, so there’s that.
Peeking into their finances, it’s like, oh boy. They pulled in $718k in Q1 2025. Sounds like a lot until you see they spent $63.7 million. Oof. That’s like burning a stack of cash for fun — $28.5 million poofed just on operations, and then another $120.5 million set ablaze on gadgets and gizmos.
Sure, they’ve got $874.5 million tucked away. But burning cash at this rate… it won’t last long. They’re hopeful about earning $50 to $75 million later in 2025, but compared to what they’re spending — it’s like trying to fill a swimming pool with a teaspoon.
Now, I got sidetracked again, but back to the numbers. This Value Meter thing (sounds fancier than it really is) shows AST’s enterprise value is miles above average. Like 60% higher! Investors are paying extra for, well, just dreams and maybe empty space.
Cash generation is… bad. Four quarters of negative cash flow. They’re bleeding money, but hey, slightly better than similar disaster cases. But still, nowhere near cash-positive.
The tech sounds like a sci-fi geek’s dream, but the valuation? It’s like they’ve achieved everything already, when really, the tech and rules they face are monumental challenges.
Right now, this Value Meter rates AST SpaceMobile as “Extremely Overvalued.” You want my two cents on another stock? Just throw a ticker my way. More chaos awaits.
