Shares of five of the most-watched space names are trading lower in the final hour Tuesday, tracking a broad
Space stocks are trading in split fashion Thursday morning, and the tape tells a more nuanced story than the headline suggests.
AST SpaceMobile's Q2 loss and revenue missed estimates as operating costs surged, while satellite deployment progress keeps its long-term growth story intact.
AST SpaceMobile stock held firm despite an earnings miss. Its technical setup suggests it could follow space peer Voyager Technologies higher.
AST SpaceMobile Inc (NASDAQ:ASTS) reported a wider-than-expected adjusted loss and revenue below analyst estimates for the second quarter, while the company reaffirmed its full-year 2026 revenue guidance and continued to expand its satellite network. The company reported an adjusted loss of $0.77 per share for the quarter ended June 30, compared with analyst estimates for a loss of about $0.26 to $0.32 per share.
AST SpaceMobile targets about 45 BlueBird satellites in orbit by early 2027 as beta service, spectrum expansion and government growth come into focus.
AST SpaceMobile's Q2 revenues surge on gateway deliveries and government contracts, but higher costs drive a wider loss with missed estimates.
AST SpaceMobile (ASTS) is rated a speculative 'Buy' as revenue begins to scale and commercial service nears, despite a Q2 miss. Q2 revenue reached $31.5M, up sharply year-over-year, but losses remain substantial and SpaceMobile service revenue has not yet commenced. Backlog stands at $1.2B–$1.3B with over 60 mobile network operator partnerships, supporting a robust future revenue pipeline.
AST SpaceMobile, Inc. (ASTS) Q2 2026 Earnings Call Transcript
AST SpaceMobile, Inc. (ASTS) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to a loss of $0.41 per share a year ago.
AST SpaceMobile NASDAQ: ASTS reported second-quarter 2026 revenue of $31.5 million and reiterated its full-year revenue guidance of $150 million to $200 million, as the company continued to build satellites, deploy mobile-network infrastructure and pursue government applications for its space-based cellular broadband network.
The satellite operator expects 2026 revenue of $150 million to $200 million as it continues to build out a space-based cellular network aimed at connecting ordinary smartphones directly to satellites.