SpaceX (NASDAQ:SPCX | SPCX Price Prediction) stock is down 3% to $133.48 in early Monday trading, extending a slide that has surprised bulls counting on federal launch policy to lift the group.
The $1.3B contracted backlog lowers AST SpaceMobile's EV/Sales to 15.93x, aided by the recent meltdown, the recurring long-term contracts, and the triple-digit growth prospects. They leverage wholesale partnerships with MNOs to tap into 3B+ users while avoiding competition and reducing customer acquisition/overhead/marketing costs. By serving governments as an infrastructure provider, ASTS secures major contracts in Europe/Japan, as there is more demand for sovereign communication channels.
AST SpaceMobile is down about 5.8% YTD while the fleet reached 13 satellites, the backlog grew and liquidity crossed $3.7B, which gives patient investors a chance to accumulate. Trump's new memorandum targets more than 1,000 U.S. launches and reentries annually by 2030, roughly 6x the 178 conducted in 2025, which should improve sentiment across the space sector. Q2 revenue reached $31.5M against $1.1M a year ago, and management reiterated full-year guidance of $150M to $200M.
On Tuesday, Aug. 18, SpaceX (NASDAQ:SPCX | SPCX Price Prediction) completed its 100th launch of 2026, sending 24 Starlink satellites into orbit from Vandenberg SFB aboard a Falcon 9 and pushing the constellation past 11,000 satellites in low Earth orbit.
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.