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ASTS — AST SpaceMobile News Story

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AST SpaceMobile 2025 revenue rises

Overview

Space-based cellular network's 2025 revenue rises

Company secured over $1.2 bln in contracted revenue commitments

Continued satellite launch campaign, aiming for 45-60 satellites by end of 2026

Outlook

AST SpaceMobile expects revenue growth in 2026 ahead of commercial service activation

Company plans to launch additional satellites every one to two months to reach 45-60 satellites by end of 2026

Result Drivers

REVENUE SOURCES - Full year revenue of $70.9 mln driven by mobile network operator partners and the U.S. Government

SATELLITE DEPLOYMENT - Successfully completed unfolding of BlueBird 6, expected to greatly exceed 120 Mbps peak data speeds

LAUNCH CAMPAIGN - Continued orbital launch campaign with BlueBird 7 encapsulated at Cape Canaveral, aiming for 45-60 satellites by end of 2026

Company press release: ID:nBwbLWjy6a

Key Details

MetricBeat/MissActualConsensus Estimate
FY Revenue$70.9 mln
FY Operating Expenses$358.63 mln
FY Pretax Profit-$457.11 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell" The average consensus recommendation for the wireless telecommunications services peer group is "buy." Wall Street's median 12-month price target for AST SpaceMobile Inc is $85.44, about 7.9% above its February 27 closing price of $79.19 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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