This $39 Billion Company Made Just $54.3 Million in the Last Year, but People Keep Buying It. Should You?
2026-03-09 20:47:00 ET
AST SpaceMobile (NASDAQ: ASTS) is one of the most aggressively valued stocks on the market. The company trades at a $39 billion market cap on just $54.3 million in trailing-12-month (TTM) revenue, a price-to-sales (P/S) ratio of over 382.
If the company can deliver on its promise, the payoff could be enormous. AST is building a satellite constellation designed to deliver cellular broadband directly to standard smartphones. Its partners include AT&T , Verizon , Vodafone , and now TELUS -- carriers collectively serving billions of subscribers. If commercial service activates at scale, recurring revenue could reach tens of billions annually. It's also recently landed a defense contract, adding another potential revenue stream.
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NASDAQ: ASTS
ASTS Trading
-1.45% G/L:
$87.0003 Last:
5,096,329 Volume:
$89.02 Open:
