AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. Based on the AST SpaceMobile Inc stock forecasts from 1 analysts, the average analyst target price for AST SpaceMobile Inc is USD 31.50 over the next 12 months. AST SpaceMobile Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of AST SpaceMobile Inc is Neutral, which is based on 4 positive signals and 4 negative signals. At the last closing, AST SpaceMobile Inc’s stock price was USD 7.13. AST SpaceMobile Inc’s stock price has changed by -4.30% over the past week, -3.91% over the past month and -5.44% over the last year.

1. Page 1 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | NSD | Common Stock
Values as of 24th May, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Last Close
USD 7.13
Change
-0.65(-8.35%)
Market Cap
USD 2.42B
1 Yr Capital Gain
-2.60%
1 Yr Dividend Return
N/A
1 Yr Total
Return
-2.60%
Earning Growth (5 yr)
N/A
Average Target Price
31.50(+341.80% )
Average Analyst
Rating
Strong Buy
Fundamental
Analysis
Neutral
Our view of the stock is Neutral with a score of 5 out of 10, where 0 is very bearish and 10 very bullish
What to like
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although
stability is good, also keep in mind it can limit returns.
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector.
Sometimes this is low because the company is not growing and has no growth potential.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Underpriced on free cash flow basis
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial
performance to make sure there is no specific reason.
What to not like
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Negative cashflow
The company had negative total cash flow in the most recent four quarters.

2. Page 2 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
ASTS
AST SpaceMobile Inc
-5.4% 0 -5.4%
QQQ
Invesco QQQ Trust Series 1
-13.6% +0.4% -13.2%
Company Overview
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile
broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is
headquartered in Midland, Texas. Address: Midland Intl. Air & Space Port, Midland, TX, United States, 79706

3. Page 3 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://ast-science.com
Address
Midland Intl. Air & Space Port, Midland, TX, United States, 79706
Fiscal Year End
December
Employees
386
Technical Indicators
Value Value
Beta 0.63 52 Week High 15.48
Short Ratio 10.52 52 Week Low 4.84
Shorted Shares 7,995,068 200 Day Moving Average 9.15
Shorted Shares Previous Month 7,541,129 50 Day Moving Average 8.84
Shares Held By Insiders 2,480.80% Short Percentage 11.00%
Shares Held by Institutions 26.57 Dividend Yield N/A

4. Page 4 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Market Performance
Market Performance vs. Industry / Classification (Telecom Services) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -10.20% -20.7% 78% -21.2% 64%
Dividend Return N/A 1.0% N/A 0.9% N/A
Total Return -10.20% -17.1% 78% -20.6% 63%
Trailing 12 Months
Capital Gain -2.60% -29.1% 85% -21.0% 73%
Dividend Return N/A 4.5% N/A 2.3% N/A
Total Return -2.60% -28.3% 85% -19.4% 70%
Trailing 5 Years
Capital Gain N/A 33.4% N/A 4.0% N/A
Dividend Return N/A 21.5% N/A 11.0% N/A
Total Return N/A 34.5% N/A 15.1% N/A
Average Annual (5 Year Horizon)
Capital Gain -0.15% 6.2% 42% 2.9% 37%
Dividend Return N/A 4.3% N/A 1.8% N/A
Total Return -0.15% 9.9% 31% 4.8% 34%
Risk Return Profile
Volatility (Standard
Deviation)
3.72% 32.9% 100% 32.2% 89%
Risk Adjusted Return -4.00% N/A 31% 21.1% 34%
Market Capitalization 2.42B 1.30B 73% 0.38B 81%

5. Page 5 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio N/A 20.2 N/A 16.0 N/A
pbratio 3.7 1.9 21% 1.6 23%
pcfratio -30.3 8.4 96% -0.1 84%
pfcfratio 0.4 9.6 95% 10.1 90%
Management Effectiveness
retequity -51.62% -5.8% 8% 0.7% 23%
retinvcap -40.08% -0.9% 7% -0.5% 24%
retass -26.29% 1.0% 7% 0.2% 15%
debtequityratio 1.42% 59.4% 79% 31.8% 85%
Technical Ratios
yield N/A 6.1% N/A 2.6% N/A
sratio 10.52 3.72 11% 3.10 9%
spercent 16.91% 2.9% 8% 2.9% 10%
beta 0.63 1.03 78% 1.09 80%

6. Page 6 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Maintains Deutsche Bank Capital Buy USD 32 » USD 31 2022-05-24
Target Lowered by Deutsche Bank Capital USD 35 » USD 32 2022-04-01
Initiates Coverage On Barclays Overweight USD 29 2021-07-12
Initiates Coverage On Deutsche Bank Capital Buy USD 35 2021-06-30

7. Page 7 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Annual Financial (USD)

8. Page 8 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Quarterly Financial (USD)

9. Page 9 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
ASTS:NSD (AST SpaceMobile Inc)
Telecom Services | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 25th May, 2022
Largest Industry Peers for Telecom Services
Symbol Company Name Price(Change) Market Cap
TMUS T-Mobile US Inc -0.67 (-0.5%) USD 158.00B
VOD Vodafone Group Plc +0.55 (+3.4%) USD 43.20B
LBRDK Liberty Broadband Corporation +0.83 (+0.7%) USD 19.17B
LBRDA Liberty Broadband Corporation +0.74 (+0.7%) USD 19.17B
GLIBA GCI Liberty, Inc N/A USD 9.71B
GLIBP GCI Liberty, Inc N/A USD 7.11B
VG Vonage Holdings Corp +0.05 (+0.3%) USD 4.94B
IRDM Iridium Communications Inc -0.63 (-1.7%) USD 4.59B
CCOI Cogent Communications Holdings.. +1.70 (+3.0%) USD 2.76B
TIGO Millicom International Cellula.. -0.34 (-1.9%) USD 2.23B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%