Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). AST SpaceMobile's share price for the quarter that ended in Mar. 2026 was $82.87. AST SpaceMobile's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 298.45 Mil. Therefore, AST SpaceMobile's market cap for the quarter that ended in Mar. 2026 was $24,732.88 Mil.
AST SpaceMobile's quarterly market cap
increased
from Sep. 2025 ($13,348.88 Mil) to Dec. 2025 ($20,732.23 Mil) and
increased
from Dec. 2025 ($20,732.23 Mil) to Mar. 2026 ($24,732.88 Mil).
AST SpaceMobile's annual market cap
increased
from Dec. 2023 ($543.67 Mil) to Dec. 2024 ($4,392.45 Mil) and
increased
from Dec. 2024 ($4,392.45 Mil) to Dec. 2025 ($20,732.23 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. AST SpaceMobile's Enterprise Value for Today is $21,888.70 Mil.
AST SpaceMobile (NAS:ASTS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
AST SpaceMobile Market Cap Related Terms
AST SpaceMobile Market Cap Historical Data
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The historical data trend for AST SpaceMobile's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Communication Equipment subindustry, AST SpaceMobile's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AST SpaceMobile Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Market Cap distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
AST SpaceMobile's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AST SpaceMobile (ASTS) has a Market Cap of $21,345.43 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on AST SpaceMobile and its competitors. According to the industry distribution chart, AST SpaceMobile ranks #88 out of 2515 companies in the Hardware industry, placing it in the top 3.5%.
Is AST SpaceMobile's Market Cap too high?
AST SpaceMobile's current Market Cap is $21,345.43 Mil. The Hardware industry median Market Cap is 209.38. AST SpaceMobile's value of $21,345.43 Mil is 10094.8% above this industry median. Based on the distribution chart, AST SpaceMobile ranks #88 out of 2515 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, AST SpaceMobile has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Market Cap compare to UI and AAOI?
According to the Hardware industry distribution chart, AST SpaceMobile ranks #88 out of 2515 companies for Market Cap. This places AST SpaceMobile in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 209.38. AST SpaceMobile's value of $21,345.43 Mil is 10094.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 209.38, based on 2,515 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AST SpaceMobile's current Market Cap of $21,345.43 Mil is 10094.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on AST SpaceMobile and its competitors. For the Hardware industry, the median Market Cap is 209.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current Market Cap is $21,345.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is $458.81, compared to a current price of $71.45 — trading 84.4% below its estimated fair value. The current Market Cap is $21,345.43 Mil and 10094.8% above the Hardware industry median of 209.38. AST SpaceMobile's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For AST SpaceMobile (ASTS), the current Market Cap is $21,345.43 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AST SpaceMobile (ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of $71.45 is trading 84.4% below its estimated GF Value™ of $458.81.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for ASTS:
Market Cap: $21,345.43 Mil
GF Value™: $458.81 vs. price of $71.45 (84.4% below fair value)
Industry Position: 10094.8% above the Hardware median (#88 of 2515)
No single metric tells the full story. See the ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
46GF Score
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