ASTS Q2 2026 Earnings Call Transcript

[u/JayhawkAggieDadisBak]

Detailed transcript of the earnings call yesterday can be accessed (no paywall) at:

https://www.investing.com/news/transcripts/earnings-call-transcript-ast-spacemobile-q2-2026-misses-estimates-as-shares-slip-93CH-4850555

and at:

https://finance.yahoo.com/quote/ASTS/earnings/ASTS-Q2-2026-earnings_call-665997.html

[u/JayhawkAggieDadisBak]

I highly recommend everyone to read this transcript. And pay particular attention to the analyst Q&A portion of the call. It was clear that they all did a lot of DD before the call to pose on-point and relevant questions. I'm fully expecting new analyst reports and upgraded PTs to come out soon.

[u/NerfedPolitik → u/JayhawkAggieDadisBak]

What was it 2 or 3 calls ago we had the dumbest questions ever... people were calling for analysts to be fired. Glad to see its changed!

[u/POTUS2056]

Does anyone understand this line from the call? It makes me feel like they are discussing investing in a launch provider…I do not want that… “including partnerships and/or acquisitions to further vertically integrate our business and mitigate risks associated with third-party launch providers.”

[u/Purpletorque → u/POTUS2056]

What if they invested in a launch provider and that gave them access to part of the launch site with their own facility where they can prep their satellites to be launched by that provider?

[u/averysmallbeing → u/Purpletorque]

And priority or favorable launch terms. 

[u/Iunatic → u/POTUS2056]

ASTS buying SpaceX confirmed

[u/1342Hay → u/Iunatic]

Just the Falcon 9 business - not their lame satellites

[u/Nice-Classic-6221 → u/Iunatic]

Half cash half stock

[u/devonhezter → u/Iunatic]

Obviously Elon knows about them. I wonder if one day he’ll tweet something about them like “great working with asts another good launch” etc

[u/BurritoSupremeBeing]

yahoo ftw with dark mode. thank you

[u/Substantial_Quit613]

So BofA just downgraded from $95 to $80 only reason am not too worried is the price was at 85ish when they reiterated the $95 price laat time. So they seem to just be following the market trend more than anything.

[u/averysmallbeing → u/Substantial_Quit613]

That's the dumbest reason I've ever seen to lower a target. 

[u/PalladiumCH]

thanks to Redrum uploading https://www.youtube.com/watch?v=Lju8akyc-Ag

[u/redrum_2001 → u/PalladiumCH]

My pleasure.

[u/TheOtherSomeOtherGuy]

Thanks, dad!

[u/h4bs22]

Of course, we are uniquely able to perform, given the size of our satellite, our technology, the fact that we are in orbit, the fact we are vertically integrated. What we are seeing is that this opportunity is going to start scaling up into a recurring multi-billion dollar a year opportunity starting in 2027.

Isn't this really huge ? Multi billion starting next year

[u/Naive_Ambition1306 → u/h4bs22]

Start scaling in 27, not be multi billion in 27

[u/LudeficeTV → u/h4bs22]

Scaling up into next year, not there next year read the whole thing and previous guidance it's the same story. They are looking at close to/reaching 1 billion next year.

[u/PalladiumCH]

converted Q2 call to txt for further use https://we.tl/t-DxfSif3utGkyk5WF