AST SpaceMobile (ASTS) and Vertiv Holdings (VRT) represent two very different bets for growth-oriented investors weighing their options in 2026.
AST SpaceMobile trades at roughly 225 times its trailing 12-month revenue, a premium valuation that reflects the market’s high expectations for the satellite connectivity company.
Vertiv, by contrast, trades at approximately 9 times revenue, a far more modest multiple that reflects its status as a larger, more established business.
Vertiv currently demonstrates a much larger and more stable revenue profile compared to AST SpaceMobile’s substantially smaller and highly variable top-line figure.
AST SpaceMobile builds and operates a satellite-based cellular broadband network designed to connect directly to standard mobile phones without any specialized hardware.
The company’s core mission is delivering mobile internet access to individuals in remote or underserved locations across the globe, a market with enormous long-term potential.
In July 2026, AST SpaceMobile completed an upsized $1.15 billion private offering of convertible senior notes, signaling confidence in its continued satellite deployment ambitions.
The company also revised its satellite deployment schedule alongside that financing announcement, while reporting a net income margin of approximately -1,296% for the quarter ended March 31, 2026.
Vertiv, meanwhile, specializes in designing, manufacturing, and servicing critical infrastructure systems for data centers, communication networks, and diverse industrial applications worldwide.
The company’s business benefits from the global expansion of artificial intelligence and cloud computing, both of which are driving surging demand for data center power and cooling solutions.
Vertiv offers steady revenue growth at meaningful scale, while AST SpaceMobile’s recent acceleration hints at a potential inflection point that some investors view as a compelling early entry opportunity.
Investors ultimately face a fundamental choice between paying an expensive valuation for AST SpaceMobile’s longer-dated revenue promise and paying a more reasonable price for Vertiv’s consistent and proven performance.
