AST SpaceMobile (NASDAQ:ASTS) & Charge Enterprises (NASDAQ:CRGE) Head to Head Review

Charge Enterprises (NASDAQ:CRGE) and AST SpaceMobile (NASDAQ:ASTS) are both communication services companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.

Earnings & Valuation

This table compares Charge Enterprises and AST SpaceMobile”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Charge Enterprises	$641.37 million	0.01	-$30.35 million	($0.20)	-0.18
AST SpaceMobile	$70.92 million	318.55	-$341.94 million	($2.14)	-27.13

Charge Enterprises has higher revenue and earnings than AST SpaceMobile. AST SpaceMobile is trading at a lower price-to-earnings ratio than Charge Enterprises, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

21.2% of Charge Enterprises shares are owned by institutional investors. Comparatively, 61.0% of AST SpaceMobile shares are owned by institutional investors. 25.2% of Charge Enterprises shares are owned by insiders. Comparatively, 20.9% of AST SpaceMobile shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Charge Enterprises and AST SpaceMobile’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Charge Enterprises	-5.76%	-136.79%	-20.11%
AST SpaceMobile	-536.66%	-22.88%	-10.67%

Analyst Recommendations

This is a breakdown of recent ratings for Charge Enterprises and AST SpaceMobile, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Charge Enterprises	0	0	0	0	0.00
AST SpaceMobile	2	6	4	0	2.17

AST SpaceMobile has a consensus price target of $85.98, suggesting a potential upside of 48.11%. Given AST SpaceMobile’s stronger consensus rating and higher probable upside, analysts clearly believe AST SpaceMobile is more favorable than Charge Enterprises.

Volatility and Risk

Charge Enterprises has a beta of 2.49, meaning that its stock price is 149% more volatile than the S&P 500. Comparatively, AST SpaceMobile has a beta of 2.75, meaning that its stock price is 175% more volatile than the S&P 500.

Summary

AST SpaceMobile beats Charge Enterprises on 8 of the 14 factors compared between the two stocks.

About Charge Enterprises

Charge Enterprises Inc. operates as an electrical, broadband, and electric vehicle (EV) charging infrastructure company. The company provides clients with end-to-end project management services, including advising, designing, engineering, acquiring and installing equipment, monitoring, servicing, and maintenance. It operates in two segments, Infrastructure and Telecommunications. The Infrastructure segment offers broadband and wireless, electrical contracting, electric vehicle charging, and fleet services. The Telecommunications segment provides internet-protocol-based and time-division multiplexing access for transport of long-distance voice and data minutes; domestic switching and related peripheral equipment services, and carrier-grade routers and switches for internet and circuit-based services, as well as connection of voice calls and data services. The company was formerly known as TransWorld Holdings Inc and changed its name to Charge Enterprises, Inc. in January 2021. Charge Enterprises, Inc. was incorporated in 2003 and is based in New York, New York. On March 7, 2024, Charge Enterprises, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

About AST SpaceMobile

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.