AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 10.5% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price was down 10.5% on Thursday . The company traded as low as $91.05 and last traded at $93.86. Approximately 15,689,396 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 16,019,737 shares. The stock had previously closed at $104.89.

Key Headlines Impacting AST SpaceMobile

Here are the key news stories impacting AST SpaceMobile this week:

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and helped lift sentiment by validating operator demand for direct-to-cell service; this deal supports near-term revenue growth and rollout plans. TELUS Partners with AST SpaceMobile
• Positive Sentiment: Orange added AST SpaceMobile to its satellite roster and scheduled Europe D2C trials for late 2026 — another major operator endorsement that increases potential European commercial traction. Orange Adds AST SpaceMobile
• Positive Sentiment: ASTS reported meaningful 2025 revenue (~$70.9M), a growing pipeline (~$1.2B contracted backlog) and plans to launch 45–60 satellites by end‑2026 — operational proof that the business is scaling from pre‑revenue to commercial receipts. Seeking Alpha: AST SpaceMobile revenue and plans
• Positive Sentiment: Analyst coverage turned more constructive: Zacks moved ASTS from “strong sell” to “hold” and other upgrades sparked intraday rallies in recent sessions, indicating improving sell‑side sentiment can amplify momentum. Zacks upgrade Analyst upgrade article
• Neutral Sentiment: Media pieces highlight ASTS as a direct competitor to SpaceX’s Starlink (different product/market focus) — competition raises strategic questions but doesn’t remove near‑term operator contracts or revenue. ASTS vs Starlink
• Neutral Sentiment: Sector comparisons (e.g., vs. Rocket Lab) and broader market volatility (macro headlines) are contributing to mixed trading — investors are differentiating capital‑intensive launch plays. Fool comparison
• Negative Sentiment: Valuation and cash‑burn concerns remain: analysts warn ASTS’s premium multiple and high operating costs increase downside risk if cadence of deployments or operator rollouts slips. Zacks: 181% rise and risks
• Negative Sentiment: Profitability metrics are weak (negative EPS and very large negative margins reported recently), so any slowdown in operator conversions or higher launch costs could press the stock lower. Financials and risks
• Neutral Sentiment: Reported short‑interest data in feeds appears anomalous/zero — not a reliable signal this cycle; ignore until clarified by exchange filings.

Analyst Ratings Changes

ASTS has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. B. Riley Financial reduced their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Zacks Research upgraded AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, Scotiabank downgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target on the stock. in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, AST SpaceMobile presently has a consensus rating of “Reduce” and an average price target of $63.77.

AST SpaceMobile Trading Down 4.7%

The stock has a market cap of $32.84 billion, a PE ratio of -67.78 and a beta of 2.77. The company has a current ratio of 16.35, a quick ratio of 9.48 and a debt-to-equity ratio of 0.92. The firm has a fifty day simple moving average of $95.06 and a two-hundred day simple moving average of $73.93.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.08). The business had revenue of $54.31 million for the quarter, compared to analysts’ expectations of $39.53 million. AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.AST SpaceMobile’s revenue for the quarter was up 2731.3% compared to the same quarter last year. As a group, equities analysts expect that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Shanti B. Gupta sold 10,000 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $77.34, for a total value of $773,400.00. Following the transaction, the chief operating officer owned 382,375 shares of the company’s stock, valued at $29,572,882.50. This represents a 2.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider directly owned 211,379 shares in the company, valued at $14,743,685.25. The trade was a 91.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders purchased a total of 2,015 shares of company stock valued at $149,144 in the last quarter. Corporate insiders own 30.90% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

Large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in AST SpaceMobile by 11.8% during the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock worth $786,000 after purchasing an additional 3,642 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AST SpaceMobile by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock valued at $1,814,000 after buying an additional 3,515 shares in the last quarter. Millennium Management LLC lifted its position in AST SpaceMobile by 16.1% in the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after buying an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in AST SpaceMobile by 18.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock worth $7,405,000 after buying an additional 49,811 shares during the last quarter. Finally, Strs Ohio purchased a new stake in AST SpaceMobile in the first quarter worth approximately $168,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company’s core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.

AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.