AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 10% – Time to Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 10% during trading on Monday . The company traded as high as $84.94 and last traded at $82.55. Approximately 33,252,142 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 15,770,774 shares. The stock had previously closed at $75.05.

AST SpaceMobile News Roundup

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

• Positive Sentiment: The company said it is accelerating manufacturing, regulatory progress, commercial partnerships, and government programs, and management emphasized that it remains on track with its 2026 outlook. AST SpaceMobile Provides Business Update and First Quarter 2026 Results
• Positive Sentiment: Investors were encouraged earlier in the day by reported speed breakthroughs and optimism around the company’s space-based cellular broadband network, which helped support the stock ahead of earnings. AST SpaceMobile’s stock is on the rise as investors gear up for earnings from the SpaceX rival
• Neutral Sentiment: AST SpaceMobile updated FY 2026 revenue guidance to $150 million-$200 million, compared with consensus near $180.8 million, suggesting the company still expects major top-line growth but is not yet profitable.
• Neutral Sentiment: The company highlighted its long-term goal of building a direct-to-device global cellular broadband network and pointed to its patent portfolio and large addressable market as part of the investment case. AST SpaceMobile (ASTS) Q1 2026 Earnings Transcript
• Negative Sentiment: Q1 EPS came in at a loss of $0.66, far worse than the analyst estimate of a $0.21 loss, while revenue of about $14.7 million also missed expectations by a wide margin. AST SpaceMobile shares drop on wider-than-expected first quarter loss
• Negative Sentiment: Investors are also weighing operational setbacks, including the loss of the BlueBird 7 satellite, which adds uncertainty around rollout timing and execution. AST SpaceMobile Weighs FCC Win Against BlueBird 7 Setback And Valuation

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ASTS shares. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Friday, March 27th. Wall Street Zen downgraded shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research report on Wednesday, April 15th. Barclays upped their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research report on Thursday, April 9th. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, B. Riley Financial reduced their price target on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $82.51.

AST SpaceMobile Trading Up 10.0%

The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The firm has a market cap of $31.54 billion, a PE ratio of -62.54 and a beta of 2.60. The company’s 50-day moving average is $85.85 and its 200 day moving average is $82.88.

AST SpaceMobile (NASDAQ:ASTS) last released its earnings results on Monday, May 11th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The company had revenue of $14.74 million during the quarter, compared to analysts’ expectations of $39.01 million. As a group, sell-side analysts predict that AST SpaceMobile, Inc. will post -0.99 EPS for the current year.

Insider Buying and Selling

In other AST SpaceMobile news, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $86.22, for a total value of $116,397,000.00. Following the completion of the sale, the insider owned 27,980,155 shares in the company, valued at $2,412,448,964.10. This represents a 4.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the completion of the sale, the chief technology officer owned 4,750 shares of the company’s stock, valued at approximately $422,180. The trade was a 89.39% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,080,000 shares of company stock valued at $274,452,000. Insiders own 20.89% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ASTS. REAP Financial Group LLC acquired a new position in shares of AST SpaceMobile during the 3rd quarter worth $25,000. Crewe Advisors LLC acquired a new position in shares of AST SpaceMobile during the 4th quarter worth $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile during the 4th quarter worth $25,000. Cornerstone Planning Group LLC increased its stake in shares of AST SpaceMobile by 16,350.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after purchasing an additional 327 shares during the last quarter. Finally, Byrne Asset Management LLC acquired a new position in shares of AST SpaceMobile during the 4th quarter worth $29,000. Institutional investors and hedge funds 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.