AST SpaceMobile (NASDAQ:ASTS) Hits New 52-Week Low – Time to Sell?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $38.91 and last traded at $39.6220, with a volume of 589,639 shares. The stock had previously closed at $40.90.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: Scotiabank upgraded AST SpaceMobile to “Sector Outperform,” providing a near-term catalyst and signaling improved confidence in the company’s outlook. Scotiabank upgrade article
• Positive Sentiment: AST SpaceMobile’s stated plan to activate satellite-based cellular coverage across the United States, Canada, Japan, the United Kingdom and Saudi Arabia before the end of 2026 reinforces the company’s growth narrative, although execution remains critical. AST SpaceMobile service-readiness article
• Neutral Sentiment: T-REX will delist and liquidate its 2X Long ASTS Daily Target ETF, ASUP. The process could create temporary trading or flow effects in ASTS, but it does not represent a change in AST SpaceMobile’s operations or fundamentals. T-REX ETF liquidation article
• Negative Sentiment: Several law firms publicized a securities-fraud class action covering investors who purchased ASTS securities from March 4, 2025, through July 15, 2026. The allegations reportedly involve statements about the company’s capital and liquidity position, including claims that it was fully funded before subsequent convertible-note offerings. The November 13, 2026 lead-plaintiff deadline increases visibility around the legal overhang, though the allegations have not been proven. AST SpaceMobile class-action notice
• Negative Sentiment: ASTS recently fell more sharply than the broader market as investors reduced exposure to high-flying technology and space stocks. The stock remains well below its recent highs, highlighting elevated volatility and continued risk-off pressure. Space-stock selloff article

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a report on Monday, October 5th. Cantor Fitzgerald upped their target price on shares of AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Royal Bank Of Canada cut shares of AST SpaceMobile to a “sector perform” rating in a research report on Friday, October 2nd. Berenberg Bank assumed coverage on shares of AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a “buy” rating and a $92.00 target price for the company. Finally, Piper Sandler downgraded shares of AST SpaceMobile from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $98.00 to $54.00 in a research note on Tuesday, October 13th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, AST SpaceMobile presently has an average rating of “Hold” and a consensus price target of $80.67.

AST SpaceMobile Stock Up 2.6%

The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24. The business has a 50-day moving average price of $57.50 and a 200-day moving average price of $72.63. The firm has a market capitalization of $15.49 billion, a PE ratio of -18.59 and a beta of 2.72.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. The company had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. During the same period in the prior year, the business posted ($0.41) EPS. Equities research analysts forecast that AST SpaceMobile, Inc. will post -1.92 earnings per share for the current fiscal year.

Insider Activity at AST SpaceMobile

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total value of $2,357,200.00. Following the completion of the sale, the chief technology officer owned 34,750 shares of the company’s stock, valued at approximately $2,047,817.50. This represents a 53.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti Gupta sold 12,000 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total transaction of $706,680.00. Following the completion of the sale, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at approximately $27,264,892.20. This trade represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 20.89% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AST SpaceMobile

A number of institutional investors and hedge funds have recently made changes to their positions in ASTS. Compass Financial Management LLC purchased a new stake in shares of AST SpaceMobile during the 2nd quarter worth approximately $26,000. Grove Bank & Trust acquired a new position in AST SpaceMobile in the second quarter valued at $27,000. Continuum Advisory LLC purchased a new stake in AST SpaceMobile during the 2nd quarter valued at approximately $28,000. Cornerstone Planning Group LLC raised its stake in shares of AST SpaceMobile by 16,350.0% during the first 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, Portus Wealth Advisors LLC purchased a new position in AST SpaceMobile during the 1st quarter worth $30,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

About AST SpaceMobile

AST SpaceMobile, Inc is a space-based communications company developing a global cellular broadband network designed to connect directly with standard, unmodified mobile phones. Its technology is intended to extend wireless coverage beyond traditional terrestrial networks, including in rural, remote and underserved areas.

The company is building and deploying a constellation of large low Earth orbit satellites, known as the BlueBird satellite system. AST SpaceMobile plans to provide voice, messaging, data and broadband services through partnerships with mobile network operators, allowing subscribers to remain connected outside the reach of conventional cellular towers.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.