AST SpaceMobile (NASDAQ:ASTS) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

AST SpaceMobile (NASDAQ:ASTS) posted its quarterly earnings data on Monday. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.02), FiscalAI reports. The firm had revenue of $42.32 million for the quarter, compared to analysts’ expectations of $45.73 million. AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%.

AST SpaceMobile Stock Performance

Shares of ASTS stock traded up $4.56 during mid-day trading on Monday, reaching $36.89. 27,326,582 shares of the company’s stock traded hands, compared to its average volume of 16,811,486. AST SpaceMobile has a 12 month low of $27.58 and a 12 month high of $133.86. The firm has a 50 day moving average price of $52.17 and a two-hundred day moving average price of $76.01. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. The firm has a market capitalization of $14.36 billion, a PE ratio of -17.24 and a beta of 2.88.

Insider Transactions at AST SpaceMobile

In related news, COO Shanti B. Gupta sold 12,000 shares of AST SpaceMobile stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the transaction, the chief operating officer directly owned 462,980 shares in the company, valued at approximately $27,264,892.20. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the business’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 sale, the chief technology officer directly owned 34,750 shares of the company’s stock, valued at $2,047,817.50. This represents a 53.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.89% of the stock is currently owned by company insiders.

AST SpaceMobile News Roundup

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

• Positive Sentiment: AST SpaceMobile and Rakuten Group established Rakuten AST, a joint venture to build a direct-to-device satellite network in Japan. Reports point to about $1 billion in expected government support, giving AST a potential government-backed customer and a path into a market where major carriers use Starlink. Rakuten and AST SpaceMobile establish joint venture
• Neutral Sentiment: A broader rebound in space stocks and the market, plus possible short covering ahead of earnings, may also have supported ASTS; these factors are less specific to the company’s underlying outlook. What is driving the pre-earnings rally
• Negative Sentiment: Third-quarter results missed analyst expectations: AST reported a loss of $0.44 per share versus an expected $0.42 loss, while revenue of $42.32 million fell short of the $45.73 million consensus. The shortfall may temper optimism from the partnership announcement. Third-quarter 2026 results and business update
• Negative Sentiment: Analyst caution and litigation remain risks: UBS cut its price target to $43 from $62, and Scotiabank moved to Sell with a $45.60 target. A securities class action alleges the company made misleading statements about its capital position and competitive lead; the allegations are not proven. Lawsuit notice and analyst target changes

Analyst Upgrades and Downgrades

ASTS has been the topic of several research reports. UBS Group assumed coverage on AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a “buy” rating on the stock. Berenberg Bank assumed coverage on AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating and a $92.00 price target for the company. Deutsche Bank Aktiengesellschaft raised shares of AST SpaceMobile from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a research report on Monday, October 12th. Royal Bank Of Canada cut shares of AST SpaceMobile to a “sector perform” rating in a research note on Friday, October 2nd. Finally, Piper Sandler cut shares of AST SpaceMobile from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $98.00 to $54.00 in a research note on Tuesday, October 13th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $80.67.

About AST SpaceMobile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect directly with standard mobile phones, without requiring users to purchase specialized satellite devices. Its planned services include voice calls, text messaging and mobile broadband, delivered through partnerships with mobile network operators and integrated with their existing networks.

The company is developing and deploying its BlueBird satellite system to provide coverage in areas where terrestrial cellular networks are unavailable or limited.