AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 3.7% – Here’s Why

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s stock price traded up 3.7% during mid-day trading on Monday . The company traded as high as $59.50 and last traded at $58.29. 8,278,161 shares changed hands during trading, a decline of 55% from the average daily volume of 18,452,801 shares. The stock had previously closed at $56.20.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile scheduled the launch of BlueBird satellites 11, 12 and 13 for August 5 aboard a SpaceX Falcon 9. The deployment would expand network capacity and represents an important step toward commercial service. AST SpaceMobile Announces Launch Date for BlueBird Satellites 11, 12, and 13
• Positive Sentiment: Vodafone said the AST partnership remains worthwhile and is targeting an early-2027 U.K. beta launch. Vodafone indicated that approximately 45 satellites are needed to begin testing, providing a commercial milestone for ASTS. ASTS Stock Breaks 3-Day Slide: Vodafone Says AST Partnership Is Definitely Worth It
• Positive Sentiment: Scotiabank upgraded AST SpaceMobile from “sector underperform” to “sector perform,” signaling reduced bearishness, although its $50.80 price target remains below the stock’s recent trading level. Finviz AST SpaceMobile Analyst Upgrade
• Neutral Sentiment: Brokerages currently assign ASTS an average “Hold” recommendation, suggesting analysts see a balance between the company’s growth opportunity and execution, funding and valuation risks. AST SpaceMobile Given Average Recommendation of Hold
• Neutral Sentiment: Management will provide second-quarter 2026 results and a business update on August 10. Investors will likely focus on cash usage, satellite deployment progress, commercial agreements and the path to revenue scale. AST SpaceMobile Second Quarter 2026 Business Update Call
• Negative Sentiment: Amazon’s proposed 5,105-satellite constellation raises the risk of a capital-intensive pricing and market-share battle. Amazon and SpaceX can subsidize connectivity with broader businesses, potentially compressing margins and lowering the valuation investors assign to pure-play ASTS. Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
• Negative Sentiment: ASTS declined amid a broad space-sector selloff, as investors reassessed elevated valuations, negative earnings and execution risks across satellite and launch companies. Space Stocks Face Broad-Based Selloff
• Negative Sentiment: Pomerantz LLP announced an investigation into potential investor claims involving AST SpaceMobile. The announcement does not establish wrongdoing, but securities-law investigations can add reputational and legal uncertainty. Pomerantz Investor Alert

Analysts Set New Price Targets

ASTS has been the topic of a number of recent research reports. New Street Research set a $106.00 price objective on AST SpaceMobile in a research note on Friday, May 29th. Roth Capital reissued a “buy” rating and set a $108.00 price target on shares of AST SpaceMobile in a research note on Tuesday, May 12th. Piper Sandler assumed coverage on AST SpaceMobile in a research report on Wednesday, July 15th. They set an “overweight” rating and a $100.00 target price for the company. Barclays boosted their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research report on Thursday, April 9th. Finally, Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, AST SpaceMobile currently has a consensus rating of “Hold” and a consensus price target of $87.60.

AST SpaceMobile Price Performance

The firm has a market cap of $22.45 billion, a P/E ratio of -32.90 and a beta of 2.69. The company has a fifty day moving average of $83.58 and a 200-day moving average of $88.08. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 18.37.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.66) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.43). AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The company had revenue of $14.73 million for the quarter, compared to the consensus estimate of $39.01 million. During the same quarter last year, the business posted ($0.20) earnings per share. AST SpaceMobile’s revenue was up 1952.2% on a year-over-year basis. On average, sell-side analysts anticipate that AST SpaceMobile, Inc. will post -1.38 EPS for the current fiscal year.

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $96.37, for a total transaction of $3,854,800.00. Following the transaction, the chief technology officer owned 34,750 shares of the company’s stock, valued at $3,348,857.50. This trade represents a 53.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrew Martin Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at approximately $47,244,498.39. This represents a 8.34% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 105,809 shares of company stock worth $9,748,492. Insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

A number of hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in AST SpaceMobile by 11.8% in 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. increased its position 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 purchasing an additional 3,515 shares during the last quarter. Millennium Management LLC increased its position in shares of AST SpaceMobile by 16.1% during the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock valued at $10,634,000 after purchasing an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of AST SpaceMobile by 18.1% during 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 purchasing an additional 49,811 shares during the period. Finally, Strs Ohio bought a new stake in shares of AST SpaceMobile during the 1st quarter worth $168,000. 60.95% of the stock is currently owned by institutional investors.

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.