AST SpaceMobile (NASDAQ:ASTS) Given New $90.00 Price Target at Cantor Fitzgerald

AST SpaceMobile (NASDAQ:ASTS) had its price target boosted by research analysts at Cantor Fitzgerald from $80.00 to $90.00 in a report issued on Tuesday, Marketbeat.com reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 30.89% from the company’s previous close.

Several other research analysts also recently commented on ASTS. UBS Group reduced their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. 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 research note on Wednesday, July 29th. B. Riley Financial raised AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a report on Friday, July 17th. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a research report on Friday, May 29th. Finally, Wall Street Zen downgraded shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, AST SpaceMobile currently has an average rating of “Hold” and a consensus target price of $87.87.

AST SpaceMobile Stock Down 4.4%

Shares of ASTS stock opened at $68.76 on Tuesday. AST SpaceMobile has a 52-week low of $36.08 and a 52-week high of $133.86. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of -38.63 and a beta of 2.76. The firm’s 50-day moving average is $75.22 and its 200-day moving average is $85.69. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). The business had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.98 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.During the same quarter in the previous year, the business posted ($0.41) EPS. Sell-side analysts predict that AST SpaceMobile will post -1.38 EPS for the current year.

Insider Transactions at AST SpaceMobile

In other news, CFO Andrew Martin Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction 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 completion of the sale, the chief financial officer owned 503,619 shares of the company’s stock, valued at approximately $47,244,498.39. This trade represents a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief technology officer directly owned 34,750 shares of the company’s stock, valued at approximately $3,348,857.50. The trade was a 53.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 105,809 shares of company stock valued at $9,748,492. 20.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Calton & Associates Inc. increased its holdings in shares of AST SpaceMobile by 0.8% during the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after purchasing an additional 104 shares during the period. Investmark Advisory Group LLC grew its position in AST SpaceMobile by 2.7% during the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock worth $337,000 after buying an additional 120 shares in the last quarter. Atlantic Union Bankshares Corp grew its position in AST SpaceMobile by 18.2% during the fourth quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock worth $67,000 after buying an additional 142 shares in the last quarter. Larson Financial Group LLC increased its stake in AST SpaceMobile by 39.0% during the 4th quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock worth $37,000 after acquiring an additional 144 shares during the period. Finally, Capital Advisors Ltd. LLC raised its holdings in AST SpaceMobile by 6.6% in the 1st quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company’s stock valued at $219,000 after acquiring an additional 164 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile News Summary

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

• Positive Sentiment: Management maintained a 2026 revenue outlook of $150 million to $200 million, broadly bracketing the roughly $167.8 million analyst consensus. The company also reaffirmed its longer-term $1 billion revenue goal, supporting the growth story if satellite deployment and commercial service launches remain on schedule. AST SpaceMobile Raises Revenue Outlook as Satellite Network Expands
• Positive Sentiment: AST SpaceMobile reported a backlog of approximately $1.3 billion, booked 10 launches, and said BlueBird satellite production has advanced through satellite 46. It is targeting approximately 45 satellites in orbit in early 2027, which could expand network capacity and commercial coverage. AST SpaceMobile Posts Q2 Misses, Backlog Grows to $1.3 Billion
• Positive Sentiment: Recent BlueBird launches and European testing with major mobile operators provide potential catalysts, particularly if ASTS converts trials and partnerships into recurring service revenue. Can ASTS’ Satellite Connectivity Rollout Across Europe Lift Shares?
• Neutral Sentiment: The broader market backdrop was cautious because of inflation concerns and uncertainty surrounding the Strait of Hormuz, potentially adding volatility to high-beta growth stocks such as ASTS. AST SpaceMobile, Intel, On, Hims, and More Stocks That Explain Today’s Market
• Negative Sentiment: Second-quarter revenue was $31.52 million, below the $34.98 million estimate, while the reported loss was substantially worse than expected. Results compared with a $0.41-per-share loss a year earlier, highlighting continued heavy investment and execution risk. AST SpaceMobile, Inc. Reports Q2 Loss, Lags Revenue Estimates

AST SpaceMobile Company Profile

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.