Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) shot up 5.8% during trading on Monday . The stock traded as high as $62.36 and last traded at $61.89. Approximately 10,492,231 shares changed hands during trading, a decline of 38% from the average daily volume of 16,789,070 shares. The stock had previously closed at $58.52.
More AST SpaceMobile News
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: AST SpaceMobile has 13 satellites in orbit and is advancing a potentially industry-first cellular broadband network that can connect directly with ordinary smartphones. The company’s BlueBird deployment is expected to approach roughly 45 satellites by early 2027, which could bring commercial coverage closer to meaningful scale. AST SpaceMobile Is Building Something the World Has Never Had AST SpaceMobile: The Next 30 Satellites Change Everything
- Positive Sentiment: Space stocks broadly rallied in Monday morning trading, lifting ASTS along with Rocket Lab and Intuitive Machines. The sector’s momentum and renewed investor interest in launch and satellite companies provided a favorable trading backdrop. Space Stocks Rally
- Neutral Sentiment: AST SpaceMobile’s carrier-focused strategy and potential access to billions of subscribers remain differentiators, but SpaceX and other competitors are increasing pressure. Commentary projecting a higher valuation is opinion-based rather than a new company forecast. Deployment and Competition Analysis
- Negative Sentiment: Several law firms publicized a securities-fraud class action covering investors who purchased ASTS shares from March 4, 2025, through July 15, 2026. The allegations include material misstatements or omissions regarding the company’s capital and liquidity position; the lead-plaintiff deadline is November 13, 2026. ASTS Securities Class Action
- Negative Sentiment: A report also attributed recent weakness to insider selling, which can weigh on investor sentiment even when the transactions do not necessarily indicate deteriorating business fundamentals. AST SpaceMobile Shares Down After Insider Selling
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ASTS. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price on the stock in a research note on Wednesday, July 29th. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a report on Friday, May 29th. UBS Group began coverage on shares of AST SpaceMobile in a report on Wednesday, September 2nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of AST SpaceMobile in a research report on Wednesday, August 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, AST SpaceMobile has a consensus rating of “Hold” and a consensus target price of $86.58.
AST SpaceMobile Price Performance
The firm has a market cap of $24.09 billion, a P/E ratio of -28.92 and a beta of 2.74. The company has a fifty day moving average of $63.03 and a 200-day moving average of $78.92. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The firm had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same period in the prior year, the firm earned ($0.41) earnings per share. On average, sell-side analysts anticipate that AST SpaceMobile, Inc. will post -1.95 EPS for the current fiscal year.
Insider Activity at AST SpaceMobile
In related news, COO Shanti Gupta sold 12,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were 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 can be accessed through this link. Also, Director Adriana Cisneros acquired 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The stock was purchased at an average cost of $57.22 per share, with a total value of $619,234.84. Following the completion of the transaction, the director directly owned 797,023 shares in the company, valued at $45,605,656.06. This represents a 1.38% increase in their position. The disclosure for this purchase is available in the SEC filing. 20.89% of the stock is owned by insiders.
Institutional Trading of AST SpaceMobile
A number of institutional investors and hedge funds have recently modified their holdings of ASTS. Focus Partners Wealth raised its stake in shares of AST SpaceMobile by 8,016.7% during the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company’s stock worth $92,000,000 after purchasing an additional 1,253,967 shares during the period. ABN Amro Investment Solutions bought a new stake in AST SpaceMobile in the first quarter worth about $996,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of AST SpaceMobile in the 4th quarter worth approximately $2,290,000. KBC Group NV lifted its stake in AST SpaceMobile by 259.5% in the first quarter. KBC Group NV now owns 23,438 shares of the company’s stock valued at $1,942,000 after purchasing an additional 16,918 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new position in AST SpaceMobile in the first quarter valued at approximately $1,329,000. 60.95% of the stock is owned by hedge funds and other institutional investors.
AST SpaceMobile Company Profile
AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.
The company’s primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.
Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.
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