AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 1.3% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price dropped 1.3% on Monday. The company traded as low as $60.27 and last traded at $61.00. Approximately 7,468,981 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 16,571,643 shares. The stock had previously closed at $61.81.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: A newly disclosed change-of-control severance plan for AST SpaceMobile’s CEO and other senior executives fueled speculation that the company could become an acquisition target. The plan does not confirm that a sale is being pursued, but the possibility briefly supported the stock. AST SpaceMobile Rises 5% as New Change-of-Control Severance Plan Fuels Buyout Speculation
• Positive Sentiment: AT&T CEO John Stankey questioned the viability of SpaceX’s proposed rooftop cellular strategy, citing deployment costs and the need for property-owner permissions. Because AT&T is an ASTS partner, the comments may ease some concerns about competitive disruption to AST’s direct-to-smartphone satellite network. ASTS Stock Partner AT&T Questions SpaceX’s Plan to Disrupt Wireless Carriers
• Neutral Sentiment: Analyst-style comparisons with SES and Firefly Aerospace highlight ASTS’s exposure to the rapidly growing space-infrastructure market, but also its higher risk, lack of profitability and valuation sensitivity. AST SpaceMobile and SES Financial Comparison
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who bought ASTS shares from March 4, 2025, through July 15, 2026. The lawsuits allege that AST SpaceMobile misrepresented whether its cash position was sufficient and failed to adequately disclose capital needs, including approximately $3 billion of convertible-note offerings and related dilution. These are allegations, not established findings, but the litigation increases legal, reputational and financing risk. Investors seeking lead-plaintiff status face a November 13, 2026 deadline. Kaplan Fox Announces Securities Class Action Against AST SpaceMobile
• Negative Sentiment: SpaceX’s Starship reportedly reached orbit and deployed satellites for the first time, reinforcing competitive concerns for satellite-connectivity companies and contributing to weakness across the sector, including ASTS. SpaceX Starship Achieves First Orbital Satellite Deployment

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group assumed coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft set a $93.00 target price on AST SpaceMobile in a research report on Wednesday, August 12th. B. Riley Financial upgraded AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Friday, July 17th. Cantor Fitzgerald increased their price target on AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Finally, Piper Sandler decreased their price target on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, AST SpaceMobile presently has an average rating of “Hold” and a consensus target price of $86.58.

AST SpaceMobile Stock Performance

The stock has a market capitalization of $23.12 billion, a price-to-earnings ratio of -27.76 and a beta of 2.74. The company’s fifty day simple moving average is $62.88 and its 200 day simple moving average is $77.39. The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24.

AST SpaceMobile (NASDAQ:ASTS) last announced its 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). The company had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.53 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.During the same period in the previous year, the firm posted ($0.41) EPS. On average, equities research analysts expect that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.93, for a total value of $2,357,200.00. Following the transaction, 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti B. Gupta sold 12,000 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total value of $706,680.00. Following the transaction, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. The trade was a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 20.89% of the stock is owned by corporate insiders.

Institutional Trading of AST SpaceMobile

Several hedge funds and other institutional investors have recently bought and sold shares of ASTS. QRG Capital Management Inc. boosted its holdings in AST SpaceMobile by 11.6% in the 2nd quarter. QRG Capital Management Inc. now owns 8,496 shares of the company’s stock valued at $755,000 after purchasing an additional 886 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of AST SpaceMobile by 21.0% in the second quarter. Sequoia Financial Advisors LLC now owns 5,309 shares of the company’s stock valued at $472,000 after buying an additional 920 shares during the period. Tidal Investments LLC grew its position in AST SpaceMobile by 9,876.8% during the second quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock worth $93,220,000 after buying an additional 1,038,546 shares in the last quarter. IPG Investment Advisors LLC increased its stake in AST SpaceMobile by 15.9% during the 2nd quarter. IPG Investment Advisors LLC now owns 8,660 shares of the company’s stock worth $770,000 after acquiring an additional 1,185 shares during the period. Finally, MCF Advisors LLC increased its stake in AST SpaceMobile by 365.1% during the 2nd quarter. MCF Advisors LLC now owns 1,372 shares of the company’s stock worth $122,000 after acquiring an additional 1,077 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.