AST SpaceMobile (NASDAQ:ASTS) Shares Climb 2.3% – Should You Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s stock price traded up 2.3% on Tuesday. The stock traded as high as $38.68 and last traded at $37.15. 9,193,900 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 16,608,871 shares. The stock had previously closed at $36.33.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile said it will support a contractor on a U.S. Space Force project advancing space-based sensing technology. The award adds a government-program opportunity, though the announcement did not disclose its value. AST SpaceMobile awarded U.S. Space Force contract
• Positive Sentiment: Recent reports also highlighted Chile’s authorization for AST’s local unit to provide nationwide mobile satellite services under a 30-year concession, and a successful AT&T test of handoffs between cellular towers and satellites. Both developments support the company’s commercial rollout ambitions. Chile clears AST SpaceMobile for nationwide satellite service ASTS handoff test with AT&T
• Neutral Sentiment: ASTS faces a Q3 earnings test, with one report citing expectations for strong year-over-year revenue growth. Options-market activity points to expectations of a potentially large share move, but neither growth forecasts nor options positioning indicate whether results will beat expectations. AST SpaceMobile faces earnings test Options traders expect a large move in ASTS
• Negative Sentiment: Multiple law firms publicized a filed securities class action involving investors who bought ASTS shares from March 4, 2025, through July 15, 2026. The complaint reportedly alleges misleading statements about the company’s competitive position, user adoption and capital position. The November 13 lead-plaintiff deadline and resulting legal and reputational uncertainty may weigh on sentiment. ASTS shareholder alert and lawsuit allegations
• Negative Sentiment: AST SpaceMobile also moved lower alongside other space stocks in a market report describing sector-wide weakness. That suggests broader risk aversion may be adding pressure beyond company-specific news. Space stocks fall amid broader sector pressure

Analyst Ratings Changes

Several analysts recently issued reports on ASTS shares. Berenberg Bank assumed coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating and a $92.00 price objective for the company. UBS Group began coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They issued a “buy” rating on the stock. B. Riley Financial cut AST SpaceMobile from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $85.00 to $65.00 in a report on Friday, October 2nd. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a research report on Monday, October 5th. Finally, Scotiabank raised AST SpaceMobile from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $50.80 to $55.70 in a report on Friday, October 23rd. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, AST SpaceMobile has an average rating of “Hold” and a consensus target price of $80.67.

AST SpaceMobile Stock Performance

The firm’s 50 day moving average price is $52.75 and its two-hundred day moving average price is $76.41. 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 cap of $11.75 billion, a PE ratio of -14.11 and a beta of 2.88.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings results 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 analyst estimates of $34.53 million. During the same quarter in the prior year, the business earned ($0.41) EPS. On average, research analysts forecast that AST SpaceMobile, Inc. will post -1.91 earnings per share for the current year.

Insiders Place Their Bets

In other AST SpaceMobile news, Director Adriana Cisneros bought 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The shares were bought at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the completion of the transaction, the director directly owned 797,023 shares of the company’s stock, valued at $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction on 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 completion of the sale, the chief technology officer owned 34,750 shares in the company, valued at $2,047,817.50. This represents a 53.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.89% of the stock is owned by insiders.

Institutional Trading of AST SpaceMobile

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Hollencrest Capital Management raised its holdings in AST SpaceMobile by 11.7% in the first quarter. Hollencrest Capital Management now owns 1,592 shares of the company’s stock valued at $132,000 after acquiring an additional 167 shares in the last quarter. Byrne Asset Management LLC lifted its stake in AST SpaceMobile by 17.0% in the third quarter. Byrne Asset Management LLC now owns 1,170 shares of the company’s stock worth $67,000 after acquiring an additional 170 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in AST SpaceMobile by 15.5% in the second quarter. TD Waterhouse Canada Inc. now owns 1,404 shares of the company’s stock worth $121,000 after acquiring an additional 188 shares during the last quarter. MGO One Seven LLC grew its holdings in AST SpaceMobile by 1.9% during the 3rd quarter. MGO One Seven LLC now owns 12,536 shares of the company’s stock worth $738,000 after acquiring an additional 239 shares in the last quarter. Finally, Salvus Wealth Management LLC grew its holdings in AST SpaceMobile by 0.4% during the 3rd quarter. Salvus Wealth Management LLC now owns 70,662 shares of the company’s stock worth $4,159,000 after acquiring an additional 263 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc is a space-based communications company developing a global cellular broadband network designed to connect directly with standard, unmodified mobile phones. Its technology is intended to extend wireless coverage beyond traditional terrestrial networks, including in rural, remote and underserved areas.

The company is building and deploying a constellation of large low Earth orbit satellites, known as the BlueBird satellite system. AST SpaceMobile plans to provide voice, messaging, data and broadband services through partnerships with mobile network operators, allowing subscribers to remain connected outside the reach of conventional cellular towers.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.