AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) has been assigned an average recommendation of “Reduce” from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $82.5143.
ASTS has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research note on Wednesday, March 4th. Scotiabank cut shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective on the stock. in a research note on Wednesday, January 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. New Street Research set a $115.00 price objective on shares of AST SpaceMobile in a research note on Monday. Finally, Barclays lifted their price objective on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th.
Read Our Latest Stock Analysis on AST SpaceMobile
Insider Buying and Selling
Institutional Trading of AST SpaceMobile
A number of hedge funds have recently added to or reduced their stakes in the stock. Advocate Investing Services LLC acquired a new stake in AST SpaceMobile in the first quarter valued at approximately $31,000. Caldwell Trust Co acquired a new stake in AST SpaceMobile in the first quarter valued at approximately $83,000. Pictet Asset Management Holding SA boosted its position in AST SpaceMobile by 146.8% in the first quarter. Pictet Asset Management Holding SA now owns 79,666 shares of the company’s stock valued at $6,602,000 after buying an additional 47,385 shares in the last quarter. MBE Wealth Management LLC boosted its position in AST SpaceMobile by 1.3% in the first quarter. MBE Wealth Management LLC now owns 49,057 shares of the company’s stock valued at $4,065,000 after buying an additional 640 shares in the last quarter. Finally, Aaron Wealth Advisors LLC acquired a new stake in AST SpaceMobile in the first quarter valued at approximately $223,000. Institutional investors and hedge funds own 60.95% of the company’s stock.
Trending Headlines about AST SpaceMobile
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: FCC granted commercial authority to operate AST’s low‑Earth‑orbit SpaceMobile system and provide direct‑to‑device cellular broadband across the U.S., materially reducing regulatory uncertainty for AST’s business model. FCC Grants AST SpaceMobile Commercial Authority (Business Wire)
- Positive Sentiment: Media coverage frames the FCC decision as a validation of SpaceMobile’s technology and a catalyst for a rebound after the recent launch setback, supporting renewed investor confidence. ASTS gains as FCC approval validates SpaceMobile technology (MSN)
- Neutral Sentiment: Analysts and outlets note the FCC “green light” is important but emphasize execution risk remains — AST still must deploy up to 248 satellites, integrate with carriers, and restore momentum after the recent loss. That tempers the upside until operational milestones are met. AST SpaceMobile Gains FCC Green Light But Execution Risks Remain (Yahoo Finance)
- Negative Sentiment: Blue Origin’s BlueBird 7 mission placed AST’s satellite into the wrong (too low) orbit, causing missed deployment and timeline risk — the mishap previously sent shares sharply lower and raises reliance on launch partners for schedule recovery. AST SpaceMobile Drops 15% After Blue Origin Satellite Mishap (MarketBeat)
- Negative Sentiment: Market cap and sentiment took a hit after the failure (roughly $2B lost in market value in some reports); commentators highlight high valuation, refinancing and execution risks if further delays occur. AST SpaceMobile loses $2B in market cap on setback (TheStreet)
- Negative Sentiment: Lawsuit/investigation risk: the Portnoy Law Firm has opened an investigation into possible securities claims, which can increase legal overhang and volatility for shareholders. AST SpaceMobile Investigated by the Portnoy Law Firm (GlobeNewswire)
AST SpaceMobile Stock Performance
Shares of NASDAQ:ASTS opened at $84.66 on Monday. The company’s 50 day simple moving average is $87.91 and its 200 day simple moving average is $83.72. The stock has a market capitalization of $32.34 billion, a price-to-earnings ratio of -64.14 and a beta of 2.81. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27. AST SpaceMobile has a 1 year low of $22.07 and a 1 year high of $129.89.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). The firm had revenue of $54.31 million during the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. AST SpaceMobile’s revenue for the quarter was up 2731.3% compared to the same quarter last year. As a group, research analysts predict that AST SpaceMobile will post -0.99 EPS for the current fiscal year.
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.
Read More
Receive News & Ratings for AST SpaceMobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AST SpaceMobile and related companies with MarketBeat.com's FREE daily email newsletter.
