AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 4.4% on Disappointing Earnings

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price was down 4.4% during trading on Monday after the company announced weaker than expected quarterly earnings. The stock traded as low as $68.27 and last traded at $68.76. Approximately 12,809,373 shares were traded during trading, a decline of 29% from the average session volume of 18,128,504 shares. The stock had previously closed at $71.94.

The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.98 million.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile issued fiscal 2026 revenue guidance of $150 million to $200 million, a range that brackets consensus of $167.8 million and implies a midpoint modestly above expectations. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
• Positive Sentiment: The company highlighted continued expansion of its space-based cellular network, including the successful deployment of BlueBird 11, 12 and 13 satellites and integration testing with major European mobile operators. These developments support the long-term commercial rollout of direct-to-smartphone connectivity. Can ASTS’ Satellite Connectivity Rollout Across Europe Lift Shares?
• Neutral Sentiment: AST SpaceMobile’s technology platform, mobile-operator partnerships and intellectual-property portfolio remain central to its investment case, but the company is still in a heavy investment phase ahead of broader service deployment. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
• Negative Sentiment: Second-quarter results fell short of expectations: AST SpaceMobile reported an adjusted loss of $0.77 per share versus consensus for a $0.32 loss, while revenue of $31.52 million missed the $34.98 million estimate. The company also reported a deeply negative net margin, reinforcing concerns about near-term profitability and execution risk. AST SpaceMobile Quarterly Results

Analyst Ratings Changes

Several research firms recently weighed in on ASTS. Deutsche Bank Aktiengesellschaft cut shares of AST SpaceMobile from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $117.00 to $106.00 in a research report on Friday, May 29th. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. New Street Research set a $106.00 price target on AST SpaceMobile in a research report on Friday, May 29th. B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Friday, July 17th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $108.00 price target on shares of AST SpaceMobile in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $87.60.

Insiders Place Their Bets

In related news, Director Julio A. Torres sold 15,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the completion of the sale, the director owned 43,239 shares in the company, valued at approximately $3,300,865.26. This trade represents a 25.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 stock was sold at an average price of $96.37, for a total value of $3,854,800.00. Following the completion of the sale, the chief technology officer owned 34,750 shares in the company, valued at $3,348,857.50. This represents a 53.51% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 105,809 shares of company stock valued at $9,748,492. Insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of AST SpaceMobile by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after buying an additional 1,568,292 shares in the last quarter. Vodafone Ventures Ltd purchased a new stake in AST SpaceMobile in the fourth quarter valued at $397,413,000. Morgan Stanley increased its holdings in shares of AST SpaceMobile by 44.0% during the 4th quarter. Morgan Stanley now owns 4,661,551 shares of the company’s stock valued at $338,569,000 after purchasing an additional 1,425,199 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of AST SpaceMobile by 9.8% during the 4th quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock worth $328,749,000 after acquiring an additional 402,505 shares in the last quarter. Finally, State Street Corp raised its position in AST SpaceMobile by 9.7% during the fourth quarter. State Street Corp now owns 3,951,685 shares of the company’s stock worth $287,011,000 after acquiring an additional 350,690 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Stock Performance

The firm has a 50-day moving average price of $75.96 and a two-hundred day moving average price of $86.00. The firm has a market cap of $26.69 billion, a PE ratio of -38.63 and a beta of 2.76. The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11.

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.