Brokerages Set AST SpaceMobile, Inc. (NASDAQ:ASTS) PT at $86.58

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) have been given a consensus recommendation of “Hold” by the thirteen research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $86.58.

Several equities research analysts have weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. New Street Research set a $106.00 price objective on shares of AST SpaceMobile in a report on Friday, May 29th. Berenberg Bank assumed coverage on shares of AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a “buy” rating and a $92.00 price objective for the company. Scotiabank upgraded shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price for the company in a research note on Wednesday, July 29th. Finally, B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Friday, July 17th.

More AST SpaceMobile News

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

• Positive Sentiment: AST SpaceMobile’s satellite-to-smartphone strategy remains supported by its large antenna technology and patent portfolio, which investors view as potential competitive advantages in the market for direct-to-cell connectivity. AST SpaceMobile patent and Starlink competition article
• Neutral Sentiment: Analysts’ consensus recommendation remains “Hold,” reflecting the company’s long-term growth opportunity but also its substantial execution, valuation and profitability risks. Several analysts maintain Buy or Overweight ratings with targets above the current trading range. AST SpaceMobile analyst recommendation article
• Negative Sentiment: Several law firms are publicizing a securities class action filed against AST SpaceMobile and certain executives. The complaint alleges misleading statements concerning the company’s capital needs, potential dilution and debt, competitive position, and customer adoption in the United States and Japan. The allegations have not been proven, but the litigation adds reputational and potential financial risk; the lead-plaintiff deadline is November 13, 2026. AST SpaceMobile securities class action article
• Negative Sentiment: COO Shanti Gupta sold 12,000 shares for about $707,000, while CTO Huiwen Yao sold 40,000 shares worth approximately $2.36 million. Yao’s sale was made under a pre-arranged Rule 10b5-1 plan, which limits its significance as a discretionary bearish signal, but the transactions may still weigh on investor sentiment. AST SpaceMobile insider sales article
• Negative Sentiment: AST SpaceMobile has not yet announced shipment, arrival or launch dates for BlueBirds 14–16. Any additional delay could heighten concerns about constellation deployment and the pace of commercial service expansion.

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, COO Shanti B. Gupta sold 12,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at approximately $27,264,892.20. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief technology officer owned 34,750 shares in the company, valued at approximately $2,047,817.50. This represents a 53.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 20.89% of the company’s stock.

Hedge Funds Weigh In On AST SpaceMobile

Several large investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in AST SpaceMobile by 9.8% during the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock valued at $328,749,000 after buying an additional 402,505 shares during the period. Norges Bank acquired a new position in shares of AST SpaceMobile in the fourth quarter worth about $198,270,000. Bank of America Corp DE raised its position in shares of AST SpaceMobile by 140.3% in the first quarter. Bank of America Corp DE now owns 1,644,246 shares of the company’s stock worth $136,259,000 after acquiring an additional 960,045 shares during the period. First Trust Advisors LP boosted its stake in shares of AST SpaceMobile by 14.3% during the 1st quarter. First Trust Advisors LP now owns 1,316,852 shares of the company’s stock worth $109,128,000 after acquiring an additional 164,303 shares in the last quarter. Finally, Focus Partners Wealth boosted 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 acquiring an additional 1,253,967 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile Stock Performance

Shares of ASTS opened at $58.52 on Thursday. AST SpaceMobile has a 12 month low of $41.87 and a 12 month high of $133.86. The stock has a fifty day moving average price of $63.03 and a 200-day moving average price of $78.98. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The firm has a market cap of $22.77 billion, a PE ratio of -27.35 and a beta of 2.74.

AST SpaceMobile (NASDAQ:ASTS) last announced its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same quarter last year, the firm earned ($0.41) earnings per share. Equities research analysts predict that AST SpaceMobile will post -1.95 earnings per share for the current fiscal year.

About AST SpaceMobile

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.