AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 8.5% – Should You Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) was down 8.5% during mid-day trading on Friday. The stock traded as low as $40.02 and last traded at $40.66. Approximately 17,009,199 shares changed hands during trading, an increase of 1% from the average daily volume of 16,811,486 shares. The stock had previously closed at $44.46.

AST SpaceMobile News Summary

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

• Positive Sentiment: AST SpaceMobile and TELUS completed an integration test connecting TELUS’ terrestrial network with AST’s satellite system. The test supports the company’s plan to provide direct-to-smartphone connectivity in remote and underserved areas of Canada, although commercial execution remains ahead. Launch Delays Could Change The Case For AST SpaceMobile Stock
• Neutral Sentiment: Some options-market commentary points to a potentially attractive bullish trade after the selloff. This may encourage speculative buying, but it does not change the company’s underlying execution and financing risks. Why There Might Be a Mathematical Incentive to Bet on AST SpaceMobile Stock’s 227% Options Spread
• Negative Sentiment: SpaceX’s expanding Starlink spectrum access and satellite deployment capabilities are intensifying competition. Investors are increasingly concerned that SpaceX could limit AST’s access to spectrum, customers or launch capacity, weakening AST’s long-term growth case. AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
• Negative Sentiment: Piper Sandler downgraded AST SpaceMobile from Overweight to Neutral. Separately, analyst Tim Farrar warned that AST may not reach a 60-satellite constellation until 2028, raising concerns about launch availability, service timing and the company’s revenue outlook. ASTS Stock Heads For Worst Year Since Listing
• Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought ASTS securities from March 4, 2025, through July 15, 2026. Allegations include misleading disclosures about liquidity and capital needs after the company issued approximately $3 billion of convertible notes. The lead-plaintiff deadline is November 13, 2026. AST SpaceMobile Class Action Announcement
• Negative Sentiment: Investors remain concerned about repeated earnings misses and launch delays. AST SpaceMobile’s latest reported quarter missed both EPS and revenue expectations, reinforcing worries that substantial spending and financing needs may continue before the satellite network generates meaningful revenue.

Analysts Set New Price Targets

ASTS has been the subject of a number of research reports. UBS Group assumed coverage on shares of AST SpaceMobile in a report on Wednesday, September 2nd. They set a “buy” rating for the company. Berenberg Bank began coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating and a $92.00 price target on the stock. Royal Bank Of Canada cut shares of AST SpaceMobile to a “sector perform” rating in a research note on Friday, October 2nd. Piper Sandler downgraded shares of AST SpaceMobile from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $98.00 to $54.00 in a research report on Tuesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, September 21st. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $80.18.

AST SpaceMobile Trading Down 8.5%

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 stock has a market capitalization of $15.82 billion, a PE ratio of -19.00 and a beta of 2.72. The stock has a 50-day moving average price of $60.60 and a two-hundred day moving average price of $74.19.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data 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). 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 net margin of 536.66% and a negative return on equity of 22.88%. During the same quarter last year, the firm posted ($0.41) earnings per share. As a group, equities analysts forecast that AST SpaceMobile, Inc. will post -1.92 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Adriana Cisneros purchased 10,822 shares of the company’s stock in a transaction on Monday, August 31st. The stock was acquired at an average cost 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 in the company, valued at $45,605,656.06. This trade represents a 1.38% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 transaction of $706,680.00. Following the completion of the sale, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at approximately $27,264,892.20. This trade represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 20.89% of the stock is owned by company insiders.

Institutional Trading of AST SpaceMobile

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in AST SpaceMobile by 140.3% in the 1st quarter. Bank of America Corp DE now owns 1,644,246 shares of the company’s stock worth $136,259,000 after buying an additional 960,045 shares during the period. First Trust Advisors LP increased its stake in AST SpaceMobile by 14.3% in the 1st quarter. First Trust Advisors LP now owns 1,316,852 shares of the company’s stock worth $109,128,000 after buying an additional 164,303 shares in the last quarter. Tidal Investments LLC increased its stake in AST SpaceMobile by 9,876.8% in the 2nd 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. Tema ETFs LLC raised its holdings in AST SpaceMobile by 109,486.8% during the second quarter. Tema ETFs LLC now owns 1,003,815 shares of the company’s stock valued at $89,199,000 after acquiring an additional 1,002,899 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in AST SpaceMobile by 21.5% during the first quarter. Bank of New York Mellon Corp now owns 837,559 shares of the company’s stock valued at $69,409,000 after acquiring an additional 148,464 shares during the period. 60.95% of the stock is currently owned by institutional investors.

About AST SpaceMobile

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.