B. Riley Has Bullish Outlook for AST SpaceMobile Q3 Earnings

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Stock analysts at B. Riley upped their Q3 2025 earnings per share (EPS) estimates for AST SpaceMobile in a research report issued on Thursday, October 23rd. B. Riley analyst M. Crawford now expects that the company will post earnings of ($0.10) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for AST SpaceMobile’s current full-year earnings is ($0.40) per share. B. Riley also issued estimates for AST SpaceMobile’s Q4 2025 earnings at ($0.10) EPS and FY2026 earnings at ($0.34) EPS.

AST SpaceMobile (NASDAQ:ASTS) last released its earnings results on Monday, August 11th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.22). The firm had revenue of $1.16 million during the quarter, compared to the consensus estimate of $6.37 million. AST SpaceMobile had a negative return on equity of 26.81% and a negative net margin of 7,213.90%.

A number of other research firms also recently weighed in on ASTS. Scotiabank downgraded AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $42.90 target price for the company. in a research report on Tuesday, October 7th. Roth Capital restated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, August 12th. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, October 8th. William Blair started coverage on AST SpaceMobile in a research note on Thursday, August 21st. They issued a “market perform” rating on the stock. Finally, Barclays cut AST SpaceMobile from an “overweight” rating to an “underweight” rating and set a $60.00 price target on the stock. in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $45.27.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $79.45 on Monday. The business has a 50 day moving average of $58.23 and a 200 day moving average of $44.86. The company has a market capitalization of $28.48 billion, a price-to-earnings ratio of -42.04 and a beta of 2.41. AST SpaceMobile has a 1-year low of $17.50 and a 1-year high of $102.79. The company has a debt-to-equity ratio of 0.42, a current ratio of 8.23 and a quick ratio of 8.23.

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $40.58, for a total value of $1,623,200.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at approximately $192,755. This trade represents a 89.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Andrew Martin Johnson sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $52.48, for a total value of $1,049,600.00. Following the completion of the transaction, the chief financial officer directly owned 397,485 shares in the company, valued at $20,860,012.80. The trade was a 4.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 41.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ASTS. GAMMA Investing LLC raised its stake in shares of AST SpaceMobile by 388.7% in the first quarter. GAMMA Investing LLC now owns 1,559 shares of the company’s stock worth $35,000 after buying an additional 1,240 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of AST SpaceMobile by 58.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 16,249 shares of the company’s stock worth $370,000 after purchasing an additional 5,973 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of AST SpaceMobile in the 1st quarter worth approximately $331,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of AST SpaceMobile by 49.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 58,479 shares of the company’s stock worth $1,330,000 after purchasing an additional 19,352 shares during the period. Finally, Asset Management One Co. Ltd. purchased a new position in AST SpaceMobile during the 1st quarter valued at $162,000. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.