AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report)’s share price rose 2.7% on Thursday . The company traded as high as $133.86 and last traded at $133.09. Approximately 21,072,529 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 17,186,109 shares. The stock had previously closed at $129.60.
More AST SpaceMobile News
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: ASTS is benefiting from a sector-wide rerating as SpaceX IPO buzz lifts interest in space infrastructure names, which has helped push the stock sharply higher. ASTS adds $10B in market cap on bold industry developments
- Positive Sentiment: Coverage of ASTS’s June launch schedule keeps its 2026 satellite rollout plan in focus, reinforcing the bull case that the company is moving closer to commercial execution. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- Positive Sentiment: Investors remain focused on ASTS’s satellite-to-smartphone technology, FCC progress, and telecom deals as long-term growth drivers. Zacks Investment Ideas feature highlights: AST SpaceMobile
- Positive Sentiment: Europe’s push for satellite independence is drawing attention to ASTS’s Vodafone joint venture, which could support future demand and expansion. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
- Neutral Sentiment: Social-media chatter is adding momentum, but this is mostly sentiment-driven rather than a new business development. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
- Negative Sentiment: Some commentary flags valuation risk, debt, and dilution concerns, which could weigh on the stock if execution slows or the space-stock rally cools. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)
- Negative Sentiment: Recent insider selling by President Scott Wisniewski may be viewed cautiously by investors, even though it was a relatively small portion of his holdings. Insider Selling: AST SpaceMobile (NASDAQ:ASTS) President Sells 25,904 Shares of Stock
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Wall Street Zen lowered AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. Roth Mkm reaffirmed a “buy” rating and set a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday, May 12th. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. UBS Group dropped their price objective on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $79.45.
AST SpaceMobile Stock Performance
The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11. The stock has a fifty day moving average of $86.86 and a 200-day moving average of $84.60. The stock has a market cap of $51.65 billion, a PE ratio of -74.77 and a beta of 2.60.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The company had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $39.01 million. During the same period in the prior year, the business earned ($0.20) EPS. The business’s quarterly revenue was up 1952.2% compared to the same quarter last year. On average, equities analysts forecast that AST SpaceMobile, Inc. will post -1.47 EPS for the current year.
Insiders Place Their Bets
In other AST SpaceMobile news, major shareholder Hiroshi Mikitani sold 1,350,000 shares of AST SpaceMobile stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total value of $116,397,000.00. Following the sale, the insider owned 27,980,155 shares of the company’s stock, valued at approximately $2,412,448,964.10. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew Martin Johnson sold 5,000 shares of AST SpaceMobile stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $90.25, for a total value of $451,250.00. Following the completion of the sale, the chief financial officer directly owned 565,805 shares in the company, valued at $51,063,901.25. This represents a 0.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,100,000 shares of company stock worth $276,048,350 over the last quarter. 20.89% of the stock is owned by company insiders.
Institutional Investors Weigh In On AST SpaceMobile
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted 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 valued at $1,560,687,000 after acquiring an additional 1,568,292 shares during the period. Vodafone Ventures Ltd acquired a new stake in shares of AST SpaceMobile during the 4th quarter valued at approximately $397,413,000. Morgan Stanley lifted its position 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 acquiring an additional 1,425,199 shares during the period. Geode Capital Management LLC lifted its position 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 valued at $328,749,000 after acquiring an additional 402,505 shares during the period. Finally, State Street Corp lifted its position in shares of AST SpaceMobile by 9.7% during the 4th quarter. State Street Corp now owns 3,951,685 shares of the company’s stock valued at $287,011,000 after acquiring an additional 350,690 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.
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
- Five stocks we like better than AST SpaceMobile
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
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.
