AST SpaceMobile (NASDAQ:ASTS) Shares Down 1.1% – What’s Next?

Posted by Francis Steltz on Jul 2nd, 2026

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) fell 1.1% on Thursday . The company traded as low as $81.85 and last traded at $85.13. 15,744,509 shares changed hands during trading, a decline of 16% from the average session volume of 18,792,371 shares. The stock had previously closed at $86.10.

Analysts Set New Price Targets

A number of analysts recently commented on ASTS shares. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. UBS Group reduced their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. New Street Research set a $106.00 target price on AST SpaceMobile in a research note on Friday, May 29th. Barclays increased their price target on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Thursday, April 9th. Finally, Wall Street Zen lowered AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $85.09.

View Our Latest Stock Report on AST SpaceMobile

AST SpaceMobile Price Performance

The company has a current ratio of 18.47, a quick ratio of 18.37 and a debt-to-equity ratio of 1.11. The company has a 50 day simple moving average of $87.26 and a 200 day simple moving average of $89.41. The stock has a market cap of $33.04 billion, a P/E ratio of -47.83 and a beta of 2.69.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last posted its quarterly earnings data 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). The business had revenue of $14.73 million during the quarter, compared to analyst estimates of $39.01 million. AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. AST SpaceMobile’s revenue for the quarter was up 1952.2% on a year-over-year basis. During the same quarter last year, the business earned ($0.20) earnings per share. Sell-side analysts forecast that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current fiscal year.

Insider Buying and Selling at AST SpaceMobile

In other news, Director Julio A. Torres sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total value of $1,145,100.00. Following the completion of the transaction, the director owned 43,239 shares in the company, valued at $3,300,865.26. This trade represents a 25.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the company’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 sale, the chief technology officer owned 34,750 shares in the company, valued at $3,348,857.50. The trade was a 53.51% decrease in their position. 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. In the last quarter, insiders have sold 3,145,809 shares of company stock valued at $280,645,292. Corporate insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

Large investors have recently made changes to their positions in the stock. Crewe Advisors LLC acquired a new position in AST SpaceMobile during the fourth quarter worth $25,000. Laurel Wealth Advisors LLC acquired a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Cornerstone Planning Group LLC lifted its stake in AST SpaceMobile by 16,350.0% in the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after acquiring an additional 327 shares during the last quarter. Byrne Asset Management LLC bought a new position in shares of AST SpaceMobile in the 4th quarter valued at about $29,000. Finally, Acumen Wealth Advisors LLC bought a new position in shares of AST SpaceMobile in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

(Get Free Report)

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.