AST SpaceMobile (NASDAQ:ASTS) Shares Down 2.2% – Time to Sell?

Posted by Francis Steltz on Jul 24th, 2026

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) traded down 2.2% on Wednesday . The stock traded as low as $61.23 and last traded at $61.95. 10,811,591 shares traded hands during trading, a decline of 42% from the average session volume of 18,636,986 shares. The stock had previously closed at $63.34.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ASTS shares. B. Riley Financial upgraded AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Friday, July 17th. William Blair reissued a “market perform” rating on shares of AST SpaceMobile in a research note on Friday, May 29th. New Street Research set a $106.00 target price on AST SpaceMobile in a report on Friday, May 29th. Roth Capital reaffirmed a “buy” rating and set a $108.00 target price on shares of AST SpaceMobile in a research report on Tuesday, May 12th. Finally, UBS Group lowered their price target on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, AST SpaceMobile presently has a consensus rating of “Hold” and an average price target of $86.95.

Get Our Latest Report on AST SpaceMobile

AST SpaceMobile Stock Performance

The stock has a market cap of $22.97 billion, a price-to-earnings ratio of -33.25 and a beta of 2.69. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47. The stock’s 50-day simple moving average is $85.34 and its two-hundred day simple moving average is $88.81.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The company’s revenue for the quarter was up 1952.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.20) earnings per share. Analysts forecast that AST SpaceMobile, Inc. will post -1.38 earnings per share for the current year.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, Director Julio A. Torres sold 15,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 43,239 shares of the company’s stock, valued at $3,300,865.26. This trade represents a 25.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Andrew Martin Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the completion of the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at approximately $47,244,498.39. This represents a 8.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 105,809 shares of company stock worth $9,748,492 in the last 90 days. 20.89% of the stock is owned by company insiders.

Hedge Funds Weigh In On AST SpaceMobile

Institutional investors and hedge funds have recently bought and sold shares of the stock. Calton & Associates Inc. grew its position in AST SpaceMobile by 0.8% in the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock valued at $986,000 after acquiring an additional 104 shares during the period. Investmark Advisory Group LLC lifted its holdings in shares of AST SpaceMobile by 2.7% during the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock valued at $337,000 after acquiring an additional 120 shares during the period. ORG Partners LLC lifted its holdings in shares of AST SpaceMobile by 4.2% during the fourth quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock valued at $238,000 after acquiring an additional 133 shares during the period. Atlantic Union Bankshares Corp boosted its stake in shares of AST SpaceMobile by 18.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock valued at $67,000 after purchasing an additional 142 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of AST SpaceMobile by 39.0% in the 4th quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after purchasing an additional 144 shares in the last quarter. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

(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.