AST SpaceMobile (NASDAQ:ASTS) Shares Down 5.5% – What’s Next?

Posted by Brenda Bartman on Nov 13th, 2026

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) was down 5.5% on Friday. The company traded as low as $31.34 and last traded at $32.60. 14,277,570 shares were traded during trading, a decline of 15% from the average daily volume of 16,818,951 shares. The stock had previously closed at $34.50.

Key AST SpaceMobile News

Investors following ASTS have been watching these news items:

Positive Sentiment: A Japanese satellite venture with Rakuten, reportedly supported by about $1 billion in government funding, has helped fuel recent investor enthusiasm. Article
Neutral Sentiment: Firefly Aerospace reported sharply higher quarterly revenue, with its growth supported in part by a $1.3 billion AST SpaceMobile deal. This highlights activity between the companies, but does not remove execution and funding risks. Article
Negative Sentiment: A securities class action alleges material misstatements or omissions about AST SpaceMobile’s capital and liquidity position. These are allegations, not established findings, but the litigation adds uncertainty; the lead-plaintiff deadline is November 13, 2026. Article

Analyst Upgrades and Downgrades

ASTS has been the subject of several analyst reports. Deutsche Bank raised shares of AST SpaceMobile from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a research note on Monday, October 12th. Bank of America reaffirmed a “neutral” rating and set a $45.00 price objective on shares of AST SpaceMobile in a research report on Tuesday. B. Riley Financial dropped their price target on AST SpaceMobile from $65.00 to $48.00 and set a “neutral” rating on the stock in a research note on Tuesday. Scotiabank raised shares of AST SpaceMobile from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $50.80 to $55.70 in a research note on Friday, October 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of AST SpaceMobile in a report on Monday. Six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, AST SpaceMobile has a consensus rating of “Hold” and an average target price of $72.70.

Read Our Latest Stock Analysis on AST SpaceMobile

AST SpaceMobile Trading Down 5.5%

The company has a quick ratio of 12.90, a current ratio of 13.65 and a debt-to-equity ratio of 1.89. The firm has a market cap of $12.69 billion, a P/E ratio of -15.31 and a beta of 2.88. The firm’s 50-day simple moving average is $50.29 and its 200 day simple moving average is $74.53.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its earnings results on Monday, November 9th. The company reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.03). AST SpaceMobile had a negative net margin of 439.71% and a negative return on equity of 22.00%. The company had revenue of $42.32 million for the quarter, compared to the consensus estimate of $45.73 million. During the same period in the prior year, the company earned ($0.45) earnings per share. The firm’s revenue was up 187.9% on a year-over-year basis. As a group, analysts expect that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.

Insider Transactions at AST SpaceMobile

In other news, COO Shanti Gupta sold 12,000 shares of AST SpaceMobile stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total value of $706,680.00. Following the completion of the transaction, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. This trade represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Adriana Cisneros bought 10,822 shares of the stock in a transaction on Monday, August 31st. The shares were acquired at an average cost of $57.22 per share, for a total transaction of $619,234.84. Following the acquisition, the director directly owned 797,023 shares in the company, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compass Financial Management LLC bought a new stake in shares of AST SpaceMobile during the 2nd quarter valued at about $26,000. Grove Bank & Trust bought a new stake in AST SpaceMobile during the 2nd quarter valued at $27,000. Continuum Advisory LLC bought a new position in shares of AST SpaceMobile during the second quarter valued at about $28,000. Cornerstone Planning Group LLC raised its position in AST SpaceMobile by 16,350.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after purchasing an additional 327 shares during the last quarter. Finally, Community Financial Services Group LLC purchased a new stake in AST SpaceMobile in the second quarter worth $47,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

(Get Free Report)

AST SpaceMobile, Inc. develops a space-based cellular broadband network designed to connect directly with standard mobile phones, without requiring users to purchase specialized satellite devices. Its planned services include voice calls, text messaging and mobile broadband, delivered through partnerships with mobile network operators and integrated with their existing networks. The company is developing and deploying its BlueBird satellite system to provide coverage in areas where terrestrial cellular networks are unavailable or limited.