AST SpaceMobile (NASDAQ:ASTS) Trading Down 10.5% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) dropped 10.5% on Thursday . The company traded as low as $91.05 and last traded at $93.86. Approximately 15,689,396 shares traded hands during trading, a decline of 2% from the average daily volume of 16,019,737 shares. The stock had previously closed at $104.89.

Key AST SpaceMobile News

Here are the key news stories impacting AST SpaceMobile this week:

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and validates the company’s go-to-market approach; this partnership is driving near-term commercial momentum and investor interest. TELUS and AST SpaceMobile Partner to Bring Space-Based Cellular Broadband Connectivity to Every Corner of Canada
• Positive Sentiment: Company moved from “pre-revenue” to commercial receipts in 2025 — $70.9M in revenue, ~50+ telecom partners, ~3 billion potential subscribers and >$1.2B in contracted backlog — and plans 45–60 satellite launches by end‑2026 to scale continuous service. Those operational milestones support a growth narrative. AST SpaceMobile: A Bold Bet On Space Networks
• Positive Sentiment: Additional Canadian mobile‑network operator signings and the TELUS deal broaden the partner base, increasing the likelihood of steady commercial revenue ramp as the constellation expands. ASTS Rides on Expanding Partner Base: Will it Drive Revenue Growth?
• Neutral Sentiment: UBS raised its price target materially (from $43 to $85) but kept a “neutral” rating, signaling mixed analyst views — upside to PT but still caution on fundamentals and timing. Benzinga
• Neutral Sentiment: Shares rallied earlier on the TELUS news (large intraday spike), which increases short‑term volatility and the potential for profit-taking after a quick move higher. AST SpaceMobile (ASTS) Soars 13% on Telus Backing
• Negative Sentiment: Fundamentals remain challenged: a recent quarterly EPS miss, negative net margins and analyst forecasts for negative EPS this year leave valuation stretched versus current market cap, creating downside risk if revenue execution or margins disappoint.
• Negative Sentiment: Competitive threat from SpaceX’s Starlink and other incumbents is real — ASTS’s differentiated direct‑to‑phone approach helps, but market share, pricing and timing remain uncertain and can pressure sentiment if execution slips. AST SpaceMobile’s Plan to Beat SpaceX’s Starlink. What’s Propelling the Stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ASTS. B. Riley Financial lowered their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Scotiabank downgraded AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective for the company. in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Finally, Zacks Research downgraded shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $63.77.

AST SpaceMobile Trading Down 10.5%

The firm has a market cap of $34.45 billion, a P/E ratio of -71.11 and a beta of 2.77. The firm has a fifty day simple moving average of $94.38 and a 200-day simple moving average of $73.50. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 9.48.

AST SpaceMobile (NASDAQ:ASTS) last announced its earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08). The company had revenue of $54.31 million for the quarter, compared to analysts’ expectations of $39.53 million. AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The firm’s revenue for the quarter was up 2731.3% compared to the same quarter last year. On average, equities research analysts expect that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current year.

Insider Activity

In related news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the sale, the insider owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Keith R. Larson acquired 715 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was purchased at an average price of $70.02 per share, with a total value of $50,064.30. Following the completion of the transaction, the director directly owned 1,390 shares of the company’s stock, valued at $97,327.80. This trade represents a 105.93% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 2,015 shares of company stock worth $149,144 and have sold 2,344,621 shares worth $163,788,075. 30.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AST SpaceMobile

Institutional investors and hedge funds have recently made changes to their positions in the business. Crewe Advisors LLC bought a new position in shares of AST SpaceMobile in the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC purchased a new position in AST SpaceMobile during the fourth quarter valued at $25,000. Byrne Asset Management LLC purchased a new position in AST SpaceMobile during the fourth quarter valued at $29,000. Acumen Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter worth about $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of AST SpaceMobile in the 4th quarter worth approximately $33,000. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

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.