AST SpaceMobile (ASTS) to Release Earnings on Monday

AST SpaceMobile (NASDAQ:ASTSGet Free Report) is anticipated to release its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect the company to announce earnings of ($0.3150) per share and revenue of $34.9780 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Monday, August 10, 2026 at 5:00 PM ET.

AST SpaceMobile (NASDAQ:ASTSGet Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The business had revenue of $14.73 million for the quarter, compared to analyst estimates of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The company’s quarterly revenue was up 1952.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.20) earnings per share. On average, analysts expect AST SpaceMobile to post $-1 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

AST SpaceMobile Stock Up 6.0%

Shares of NASDAQ ASTS traded up $3.53 during mid-day trading on Monday, hitting $62.51. The company had a trading volume of 2,380,253 shares, compared to its average volume of 18,175,969. 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 firm has a 50-day simple moving average of $81.16 and a two-hundred day simple moving average of $87.26. The company has a market capitalization of $24.26 billion, a PE ratio of -35.01 and a beta of 2.69. AST SpaceMobile has a one year low of $36.08 and a one year high of $133.86.

Analysts Set New Price Targets

Several research analysts recently commented on ASTS shares. Piper Sandler began coverage on AST SpaceMobile in a research report on Wednesday, July 15th. They set an “overweight” rating and a $100.00 price target for the company. Barclays upped their price objective on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft downgraded AST SpaceMobile from a “buy” rating to a “hold” rating and cut their price objective for the company from $117.00 to $106.00 in a report on Friday, May 29th. Wall Street Zen cut shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Finally, B. Riley Financial upgraded shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $87.60.

View Our Latest Report on ASTS

Insider Activity at AST SpaceMobile

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Acumen Wealth Advisors LLC acquired a new stake in AST SpaceMobile during the 4th quarter valued at $29,000. Harvest Fund Management Co. Ltd acquired a new position in shares of AST SpaceMobile in the third quarter valued at $29,000. Binnacle Investments Inc acquired a new position in shares of AST SpaceMobile in the second quarter valued at $33,000. BOKF NA bought a new position in shares of AST SpaceMobile in the third quarter valued at about $38,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of AST SpaceMobile during the 2nd quarter worth about $38,000. 60.95% of the stock is owned by institutional investors and hedge funds.

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.

See Also

Earnings History for AST SpaceMobile (NASDAQ:ASTS)

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