AST SpaceMobile (NASDAQ:ASTS) Shares Up 1.8% – Here’s What Happened

AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 1.8% on Thursday. The company traded as high as $63.20 and last traded at $61.06. Approximately 8,724,367 shares were traded during trading, a decline of 48% from the average session volume of 16,682,869 shares. The stock had previously closed at $59.98.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: A broad bid across space-related stocks helped lift ASTS, alongside gains in Rocket Lab and Planet Labs. The move appears sector-driven rather than tied to a new AST SpaceMobile operating announcement. Space Stocks Rally as Buying Spreads Across the Pure Plays
• Positive Sentiment: Some analysts view AST SpaceMobile’s roughly 55% decline from prior highs as improving the risk-reward profile. The company’s more than 60 carrier partners, representing access to approximately 3 billion subscribers, are cited as a potential distribution advantage if satellite deployment stays on schedule. AST SpaceMobile: The Moat SpaceX Can’t Copy
• Neutral Sentiment: Investor comparisons with Intuitive Machines highlight AST SpaceMobile’s direct-to-device broadband opportunity but also underscore that the investment case depends on successfully deploying its satellite constellation and converting the technology into commercial revenue. AST SpaceMobile vs. Intuitive Machines
• Negative Sentiment: Multiple law firms publicized an existing securities class-action lawsuit covering investors who purchased ASTS between March 4, 2025, and July 15, 2026. Allegations include misleading statements about the company’s capital position, competitive lead and the impact of convertible-note financing. The lead-plaintiff deadline is November 13, 2026; the allegations have not been proven in court. Robbins LLP ASTS Investigation
• Negative Sentiment: AST SpaceMobile reportedly pushed the commercial launch of 45 satellites into 2027. Although an additional $1.15 billion financing increased liquidity to roughly $3.7 billion, the delay extends the path to revenue and raises continuing dilution and execution concerns. AST SpaceMobile Pushed Commercial Launch to 2027

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ASTS. Cantor Fitzgerald boosted their price target on AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Piper Sandler lowered their target price on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday. B. Riley Financial upgraded shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective on the stock in a research note on Friday, July 17th. Finally, UBS Group began coverage on shares of AST SpaceMobile in a report on Wednesday, September 2nd. They issued a “buy” rating for the company. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, AST SpaceMobile currently has an average rating of “Hold” and an average target price of $86.58.

AST SpaceMobile Stock Up 1.8%

The firm has a market capitalization of $23.76 billion, a PE ratio of -28.53 and a beta of 2.74. The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24. The business’s 50-day moving average price is $62.68 and its 200-day moving average price is $78.18.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). The company had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. During the same quarter in the prior year, the firm earned ($0.41) earnings per share. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -1.95 EPS for the current fiscal year.

Insider Buying and Selling

In other AST SpaceMobile news, COO Shanti Gupta sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the transaction, the chief operating officer directly 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Adriana Cisneros acquired 10,822 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was bought at an average cost of $57.22 per share, for a total transaction of $619,234.84. Following the completion of the purchase, the director directly owned 797,023 shares in the company, valued at $45,605,656.06. This represents a 1.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 20.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Compass Financial Management LLC acquired a new stake in AST SpaceMobile during the second quarter worth about $26,000. Grove Bank & Trust acquired a new stake in shares of AST SpaceMobile during the 2nd quarter worth approximately $27,000. Continuum Advisory LLC bought a new stake in AST SpaceMobile in the 2nd quarter valued at $28,000. Cornerstone Planning Group LLC raised its position in AST SpaceMobile by 16,350.0% in the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after purchasing an additional 327 shares in the last quarter. Finally, Portus Wealth Advisors LLC bought a new position in shares of AST SpaceMobile during the 1st quarter worth approximately $30,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company’s primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.