Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) hit a new 52-week low during trading on Friday. The stock traded as low as $39.87 and last traded at $44.46, with a volume of 23,170,810 shares trading hands. The stock had previously closed at $42.14.
Trending Headlines about AST SpaceMobile
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: AST SpaceMobile and TELUS completed an integration test connecting TELUS’ terrestrial network with AST’s satellite system. The test supports the company’s plan to provide direct-to-smartphone connectivity in remote and underserved areas of Canada, although commercial execution remains ahead. Launch Delays Could Change The Case For AST SpaceMobile Stock
- Neutral Sentiment: Some options-market commentary points to a potentially attractive bullish trade after the selloff. This may encourage speculative buying, but it does not change the company’s underlying execution and financing risks. Why There Might Be a Mathematical Incentive to Bet on AST SpaceMobile Stock’s 227% Options Spread
- Negative Sentiment: SpaceX’s expanding Starlink spectrum access and satellite deployment capabilities are intensifying competition. Investors are increasingly concerned that SpaceX could limit AST’s access to spectrum, customers or launch capacity, weakening AST’s long-term growth case. AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- Negative Sentiment: Piper Sandler downgraded AST SpaceMobile from Overweight to Neutral. Separately, analyst Tim Farrar warned that AST may not reach a 60-satellite constellation until 2028, raising concerns about launch availability, service timing and the company’s revenue outlook. ASTS Stock Heads For Worst Year Since Listing
- Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought ASTS securities from March 4, 2025, through July 15, 2026. Allegations include misleading disclosures about liquidity and capital needs after the company issued approximately $3 billion of convertible notes. The lead-plaintiff deadline is November 13, 2026. AST SpaceMobile Class Action Announcement
- Negative Sentiment: Investors remain concerned about repeated earnings misses and launch delays. AST SpaceMobile’s latest reported quarter missed both EPS and revenue expectations, reinforcing worries that substantial spending and financing needs may continue before the satellite network generates meaningful revenue.
Wall Street Analyst Weigh In
ASTS has been the topic of a number of analyst reports. UBS Group initiated coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating on the stock. B. Riley Financial downgraded shares of AST SpaceMobile from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $85.00 to $65.00 in a report on Friday, October 2nd. Cantor Fitzgerald increased their price target on AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Piper Sandler cut AST SpaceMobile from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $98.00 to $54.00 in a report on Tuesday. Finally, Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target on the stock in a report on Wednesday, July 29th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, AST SpaceMobile currently has a consensus rating of “Hold” and an average target price of $80.18.
Get Our Latest Analysis on AST SpaceMobile
AST SpaceMobile Trading Down 8.5%
The stock has a fifty day moving average of $60.60 and a 200 day moving average of $74.19. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. The company has a market capitalization of $15.82 billion, a PE ratio of -19.00 and a beta of 2.72.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned ($0.41) earnings per share. As a group, sell-side analysts predict that AST SpaceMobile, Inc. will post -1.92 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Adriana Cisneros purchased 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $57.22 per share, for a total transaction of $619,234.84. Following the acquisition, the director owned 797,023 shares in the company, valued at approximately $45,605,656.06. The trade was a 1.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Shanti B. Gupta sold 12,000 shares of AST SpaceMobile stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total transaction of $706,680.00. Following the completion of the sale, the chief operating officer owned 462,980 shares in the company, valued at approximately $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 20.89% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in ASTS. ABN Amro Investment Solutions purchased a new stake in AST SpaceMobile during the first quarter valued at $996,000. KBC Group NV grew its stake in shares of AST SpaceMobile by 259.5% in the 1st quarter. KBC Group NV now owns 23,438 shares of the company’s stock worth $1,942,000 after buying an additional 16,918 shares in the last quarter. Bank of Nova Scotia purchased a new position in shares of AST SpaceMobile in the 1st quarter worth $1,329,000. Sanders Morris Harris LLC purchased a new position in shares of AST SpaceMobile in the 3rd quarter worth $1,020,000. Finally, Swedbank AB purchased a new position in shares of AST SpaceMobile in the 1st quarter worth $3,399,000. Institutional investors 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 mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.
Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.
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