AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 1.8% – What’s Next?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s stock price traded up 1.8% during mid-day trading on Thursday. The stock traded as high as $44.85 and last traded at $43.07. Approximately 12,424,787 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 16,655,033 shares. The stock had previously closed at $42.30.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: FCC spectrum expansion improves the industry outlook. The Federal Communications Commission adopted a proposal to expand spectrum available for “supplemental coverage from space,” potentially allowing AST SpaceMobile and wireless carriers to use satellite links more broadly in areas outside conventional tower coverage. ASTS Stock Gains On FCC Plan to Expand Direct-To-Phone Spectrum
• Positive Sentiment: Brazil authorizations and operator agreements advance commercialization. AST SpaceMobile received spectrum authorizations from Brazil’s telecom regulator and signed agreements with four regional mobile operators. The deals could support future satellite-enabled broadband coverage in underserved Brazilian markets and validate the company’s international partnership strategy. AST SpaceMobile Secures Brazil Spectrum Authorizations and Four Operator Agreements
• Positive Sentiment: Bullish commentary points to potential growth beyond the recent selloff. An investment analysis cited AST’s funded satellite constellation, more than 60 carrier partners and possible large government contracts as reasons the shares may be undervalued relative to their long-term opportunity. These contracts remain potential rather than guaranteed catalysts. Prediction: ASTS Could Be Entering Its Biggest Growth Phase Yet
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action. The lawsuit covers investors who purchased ASTS securities from March 4, 2025, through July 15, 2026, with a November 13, 2026 lead-plaintiff deadline. Attorneys allege the company made material misstatements or omissions regarding capital and liquidity, including claims tied to roughly $3 billion of convertible-note offerings and dilution. The allegations have not been proven, but the litigation adds reputational and legal uncertainty. Pomerantz Class Action Announcement
• Negative Sentiment: Amazon’s approved Globalstar transaction raises competitive concerns. Amazon’s sizable investment and FCC-approved deal involving Globalstar could strengthen a rival satellite-connectivity ecosystem, increasing pressure on AST SpaceMobile to execute its constellation deployment and secure commercial contracts. Amazon’s FCC-Approved Globalstar Deal

Analyst Ratings Changes

Several analysts recently weighed in on ASTS shares. Scotiabank upgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $50.80 to $55.70 in a report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of AST SpaceMobile from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a research note on Monday, October 12th. Royal Bank Of Canada downgraded shares of AST SpaceMobile to a “sector perform” rating in a research note on Friday, October 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, September 21st. Finally, Berenberg Bank assumed coverage on shares of AST SpaceMobile in a report on Wednesday, September 2nd. They set a “buy” rating and a $92.00 price target on the stock. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $80.67.

AST SpaceMobile Stock Performance

The stock has a market capitalization of $15.94 billion, a PE ratio of -19.14 and a beta of 2.72. 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 fifty day moving average is $55.02 and its two-hundred day moving average is $77.74.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%. The company had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.53 million. During the same quarter in the previous year, the company posted ($0.41) earnings per share. As a group, research analysts anticipate that AST SpaceMobile, Inc. will post -1.91 EPS for the current fiscal year.

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the completion of the sale, the chief technology officer directly owned 34,750 shares in the company, valued at approximately $2,047,817.50. The trade was a 53.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti Gupta sold 12,000 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total value of $706,680.00. Following the completion of the sale, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. The trade was a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

Several large investors have recently bought and sold shares of the business. Compass Financial Management LLC purchased a new stake in shares of AST SpaceMobile during the 2nd quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its holdings in shares of AST SpaceMobile by 16,350.0% in the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after purchasing an additional 327 shares in the last quarter. Grove Bank & Trust acquired a new position in AST SpaceMobile during the 2nd quarter worth $27,000. Continuum Advisory LLC purchased a new stake in shares of AST SpaceMobile during the second quarter worth approximately $28,000. Finally, CX Institutional raised its holdings in shares of AST SpaceMobile by 1,256.1% in the 3rd quarter. CX Institutional now owns 556 shares of the company’s stock valued at $33,000 after purchasing an additional 515 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile, Inc is a space-based communications company developing a global cellular broadband network designed to connect directly with standard, unmodified mobile phones. Its technology is intended to extend wireless coverage beyond traditional terrestrial networks, including in rural, remote and underserved areas.

The company is building and deploying a constellation of large low Earth orbit satellites, known as the BlueBird satellite system. AST SpaceMobile plans to provide voice, messaging, data and broadband services through partnerships with mobile network operators, allowing subscribers to remain connected outside the reach of conventional cellular towers.

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