AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 9.8% – Here’s What Happened

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 9.8% on Monday . The company traded as high as $86.95 and last traded at $86.92. Approximately 12,130,571 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 15,761,645 shares. The stock had previously closed at $79.19.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: TELUS commercial agreement to bring space-based cellular broadband across Canada bolsters ASTS’s commercial rollout and carrier traction; this is a material commercial win that supports future revenue growth. TELUS Partnership
• Positive Sentiment: Defense and network expansion: ASTS announced use of its BlueBird constellation for U.S. Space Development Agency (HALO) work, plus new carrier partnerships (e.g., Orange) and recent BlueBird 6 launch — these validate both commercial and government demand. Defense & Carrier Deals
• Positive Sentiment: Big revenue beat and strong liquidity: Q4 showed exceptionally large year-over-year revenue growth (reported as multiple-thousand percent increases tied to gateway sales) and company liquidity in the billions, giving investors confidence in scaling potential. Revenue Beat
• Neutral Sentiment: Sector momentum: ASTS was highlighted among the biggest space-stock movers for February, reflecting heightened investor interest in the commercial space theme that can amplify share moves in either direction. Sector Movers
• Neutral Sentiment: Short-interest report shows zero/share totals and 0.0 days-to-cover in the data feed — appears to be erroneous or non-informative; treat short-interest signal with caution.
• Negative Sentiment: Q4 EPS miss and wider loss: ASTS missed consensus on EBITDA/GAAP metrics (wider net loss than expected) and retains negative margins; profitability timeline and margin pressure remain investor concerns. Earnings Miss
• Negative Sentiment: UBS raised its price target to $85 but kept a “neutral” rating — the PT implies downside versus the current market price, signaling valuation skepticism from a major bank and contributing to caution among some investors. UBS Note

Wall Street Analyst Weigh In

Several analysts recently weighed in on ASTS shares. B. Riley Financial dropped their price objective on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. UBS Group raised their price target on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research note on Wednesday. Scotiabank lowered shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target on the stock. in a report on Wednesday, January 7th. Finally, Zacks Research cut shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, AST SpaceMobile has a consensus rating of “Reduce” and an average target price of $63.77.

AST SpaceMobile Price Performance

The company has a 50 day moving average price of $93.83 and a 200-day moving average price of $73.28. The company has a quick ratio of 9.48, a current ratio of 9.56 and a debt-to-equity ratio of 0.43. The company has a market cap of $38.50 billion, a price-to-earnings ratio of -79.46 and a beta of 2.77.

AST SpaceMobile (NASDAQ:ASTS) last posted its earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). The business had revenue of $54.31 million for the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile had a negative return on equity of 28.89% and a negative net margin of 482.16%.AST SpaceMobile’s revenue for the quarter was up 2731.3% on a year-over-year basis. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $73.52, for a total transaction of $2,940,800.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at approximately $349,220. The trade was a 89.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the sale, the insider directly owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders purchased 2,015 shares of company stock worth $149,144 and sold 2,344,621 shares worth $163,788,075. 30.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. raised its stake in shares of AST SpaceMobile by 48.0% in the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock valued at $26,158,000 after buying an additional 172,759 shares during the period. State Board of Administration of Florida Retirement System increased its holdings in AST SpaceMobile by 342.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company’s stock worth $6,172,000 after acquiring an additional 102,217 shares during the last quarter. Yarbrough Capital LLC raised its stake in AST SpaceMobile by 28.0% in the 3rd quarter. Yarbrough Capital LLC now owns 99,372 shares of the company’s stock valued at $4,877,000 after acquiring an additional 21,739 shares during the period. Mutual Advisors LLC purchased a new position in shares of AST SpaceMobile in the third quarter worth about $1,882,000. Finally, Teacher Retirement System of Texas grew its stake in AST SpaceMobile by 22.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 28,664 shares of the company’s stock valued at $1,339,000 after buying an additional 5,239 shares in the last quarter. 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.