AST SpaceMobile (NASDAQ:ASTS – Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45), FiscalAI reports. The firm had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.98 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.
AST SpaceMobile Stock Down 4.4%
Shares of ASTS traded down $3.18 during trading hours on Monday, hitting $68.76. The company had a trading volume of 14,441,719 shares, compared to its average volume of 18,129,148. 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 company has a market capitalization of $26.69 billion, a PE ratio of -38.63 and a beta of 2.76. AST SpaceMobile has a one year low of $36.08 and a one year high of $133.86. The company’s fifty day moving average price is $75.96 and its two-hundred day moving average price is $86.00.
Analyst Ratings Changes
ASTS has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Wednesday, June 24th. UBS Group decreased their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. New Street Research set a $106.00 target price on shares of AST SpaceMobile in a research note on Friday, May 29th. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a research report on Friday, May 29th. Finally, Piper Sandler initiated coverage on shares of AST SpaceMobile in a report on Wednesday, July 15th. They issued an “overweight” rating and a $100.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $87.60.
Insider Buying and Selling at AST SpaceMobile
In other news, CFO Andrew Martin Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $93.81, for a total value of $4,297,342.29. Following the transaction, the chief financial officer owned 503,619 shares of the company’s stock, valued at $47,244,498.39. The trade was a 8.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Julio A. Torres sold 15,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the sale, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 105,809 shares of company stock worth $9,748,492 over the last quarter. Insiders own 20.89% of the company’s stock.
Hedge Funds Weigh In On AST SpaceMobile
A number of large investors have recently made changes to their positions in the business. Acumen Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile during the 4th quarter valued at $29,000. Harvest Fund Management Co. Ltd purchased a new position in AST SpaceMobile during the 3rd quarter worth $29,000. Binnacle Investments Inc acquired a new position in AST SpaceMobile during the 2nd quarter valued at about $33,000. BOKF NA acquired a new position in AST SpaceMobile during the 3rd quarter valued at about $38,000. Finally, Chapman Financial Group LLC purchased a new stake in AST SpaceMobile in the second quarter valued at about $38,000. 60.95% of the stock is owned by institutional investors and hedge funds.
AST SpaceMobile News Summary
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: AST SpaceMobile issued fiscal 2026 revenue guidance of $150 million to $200 million, a range that brackets consensus of $167.8 million and implies a midpoint modestly above expectations. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
- Positive Sentiment: The company highlighted continued expansion of its space-based cellular network, including the successful deployment of BlueBird 11, 12 and 13 satellites and integration testing with major European mobile operators. These developments support the long-term commercial rollout of direct-to-smartphone connectivity. Can ASTS’ Satellite Connectivity Rollout Across Europe Lift Shares?
- Neutral Sentiment: AST SpaceMobile’s technology platform, mobile-operator partnerships and intellectual-property portfolio remain central to its investment case, but the company is still in a heavy investment phase ahead of broader service deployment. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
- Negative Sentiment: Second-quarter results fell short of expectations: AST SpaceMobile reported an adjusted loss of $0.77 per share versus consensus for a $0.32 loss, while revenue of $31.52 million missed the $34.98 million estimate. The company also reported a deeply negative net margin, reinforcing concerns about near-term profitability and execution risk. AST SpaceMobile Quarterly Results
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.
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