AST SpaceMobile (NASDAQ:ASTS) Trading 3.9% Higher – What’s Next?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded up 3.9% during trading on Wednesday . The stock traded as high as $88.95 and last traded at $85.43. Approximately 29,411,508 shares changed hands during trading, an increase of 60% from the average daily volume of 18,340,254 shares. The stock had previously closed at $82.25.

More AST SpaceMobile News

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

• Positive Sentiment: AST SpaceMobile completed the launch of three of its largest BlueBird satellites, a key validation of its satellite deployment roadmap and a potential catalyst for future revenue growth. AST SpaceMobile Stock Takes Off After Major BlueBird Satellite Breakthrough
• Positive Sentiment: Analysts and commentary are highlighting the launch as a step toward large-scale commercial service, with some bullish notes pointing to ASTS reaching continuous coverage in key markets by late 2026 or early 2027 and meaningful operating leverage thereafter. AST SpaceMobile: From Bear To Bull – FY27 Commercial Commencement Unlocks Substantial Operating Leverage
• Positive Sentiment: Momentum traders and investors are also reacting to the stock’s recent rebound, with valuation-focused coverage arguing ASTS could still be below fair value despite the latest rally. AST SpaceMobile (ASTS) Stock Could Be 38% Below Fair Value Despite Recent Price Move
• Neutral Sentiment: Several articles frame AST SpaceMobile as a long-term growth/speculative name, but do not add new operational details beyond the satellite launch and broader space-sector enthusiasm. 3 Growth Stocks Worth Buying Through the Volatility and Holding for a Lifetime
• Neutral Sentiment: Sector commentary suggests space stocks, including ASTS, are testing technical support after strong gains, so near-term trading could stay volatile even if the long-term story remains intact. Space Stocks Price Forecasts: Correction or Trend Continuation?
• Negative Sentiment: Some analysts warn that AST SpaceMobile still faces major execution risk, intense competition in satellite communications, and a history of losses, which could limit upside if launch and commercialization timelines slip. Can ASTS Thrive Despite Rising Competition in the SATCOM Space?

Analyst Ratings Changes

A number of research analysts recently issued reports on ASTS shares. B. Riley Financial lifted their price target on AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Roth Mkm reissued a “buy” rating and set a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft lowered shares of AST SpaceMobile from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $117.00 to $106.00 in a report on Friday, May 29th. Barclays boosted their target price on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen cut shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $81.33.

AST SpaceMobile Stock Performance

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 cap of $31.31 billion, a price-to-earnings ratio of -45.31 and a beta of 2.70. The stock has a 50 day moving average price of $89.68 and a two-hundred day moving average price of $88.95.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The company had revenue of $14.73 million for the quarter, compared to analyst estimates of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The firm’s revenue for the quarter was up 1952.2% on a year-over-year basis. During the same period last year, the firm earned ($0.20) earnings per share. Analysts predict that AST SpaceMobile, Inc. will post -1.47 EPS for the current year.

Insider Buying and Selling

In other news, CFO Andrew Martin Johnson sold 45,809 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the completion of the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at approximately $47,244,498.39. The trade was a 8.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,690,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total value of $154,499,800.00. Following the completion of the sale, the insider directly owned 29,330,155 shares of the company’s stock, valued at approximately $2,681,362,770.10. This trade represents a 5.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,185,809 shares of company stock worth $284,200,492 in the last ninety days. 20.89% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AST SpaceMobile

Several large investors have recently bought and sold shares of ASTS. Western Wealth Management LLC increased its stake in AST SpaceMobile by 105.3% in the first quarter. Western Wealth Management LLC now owns 9,961 shares of the company’s stock valued at $825,000 after purchasing an additional 5,108 shares in the last quarter. Empowered Funds LLC bought a new position in shares of AST SpaceMobile during the first quarter worth $621,000. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of AST SpaceMobile in the 1st quarter valued at $249,000. NewEdge Advisors LLC grew its stake in AST SpaceMobile by 1.1% in the first quarter. NewEdge Advisors LLC now owns 93,836 shares of the company’s stock valued at $7,776,000 after acquiring an additional 1,036 shares during the period. Finally, Optiver Holding B.V. acquired a new position in AST SpaceMobile in the first quarter valued at about $445,000. 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.