AST SpaceMobile (NASDAQ:ASTS) Upgraded to “Strong-Buy” at Berenberg Bank

Berenberg Bank upgraded shares of AST SpaceMobile (NASDAQ:ASTS) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks reports.

Other research analysts have also recently issued reports about the company. UBS Group initiated coverage on AST SpaceMobile in a research report on Wednesday. They issued a “buy” rating for the company. Scotiabank upgraded shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective for the company in a research note on Wednesday, July 29th. Cantor Fitzgerald raised their price objective on shares of AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a report on Friday, May 29th. Finally, Roth Capital reiterated a “buy” rating and set a $108.00 target price on shares of AST SpaceMobile in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, AST SpaceMobile presently has a consensus rating of “Hold” and an average target price of $86.58.

AST SpaceMobile Trading Down 0.4%

Shares of ASTS opened at $62.13 on Wednesday. AST SpaceMobile has a 12-month low of $36.08 and a 12-month high of $133.86. 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 firm has a market capitalization of $24.18 billion, a price-to-earnings ratio of -29.03 and a beta of 2.74. The stock’s 50-day moving average price is $67.19 and its 200 day moving average price is $80.67.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data 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 firm had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.53 million. During the same quarter in the prior year, the business posted ($0.41) EPS. As a group, research analysts predict that AST SpaceMobile will post -1.95 earnings per share for the current year.

Insider Activity

In related news, CFO Andrew Johnson sold 45,809 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the completion of the sale, the chief financial officer owned 503,619 shares in the company, valued at $47,244,498.39. This trade represents a 8.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Adriana Cisneros acquired 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The shares were purchased 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. This represents a 1.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 20.89% of the stock is currently owned by corporate insiders.

Institutional Trading of AST SpaceMobile

A number of institutional investors and hedge funds have recently modified their holdings of ASTS. Compass Financial Management LLC acquired a new stake in shares of AST SpaceMobile during the second quarter worth about $26,000. Cornerstone Planning Group LLC lifted its stake in 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 buying an additional 327 shares in the last quarter. Grove Bank & Trust acquired a new position in shares of AST SpaceMobile in the second quarter valued at approximately $27,000. Continuum Advisory LLC bought a new stake in shares of AST SpaceMobile during the second quarter worth $28,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of AST SpaceMobile during the fourth quarter worth $29,000. 60.95% of the stock is owned by institutional investors.

AST SpaceMobile News Roundup

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

• Positive Sentiment: Berenberg initiated coverage of AST SpaceMobile (ASTS) with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s broader space-sector coverage reflects growing institutional interest in satellite communications and orbital infrastructure. Berenberg initiates coverage of AST SpaceMobile
• Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings to 797,023 shares. The open-market purchase may reassure investors about insider confidence in the company’s long-term prospects. AST SpaceMobile insider purchase
• Positive Sentiment: Regulatory progress remains a potential catalyst: the FCC authorized testing of 800 MHz connectivity, while Japan’s Radio Regulatory Council endorsed a 700 MHz framework for Rakuten and AST SpaceMobile’s network. Carrier partnerships and the planned US Mobile service launch could support future commercialization. FCC progress and BlueBird satellite outlook
• Neutral Sentiment: Seeking Alpha maintained a bullish view, arguing that the recent selloff has gone too far and that AST SpaceMobile could target approximately $1 billion in first-year commercial revenue. However, that outlook depends on deploying 45 BlueBird satellites and meeting ambitious 2027 operating targets. AST SpaceMobile selloff analysis
• Negative Sentiment: AST SpaceMobile moved its target for 45 satellites from late 2026 to early 2027. The delay raises concerns about manufacturing execution, launch timing and the company’s ability to begin commercial revenue on schedule. AST SpaceMobile commercial launch delay
• Negative Sentiment: The company’s latest quarterly results missed expectations: an adjusted loss of $0.77 per share versus an expected loss of $0.32, and revenue of $31.52 million versus $34.53 million expected. Heavy cash burn, possible dilution and prior insider-selling concerns continue to pressure the valuation. AST SpaceMobile financial concerns
• Negative Sentiment: Kessler Topaz Meltzer & Check is investigating potential federal securities-law violations involving ASTS. The announcement does not establish wrongdoing, but it adds headline and litigation risk after the stock’s steep decline since May. AST SpaceMobile investigation alert

AST SpaceMobile Company Profile

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.