AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 12.8% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) fell 12.8% on Friday . The stock traded as low as $90.91 and last traded at $93.60. 23,720,527 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 17,741,393 shares. The stock had previously closed at $107.29.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: Blue Origin may resume launches this year, a sign that space launch activity could recover sooner than expected and lift sentiment for AST SpaceMobile and other space-related stocks. Jeff Bezos Sees Blue Origin Launching Again This Year. That’s Good News for These Stocks.
• Positive Sentiment: Analysts and market commentary continue to highlight AST SpaceMobile’s upcoming BlueBird launch progress and reaffirmed 2026 guidance, which could keep investors focused on execution rather than just valuation. AST SpaceMobile (ASTS) Valuation Check After Reaffirmed 2026 Guidance And BlueBird Launch Progress
• Neutral Sentiment: Broader space-stock trading has been volatile, with earlier gains tied to SpaceX-related enthusiasm and later pullbacks as the trade cooled, adding noise around ASTS shares. Is It Time To Reassess AST SpaceMobile (ASTS) After Its Recent Price Swings?
• Negative Sentiment: Some commentary continues to flag competitive pressure from Starlink, macro risks, and falling estimates, which could cap upside even if launch-related sentiment improves. ASTS Plagued by Competitive Pressure, Macro Risks: Time to Rethink?

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASTS. Deutsche Bank Aktiengesellschaft cut AST SpaceMobile from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $117.00 to $106.00 in a report on Friday, May 29th. Zacks Research upgraded AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Wall Street Zen cut AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. Barclays raised their target price on AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $81.33.

AST SpaceMobile Stock Down 12.8%

The stock has a 50 day simple moving average of $89.60 and a 200-day simple moving average of $86.71. The firm has a market cap of $36.33 billion, a PE ratio of -52.58 and a beta of 2.70. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 18.37.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data on Monday, May 11th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The company had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $39.01 million. AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The firm’s quarterly revenue was up 1952.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.20) EPS. Sell-side analysts predict that AST SpaceMobile, Inc. will post -1.47 EPS for the current fiscal year.

Insider Buying and Selling

In other AST SpaceMobile news, CFO Andrew Martin Johnson sold 5,000 shares of AST SpaceMobile stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $90.25, for a total transaction of $451,250.00. Following the completion of the transaction, the chief financial officer owned 565,805 shares in the company, valued at approximately $51,063,901.25. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Julio A. Torres sold 15,000 shares of AST SpaceMobile stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $76.34, for a total value of $1,145,100.00. Following the transaction, the director 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,100,000 shares of company stock worth $276,048,350 over the last three months. 20.89% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AST SpaceMobile

Several institutional investors have recently modified their holdings of the business. Calton & Associates Inc. boosted its position in shares of AST SpaceMobile by 0.8% during the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock valued at $986,000 after buying an additional 104 shares during the last quarter. Investmark Advisory Group LLC boosted its position in shares of AST SpaceMobile by 2.7% during the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock valued at $337,000 after buying an additional 120 shares during the last quarter. ORG Partners LLC boosted its position in shares of AST SpaceMobile by 4.2% during the fourth quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock valued at $238,000 after buying an additional 133 shares during the last quarter. Atlantic Union Bankshares Corp boosted its position in shares of AST SpaceMobile by 18.2% during the fourth quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock valued at $67,000 after buying an additional 142 shares during the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of AST SpaceMobile by 39.0% during the fourth quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after buying an additional 144 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.