AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 1.8% – Still a Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price was up 1.8% during mid-day trading on Thursday. The stock traded as high as $63.20 and last traded at $61.06. Approximately 8,724,367 shares changed hands during trading, a decline of 48% from the average session volume of 16,682,869 shares. The stock had previously closed at $59.98.

Key AST SpaceMobile News

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

• Positive Sentiment: A broad bid across space-related stocks helped lift ASTS, alongside gains in Rocket Lab and Planet Labs. The move appears sector-driven rather than tied to a new AST SpaceMobile operating announcement. Space Stocks Rally as Buying Spreads Across the Pure Plays
• Positive Sentiment: Some analysts view AST SpaceMobile’s roughly 55% decline from prior highs as improving the risk-reward profile. The company’s more than 60 carrier partners, representing access to approximately 3 billion subscribers, are cited as a potential distribution advantage if satellite deployment stays on schedule. AST SpaceMobile: The Moat SpaceX Can’t Copy
• Neutral Sentiment: Investor comparisons with Intuitive Machines highlight AST SpaceMobile’s direct-to-device broadband opportunity but also underscore that the investment case depends on successfully deploying its satellite constellation and converting the technology into commercial revenue. AST SpaceMobile vs. Intuitive Machines
• Negative Sentiment: Multiple law firms publicized an existing securities class-action lawsuit covering investors who purchased ASTS between March 4, 2025, and July 15, 2026. Allegations include misleading statements about the company’s capital position, competitive lead and the impact of convertible-note financing. The lead-plaintiff deadline is November 13, 2026; the allegations have not been proven in court. Robbins LLP ASTS Investigation
• Negative Sentiment: AST SpaceMobile reportedly pushed the commercial launch of 45 satellites into 2027. Although an additional $1.15 billion financing increased liquidity to roughly $3.7 billion, the delay extends the path to revenue and raises continuing dilution and execution concerns. AST SpaceMobile Pushed Commercial Launch to 2027

Analyst Ratings Changes

A number of research firms have recently commented on ASTS. Berenberg Bank began coverage on AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a “buy” rating and a $92.00 price objective for the company. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday. Piper Sandler cut their target price on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 target price on shares of AST SpaceMobile in a research report on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.58.

AST SpaceMobile Trading Up 1.8%

The firm has a market capitalization of $23.76 billion, a price-to-earnings ratio of -28.53 and a beta of 2.74. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. The company has a 50-day moving average price of $62.68 and a 200-day moving average price of $78.18.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same quarter in the prior year, the firm posted ($0.41) EPS. As a group, research analysts forecast that AST SpaceMobile, Inc. will post -1.95 EPS for the current fiscal year.

Insiders Place Their Bets

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $58.93, for a total value of $2,357,200.00. Following the completion of the sale, the chief technology officer owned 34,750 shares in the company, valued at approximately $2,047,817.50. The trade was a 53.51% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Adriana Cisneros purchased 10,822 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of $57.22 per share, with a total value of $619,234.84. Following the purchase, the director owned 797,023 shares in the company, valued at $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 20.89% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in AST SpaceMobile by 9.8% in the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock valued at $328,749,000 after buying an additional 402,505 shares in the last quarter. Norges Bank purchased a new position in AST SpaceMobile during the fourth quarter worth approximately $198,270,000. Bank of America Corp DE lifted its stake in shares of AST SpaceMobile by 140.3% in the 1st quarter. Bank of America Corp DE now owns 1,644,246 shares of the company’s stock valued at $136,259,000 after purchasing an additional 960,045 shares in the last quarter. First Trust Advisors LP boosted its position in AST SpaceMobile by 14.3% during the 1st quarter. First Trust Advisors LP now owns 1,316,852 shares of the company’s stock worth $109,128,000 after purchasing an additional 164,303 shares during the period. Finally, Tidal Investments LLC boosted its holdings in AST SpaceMobile by 9,876.8% in the 2nd quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock worth $93,220,000 after acquiring an additional 1,038,546 shares during the period. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company’s primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.