AST SpaceMobile (NASDAQ:ASTS) Trading 5.5% Higher – What’s Next?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s stock price rose 5.5% during mid-day trading on Friday . The company traded as high as $70.10 and last traded at $68.65. 11,188,463 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 17,664,773 shares. The stock had previously closed at $65.06.

More AST SpaceMobile News

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

• Positive Sentiment: AST SpaceMobile has received a 30-day FCC authorization to test 800 MHz satellite connectivity with up to 100 commercially available phones near Midland, Texas, and Lanham, Maryland. The testing could provide operational evidence for its direct-to-device service and help advance commercial deployment. AST SpaceMobile’s FCC Test Arrives as Investors Weigh a Costly Q2 Miss
• Positive Sentiment: Reports that AST SpaceMobile and SpaceX are pursuing valuable satellite spectrum have highlighted the strategic importance of the frequencies ASTS is already authorized to test, potentially strengthening the company’s positioning in the satellite-connectivity market. ASTS Stock Rises Overnight: AST SpaceMobile And SpaceX Reportedly Chase Prized Satellite Spectrum
• Positive Sentiment: Crossroads Capital described AST SpaceMobile’s direct-to-device capability as a competitive advantage in its second-quarter investor letter. The endorsement may reinforce the long-term investment case, though it does not represent a new company contract or financial result. Unique Direct to Device Capability Strengthens AST SpaceMobile’s Competitive Edge
• Neutral Sentiment: The Trump administration’s goal of exceeding 1,000 U.S. space launches annually could expand the broader space-industry opportunity, but the immediate benefit to ASTS is uncertain because the company operates a satellite communications network rather than a launch business. Trump Targets Over 1,000 US Space Launches A Year
• Negative Sentiment: Delclaux Partners sued AST SpaceMobile for more than $15 million in allegedly unpaid contractual finder’s fees tied to financing arrangements. The dispute introduces potential legal costs, cash liability and reputational risk. Delclaux Partners Sues AST SpaceMobile for More Than $15 Million in Unpaid Contractual Finder’s Fees
• Negative Sentiment: ASTS recently reported a wider-than-expected quarterly loss and revenue below consensus, underscoring its ongoing cash-burn and execution risks. Competition from SpaceX’s Starlink, which has surpassed 11,000 satellites, could also pressure ASTS’s market opportunity and valuation. As Starlink Passes 11,000 Satellites, These 5 Stocks Will Feel It First

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ASTS shares. New Street Research set a $106.00 price objective on shares of AST SpaceMobile in a report on Friday, May 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. UBS Group lowered their target price on shares of AST SpaceMobile from $80.00 to $78.00 and set a “neutral” rating for the company in a report on Tuesday, August 11th. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target for the company in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 price target on shares of AST SpaceMobile in a research note on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.98.

AST SpaceMobile Stock Performance

The stock’s 50-day moving average is $70.26 and its 200-day moving average is $83.16. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The stock has a market cap of $26.72 billion, a price-to-earnings ratio of -32.08 and a beta of 2.75.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. The business had revenue of $31.52 million for the quarter, compared to analyst estimates of $34.53 million. During the same period last year, the firm earned ($0.41) earnings per share. On average, analysts expect that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Insider Buying and Selling at AST SpaceMobile

In related news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction on Friday, June 5th. The shares were sold at an average price of $96.37, for a total transaction of $3,854,800.00. Following the transaction, the chief technology officer owned 34,750 shares in the company, valued at approximately $3,348,857.50. The trade was a 53.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrew Martin Johnson sold 45,809 shares of the company’s stock in a transaction on 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 sale, the chief financial officer directly owned 503,619 shares of the company’s stock, valued at approximately $47,244,498.39. This trade represents a 8.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

A number of large investors have recently modified their holdings of ASTS. AQR Capital Management LLC raised its holdings in shares of AST SpaceMobile by 11.8% during the 1st quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after buying an additional 3,642 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in AST SpaceMobile by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock worth $1,814,000 after acquiring an additional 3,515 shares during the period. Millennium Management LLC boosted its holdings in AST SpaceMobile by 16.1% in the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after acquiring an additional 64,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in AST SpaceMobile by 18.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock valued at $7,405,000 after acquiring an additional 49,811 shares in the last quarter. Finally, Strs Ohio acquired a new stake in AST SpaceMobile in the first quarter valued at approximately $168,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

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.