AST SpaceMobile (NASDAQ:ASTS) Issues Quarterly Earnings Results, Misses Expectations By $0.45 EPS

AST SpaceMobile (NASDAQ:ASTS) posted its quarterly earnings data on Monday. The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45), FiscalAI reports. The firm had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.98 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.

AST SpaceMobile Stock Performance

NASDAQ ASTS traded down $3.18 during trading hours on Monday, hitting $68.76. The company’s stock had a trading volume of 14,265,232 shares, compared to its average volume of 18,129,148. AST SpaceMobile has a 12 month low of $36.08 and a 12 month high of $133.86. The company’s 50 day simple moving average is $75.96 and its two-hundred day simple moving average is $86.00. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 18.37. The company has a market cap of $26.69 billion, a P/E ratio of -38.63 and a beta of 2.76.

Insider Buying and Selling at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction dated 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 sale, the chief technology officer owned 34,750 shares of the company’s stock, valued at $3,348,857.50. This trade represents a 53.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julio A. Torres sold 15,000 shares of AST SpaceMobile stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the completion of the sale, the director owned 43,239 shares of the company’s stock, valued at $3,300,865.26. This represents a 25.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 105,809 shares of company stock worth $9,748,492. Company insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its position in AST SpaceMobile by 46.7% in the 4th quarter. Invesco Ltd. now owns 312,616 shares of the company’s stock worth $22,705,000 after purchasing an additional 99,526 shares during the period. Axxcess Wealth Management LLC bought a new position in shares of AST SpaceMobile during the 4th quarter valued at $1,050,000. Corient Private Wealth LLC lifted its holdings in shares of AST SpaceMobile by 392.5% during the 4th quarter. Corient Private Wealth LLC now owns 36,510 shares of the company’s stock valued at $2,652,000 after buying an additional 29,097 shares during the period. Creek Drive Management Group LLC purchased a new position in shares of AST SpaceMobile in the 4th quarter worth $6,362,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of AST SpaceMobile by 37.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,630 shares of the company’s stock worth $482,000 after acquiring an additional 1,819 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile issued fiscal 2026 revenue guidance of $150 million to $200 million, a range that brackets consensus of $167.8 million and implies a midpoint modestly above expectations. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
• Positive Sentiment: The company highlighted continued expansion of its space-based cellular network, including the successful deployment of BlueBird 11, 12 and 13 satellites and integration testing with major European mobile operators. These developments support the long-term commercial rollout of direct-to-smartphone connectivity. Can ASTS’ Satellite Connectivity Rollout Across Europe Lift Shares?
• Neutral Sentiment: AST SpaceMobile’s technology platform, mobile-operator partnerships and intellectual-property portfolio remain central to its investment case, but the company is still in a heavy investment phase ahead of broader service deployment. AST SpaceMobile Provides Business Update and Second Quarter 2026 Results
• Negative Sentiment: Second-quarter results fell short of expectations: AST SpaceMobile reported an adjusted loss of $0.77 per share versus consensus for a $0.32 loss, while revenue of $31.52 million missed the $34.98 million estimate. The company also reported a deeply negative net margin, reinforcing concerns about near-term profitability and execution risk. AST SpaceMobile Quarterly Results

Analyst Upgrades and Downgrades

ASTS has been the topic of a number of research reports. Roth Capital restated a “buy” rating and set a $108.00 target price on shares of AST SpaceMobile in a report on Tuesday, May 12th. UBS Group lowered their price target on shares of AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Wall Street Zen lowered shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft downgraded shares of AST SpaceMobile from a “buy” rating to a “hold” rating and decreased their target price for the company from $117.00 to $106.00 in a research note on Friday, May 29th. Finally, Piper Sandler started coverage on AST SpaceMobile in a research report on Wednesday, July 15th. They issued an “overweight” rating and a $100.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $87.60.

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.