AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 5.8% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares dropped 5.8% during mid-day trading on Thursday. The stock traded as low as $34.45 and last traded at $34.50. 9,866,830 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 16,830,453 shares. The stock had previously closed at $36.62.

Recent AST SpaceMobile Headlines

Here are a few of the latest headlines about ASTS:

• Negative Sentiment: ASTS missed quarterly estimates: it reported a loss of $0.44 per share versus the expected $0.41 loss, and revenue of $42.32 million versus $45.73 million expected. Revenue grew sharply year over year, but the miss, rising spending and continuing cash-burn concerns weighed on the outlook. AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
• Negative Sentiment: Analyst valuation views have weakened: UBS cut its price target to $43 from $78, while a separate assessment lowered implied fair value to $66.18 from $74.28. These revisions reinforce concerns about launch timing, financing needs and competition. Is UBS Wrong to Give Up on AST SpaceMobile? Wall Street Still Sees $68
• Negative Sentiment: Several law firms publicized a securities class action covering investors who acquired ASTS from March 4, 2025, through July 15, 2026. The complaint alleges misstatements or omissions about capital and liquidity; these are allegations, not established findings, but the litigation adds uncertainty. The lead-plaintiff deadline is November 13, 2026. ASTS Deadline in 1 Day: Investors’ Securities Fraud Class Action

Wall Street Analyst Weigh In

Several analysts have recently commented on ASTS shares. Citigroup restated a “positive” rating on shares of AST SpaceMobile in a report on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of AST SpaceMobile in a report on Monday. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, September 21st. Bank of America restated a “neutral” rating on shares of AST SpaceMobile in a research report on Tuesday. Finally, William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a report on Wednesday. Six analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, AST SpaceMobile currently has a consensus rating of “Hold” and a consensus price target of $75.47.

AST SpaceMobile Stock Down 5.8%

The firm’s fifty day moving average price is $50.85 and its 200-day moving average price is $74.88. The company has a market cap of $13.43 billion, a price-to-earnings ratio of -16.20 and a beta of 2.88. The company has a current ratio of 13.65, a quick ratio of 12.90 and a debt-to-equity ratio of 1.89.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings data on Monday, November 9th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.03). AST SpaceMobile had a negative net margin of 439.71% and a negative return on equity of 22.00%. The business had revenue of $42.32 million for the quarter, compared to the consensus estimate of $45.73 million. During the same quarter last year, the firm earned ($0.45) EPS. The company’s revenue for the quarter was up 187.9% on a year-over-year basis. Sell-side analysts predict that AST SpaceMobile, Inc. will post -1.92 earnings per share for the current year.

Insider Buying and Selling at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the completion of the sale, the chief technology officer owned 34,750 shares of the company’s stock, valued at $2,047,817.50. This represents a 53.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti B. Gupta sold 12,000 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the sale, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at $27,264,892.20. This represents a 2.53% decrease in their position. 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

Several institutional investors have recently added to or reduced their stakes in ASTS. Tidal Investments LLC boosted its stake 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 purchasing an additional 1,038,546 shares during the period. Tema ETFs LLC boosted its position in shares of AST SpaceMobile by 109,486.8% during the second quarter. Tema ETFs LLC now owns 1,003,815 shares of the company’s stock worth $89,199,000 after buying an additional 1,002,899 shares during the period. Bank of America Corp DE boosted its position in shares of AST SpaceMobile by 140.3% during the first quarter. Bank of America Corp DE now owns 1,644,246 shares of the company’s stock worth $136,259,000 after buying an additional 960,045 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of AST SpaceMobile during the third quarter worth about $45,926,000. Finally, Bank of New York Mellon Corp bought a new position in shares of AST SpaceMobile during the second quarter worth about $67,907,000. 60.95% of the stock is owned by institutional investors.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc. develops a space-based cellular broadband network designed to connect directly with standard mobile phones, without requiring users to purchase specialized satellite devices. Its planned services include voice calls, text messaging and mobile broadband, delivered through partnerships with mobile network operators and integrated with their existing networks. The company is developing and deploying its BlueBird satellite system to provide coverage in areas where terrestrial cellular networks are unavailable or limited.