AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 4.2% Following Analyst Upgrade

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s stock price shot up 4.2% during trading on Tuesday after Cantor Fitzgerald raised their price target on the stock from $80.00 to $90.00. Cantor Fitzgerald currently has an overweight rating on the stock. AST SpaceMobile traded as high as $71.91 and last traded at $71.63. Approximately 13,367,016 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 18,103,887 shares. The stock had previously closed at $68.76.

A number of other analysts also recently issued reports on ASTS. B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Friday, July 17th. UBS Group reduced their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft downgraded AST SpaceMobile from a “buy” rating to a “hold” rating and lowered their price target for the company from $117.00 to $106.00 in a research report on Friday, May 29th. Piper Sandler started coverage on AST SpaceMobile in a research note on Wednesday, July 15th. They set an “overweight” rating and a $100.00 price target for the company. Finally, Roth Capital reiterated a “buy” rating and issued a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $87.42.

Insider Activity 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 value of $3,854,800.00. Following the transaction, the chief technology officer owned 34,750 shares in the company, valued at $3,348,857.50. This trade represents a 53.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrew Martin Johnson sold 45,809 shares of the business’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 completion of the sale, the chief financial officer directly owned 503,619 shares of the company’s stock, valued at $47,244,498.39. This represents a 8.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 105,809 shares of company stock valued at $9,748,492. Insiders own 20.89% 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 reaffirmed its 2026 revenue outlook of $150 million to $200 million, broadly in line with Wall Street expectations. Management also highlighted a roughly $1.2 billion-$1.3 billion backlog, more than 60 mobile-network-operator partners and a $1 billion government-related award. AST SpaceMobile Posts Q2 Misses, Backlog Grows to $1.3 Billion
• Positive Sentiment: The company is targeting approximately 45 BlueBird satellites in orbit by early 2027 as it moves toward beta service, expands spectrum and develops commercial and government opportunities. Recent launches and European testing with mobile operators add support to the long-term growth story. ASTS Q2 Earnings Call Puts Beta Rollout and Government Growth in Focus
• Positive Sentiment: Analysts remained constructive: Cantor Fitzgerald raised its price target to $90 and maintained an “overweight” rating, while Piper Sandler kept “overweight” with a $98 target despite trimming it from $100. AST SpaceMobile Price Target Raised at Cantor Fitzgerald
• Neutral Sentiment: Second-quarter revenue rose sharply year over year to $31.5 million, helped by gateway deliveries and government contracts, but commercial SpaceMobile service revenue has not yet begun.
• Negative Sentiment: AST SpaceMobile reported an adjusted loss of $0.77 per share, versus expectations for a loss of roughly $0.26-$0.32, while revenue missed estimates near $35 million. Higher costs and capital expenditures widened losses, marking another quarterly miss and underscoring execution and financing risks. AST SpaceMobile Second Quarter Earnings Fall Short of Estimates

Institutional Investors Weigh In On AST SpaceMobile

Several institutional investors have recently bought and sold shares of ASTS. Focus Partners Wealth raised its holdings in AST SpaceMobile by 8,016.7% during the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company’s stock valued at $92,000,000 after buying an additional 1,253,967 shares during the last quarter. KPP Advisory Services LLC bought a new stake in AST SpaceMobile in the 4th quarter worth $1,649,000. M&T Bank Corp increased its position in shares of AST SpaceMobile by 1,062.9% in the fourth quarter. M&T Bank Corp now owns 77,994 shares of the company’s stock valued at $5,665,000 after acquiring an additional 71,287 shares during the period. ABN Amro Investment Solutions purchased a new position in shares of AST SpaceMobile in the first quarter valued at about $996,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of AST SpaceMobile during the fourth quarter valued at about $2,290,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

AST SpaceMobile Trading Up 4.2%

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 firm’s 50 day moving average price is $75.22 and its 200 day moving average price is $85.69. The stock has a market capitalization of $27.80 billion, a P/E ratio of -40.24 and a beta of 2.76.

AST SpaceMobile (NASDAQ:ASTS) last posted its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.98 million. During the same period in the previous year, the business earned ($0.41) earnings per share. As a group, equities research analysts expect that AST SpaceMobile, Inc. will post -1.38 earnings per share for the current fiscal year.

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.