AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 8.5% – Should You Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares traded down 8.5% during trading on Friday. The company traded as low as $40.02 and last traded at $40.66. 17,009,199 shares were traded during trading, an increase of 1% from the average session volume of 16,811,486 shares. The stock had previously closed at $44.46.

AST SpaceMobile News Summary

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

• Positive Sentiment: AST SpaceMobile and TELUS completed an integration test connecting TELUS’s terrestrial network with AST’s satellite system, supporting the company’s strategy to provide direct-to-smartphone connectivity in remote and underserved areas. Launch Delays Could Change The Case For AST SpaceMobile Stock
• Neutral Sentiment: Management’s long-term investment case still depends on launching its BlueBird satellite constellation on schedule and converting partnerships into commercial revenue. Progress on those milestones could help determine whether the recent selloff is temporary or reflects a deeper change in the company’s outlook. AST SpaceMobile Is Building Something Wall Street Can’t Ignore
• Negative Sentiment: SpaceX’s expanding Starlink spectrum access and satellite deployment plans are increasing competitive pressure. Analysts also questioned whether AST SpaceMobile has sufficient launch capacity to build a midband constellation, with one estimate suggesting the 60-satellite target could slip to 2028. ASTS Stock Heads For Worst Year Since Listing
• Negative Sentiment: Piper Sandler downgraded AST SpaceMobile from Overweight to Neutral, while ongoing earnings and revenue shortfalls continue to undermine confidence in the company’s execution and near-term valuation. Piper Sandler Downgrades AST SpaceMobile
• Negative Sentiment: Several law firms publicized a securities class action covering investors who purchased ASTS securities from March 4, 2025, through July 15, 2026. The allegations include potentially misleading disclosures about liquidity and capital needs, including roughly $3 billion of convertible-note offerings. The lead-plaintiff deadline is November 13, 2026, adding legal and reputational overhang. ASTS Securities Class Action Deadline Alert
• Negative Sentiment: AST SpaceMobile’s stock has fallen about 67% over the reported period as investors reassess launch timing, competition, litigation exposure, and the company’s ability to meet its revenue plan. AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?

Analyst Upgrades and Downgrades

ASTS has been the topic of a number of recent research reports. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a report on Monday, October 5th. UBS Group began coverage on shares of AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a “buy” rating for the company. Cantor Fitzgerald boosted their price target on AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target on the stock in a research note on Wednesday, July 29th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, September 21st. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AST SpaceMobile currently has a consensus rating of “Hold” and an average target price of $80.18.

AST SpaceMobile Stock Performance

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 stock’s fifty day moving average is $61.23 and its two-hundred day moving average is $74.42. The firm has a market capitalization of $15.82 billion, a price-to-earnings ratio of -19.00 and a beta of 2.72.

AST SpaceMobile (NASDAQ:ASTS) last announced 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). The company had revenue of $31.52 million for the quarter, compared to analyst estimates of $34.53 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%. During the same period in the prior year, the business earned ($0.41) earnings per share. Analysts forecast that AST SpaceMobile, Inc. will post -1.92 earnings per share for the current year.

Insider Activity at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of the business’s 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 transaction, the chief technology officer owned 34,750 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti Gupta sold 12,000 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the transaction, the chief operating officer owned 462,980 shares of the company’s stock, valued at $27,264,892.20. This represents a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. SLT Holdings LLC bought a new position in AST SpaceMobile during the 3rd quarter valued at $206,000. Sanders Morris Harris LLC acquired a new position in shares of AST SpaceMobile in the 3rd quarter worth approximately $1,020,000. Lodestone Wealth Management LLC boosted its holdings in AST SpaceMobile by 39.3% during the third quarter. Lodestone Wealth Management LLC now owns 2,691 shares of the company’s stock worth $158,000 after buying an additional 759 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of AST SpaceMobile by 14.3% in the third quarter. Focus Financial Network Inc. now owns 3,898 shares of the company’s stock valued at $229,000 after buying an additional 487 shares in the last quarter. Finally, Salvus Wealth Management LLC boosted its stake in shares of AST SpaceMobile by 0.4% during the 3rd quarter. Salvus Wealth Management LLC now owns 70,662 shares of the company’s stock worth $4,159,000 after acquiring an additional 263 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.