William Blair Raises Earnings Estimates for AST SpaceMobile

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Equities research analysts at William Blair lifted their Q4 2025 earnings per share (EPS) estimates for shares of AST SpaceMobile in a research note issued to investors on Wednesday, October 29th. William Blair analyst L. Dipalma now expects that the company will earn ($0.12) per share for the quarter, up from their previous forecast of ($0.13). William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for AST SpaceMobile’s current full-year earnings is ($0.40) per share. William Blair also issued estimates for AST SpaceMobile’s FY2026 earnings at ($0.60) EPS.

Several other analysts have also weighed in on the company. UBS Group lowered AST SpaceMobile from a “buy” rating to a “neutral” rating and decreased their price target for the company from $62.00 to $43.00 in a report on Tuesday, September 9th. Barclays lowered AST SpaceMobile from an “overweight” rating to an “underweight” rating and set a $60.00 price target on the stock. in a report on Friday, October 17th. Roth Capital restated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, August 12th. Zacks Research lowered AST SpaceMobile from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 21st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $45.27.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $70.05 on Monday. The stock’s fifty day moving average is $61.70 and its 200 day moving average is $47.25. AST SpaceMobile has a fifty-two week low of $17.50 and a fifty-two week high of $102.79. The firm has a market capitalization of $25.11 billion, a PE ratio of -37.06 and a beta of 2.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 8.23 and a current ratio of 8.23.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings results on Monday, August 11th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.22). AST SpaceMobile had a negative net margin of 7,213.90% and a negative return on equity of 26.81%. The company had revenue of $1.16 million for the quarter, compared to analysts’ expectations of $6.37 million.

Insiders Place Their Bets

In other AST SpaceMobile news, CFO Andrew Martin Johnson sold 20,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $52.48, for a total value of $1,049,600.00. Following the sale, the chief financial officer owned 397,485 shares in the company, valued at $20,860,012.80. This trade represents a 4.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $40.58, for a total value of $1,623,200.00. Following the completion of the sale, the chief technology officer owned 4,750 shares in the company, valued at approximately $192,755. The trade was a 89.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 30.90% of the company’s stock.

Hedge Funds Weigh In On AST SpaceMobile

A number of hedge funds and other institutional investors have recently made changes to their positions in ASTS. Atlantic Union Bankshares Corp bought a new position in shares of AST SpaceMobile during the 2nd quarter worth $28,000. Geneos Wealth Management Inc. grew its position in shares of AST SpaceMobile by 225.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock worth $32,000 after buying an additional 450 shares in the last quarter. Binnacle Investments Inc bought a new position in shares of AST SpaceMobile during the 2nd quarter worth $33,000. GAMMA Investing LLC grew its position in shares of AST SpaceMobile by 388.7% during the 1st quarter. GAMMA Investing LLC now owns 1,559 shares of the company’s stock worth $35,000 after buying an additional 1,240 shares in the last quarter. Finally, Chapman Financial Group LLC bought a new position in shares of AST SpaceMobile during the 2nd quarter worth $38,000. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.