AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 4.4% on Disappointing Earnings

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) dropped 4.4% on Monday following a dissappointing earnings announcement. The company traded as low as $68.27 and last traded at $68.76. Approximately 12,809,373 shares were traded during mid-day trading, a decline of 29% from the average session volume of 18,128,504 shares. The stock had previously closed at $71.94.

The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The company had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.98 million.

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

Wall Street Analyst Weigh In

ASTS has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research report on Wednesday, April 15th. UBS Group dropped their price objective on shares of AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft cut shares of AST SpaceMobile from a “buy” rating to a “hold” rating and cut their target price for the company from $117.00 to $106.00 in a research note on Friday, May 29th. New Street Research set a $106.00 price target on AST SpaceMobile in a research report on Friday, May 29th. Finally, B. Riley Financial raised AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $87.60.

Insider Buying and Selling

In other news, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $96.37, for a total value of $3,854,800.00. Following the transaction, the chief technology officer directly owned 34,750 shares in the company, valued at $3,348,857.50. This trade represents a 53.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total value of $1,145,100.00. Following the transaction, the director owned 43,239 shares in the company, valued at approximately $3,300,865.26. This trade represents a 25.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 105,809 shares of company stock worth $9,748,492 over the last three months. 20.89% of the stock is currently owned by company insiders.

Institutional Trading of AST SpaceMobile

Institutional investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC bought a new position in shares of AST SpaceMobile during the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its stake in shares of AST SpaceMobile by 16,350.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after purchasing an additional 327 shares during the period. Grove Bank & Trust bought a new stake in AST SpaceMobile in the second quarter valued at $27,000. Acumen Wealth Advisors LLC bought a new position in shares of AST SpaceMobile in the 4th quarter worth $29,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of AST SpaceMobile during the third quarter valued at approximately $29,000. Institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Price Performance

The stock has a market cap of $26.69 billion, a PE ratio of -38.63 and a beta of 2.76. The business has a 50 day moving average price of $75.96 and a two-hundred day moving average price of $86.00. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47.

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.