AST SpaceMobile (NASDAQ:ASTS) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

AST SpaceMobile (NASDAQ:ASTS) issued its quarterly earnings data on Monday. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.42) by ($0.02), FiscalAI reports. The company had revenue of $42.32 million during the quarter, compared to analyst estimates of $45.73 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.

AST SpaceMobile Stock Up 14.1%

Shares of NASDAQ ASTS traded up $4.56 during midday trading on Monday, hitting $36.89. The company’s stock had a trading volume of 27,326,582 shares, compared to its average volume of 16,811,486. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90. The firm has a market capitalization of $14.36 billion, a price-to-earnings ratio of -17.24 and a beta of 2.88. The business’s fifty day simple moving average is $52.17 and its two-hundred day simple moving average is $76.01. AST SpaceMobile has a 1 year low of $27.58 and a 1 year high of $133.86.

Insider Buying and Selling

In related news, COO Shanti Gupta sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Adriana Cisneros bought 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The shares were acquired at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the completion of the acquisition, the director owned 797,023 shares in the company, valued at $45,605,656.06. This represents a 1.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 20.89% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. William Blair reiterated a “market perform” rating on shares of AST SpaceMobile in a report on Monday, October 5th. B. Riley Financial lowered AST SpaceMobile from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $85.00 to $65.00 in a research report on Friday, October 2nd. Berenberg Bank started coverage on AST SpaceMobile in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $92.00 price objective for the company. Piper Sandler cut AST SpaceMobile from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $98.00 to $54.00 in a research note on Tuesday, October 13th. Finally, Scotiabank upgraded AST SpaceMobile from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $50.80 to $55.70 in a report on Friday, October 23rd. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $80.67.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile and Rakuten Group established Rakuten AST, a joint venture to build a direct-to-device satellite network in Japan. Reports point to about $1 billion in expected government support, giving AST a potential government-backed customer and a path into a market where major carriers use Starlink. Rakuten and AST SpaceMobile establish joint venture
• Neutral Sentiment: A broader rebound in space stocks and the market, plus possible short covering ahead of earnings, may also have supported ASTS; these factors are less specific to the company’s underlying outlook. What is driving the pre-earnings rally
• Negative Sentiment: Third-quarter results missed analyst expectations: AST reported a loss of $0.44 per share versus an expected $0.42 loss, while revenue of $42.32 million fell short of the $45.73 million consensus. The shortfall may temper optimism from the partnership announcement. Third-quarter 2026 results and business update
• Negative Sentiment: Analyst caution and litigation remain risks: UBS cut its price target to $43 from $62, and Scotiabank moved to Sell with a $45.60 target. A securities class action alleges the company made misleading statements about its capital position and competitive lead; the allegations are not proven. Lawsuit notice and analyst target changes

About AST SpaceMobile

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.