AST SpaceMobile (NASDAQ:ASTS) Shares Down 4.7% – Should You Sell?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) fell 4.7% on Friday . The stock traded as low as $89.47 and last traded at $89.48. 13,498,706 shares changed hands during trading, a decline of 16% from the average session volume of 15,995,121 shares. The stock had previously closed at $93.86.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and helped lift sentiment by validating operator demand for direct-to-cell service; this deal supports near-term revenue growth and rollout plans. TELUS Partners with AST SpaceMobile
• Positive Sentiment: Orange added AST SpaceMobile to its satellite roster and scheduled Europe D2C trials for late 2026 — another major operator endorsement that increases potential European commercial traction. Orange Adds AST SpaceMobile
• Positive Sentiment: ASTS reported meaningful 2025 revenue (~$70.9M), a growing pipeline (~$1.2B contracted backlog) and plans to launch 45–60 satellites by end‑2026 — operational proof that the business is scaling from pre‑revenue to commercial receipts. Seeking Alpha: AST SpaceMobile revenue and plans
• Positive Sentiment: Analyst coverage turned more constructive: Zacks moved ASTS from “strong sell” to “hold” and other upgrades sparked intraday rallies in recent sessions, indicating improving sell‑side sentiment can amplify momentum. Zacks upgrade Analyst upgrade article
• Neutral Sentiment: Media pieces highlight ASTS as a direct competitor to SpaceX’s Starlink (different product/market focus) — competition raises strategic questions but doesn’t remove near‑term operator contracts or revenue. ASTS vs Starlink
• Neutral Sentiment: Sector comparisons (e.g., vs. Rocket Lab) and broader market volatility (macro headlines) are contributing to mixed trading — investors are differentiating capital‑intensive launch plays. Fool comparison
• Negative Sentiment: Valuation and cash‑burn concerns remain: analysts warn ASTS’s premium multiple and high operating costs increase downside risk if cadence of deployments or operator rollouts slips. Zacks: 181% rise and risks
• Negative Sentiment: Profitability metrics are weak (negative EPS and very large negative margins reported recently), so any slowdown in operator conversions or higher launch costs could press the stock lower. Financials and risks
• Neutral Sentiment: Reported short‑interest data in feeds appears anomalous/zero — not a reliable signal this cycle; ignore until clarified by exchange filings.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ASTS shares. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday. B. Riley Financial decreased their target price on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Scotiabank downgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $63.77.

AST SpaceMobile Stock Down 4.7%

The stock has a market capitalization of $32.84 billion, a price-to-earnings ratio of -67.78 and a beta of 2.77. The business has a 50-day moving average of $95.06 and a 200-day moving average of $74.13. The company has a debt-to-equity ratio of 0.92, a quick ratio of 9.48 and a current ratio of 16.35.

AST SpaceMobile (NASDAQ:ASTS) last posted its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). The company had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The firm’s quarterly revenue was up 2731.3% compared to the same quarter last year. On average, sell-side analysts expect that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

Insider Activity

In other news, Director Keith R. Larson purchased 625 shares of the firm’s stock in a transaction on Wednesday, December 24th. The shares were bought at an average cost of $80.00 per share, for a total transaction of $50,000.00. Following the completion of the purchase, the director directly owned 2,015 shares of the company’s stock, valued at approximately $161,200. This trade represents a 44.96% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the transaction, the insider owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have purchased 2,015 shares of company stock valued at $149,144. Company insiders own 30.90% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors and hedge funds have recently modified their holdings of the company. REAP Financial Group LLC purchased a new position in AST SpaceMobile during the 3rd quarter valued at about $25,000. Crewe Advisors LLC purchased a new stake in AST SpaceMobile during the fourth quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new stake in shares of AST SpaceMobile during the fourth quarter worth about $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of AST SpaceMobile during the second quarter worth about $28,000. Finally, Byrne Asset Management LLC purchased a new position in shares of AST SpaceMobile in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

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.