AST SpaceMobile (NASDAQ:ASTS) Stock Rating Upgraded by Scotiabank

AST SpaceMobile (NASDAQ:ASTS) was upgraded by Scotiabank from a “sector underperform” rating to a “sector perform” rating in a note issued to investors on Wednesday, Marketbeat reports. The firm presently has a $50.80 price objective on the stock. Scotiabank’s price target would suggest a potential downside of 10.17% from the company’s current price.

Several other research firms also recently commented on ASTS. Roth Capital reiterated a “buy” rating and issued a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday, May 12th. Barclays lifted their price target on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. B. Riley Financial raised AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Friday, July 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of AST SpaceMobile from a “buy” rating to a “hold” rating and cut their price target for the stock from $117.00 to $106.00 in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $87.60.

AST SpaceMobile Trading Down 3.0%

ASTS stock opened at $56.55 on Wednesday. The company has a market capitalization of $21.95 billion, a PE ratio of -31.77 and a beta of 2.69. 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 has a one year low of $36.08 and a one year high of $133.86. The company’s 50 day moving average price is $83.58 and its two-hundred day moving average price is $88.08.

AST SpaceMobile (NASDAQ:ASTS) last issued its earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business had revenue of $14.73 million during the quarter, compared to analysts’ expectations of $39.01 million. During the same quarter in the previous year, the business earned ($0.20) EPS. AST SpaceMobile’s revenue for the quarter was up 1952.2% compared to the same quarter last year. As a group, analysts predict that AST SpaceMobile will post -1.38 earnings per share for the current fiscal year.

Insider Activity at AST SpaceMobile

In related news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $96.37, for a total transaction of $3,854,800.00. Following the sale, the chief technology officer directly owned 34,750 shares in the company, valued at $3,348,857.50. The trade was a 53.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrew Martin Johnson sold 45,809 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the completion of the transaction, the chief financial officer owned 503,619 shares of the company’s stock, valued at approximately $47,244,498.39. This trade represents a 8.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 105,809 shares of company stock worth $9,748,492 over the last ninety days. 20.89% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ASTS. Calton & Associates Inc. grew its stake in shares of AST SpaceMobile by 0.8% in the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after acquiring an additional 104 shares during the last quarter. Investmark Advisory Group LLC raised its holdings in AST SpaceMobile by 2.7% in the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock worth $337,000 after buying an additional 120 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of AST SpaceMobile by 18.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock worth $67,000 after buying an additional 142 shares in the last quarter. Larson Financial Group LLC boosted its stake in AST SpaceMobile by 39.0% during the 4th quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after purchasing an additional 144 shares during the last quarter. Finally, Capital Advisors Ltd. LLC raised its stake in shares of AST SpaceMobile by 6.6% in the first quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company’s stock worth $219,000 after purchasing an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

AST SpaceMobile News Summary

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

• Positive Sentiment: AST SpaceMobile scheduled the launch of BlueBird satellites 11, 12 and 13 for August 5 aboard a SpaceX Falcon 9 rocket. Successful deployment would expand the company’s space-based cellular broadband network and represents a near-term operational catalyst. AST SpaceMobile Announces Launch Date for BlueBird Satellites 11, 12, and 13
• Positive Sentiment: Vodafone described its partnership with AST SpaceMobile as valuable and said the United Kingdom could begin beta testing in early 2027, although approximately 45 satellites are reportedly needed before testing starts. The update supports the company’s commercial rollout narrative. ASTS Stock Breaks 3-Day Slide: Vodafone Partnership
• Neutral Sentiment: Management will provide second-quarter 2026 financial and business updates on August 10. Investors will likely focus on satellite deployment progress, cash usage, funding needs, commercial agreements and the timing of revenue growth. AST SpaceMobile to Host Second Quarter 2026 Business Update Call
• Neutral Sentiment: Brokerages collectively assigned AST SpaceMobile an average “Hold” recommendation, suggesting analysts see meaningful upside potential but also substantial execution and valuation risks. AST SpaceMobile Given Average Recommendation of Hold
• Negative Sentiment: ASTS declined even as the broader market improved, reflecting continued investor caution toward space stocks. The sector has experienced a sharp correction, with concerns about elevated valuations, negative earnings and limited near-term cash flow weighing on sentiment.
• Negative Sentiment: Amazon’s proposed expansion of its Amazon Leo satellite network increases competitive pressure on AST SpaceMobile. The company also faces competition from SpaceX’s Starlink direct-to-device service, while relying on SpaceX for launches—creating both strategic dependence and potential margin pressure.
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of AST SpaceMobile investors. The announcement does not establish wrongdoing, but it adds legal and headline risk to an already volatile stock. Pomerantz Investor Alert

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.