AST SpaceMobile (NASDAQ:ASTS) Shares Up 5.8% – Here’s Why

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded up 5.8% on Thursday . The company traded as high as $63.70 and last traded at $62.71. 9,132,580 shares traded hands during trading, a decline of 46% from the average session volume of 16,806,615 shares. The stock had previously closed at $59.27.

AST SpaceMobile News Roundup

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

• Positive Sentiment: AST SpaceMobile’s patent strategy is receiving attention as it competes with Starlink in direct-to-device connectivity. ASTS uses large satellite antenna arrays to connect with standard, unmodified smartphones, a distinction that could support its competitive positioning. AST SpaceMobile expands patent shield
• Positive Sentiment: Retail investors appear to be defending ASTS’s long-term growth outlook despite near-term execution concerns, helping support sentiment around the stock. ASTS retail sentiment and BlueBird updates
• Neutral Sentiment: Analysts have a consensus “Hold” recommendation, indicating limited conviction while investors assess ASTS’s launch schedule, commercialization prospects and substantial operating losses. AST SpaceMobile analyst consensus
• Negative Sentiment: Multiple law firms announced or promoted securities class actions concerning AST SpaceMobile and certain officers. The lawsuits generally cover investors who purchased shares from March 4, 2025, through July 15, 2026, with a November 13, 2026 deadline for seeking lead-plaintiff status. The allegations include misleading statements about ASTS’s competitive position, user adoption in the United States and Japan, and the company’s capital position. AST SpaceMobile class action announcement
• Negative Sentiment: Investors remain focused on the lack of a formally announced shipment, Cape Canaveral arrival or launch date for BlueBird satellites 14–16. Continued uncertainty could delay network expansion and revenue growth. Reports also noted that senior executives filed to sell shares, adding to investor caution. BlueBird delays and executive share sales

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ASTS shares. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a research note on Friday, May 29th. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective on the stock in a research report on Wednesday, July 29th. Berenberg Bank initiated coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $92.00 price objective for the company. UBS Group began coverage on AST SpaceMobile in a research report on Wednesday, September 2nd. They set a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 target price on AST SpaceMobile in a research note on Wednesday, August 12th. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $86.58.

AST SpaceMobile Stock Performance

The firm has a market capitalization of $24.40 billion, a P/E ratio of -29.30 and a beta of 2.74. 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 50-day moving average price of $63.55 and a two-hundred day moving average price of $79.24.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). The company had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.53 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.During the same quarter in the previous year, the company posted ($0.41) earnings per share. On average, analysts forecast that AST SpaceMobile, Inc. will post -1.95 EPS for the current fiscal year.

Insider Transactions at AST SpaceMobile

In other news, Director Adriana Cisneros acquired 10,822 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average price of $57.22 per share, with a total value of $619,234.84. Following the completion of the purchase, the director directly owned 797,023 shares in the company, valued at $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.89% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AST SpaceMobile

Hedge funds have recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its holdings in AST SpaceMobile by 21.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,309 shares of the company’s stock worth $472,000 after acquiring an additional 920 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of AST SpaceMobile by 9,876.8% in the 2nd quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock valued at $93,220,000 after purchasing an additional 1,038,546 shares in the last quarter. IPG Investment Advisors LLC raised its holdings in shares of AST SpaceMobile by 15.9% in the 2nd quarter. IPG Investment Advisors LLC now owns 8,660 shares of the company’s stock valued at $770,000 after purchasing an additional 1,185 shares in the last quarter. MCF Advisors LLC lifted its position in shares of AST SpaceMobile by 365.1% in the 2nd quarter. MCF Advisors LLC now owns 1,372 shares of the company’s stock worth $122,000 after purchasing an additional 1,077 shares during the period. Finally, National Pension Service lifted its position in shares of AST SpaceMobile by 90.8% in the 2nd quarter. National Pension Service now owns 24,235 shares of the company’s stock worth $2,154,000 after purchasing an additional 11,536 shares during the period. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company’s primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.