AST SpaceMobile (NASDAQ:ASTS) Trading Up 5.8% – Should You Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 5.8% during mid-day trading on Monday . The stock traded as high as $62.36 and last traded at $61.89. 10,492,231 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 16,789,070 shares. The stock had previously closed at $58.52.

AST SpaceMobile News Roundup

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

• Positive Sentiment: Investor optimism remains focused on AST SpaceMobile’s rapidly expanding satellite network, expected beta service, and potential entry into Japan. A bullish commentary argued that the company could be one of the best-performing space stocks in 2027. Prediction: AST SpaceMobile Will Be the Best-Performing Space Stock of 2027
• Positive Sentiment: AST SpaceMobile was also part of a broader rally in space stocks, supported by investor interest in launch, lunar, and satellite companies. Separate analysis highlighted 13 satellites already in orbit and the company’s effort to build a direct-to-smartphone broadband network. Space stocks rally
• Neutral Sentiment: The latest session’s 2.91% gain brought ASTS to $63.69, modestly above its 50-day moving average of $62.81 but still below its 200-day average of $78.42, indicating continued volatility and a longer-term recovery still in progress. AST SpaceMobile stock performance
• Negative Sentiment: Several law firms announced or promoted a securities class action covering investors who purchased ASTS securities from March 4, 2025, through July 15, 2026. The complaints allege that AST SpaceMobile and certain executives made materially false or misleading statements, including allegedly inadequate disclosure of slow user adoption in the United States and Japan and dilution related to three $1 billion convertible-note offerings. The allegations have not been proven. Investors seeking lead-plaintiff status generally face a November 13, 2026 deadline. Pomerantz class action announcement

Analyst Upgrades and Downgrades

ASTS has been the topic of several research analyst reports. New Street Research set a $106.00 target price on AST SpaceMobile in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of AST SpaceMobile in a research report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price on the stock in a research note on Wednesday, July 29th. Finally, UBS Group started coverage on shares of AST SpaceMobile in a research report on Wednesday, September 2nd. They set a “buy” rating on the stock. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $86.58.

AST SpaceMobile Price Performance

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 cap of $24.66 billion, a PE ratio of -29.48 and a beta of 2.74. The firm has a 50-day simple moving average of $62.81 and a 200 day simple moving average of $78.42.

AST SpaceMobile (NASDAQ:ASTS) last released its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The business had revenue of $31.52 million during the quarter, compared to analysts’ expectations of $34.53 million. During the same period in the prior year, the company earned ($0.41) earnings per share. As a group, equities analysts expect that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the completion of the transaction, the chief technology officer owned 34,750 shares of the company’s stock, valued at approximately $2,047,817.50. This trade represents a 53.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Adriana Cisneros bought 10,822 shares of the stock in a transaction dated Monday, August 31st. The shares were acquired at an average price of $57.22 per share, with a total value of $619,234.84. Following the completion of the acquisition, the director directly owned 797,023 shares of the company’s stock, valued at approximately $45,605,656.06. The trade was a 1.38% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC increased its holdings in shares of AST SpaceMobile by 21.0% during the second quarter. Sequoia Financial Advisors LLC now owns 5,309 shares of the company’s stock valued at $472,000 after acquiring an additional 920 shares in the last quarter. Tidal Investments LLC grew its position in AST SpaceMobile by 9,876.8% during 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 during the last quarter. IPG Investment Advisors LLC grew its position in AST SpaceMobile by 15.9% during 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 during the last quarter. MCF Advisors LLC increased its stake in AST SpaceMobile by 365.1% during the 2nd quarter. MCF Advisors LLC now owns 1,372 shares of the company’s stock valued at $122,000 after purchasing an additional 1,077 shares in the last quarter. Finally, National Pension Service increased its stake in AST SpaceMobile by 90.8% during the 2nd quarter. National Pension Service now owns 24,235 shares of the company’s stock valued at $2,154,000 after purchasing an additional 11,536 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

About AST SpaceMobile

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.