AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 3.1% – Should You Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares were down 3.1% during mid-day trading on Thursday. The stock traded as low as $56.92 and last traded at $57.04. Approximately 12,311,465 shares were traded during mid-day trading, a decline of 25% from the average session volume of 16,520,297 shares. The stock had previously closed at $58.86.

Key AST SpaceMobile News

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

• Positive Sentiment: AST SpaceMobile shipped three additional BlueBird satellites to Cape Canaveral, supporting expectations for continued constellation expansion and future direct-to-smartphone service. CEO Abel Avellan is also seeking broader spectrum access from the FCC, including potential use of lower 6 GHz spectrum, which could improve the network’s long-term capacity. AST SpaceMobile ships satellites and seeks broader spectrum access
• Positive Sentiment: The company’s recently disclosed appointment of Wayne Thorsen as chief commercial officer adds telecommunications and distribution experience from Google Fi and SiriusXM, potentially strengthening commercial partnerships and customer adoption efforts. AST SpaceMobile appoints new commercial chief
• Neutral Sentiment: Several reports highlight AST SpaceMobile’s potential to become a major space-industry company and possibly qualify for Nasdaq-100 inclusion by 2030, but this is speculative and does not provide a near-term earnings catalyst. Space stocks that could join the Nasdaq-100
• Negative Sentiment: B. Riley downgraded the stock and reduced its price target to $65, citing rising competition, uncertain pricing, and launch delays. The concerns suggest that AST SpaceMobile may face pressure to prove its service can generate attractive returns despite its substantial satellite deployment costs. B. Riley cuts AST SpaceMobile price target
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who bought ASTS between March 4, 2025, and July 15, 2026. The allegations include material misstatements or omissions about the company’s capital and liquidity position; investors have until November 13, 2026, to seek lead-plaintiff status. The repeated announcements add reputational and potential legal-liability risks. AST SpaceMobile securities-fraud lawsuit

Wall Street Analyst Weigh In

ASTS has been the subject of a number of research reports. Royal Bank Of Canada cut shares of AST SpaceMobile to a “sector perform” rating in a report on Friday. B. Riley Financial cut AST SpaceMobile from a “buy” rating to a “neutral” rating and dropped their price target for the company from $85.00 to $65.00 in a report on Friday. Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective for the company in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on AST SpaceMobile in a research note on Wednesday, August 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, September 21st. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $84.58.

AST SpaceMobile Stock Up 2.5%

The firm has a market cap of $22.75 billion, a P/E ratio of -27.31 and a beta of 2.72. The business’s fifty day moving average price is $62.82 and its two-hundred day moving average price is $76.86. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) 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 the consensus estimate of $34.53 million. During the same quarter in the prior year, the company posted ($0.41) earnings per share. As a group, equities research analysts anticipate that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Insider Transactions at AST SpaceMobile

In related news, Director Adriana Cisneros acquired 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 acquisition, the director owned 797,023 shares in the company, valued at approximately $45,605,656.06. The trade was a 1.38% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Shanti Gupta sold 12,000 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total value of $706,680.00. Following the transaction, the chief operating officer directly owned 462,980 shares in the company, valued at approximately $27,264,892.20. This represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 20.89% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AST SpaceMobile

A number of institutional investors have recently modified their holdings of ASTS. Focus Partners Wealth grew its holdings in shares of AST SpaceMobile by 8,016.7% during the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company’s stock worth $92,000,000 after purchasing an additional 1,253,967 shares in the last quarter. Tidal Investments LLC raised its stake in shares of AST SpaceMobile by 9,876.8% in the second 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. Tema ETFs LLC lifted its position in AST SpaceMobile by 109,486.8% in the second quarter. Tema ETFs LLC now owns 1,003,815 shares of the company’s stock worth $89,199,000 after purchasing an additional 1,002,899 shares during the period. Bank of America Corp DE lifted its position in AST SpaceMobile by 140.3% in the first quarter. Bank of America Corp DE now owns 1,644,246 shares of the company’s stock worth $136,259,000 after purchasing an additional 960,045 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in AST SpaceMobile in the second quarter worth $67,907,000. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.