AST SpaceMobile (NASDAQ:ASTS) Trading Up 4.1% – Still a Buy?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded up 4.1% on Thursday . The company traded as high as $87.74 and last traded at $85.76. 9,236,836 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 15,639,140 shares. The stock had previously closed at $82.36.

More AST SpaceMobile News

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

• Positive Sentiment: ASTS secured a roughly $30 million SDA prime contract to deploy BlueBird LEO satellites, bringing the company into U.S. national‑security / dual‑use communications work — a material new revenue channel and credibility boost for government business. AST SpaceMobile’s SDA Contract Shifts Story Toward Defense And Dual Use
• Positive Sentiment: Market reaction: coverage and the contract announcement drove a notable intraday jump after the government award was disclosed, supporting today’s share strength. AST SpaceMobile Jumps 9% After Government Contract Announcement
• Neutral Sentiment: Upcoming catalyst: ASTS reports Q4 results after the close on March 2 — investors are positioning ahead of the print, so short‑term moves may be driven by expectations for new-launch timing, subscriber/site updates or further contract details. Satellite Stock Needs a Post-Earnings Pop to Stop the Slide
• Neutral Sentiment: Short interest data shown recently is inconsistent (reported as zero shares / NaN changes) — unclear signal; not currently a reliable driver of price moves. (Data entries 2/25–2/26)
• Negative Sentiment: Valuation and analyst caution: some coverage flags a high market cap versus limited current revenue and substantial cash burn; at least one Wall Street note cited a “Reduce” rating and estimate cuts — these raise downside risk if earnings or launch execution miss expectations. How Should You Play ASTS Stock Ahead of Q4 Earnings Release?
• Negative Sentiment: Sentiment and fundamentals warning: independent commentary highlights a disconnect between a multibillion market cap and modest recent revenue plus sizable operating cash outflows — a reminder that the rally is priced for successful launches and commercialization execution. ASTS Trades at $30 Billion While Reddit Turns Sharply Bearish

Analyst Upgrades and Downgrades

ASTS has been the subject of a number of recent analyst reports. B. Riley Financial dropped their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Zacks Research lowered shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Scotiabank cut shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 target price for the company. in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, AST SpaceMobile has a consensus rating of “Reduce” and an average target price of $52.94.

AST SpaceMobile Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 9.48 and a current ratio of 9.56. The stock has a market capitalization of $31.48 billion, a P/E ratio of -69.16 and a beta of 2.70. The business has a 50-day moving average price of $93.22 and a 200 day moving average price of $72.05.

Insider Transactions at AST SpaceMobile

In other news, Director Keith R. Larson acquired 625 shares of AST SpaceMobile stock in a transaction on Wednesday, December 24th. The stock was acquired at an average cost of $80.00 per share, for a total transaction of $50,000.00. Following the purchase, the director owned 2,015 shares in the company, valued at $161,200. This trade represents a 44.96% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Maya Bernal sold 6,000 shares of AST SpaceMobile stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $73.76, for a total transaction of $442,560.00. Following the completion of the transaction, the chief accounting officer directly owned 122,486 shares of the company’s stock, valued at $9,034,567.36. This trade represents a 4.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 2,015 shares of company stock valued at $149,144 and sold 2,344,621 shares valued at $163,788,075. Insiders own 30.90% of the company’s stock.

Hedge Funds Weigh In On AST SpaceMobile

A number of hedge funds have recently added to or reduced their stakes in ASTS. Alpine Global Management LLC bought a new position in AST SpaceMobile in the 4th quarter valued at approximately $218,000. TRU Independence Asset Management 2 LLC bought a new stake in shares of AST SpaceMobile in the 4th quarter worth $726,000. Invesco Ltd. raised its stake in shares of AST SpaceMobile by 46.7% in the fourth quarter. Invesco Ltd. now owns 312,616 shares of the company’s stock worth $22,705,000 after purchasing an additional 99,526 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in shares of AST SpaceMobile during the fourth quarter valued at $1,050,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of AST SpaceMobile by 392.5% during the fourth quarter. Corient Private Wealth LLC now owns 36,510 shares of the company’s stock valued at $2,652,000 after purchasing an additional 29,097 shares in the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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.