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

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares traded down 5.8% on Thursday. The stock traded as low as $34.45 and last traded at $34.50. Approximately 9,866,830 shares were traded during trading, a decline of 41% from the average daily volume of 16,830,453 shares. The stock had previously closed at $36.62.

AST SpaceMobile News Summary

Here’s some of the latest news about ASTS:

• Negative Sentiment: ASTS missed quarterly estimates: it reported a loss of $0.44 per share versus the expected $0.41 loss, and revenue of $42.32 million versus $45.73 million expected. Revenue grew sharply year over year, but the miss, rising spending and continuing cash-burn concerns weighed on the outlook. AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
• Negative Sentiment: Analyst valuation views have weakened: UBS cut its price target to $43 from $78, while a separate assessment lowered implied fair value to $66.18 from $74.28. These revisions reinforce concerns about launch timing, financing needs and competition. Is UBS Wrong to Give Up on AST SpaceMobile? Wall Street Still Sees $68
• Negative Sentiment: Several law firms publicized a securities class action covering investors who acquired ASTS from March 4, 2025, through July 15, 2026. The complaint alleges misstatements or omissions about capital and liquidity; these are allegations, not established findings, but the litigation adds uncertainty. The lead-plaintiff deadline is November 13, 2026. ASTS Deadline in 1 Day: Investors’ Securities Fraud Class Action

Analyst Ratings Changes

A number of analysts have recently commented on ASTS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, September 21st. UBS Group decreased their target price on shares of AST SpaceMobile from $78.00 to $43.00 and set a “neutral” rating for the company in a research report on Tuesday. Deutsche Bank upgraded shares of AST SpaceMobile from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a research note on Monday, October 12th. Royal Bank Of Canada lowered shares of AST SpaceMobile to a “sector perform” rating in a research note on Friday, October 2nd. Finally, B. Riley Financial cut their price target on shares of AST SpaceMobile from $65.00 to $48.00 and set a “neutral” rating on the stock in a research report on Tuesday. Six analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $75.47.

AST SpaceMobile Stock Performance

The company has a quick ratio of 12.90, a current ratio of 13.65 and a debt-to-equity ratio of 1.89. The stock has a 50 day simple moving average of $50.85 and a two-hundred day simple moving average of $74.88. The stock has a market capitalization of $13.43 billion, a P/E ratio of -16.20 and a beta of 2.88.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, November 9th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.03). AST SpaceMobile had a negative return on equity of 22.00% and a negative net margin of 439.71%. The company had revenue of $42.32 million for the quarter, compared to analyst estimates of $45.73 million. During the same period last year, the firm earned ($0.45) EPS. The firm’s revenue for the quarter was up 187.9% compared to the same quarter last year. On average, equities analysts forecast that AST SpaceMobile, Inc. will post -1.92 EPS for the current fiscal year.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, COO Shanti B. Gupta sold 12,000 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total transaction of $706,680.00. Following the sale, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at approximately $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the sale, the chief technology officer directly owned 34,750 shares in the company, valued at $2,047,817.50. This trade represents a 53.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.89% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ASTS. Compass Financial Management LLC acquired a new position in shares of AST SpaceMobile during the 2nd quarter worth about $26,000. Grove Bank & Trust bought a new position in AST SpaceMobile during the second quarter worth about $27,000. Continuum Advisory LLC bought a new position in AST SpaceMobile during the second quarter worth about $28,000. Cornerstone Planning Group LLC grew its holdings in AST SpaceMobile by 16,350.0% during the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after purchasing an additional 327 shares during the period. Finally, Community Financial Services Group LLC acquired a new position in AST SpaceMobile during the second quarter worth approximately $47,000. 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 directly with standard mobile phones, without requiring users to purchase specialized satellite devices. Its planned services include voice calls, text messaging and mobile broadband, delivered through partnerships with mobile network operators and integrated with their existing networks. The company is developing and deploying its BlueBird satellite system to provide coverage in areas where terrestrial cellular networks are unavailable or limited.