AST SpaceMobile (NASDAQ:ASTS) Stock Jumps 2.5% – Should You Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price rose 2.5% during mid-day trading on Friday. The stock traded as high as $59.54 and last traded at $58.45. 14,924,929 shares traded hands during trading, a decline of 10% from the average session volume of 16,522,041 shares. The stock had previously closed at $57.04.

More 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, signaling continued production progress and bringing the company closer to its next launch. The development supports the company’s planned space-based cellular broadband network. AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
• Positive Sentiment: Recent filings identified Wayne Thorsen, a former Google Fi and SiriusXM executive, as AST SpaceMobile’s new commercial chief. Investors may view the appointment as helpful for developing carrier partnerships and monetizing the satellite network. ASTS Stock Rises Overnight: New Commercial Chief
• Neutral Sentiment: Space-sector momentum following another SpaceX rideshare launch provided a broader lift to satellite and launch-related stocks, but the move was not specific to AST SpaceMobile’s fundamentals. Space Stocks Move Higher After Falcon 9 Launch
• Negative Sentiment: B. Riley cut its ASTS price target to $65 and adopted a more cautious view, citing rising competition, uncertain pricing, and potential launch delays. These issues raise questions about the timing and profitability of AST SpaceMobile’s network expansion. AST SpaceMobile Stock Trades Flat Following B. Riley Price Target Cut
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased ASTS securities from March 4, 2025, through July 15, 2026. The lawsuit alleges that AST SpaceMobile and certain executives made material misstatements or omissions regarding the company’s capital and liquidity position; the lead-plaintiff deadline is November 13, 2026. AST SpaceMobile Securities Fraud Class Action Lawsuit

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Cantor Fitzgerald lifted their target price on AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. UBS Group began coverage on AST SpaceMobile in a report on Wednesday, September 2nd. They issued a “buy” rating for the company. Piper Sandler lowered their price objective on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective on the stock in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 target price on AST SpaceMobile in a research report on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $84.58.

AST SpaceMobile Stock Performance

The stock’s 50-day moving average price is $62.77 and its 200-day moving average price is $76.99. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $22.75 billion, a P/E ratio of -27.31 and a beta of 2.72.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data 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 net margin of 536.66% and a negative return on equity of 22.88%. The business had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.53 million. During the same period in the prior year, the company earned ($0.41) EPS. As a group, equities analysts expect that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Insider Activity at AST SpaceMobile

In related news, 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 completion of the transaction, the chief technology officer directly owned 34,750 shares in the company, valued at $2,047,817.50. This represents a 53.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti Gupta sold 12,000 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total value of $706,680.00. Following the completion of the sale, the chief operating officer directly owned 462,980 shares in the company, valued at $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 20.89% of the company’s stock.

Institutional Investors Weigh In On AST SpaceMobile

A number of hedge funds have recently made changes to their positions in the business. Compass Financial Management LLC acquired a new stake in AST SpaceMobile in the 2nd quarter valued at approximately $26,000. Grove Bank & Trust bought a new position in shares of AST SpaceMobile in the second quarter worth $27,000. Continuum Advisory LLC bought a new position in shares of AST SpaceMobile in the second quarter worth $28,000. Cornerstone Planning Group LLC increased its holdings in shares of AST SpaceMobile by 16,350.0% during the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after purchasing an additional 327 shares during the period. Finally, Portus Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile during the first quarter valued at $30,000. 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.