AST SpaceMobile (NASDAQ:ASTS – Get Free Report) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage currently has a $93.00 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 97.62% from the company’s previous close.
Other research analysts also recently issued reports about the stock. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a research report on Monday, October 5th. Royal Bank Of Canada cut shares of AST SpaceMobile to a “sector perform” rating in a research report on Friday, October 2nd. B. Riley Financial downgraded shares of AST SpaceMobile from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $85.00 to $65.00 in a research note on Friday, October 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, September 21st. Finally, Piper Sandler dropped their price objective on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $80.18.
Read Our Latest Report on AST SpaceMobile
AST SpaceMobile Stock Performance
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same quarter in the prior year, the firm posted ($0.41) EPS. Research analysts forecast that AST SpaceMobile will post -1.95 EPS for the current fiscal year.
Insider Activity at AST SpaceMobile
In other AST SpaceMobile news, Director Adriana Cisneros purchased 10,822 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the purchase, the director directly owned 797,023 shares in the company, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Shanti Gupta sold 12,000 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the transaction, the chief operating officer directly owned 462,980 shares in the company, valued at $27,264,892.20. The trade was a 2.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 20.89% of the stock is owned by insiders.
Institutional Investors Weigh In On AST SpaceMobile
Institutional investors and hedge funds have recently made changes to their positions in the business. Focus Partners Wealth increased its position in 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 during the period. Tidal Investments LLC lifted its holdings in shares of AST SpaceMobile by 9,876.8% in the 2nd quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock valued at $93,220,000 after buying an additional 1,038,546 shares during the period. Tema ETFs LLC lifted its holdings in shares of AST SpaceMobile by 109,486.8% in the 2nd quarter. Tema ETFs LLC now owns 1,003,815 shares of the company’s stock valued at $89,199,000 after buying an additional 1,002,899 shares during the period. Bank of America Corp DE boosted its stake in shares of 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 valued at $136,259,000 after buying an additional 960,045 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of AST SpaceMobile in the second quarter valued at approximately $67,907,000. 60.95% of the stock is owned by hedge funds and other institutional investors.
More AST SpaceMobile News
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: Clear Street reportedly believes AST SpaceMobile retains approximately a six-month lead over SpaceX in direct-to-device satellite connectivity, providing some support for the company’s competitive outlook. ASTS Stock Hits Fresh 52-Week Low, But Clear Street Sees Six-Month Lead Over SpaceX
- Positive Sentiment: Recent catalysts include the arrival of three additional BlueBird satellites at Cape Canaveral and a temporary FCC authorization for testing in the 902–928 MHz band, developments that could advance AST’s network deployment and regulatory efforts. AST SpaceMobile Rallies as BlueBird Satellites Reach Cape Canaveral
- Neutral Sentiment: Analyst views are divided. Deutsche Bank recently upgraded ASTS to Buy with a $93 price target, arguing that SpaceX’s spectrum activity could make AST more attractive to wireless carriers, while Clear Street also sees a near-term execution advantage. AST SpaceMobile Upgraded to Buy at Deutsche Bank
- Negative Sentiment: Piper Sandler downgraded AST SpaceMobile to Neutral and cut its price target by 45%, citing the growing threat from SpaceX’s direct-to-cell ambitions. Analysts also warned that launch challenges could delay AST’s commercial rollout. AST SpaceMobile Downgraded by Piper Sandler on SpaceX Rivalry
- Negative Sentiment: Several law firms announced or promoted a securities-fraud class action covering investors who purchased ASTS securities from March 4, 2025, through July 15, 2026. The complaints allege misleading disclosures about capital adequacy, dilution, and the durability of AST’s competitive lead; the allegations have not been proven. Pomerantz Announces Class Action Against AST SpaceMobile
AST SpaceMobile Company Profile
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.
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