B. Riley Has Negative Outlook of AST SpaceMobile Q4 Earnings

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Research analysts at B. Riley decreased their Q4 2025 earnings per share estimates for AST SpaceMobile in a research report issued on Tuesday, November 11th. B. Riley analyst M. Crawford now expects that the company will post earnings of ($0.14) per share for the quarter, down from their previous estimate of ($0.10). The consensus estimate for AST SpaceMobile’s current full-year earnings is ($0.40) per share. B. Riley also issued estimates for AST SpaceMobile’s Q1 2026 earnings at ($0.14) EPS, Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.10) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.45) EPS.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.27). The firm had revenue of $14.74 million for the quarter, compared to the consensus estimate of $22.04 million. AST SpaceMobile had a negative net margin of 1,639.59% and a negative return on equity of 27.76%. During the same period in the previous year, the company posted ($1.10) earnings per share. AST SpaceMobile’s quarterly revenue was up 1236.4% on a year-over-year basis.

Several other brokerages have also recently weighed in on ASTS. Zacks Research cut shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. Barclays cut shares of AST SpaceMobile from an “overweight” rating to an “underweight” rating and set a $60.00 price objective for the company. in a research note on Friday, October 17th. William Blair assumed coverage on shares of AST SpaceMobile in a research report on Thursday, August 21st. They set a “market perform” rating on the stock. Scotiabank lowered AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $42.90 price target for the company. in a research report on Tuesday, October 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, AST SpaceMobile currently has a consensus rating of “Reduce” and an average target price of $45.27.

AST SpaceMobile Stock Down 4.7%

Shares of ASTS opened at $61.44 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 9.56 and a quick ratio of 8.23. The stock has a market capitalization of $22.03 billion, a price-to-earnings ratio of -49.55 and a beta of 2.46. AST SpaceMobile has a 1 year low of $17.50 and a 1 year high of $102.79. The business’s 50 day simple moving average is $64.43 and its 200-day simple moving average is $49.06.

Insider Activity

In related news, CFO Andrew Martin Johnson sold 20,000 shares of AST SpaceMobile stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $52.48, for a total transaction of $1,049,600.00. Following the completion of the transaction, the chief financial officer directly owned 397,485 shares of the company’s stock, valued at approximately $20,860,012.80. The trade was a 4.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $40.58, for a total transaction of $1,623,200.00. Following the completion of the sale, the chief technology officer directly owned 4,750 shares in the company, valued at $192,755. This trade represents a 89.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 30.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors and hedge funds have recently modified their holdings of the business. Rakuten Group Inc. purchased a new stake in shares of AST SpaceMobile in the 1st quarter worth $705,398,000. Jump Financial LLC purchased a new stake in AST SpaceMobile in the first quarter worth about $14,750,000. Y Intercept Hong Kong Ltd purchased a new stake in AST SpaceMobile in the second quarter worth about $21,754,000. State of New Jersey Common Pension Fund D grew its holdings in AST SpaceMobile by 14.0% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 77,159 shares of the company’s stock worth $3,606,000 after acquiring an additional 9,448 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its position in AST SpaceMobile by 20.5% during the 1st quarter. Wealthfront Advisers LLC now owns 39,737 shares of the company’s stock valued at $904,000 after purchasing an additional 6,753 shares during the period. 60.95% of the stock is owned by institutional investors.

About AST SpaceMobile

AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.