Cantor Fitzgerald Raises AST SpaceMobile (NASDAQ:ASTS) Price Target to $90.00

AST SpaceMobile (NASDAQ:ASTS) had its price target lifted by Cantor Fitzgerald from $80.00 to $90.00 in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective indicates a potential upside of 30.89% from the stock’s previous close.

A number of other research firms have also recently commented on ASTS. UBS Group lowered their price objective on shares of AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Roth Capital reiterated a “buy” rating and set a $108.00 target price on shares of AST SpaceMobile in a report on Tuesday, May 12th. Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price for the company in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft cut AST SpaceMobile from a “buy” rating to a “hold” rating and decreased their target price for the company from $117.00 to $106.00 in a research note on Friday, May 29th. Finally, New Street Research set a $106.00 price target on AST SpaceMobile in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $87.87.

AST SpaceMobile Stock Down 4.4%

Shares of NASDAQ ASTS opened at $68.76 on Tuesday. The stock has a market cap of $26.69 billion, a P/E ratio of -38.63 and a beta of 2.76. The firm has a 50 day moving average price of $75.22 and a 200 day moving average price of $85.69. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47. AST SpaceMobile has a 52-week low of $36.08 and a 52-week high of $133.86.

AST SpaceMobile (NASDAQ:ASTS) last posted its earnings results 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). The firm had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.98 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.During the same quarter last year, the business posted ($0.41) earnings per share. Analysts expect that AST SpaceMobile will post -1.38 EPS for the current year.

Insiders Place Their Bets

In other news, Director Julio A. Torres sold 15,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the completion of the transaction, the director directly owned 43,239 shares of the company’s stock, valued at $3,300,865.26. This represents a 25.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $96.37, for a total value of $3,854,800.00. Following the transaction, the chief technology officer owned 34,750 shares of the company’s stock, valued at approximately $3,348,857.50. The trade was a 53.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 105,809 shares of company stock worth $9,748,492. Corporate insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

A number of institutional investors have recently made changes to their positions in the business. Grove Bank & Trust bought a new position in AST SpaceMobile in the second quarter valued at $27,000. Cornerstone Planning Group LLC boosted its stake in shares of AST SpaceMobile by 16,350.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after buying an additional 327 shares during the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of AST SpaceMobile in the 4th quarter valued at about $25,000. Portus Wealth Advisors LLC acquired a new stake in shares of AST SpaceMobile in the first quarter valued at about $30,000. Finally, Advocate Investing Services LLC bought a new stake in AST SpaceMobile during the first quarter worth about $31,000. Institutional investors own 60.95% of the company’s stock.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: Management maintained a 2026 revenue outlook of $150 million to $200 million, broadly bracketing the roughly $167.8 million analyst consensus. The company also reaffirmed its longer-term $1 billion revenue goal, supporting the growth story if satellite deployment and commercial service launches remain on schedule. AST SpaceMobile Raises Revenue Outlook as Satellite Network Expands
• Positive Sentiment: AST SpaceMobile reported a backlog of approximately $1.3 billion, booked 10 launches, and said BlueBird satellite production has advanced through satellite 46. It is targeting approximately 45 satellites in orbit in early 2027, which could expand network capacity and commercial coverage. AST SpaceMobile Posts Q2 Misses, Backlog Grows to $1.3 Billion
• Positive Sentiment: Recent BlueBird launches and European testing with major mobile operators provide potential catalysts, particularly if ASTS converts trials and partnerships into recurring service revenue. Can ASTS’ Satellite Connectivity Rollout Across Europe Lift Shares?
• Neutral Sentiment: The broader market backdrop was cautious because of inflation concerns and uncertainty surrounding the Strait of Hormuz, potentially adding volatility to high-beta growth stocks such as ASTS. AST SpaceMobile, Intel, On, Hims, and More Stocks That Explain Today’s Market
• Negative Sentiment: Second-quarter revenue was $31.52 million, below the $34.98 million estimate, while the reported loss was substantially worse than expected. Results compared with a $0.41-per-share loss a year earlier, highlighting continued heavy investment and execution risk. AST SpaceMobile, Inc. Reports Q2 Loss, Lags Revenue Estimates

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.