AST SpaceMobile, Inc. (NASDAQ:ASTS) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analysts have a consensus “Hold” rating on AST SpaceMobile, with two sells, six holds and four buys; the average 12-month price target is approximately $85.98.
• AST SpaceMobile reported a larger-than-expected quarterly loss of $0.77 per share and revenue of $31.52 million, below the $34.53 million consensus estimate, highlighting continued execution and cash-burn risks.
• The company received a 30-day FCC authorization to test satellite connectivity with up to 100 standard phones, potentially advancing its direct-to-device service, while insider share sales and a lawsuit seeking more than $15 million add risk.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) has received a consensus rating of "Hold" from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $85.9778.

A number of research analysts have weighed in on ASTS shares. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of AST SpaceMobile in a research note on Wednesday, August 12th. B. Riley Financial raised shares of AST SpaceMobile from a "neutral" rating to a "buy" rating and set a $85.00 target price for the company in a research report on Friday, July 17th. Piper Sandler lowered their target price on shares of AST SpaceMobile from $100.00 to $98.00 and set an "overweight" rating on the stock in a report on Tuesday, August 11th. Cantor Fitzgerald raised their price target on shares of AST SpaceMobile from $80.00 to $90.00 and gave the company an "overweight" rating in a research report on Tuesday, August 11th. Finally, New Street Research set a $106.00 price target on AST SpaceMobile in a research note on Friday, May 29th.

Insider Activity at AST SpaceMobile

In other news, CFO Andrew Martin Johnson sold 45,809 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the completion of the sale, the chief financial officer directly owned 503,619 shares of the company's stock, valued at $47,244,498.39. This represents a 8.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the firm's stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $96.37, for a total value of $3,854,800.00. Following the completion of the transaction, the chief technology officer owned 34,750 shares in the company, valued at $3,348,857.50. This represents a 53.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 20.89% of the company's stock.

Hedge Funds Weigh In On AST SpaceMobile

Several large investors have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC bought a new stake in shares of AST SpaceMobile in the 4th quarter worth $25,000. Compass Financial Management LLC purchased a new stake in shares of AST SpaceMobile in the second quarter valued at about $26,000. Cornerstone Planning Group LLC raised its holdings in shares of AST SpaceMobile by 16,350.0% in 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 last quarter. Grove Bank & Trust bought a new position in shares of AST SpaceMobile during the second quarter valued at about $27,000. Finally, Continuum Advisory LLC bought a new position in shares of AST SpaceMobile during the second quarter valued at about $28,000. 60.95% of the stock is currently owned by institutional investors.

AST SpaceMobile News Roundup

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

• Positive Sentiment: AST SpaceMobile has received a 30-day FCC authorization to test 800 MHz satellite connectivity with up to 100 commercially available phones near Midland, Texas, and Lanham, Maryland. The testing could provide operational evidence for its direct-to-device service and help advance commercial deployment. AST SpaceMobile’s FCC Test Arrives as Investors Weigh a Costly Q2 Miss
• Positive Sentiment: Reports that AST SpaceMobile and SpaceX are pursuing valuable satellite spectrum have highlighted the strategic importance of the frequencies ASTS is already authorized to test, potentially strengthening the company’s positioning in the satellite-connectivity market. ASTS Stock Rises Overnight: AST SpaceMobile And SpaceX Reportedly Chase Prized Satellite Spectrum
• Positive Sentiment: Crossroads Capital described AST SpaceMobile’s direct-to-device capability as a competitive advantage in its second-quarter investor letter. The endorsement may reinforce the long-term investment case, though it does not represent a new company contract or financial result. Unique Direct to Device Capability Strengthens AST SpaceMobile’s Competitive Edge
• Neutral Sentiment: The Trump administration’s goal of exceeding 1,000 U.S. space launches annually could expand the broader space-industry opportunity, but the immediate benefit to ASTS is uncertain because the company operates a satellite communications network rather than a launch business. Trump Targets Over 1,000 US Space Launches A Year
• Negative Sentiment: Delclaux Partners sued AST SpaceMobile for more than $15 million in allegedly unpaid contractual finder’s fees tied to financing arrangements. The dispute introduces potential legal costs, cash liability and reputational risk. Delclaux Partners Sues AST SpaceMobile for More Than $15 Million in Unpaid Contractual Finder's Fees
• Negative Sentiment: ASTS recently reported a wider-than-expected quarterly loss and revenue below consensus, underscoring its ongoing cash-burn and execution risks. Competition from SpaceX’s Starlink, which has surpassed 11,000 satellites, could also pressure ASTS’s market opportunity and valuation. As Starlink Passes 11,000 Satellites, These 5 Stocks Will Feel It First

AST SpaceMobile Trading Up 5.5%

NASDAQ ASTS opened at $68.65 on Friday. The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24. AST SpaceMobile has a 52 week low of $36.08 and a 52 week high of $133.86. The business has a 50 day moving average price of $70.26 and a 200-day moving average price of $83.16. The company has a market cap of $26.72 billion, a price-to-earnings ratio of -32.08 and a beta of 2.75.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.53 million. During the same quarter in the prior year, the business earned ($0.41) earnings per share. As a group, equities analysts expect that AST SpaceMobile will post -1.95 earnings per share for the current fiscal year.

AST SpaceMobile Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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