AST SpaceMobile (NASDAQ:ASTS) Shares Down 5.3% - Should You Sell?

Key Points

• Shares fell about 5.3% after Blue Origin placed BlueBird 7 into a lower-than-planned orbit and AST declared the satellite unusable, though the company says insurance is expected to cover the loss.
• Management reiterated its roadmap — 45 satellites by end‑2026 and commercial service targeted for 2H2026 — and points to a deep manufacturing pipeline and active launch cadence as a path to recover capacity.
• Sentiment and valuation risks are elevated: AST trades at a very high forward-sales multiple (cited ~138x), has a consensus rating of "Reduce" with a ~$82.51 target, and recent large insider sales have added downward pressure.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report)'s stock price traded down 5.3% on Monday . The stock traded as low as $73.50 and last traded at $81.00. 39,604,468 shares traded hands during trading, an increase of 158% from the average session volume of 15,362,325 shares. The stock had previously closed at $85.53.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: Management reiterated its constellation targets (45 satellites in orbit by end‑2026) and still expects commercial service activation in 2H2026, signaling the company isn’t changing its roadmap. AST SpaceMobile: What The Selloff Gets Wrong
• Positive Sentiment: AST says BlueBird 7 will be de‑orbited and that insurance coverage is expected to address the loss, which should limit direct financial impact. AST SpaceMobile Satellite Loss Puts Execution And Valuation In Sharper Focus
• Positive Sentiment: Analysts and reporters note AST has a deep manufacturing pipeline and active launch cadence/contracts that provide paths to recover lost capacity over 2026, reducing long‑term operational risk. AST SpaceMobile Dives 10% on Launch Failure, but Manufacturing Pipeline Offers a Path to Recovery
• Neutral Sentiment: Blue Origin successfully re‑used a New Glenn booster on the mission, demonstrating reusability progress even though the upper stage mis‑deployed the payload. Blue Origin's New Glenn put a customer satellite in the wrong orbit during its third launch
• Neutral Sentiment: Coverage highlights that orbital insertion is hard and that alternative launch providers (e.g., Rocket Lab) may gain investor interest; this is industry context rather than a direct AST financial hit. Blue Origin Failure Highlights How Hard It Is to Get to Space—and the Value of Rocket Lab
• Negative Sentiment: BlueBird 7 was placed into a lower‑than‑planned orbit and AST has deemed the satellite unusable for its intended service, a direct operational loss. AST SpaceMobile Addresses Today’s Orbital Launch of BlueBird 7 on the New Glenn Launch Vehicle
• Negative Sentiment: Market reaction has been sharp—multiple outlets report double‑digit intraday drops—reflecting investor concerns about execution risk and sentiment volatility for a company with a rich valuation. AST SpaceMobile shares drop after its satellite is placed in wrong orbit by Bezos' Blue Origin
• Negative Sentiment: Valuation and sentiment risk: AST trades at a high forward‑sales multiple (cited ~138x FWD sales in recent analysis) and some brokerages have an average “Reduce” rating, making the stock more sensitive to operational setbacks. AST SpaceMobile: What The Selloff Gets Wrong AST SpaceMobile, Inc. NASDAQ: ASTS Receives Average Recommendation of "Reduce" from Brokerages

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. New Street Research set a $115.00 price target on AST SpaceMobile in a report on Monday. Zacks Research raised shares of AST SpaceMobile from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 4th. B. Riley Financial lowered their price target on shares of AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating on the stock in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $117.00 price target on shares of AST SpaceMobile in a research report on Wednesday, April 15th. Finally, Scotiabank lowered shares of AST SpaceMobile from a "sector perform" rating to a "sector underperform" rating and set a $45.60 price target on the stock. in a research report on Wednesday, January 7th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of $82.51.

AST SpaceMobile Price Performance

The company's 50-day moving average is $88.90 and its two-hundred day moving average is $83.53. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27. The firm has a market cap of $30.94 billion, a P/E ratio of -61.36 and a beta of 2.81.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The firm had revenue of $54.31 million for the quarter, compared to the consensus estimate of $39.53 million. The firm's revenue for the quarter was up 2731.3% compared to the same quarter last year. Sell-side analysts anticipate that AST SpaceMobile, Inc. will post -0.99 EPS for the current fiscal year.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, major shareholder Hiroshi Mikitani sold 1,690,000 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total transaction of $154,499,800.00. Following the completion of the transaction, the insider directly owned 29,330,155 shares in the company, valued at $2,681,362,770.10. The trade was a 5.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Huiwen Yao sold 40,000 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the transaction, the chief technology officer owned 4,750 shares of the company's stock, valued at approximately $422,180. This represents a 89.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 3,080,000 shares of company stock valued at $274,452,000. Company insiders own 30.90% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in AST SpaceMobile by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company's stock valued at $1,560,687,000 after acquiring an additional 1,568,292 shares during the last quarter. Vodafone Ventures Ltd acquired a new stake in AST SpaceMobile in the fourth quarter valued at approximately $397,413,000. Morgan Stanley boosted its position in AST SpaceMobile by 44.0% in the fourth quarter. Morgan Stanley now owns 4,661,551 shares of the company's stock valued at $338,569,000 after buying an additional 1,425,199 shares in the last quarter. Geode Capital Management LLC boosted its position in AST SpaceMobile by 9.8% in the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company's stock valued at $328,749,000 after buying an additional 402,505 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of AST SpaceMobile by 9.7% during the fourth quarter. State Street Corp now owns 3,951,685 shares of the company's stock worth $287,011,000 after buying an additional 350,690 shares in the last quarter. Institutional investors own 60.95% of the company's stock.

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.

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