AST SpaceMobile (NASDAQ:ASTS) Trading Up 4.3% - What's Next?

Key Points

• AST SpaceMobile shares jumped about 4.3% intraday to roughly $99 (high $100.51) on Monday with ~12.6M shares traded, but analysts' consensus remains a Reduce rating with an average price target of $69.12.
• The company reported a large revenue beat — $54.31M vs. $39.53M expected and revenue up 2,731% year‑over‑year — yet missed on EPS (‑$0.26 vs. ‑$0.18) and remains unprofitable with a negative net margin and ROE.
• CTO Huiwen Yao sold 40,000 shares at $88.88 (≈$3.56M), trimming their stake by ~89%; insiders own 30.9% of shares while institutions hold about 60.95%.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) shares were up 4.3% during mid-day trading on Monday . The stock traded as high as $100.51 and last traded at $98.97. Approximately 12,633,934 shares were traded during trading, a decline of 13% from the average daily volume of 14,601,366 shares. The stock had previously closed at $94.90.

Analysts Set New Price Targets

Several research firms have recently commented on ASTS. B. Riley Financial reduced their price target on AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Scotiabank lowered AST SpaceMobile from a "sector perform" rating to a "sector underperform" rating and set a $45.60 price target on the stock. in a report on Wednesday, January 7th. Zacks Research upgraded AST SpaceMobile from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. Finally, Barclays lifted their price target on AST SpaceMobile from $60.00 to $65.00 and gave the stock an "underweight" rating in a report on Thursday. Two equities research 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 MarketBeat, AST SpaceMobile currently has a consensus rating of "Reduce" and an average price target of $69.12.

AST SpaceMobile Stock Performance

The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The firm has a fifty day moving average price of $90.26 and a 200 day moving average price of $82.14. The firm has a market cap of $37.81 billion, a PE ratio of -74.98 and a beta of 2.81.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The company had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. The firm's quarterly revenue was up 2731.3% compared to the same quarter last year. As a group, equities research analysts expect that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company's stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $88.88, for a total value of $3,555,200.00. Following the transaction, the chief technology officer owned 4,750 shares of the company's stock, valued at $422,180. This represents a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 30.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. increased its stake in AST SpaceMobile by 48.0% during the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company's stock worth $26,158,000 after purchasing an additional 172,759 shares during the period. Yarbrough Capital LLC increased its stake in AST SpaceMobile by 28.0% during the third quarter. Yarbrough Capital LLC now owns 99,372 shares of the company's stock worth $4,877,000 after purchasing an additional 21,739 shares during the period. Mutual Advisors LLC purchased a new stake in AST SpaceMobile during the third quarter worth about $1,882,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in AST SpaceMobile by 28.5% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 27,500 shares of the company's stock worth $1,350,000 after purchasing an additional 6,100 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in AST SpaceMobile by 28.0% during the third quarter. Jones Financial Companies Lllp now owns 31,580 shares of the company's stock worth $1,550,000 after purchasing an additional 6,901 shares during the period. Institutional investors and hedge funds own 60.95% of the company's stock.

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.

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