B. Riley Estimates AST SpaceMobile FY2027 Earnings

Key Points

• B. Riley forecasts AST SpaceMobile will earn $0.16 EPS in FY2027, a notable divergence from the current consensus full‑year estimate of ($0.40), while analysts' ratings are mixed with a consensus "Reduce" and an average target price of $45.27.
• ASTS recently missed quarterly expectations—reporting ($0.45) EPS vs. a consensus of ($0.18) and revenue of $14.74M vs. $22.04M est.—yet the stock trades near $68.90 (market cap ~$24.7B) after a period of high volatility, and insiders (including the CFO and CTO) have sold shares, leaving insiders with ~30.9% ownership.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Equities researchers at B. Riley issued their FY2027 earnings per share (EPS) estimates for AST SpaceMobile in a note issued to investors on Tuesday, November 11th. B. Riley analyst M. Crawford forecasts that the company will earn $0.16 per share for the year. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share.

A number of other analysts also recently commented on ASTS. Weiss Ratings reissued a "sell (d-)" rating on shares of AST SpaceMobile in a report on Wednesday, October 8th. Roth Capital reissued a "buy" rating on shares of AST SpaceMobile in a report on Tuesday, August 12th. Barclays lowered shares of AST SpaceMobile from an "overweight" rating to an "underweight" rating and set a $60.00 price target on the stock. in a research report on Friday, October 17th. Zacks Research cut AST SpaceMobile from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 21st. Finally, William Blair initiated coverage on shares of AST SpaceMobile in a research report on Thursday, August 21st. They issued a "market perform" rating on the stock. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $45.27.

AST SpaceMobile Stock Performance

Shares of ASTS traded up $1.01 during mid-day trading on Wednesday, reaching $68.90. 1,394,674 shares of the company's stock were exchanged, compared to its average volume of 12,099,741. The business's fifty day simple moving average is $63.66 and its 200-day simple moving average is $48.86. AST SpaceMobile has a 52-week low of $17.50 and a 52-week high of $102.79. The stock has a market capitalization of $24.70 billion, a PE ratio of -55.56 and a beta of 2.46. The company has a debt-to-equity ratio of 0.42, a current ratio of 8.23 and a quick ratio of 8.23.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last issued its 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). AST SpaceMobile had a negative return on equity of 33.88% and a negative net margin of 1,639.59%.The firm had revenue of $14.74 million for the quarter, compared to analyst estimates of $22.04 million. During the same quarter in the previous year, the firm posted ($1.10) EPS. The business's revenue for the quarter was up 1236.4% on a year-over-year basis.

Insider Activity

In other news, CFO Andrew Martin Johnson sold 20,000 shares of AST SpaceMobile stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $52.48, for a total value of $1,049,600.00. Following the transaction, the chief financial officer owned 397,485 shares of the company's stock, valued at $20,860,012.80. This trade represents a 4.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the company's stock in a transaction on 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 sale, the chief technology officer directly owned 4,750 shares of the company's stock, valued at approximately $192,755. This represents a 89.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 30.90% of the company's stock.

Hedge Funds Weigh In On AST SpaceMobile

Several large investors have recently made changes to their positions in ASTS. REAP Financial Group LLC bought a new position in AST SpaceMobile in the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp bought a new stake in AST SpaceMobile in the 2nd quarter valued at $28,000. Geneos Wealth Management Inc. grew its position in AST SpaceMobile by 225.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 650 shares of the company's stock worth $32,000 after purchasing an additional 450 shares during the last quarter. Binnacle Investments Inc bought a new position in shares of AST SpaceMobile during the 2nd quarter worth about $33,000. Finally, Chapman Financial Group LLC acquired a new position in shares of AST SpaceMobile during the second quarter valued at about $38,000. Institutional investors and hedge funds own 60.95% of the company's stock.

AST SpaceMobile Company Profile

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.

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