B. Riley Has Positive Outlook of AST SpaceMobile Q3 Earnings

Key Points

• B. Riley has upgraded its Q3 2025 EPS estimates for AST SpaceMobile to ($0.11), indicating improved performance compared to the previous estimate of ($0.12), with a "Buy" rating and a $44.00 price target.
• Despite recent optimism, AST SpaceMobile's latest earnings report showed a loss of ($0.41) EPS, missing estimates by ($0.22), along with revenue significantly below expectations.
• Institutional investors currently hold 60.95% of AST SpaceMobile stock, reflecting interest from various hedge funds, while insiders reported significant recent share sales.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - B. Riley upped their Q3 2025 EPS estimates for AST SpaceMobile in a research note issued on Monday, September 29th. B. Riley analyst M. Crawford now forecasts that the company will post earnings per share of ($0.11) for the quarter, up from their previous estimate of ($0.12). B. Riley currently has a "Buy" rating and a $44.00 price target on the stock. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share. B. Riley also issued estimates for AST SpaceMobile's FY2026 earnings at ($0.39) EPS.

Several other research analysts have also issued reports on ASTS. Zacks Research raised shares of AST SpaceMobile from a "strong sell" rating to a "hold" rating in a research report on Monday, August 18th. Roth Capital reissued a "buy" rating on shares of AST SpaceMobile in a research report on Tuesday, August 12th. UBS Group lowered shares of AST SpaceMobile from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $62.00 to $43.00 in a research report on Tuesday, September 9th. Bank of America started coverage on shares of AST SpaceMobile in a report on Wednesday, June 25th. They set a "neutral" rating and a $55.00 price objective for the company. Finally, William Blair started coverage on shares of AST SpaceMobile in a report on Thursday, August 21st. They set a "market perform" rating for the company. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $42.82.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $49.08 on Wednesday. AST SpaceMobile has a 12-month low of $17.50 and a 12-month high of $60.95. The company has a quick ratio of 8.23, a current ratio of 8.23 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $17.60 billion, a PE ratio of -25.97 and a beta of 2.43. The firm has a 50-day moving average price of $47.86 and a 200 day moving average price of $37.49.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.22). AST SpaceMobile had a negative return on equity of 26.81% and a negative net margin of 7,213.90%.The business had revenue of $1.16 million during the quarter, compared to analyst estimates of $6.37 million.

Institutional Trading of AST SpaceMobile

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atlantic Union Bankshares Corp acquired a new stake in shares of AST SpaceMobile in the second quarter valued at approximately $28,000. Sunbelt Securities Inc. increased its holdings in shares of AST SpaceMobile by 61.9% in the first quarter. Sunbelt Securities Inc. now owns 1,321 shares of the company's stock valued at $30,000 after purchasing an additional 505 shares in the last quarter. Binnacle Investments Inc acquired a new stake in shares of AST SpaceMobile in the second quarter valued at approximately $33,000. GAMMA Investing LLC increased its holdings in shares of AST SpaceMobile by 388.7% in the first quarter. GAMMA Investing LLC now owns 1,559 shares of the company's stock valued at $35,000 after purchasing an additional 1,240 shares in the last quarter. Finally, Chapman Financial Group LLC acquired a new stake in shares of AST SpaceMobile in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 60.95% of the company's stock.

Insider Buying and Selling

In related news, CFO Andrew Martin Johnson sold 20,000 shares of the firm's 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 completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $40.58, for a total transaction of $1,623,200.00. Following the completion of 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 position. The disclosure for this sale can be found here. Company insiders own 41.80% of the company's stock.

About AST SpaceMobile

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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