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

Key Points

• Analysts have a consensus “Hold” rating on AST SpaceMobile, with six buys, five holds and two sells among 13 analysts. The average 12-month price target is $86.58.
• AST SpaceMobile missed quarterly expectations, reporting an adjusted loss of $0.77 per share versus an expected loss of $0.32 and revenue of $31.52 million versus $34.53 million expected. Commentary also highlights its high valuation and need for substantial future funding and execution.
• Legal and competitive risks remain key concerns: shareholder lawsuits allege the company overstated its capital position, prospects and customer adoption, while AST’s patent strategy is increasingly important as it competes with Starlink in direct-to-smartphone satellite connectivity.

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) have been given a consensus rating of "Hold" by the thirteen analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $86.58.

Several equities research analysts have recently commented on the company. Cantor Fitzgerald lifted their target price on AST SpaceMobile from $80.00 to $90.00 and gave the company an "overweight" rating in a research note on Tuesday, August 11th. B. Riley Financial raised AST SpaceMobile from a "neutral" rating to a "buy" rating and set a $85.00 price target on the stock in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft set a $93.00 price target on AST SpaceMobile in a report on Wednesday, August 12th. Weiss Ratings reissued a "sell (d-)" rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. Finally, Piper Sandler cut their target price on shares of AST SpaceMobile from $100.00 to $98.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 11th.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile’s patent strategy is attracting attention as its direct-to-smartphone approach competes with Starlink. AST uses large satellite arrays to connect with standard phones, while Starlink is pursuing a combination of spectrum, satellites and terrestrial infrastructure. The patents could strengthen AST’s competitive position if successfully defended and commercialized. AST SpaceMobile Expands Patent Shield As Starlink Battle Moves To Smartphones
• Neutral Sentiment: Several law firms reiterated that investors have until November 13, 2026, to seek appointment as lead plaintiff in a proposed class action covering purchases from March 4, 2025, through July 15, 2026. The repeated notices largely represent competing legal solicitations rather than new operational developments, although they keep litigation risk in focus. ASTS Stockholder Alert
• Negative Sentiment: The lawsuit allegations claim AST overstated the sufficiency of its capital and liquidity, understated future debt and share-dilution needs, and exaggerated its competitive position and customer adoption in the United States and Japan. One notice also alleges that the CEO and CFO sold more than $18 million of company stock during the class period. These claims are unproven, but they create potential legal costs, reputational damage and additional uncertainty around financing. ASTS Investor Alert
• Negative Sentiment: Recent commentary also warns that ASTS may be expensive relative to its balance sheet and remains dependent on substantial future execution and funding. The company’s latest reported quarter missed both earnings and revenue expectations, reinforcing concerns about valuation and cash requirements. AST SpaceMobile Stock May Be Expensive

AST SpaceMobile Price Performance

ASTS opened at $59.27 on Thursday. AST SpaceMobile has a one year low of $39.50 and a one year high of $133.86. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90. The company's 50 day simple moving average is $63.55 and its 200-day simple moving average is $79.24. The stock has a market capitalization of $23.07 billion, a P/E ratio of -27.70 and a beta of 2.74.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $31.52 million during the quarter, compared to the consensus estimate of $34.53 million. During the same quarter last year, the firm earned ($0.41) EPS. Sell-side analysts anticipate that AST SpaceMobile will post -1.95 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AST SpaceMobile news, Director Adriana Cisneros acquired 10,822 shares of AST SpaceMobile stock in a transaction on Monday, August 31st. The shares were purchased at an average cost of $57.22 per share, with a total value of $619,234.84. Following the completion of the purchase, the director owned 797,023 shares in the company, valued at $45,605,656.06. The trade was a 1.38% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 20.89% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ASTS. Geode Capital Management LLC grew its stake in shares of AST SpaceMobile by 9.8% during the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company's stock worth $328,749,000 after purchasing an additional 402,505 shares during the period. Norges Bank acquired a new position in AST SpaceMobile in the fourth quarter valued at about $198,270,000. Bank of America Corp DE boosted its holdings in AST SpaceMobile by 140.3% during the first quarter. Bank of America Corp DE now owns 1,644,246 shares of the company's stock worth $136,259,000 after buying an additional 960,045 shares during the last quarter. First Trust Advisors LP boosted its holdings in AST SpaceMobile by 14.3% during the first quarter. First Trust Advisors LP now owns 1,316,852 shares of the company's stock worth $109,128,000 after buying an additional 164,303 shares during the last quarter. Finally, Focus Partners Wealth grew its position in shares of AST SpaceMobile by 8,016.7% during the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company's stock worth $92,000,000 after buying an additional 1,253,967 shares during the period. Institutional investors and hedge funds own 60.95% of the company's stock.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company's primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.

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