NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Price, News & Analysis

$2.30
+0.04 (+1.77%)
(As of 05/2/2024 ET)
Today's Range
$2.25
$2.36
50-Day Range
$2.01
$3.38
52-Week Range
$1.97
$7.10
Volume
1.47 million shs
Average Volume
4.13 million shs
Market Capitalization
$588.89 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.13

AST SpaceMobile MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
384.1% Upside
$11.13 Price Target
Short Interest
Bearish
27.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.03mentions of AST SpaceMobile in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.62) to ($0.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.99 out of 5 stars

Computer And Technology Sector

427th out of 596 stocks

Communication Services, Not Elsewhere Classified Industry

8th out of 10 stocks

ASTS stock logo

About AST SpaceMobile Stock (NASDAQ:ASTS)

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.

ASTS Stock Price History

ASTS Stock News Headlines

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Company Calendar

Last Earnings
4/01/2024
Today
5/02/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:ASTS
Fax
N/A
Employees
489
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.13
High Stock Price Target
$19.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+384.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-87,560,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$13.82 million
Book Value
$0.98 per share

Miscellaneous

Free Float
111,225,000
Market Cap
$588.89 million
Optionable
Optionable
Beta
0.93
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Key Executives

  • Mr. Abel Avellan (Age 53)
    Founder, Chairman, President & CEO
  • Mr. Sean Robert Wallace (Age 62)
    Executive VP & CFO
    Comp: $250k
  • Mr. Brian L. Heller (Age 55)
    Executive VP, General Counsel & Secretary
    Comp: $250k
  • Mr. Shanti B. Gupta (Age 47)
    Senior VP & Chief Accounting Officer
  • Dr. Huiwen Yao
    Chief Technology Officer
  • Mr. Christopher Ivory
    Chief Commercial Officer
  • Dr. Raymond J. Sedwick
    Chief Scientist of Space Systems
  • Mr. Sriram Jayasimha
    Chief Scientist of Commercial Applications
  • Mr. Scott Wisniewski
    Executive VP & Chief Strategy Officer
  • Mr. Stephen Gibson
    Managing Director of UK

ASTS Stock Analysis - Frequently Asked Questions

Should I buy or sell AST SpaceMobile stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AST SpaceMobile in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASTS shares.
View ASTS analyst ratings
or view top-rated stocks.

What is AST SpaceMobile's stock price target for 2024?

3 brokers have issued twelve-month price objectives for AST SpaceMobile's shares. Their ASTS share price targets range from $7.00 to $19.00. On average, they predict the company's stock price to reach $11.13 in the next twelve months. This suggests a possible upside of 384.1% from the stock's current price.
View analysts price targets for ASTS
or view top-rated stocks among Wall Street analysts.

How have ASTS shares performed in 2024?

AST SpaceMobile's stock was trading at $6.03 at the beginning of 2024. Since then, ASTS shares have decreased by 61.9% and is now trading at $2.30.
View the best growth stocks for 2024 here
.

Are investors shorting AST SpaceMobile?

AST SpaceMobile saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 31,530,000 shares, an increase of 14.2% from the March 31st total of 27,620,000 shares. Based on an average daily volume of 3,820,000 shares, the short-interest ratio is currently 8.3 days. Currently, 27.9% of the shares of the company are short sold.
View AST SpaceMobile's Short Interest
.

When is AST SpaceMobile's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our ASTS earnings forecast
.

How were AST SpaceMobile's earnings last quarter?

AST SpaceMobile, Inc. (NASDAQ:ASTS) announced its earnings results on Monday, April, 1st. The company reported ($0.35) EPS for the quarter.

What ETFs hold AST SpaceMobile's stock?

ETFs with the largest weight of AST SpaceMobile (NASDAQ:ASTS) stock in their portfolio include Procure Space ETF (UFO) and SPDR S&P Telecom ETF (XTL).First Trust Indxx Aerospace & Defense ETF (MISL).

Who are AST SpaceMobile's major shareholders?

AST SpaceMobile's stock is owned by many different retail and institutional investors. Top institutional investors include Capstone Investment Advisors LLC (0.08%), Accordant Advisory Group Inc (0.06%), Simplex Trading LLC (0.00%), Summit Trail Advisors LLC (0.01%), Principal Financial Group Inc. (0.01%) and BNP Paribas (0.01%).
View institutional ownership trends
.

How do I buy shares of AST SpaceMobile?

Shares of ASTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ASTS) was last updated on 5/2/2024 by MarketBeat.com Staff

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