Roth Capital Comments on AST SpaceMobile Q1 Earnings

AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Analysts at Roth Capital issued their Q1 2025 EPS estimates for shares of AST SpaceMobile in a research report issued to clients and investors on Thursday, April 10th. Roth Capital analyst S. Searle forecasts that the company will post earnings of ($0.15) per share for the quarter. Roth Capital currently has a "Buy" rating and a $42.00 price target on the stock. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share. Roth Capital also issued estimates for AST SpaceMobile's Q2 2025 earnings at ($0.13) EPS, Q3 2025 earnings at ($0.15) EPS, Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.58) EPS, Q1 2026 earnings at ($0.23) EPS, Q2 2026 earnings at ($0.22) EPS, Q3 2026 earnings at ($0.22) EPS, Q4 2026 earnings at ($0.20) EPS, FY2026 earnings at ($0.87) EPS, Q1 2027 earnings at ($0.16) EPS, FY2027 earnings at ($0.26) EPS, FY2028 earnings at $0.75 EPS and FY2029 earnings at $1.85 EPS.

Several other equities analysts have also commented on the company. Scotiabank reiterated an "outperform" rating on shares of AST SpaceMobile in a research note on Wednesday, March 5th. UBS Group upped their price objective on shares of AST SpaceMobile from $31.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $30.00 target price on shares of AST SpaceMobile in a research report on Tuesday, March 4th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $42.82.

AST SpaceMobile Trading Up 0.8 %

Shares of AST SpaceMobile stock traded up $0.17 during trading hours on Monday, reaching $22.56. 2,105,044 shares of the company's stock were exchanged, compared to its average volume of 12,292,238. AST SpaceMobile has a 52-week low of $2.03 and a 52-week high of $39.08. The company has a fifty day moving average of $26.62 and a 200-day moving average of $24.67. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $7.14 billion, a price-to-earnings ratio of -10.71 and a beta of 1.81.

Hedge Funds Weigh In On AST SpaceMobile

A number of hedge funds have recently made changes to their positions in the business. Dynamic Advisor Solutions LLC increased its holdings in AST SpaceMobile by 36.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 116,847 shares of the company's stock valued at $2,657,000 after purchasing an additional 31,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of AST SpaceMobile by 58.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 16,249 shares of the company's stock worth $370,000 after buying an additional 5,973 shares during the period. SG Americas Securities LLC grew its stake in shares of AST SpaceMobile by 246.1% in the first quarter. SG Americas Securities LLC now owns 29,802 shares of the company's stock valued at $678,000 after buying an additional 21,192 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of AST SpaceMobile by 388.7% during the 1st quarter. GAMMA Investing LLC now owns 1,559 shares of the company's stock valued at $35,000 after buying an additional 1,240 shares during the period. Finally, Capital Investment Advisors LLC acquired a new position in AST SpaceMobile during the 1st quarter worth approximately $201,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

Insider Buying and Selling

In other AST SpaceMobile news, Director Julio A. Torres sold 20,000 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $30.73, for a total transaction of $614,600.00. Following the completion of the sale, the director now directly owns 52,628 shares in the company, valued at $1,617,258.44. The trade was a 27.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate 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.