NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Forecast, Price & News

$5.44

-0.03 (-0.55%)

(As of 04:00 PM ET)

Compare

Today's Range: $5.25
▼
$5.56
50-Day Range: $3.87
▼
$6.42
52-Week Range: $3.55
▼
$14.27

Volume: 956,586 shs
Average Volume: 1.84 million shs
Market Capitalization: $1.09 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.67

AST SpaceMobile MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 279.2% Upside
$20.67 Price Target
Short Interest: Bearish
27.85% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.62
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.67) to ($0.44) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Computer And Technology Sector

460th out of 618 stocks

Communication Services, Not Elsewhere Classified Industry

8th out of 10 stocks

3.5

Analyst's Opinion

Consensus Rating
AST SpaceMobile has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.67, AST SpaceMobile has a forecasted upside of 279.2% from its current price of $5.45.
Amount of Analyst Coverage
AST SpaceMobile has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
27.85% of the float of AST SpaceMobile has been sold short.
Short Interest Ratio / Days to Cover
AST SpaceMobile has a short interest ratio ("days to cover") of 8.2.
Change versus previous month
Short interest in AST SpaceMobile has recently increased by 0.53%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
AST SpaceMobile does not currently pay a dividend.
Dividend Growth
AST SpaceMobile does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASTS.

2.0

News and Social Media Coverage

News Sentiment
AST SpaceMobile has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for AST SpaceMobile this week, compared to 2 articles on an average week.
Search Interest
51 people have searched for ASTS on MarketBeat in the last 30 days. This is an increase of 70% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added AST SpaceMobile to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AST SpaceMobile insiders have not sold or bought any company stock.
Percentage Held by Insiders
68.64% of the stock of AST SpaceMobile is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.13% of the stock of AST SpaceMobile is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for AST SpaceMobile are expected to grow in the coming year, from ($0.67) to ($0.44) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AST SpaceMobile is -8.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AST SpaceMobile is -8.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
AST SpaceMobile has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AST SpaceMobile (NASDAQ:ASTS) Stock

AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.

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ASTS Stock News Headlines

May 23, 2023 | fool.com

AST SpaceMobile (NASDAQ: ASTS)

May 23, 2023 | msn.com

Why AST SpaceMobile Stock Shot Higher at the Open Today

May 30, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>

May 21, 2023 | msn.com

In Under a Year, AST SpaceMobile Stock Could Run Out of Cash

May 16, 2023 | uk.finance.yahoo.com

One AST SpaceMobile Insider Raised Stake By 404% In Previous Year

May 15, 2023 | msn.com

AST SpaceMobile rises as update shows satellite phone service on track

May 15, 2023 | finance.yahoo.com

AST SpaceMobile Provides First Quarter 2023 Business Update

May 3, 2023 | americanbankingnews.com

AST SpaceMobile (NASDAQ:ASTS) Trading Down 2.6%

May 30, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

May 1, 2023 | finance.yahoo.com

Wall Street Analysts Believe AST SpaceMobile, Inc. (ASTS) Could Rally 289.27%: Here's is How to Trade

April 28, 2023 | msn.com

Why AST SpaceMobile Stock Was Rocketing Higher This Week

April 27, 2023 | americanbankingnews.com

AST SpaceMobile (NASDAQ:ASTS) Shares Gap Up to $4.36

April 27, 2023 | seekingalpha.com

AST SpaceMobile Screams 'Watson, I'm Calling You From Space'

April 27, 2023 | finance.yahoo.com

AST SpaceMobile to Provide Quarterly Business Update on May 15, 2023 and Provides Preliminary Financial Results for First Quarter 2023

April 26, 2023 | msn.com

AT&T-backed satellite can pick up regular phone signals from space

April 26, 2023 | msn.com

Why AST SpaceMobile Stock Went to the Moon Today

April 25, 2023 | investorplace.com

ASTS Stock Alert: Why Is AST SpaceMobile Up Today?

April 25, 2023 | finance.yahoo.com

AST SpaceMobile Makes History in Cellular Connectivity, Completing the First-Ever Space-Based Voice Call Using Everyday Unmodified Smartphones

April 19, 2023 | seekingalpha.com

AST SpaceMobile: A Speculative Space Investment Play That Could Fail

April 19, 2023 | americanbankingnews.com

AST SpaceMobile (NASDAQ:ASTS) Shares Gap Up to $3.87

April 15, 2023 | americanbankingnews.com

AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 3.2%

April 14, 2023 | msn.com

Down -35.29% in 4 Weeks, Here's Why You Should You Buy the Dip in AST SpaceMobile, Inc. (ASTS)

April 7, 2023 | americanbankingnews.com

AST SpaceMobile, Inc. to Post Q1 2023 Earnings of ($0.19) Per Share, B. Riley Forecasts (NASDAQ:ASTS)

April 6, 2023 | americanbankingnews.com

AST SpaceMobile (NASDAQ:ASTS) Sees Large Volume Increase

April 5, 2023 | msn.com

All You Need to Know About AST SpaceMobile, Inc. (ASTS) Rating Upgrade to Buy

April 4, 2023 | finance.yahoo.com

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q4 2022 Earnings Call Transcript

April 4, 2023 | americanbankingnews.com

B. Riley Weighs in on AST SpaceMobile, Inc.'s Q1 2024 Earnings (NASDAQ:ASTS)

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30 days | 90 days | 365 days | Advanced Chart

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ASTS Company Calendar

Last Earnings: 3/31/2023
Today: 5/30/2023
Next Earnings (Estimated): 8/21/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ASTS
CUSIP: N/A
CIK: 1780312
Web: www.ast-science.com
Phone: 432-276-3966
Fax: N/A
Employees: 183
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $20.67
High Stock Price Forecast: $32.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +285.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.61)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,640,000.00
Net Margins: -132.30%
Pretax Margin: -960.44%
Return on Equity: -11.60%
Return on Assets: -9.25%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 6.39
Quick Ratio: 6.39

Sales & Book Value

Annual Sales: $13.82 million
Price / Sales: 77.60
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.80 per share
Price / Book: 2.98

Miscellaneous

Outstanding Shares: 200,080,000
Free Float: 62,746,000
Market Cap: $1.07 billion
Optionable: Optionable
Beta: 0.67

Key Executives

Mr. Abel Avellan (Age 51)
Founder, Chairman & CEO
Comp: $8.99k

Mr. Brian L. Heller (Age 54)
Exec. VP, Gen. Counsel & Sec.
Comp: $236.25k

Mr. Sean Robert Wallace (Age 60)
Exec. VP & CFO

Mr. Shanti B. Gupta (Age 45)
Chief Accounting Officer

Dr. Huiwen Yao
Chief Technology Officer

Ms. Brandyn Bissinger
VP of Marketing & PR

Mr. Rulfo Fernando Hernandez (Age 43)
Chief Financial Officer of International Operations

Mr. Avi Braun
GM of Israel R&D Center and EVP of Operations

Mr. Christopher Ivory
Chief Commercial Officer

Dr. Raymond J. Sedwick
Chief Scientist of Space Systems

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASTS Stock - 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 year. 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 forecast for 2023?: 3 analysts have issued 1-year target prices for AST SpaceMobile's stock. Their ASTS share price forecasts range from $15.00 to $32.00. On average, they anticipate the company's share price to reach $20.67 in the next twelve months. This suggests a possible upside of 285.6% 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 2023?: AST SpaceMobile's stock was trading at $4.82 at the beginning of 2023. Since then, ASTS stock has increased by 11.2% and is now trading at $5.36.
View the best growth stocks for 2023 here.
When is AST SpaceMobile's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our ASTS earnings forecast.
How were AST SpaceMobile's earnings last quarter?: AST SpaceMobile, Inc. (NASDAQ:ASTS) announced its earnings results on Friday, March, 31st. The company reported ($0.14) earnings per share (EPS) for the quarter. AST SpaceMobile had a negative trailing twelve-month return on equity of 11.60% and a negative net margin of 132.30%.
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 First Trust Indxx Aerospace & Defense ETF (MISL) and

What is AST SpaceMobile's stock symbol?: AST SpaceMobile trades on the NASDAQ under the ticker symbol "ASTS."
Who are AST SpaceMobile's major shareholders?: AST SpaceMobile's stock is owned by a number of institutional and retail investors. Top institutional investors include Ionic Capital Management LLC (0.00%), BlackRock Inc. (0.54%), No Street GP LP (0.41%), Susquehanna International Group LLP (0.00%), Geode Capital Management LLC (0.31%) and Hudson Bay Capital Management LP (0.26%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AST SpaceMobile's stock price today?: One share of ASTS stock can currently be purchased for approximately $5.36.
How much money does AST SpaceMobile make?: AST SpaceMobile (NASDAQ:ASTS) has a market capitalization of $1.07 billion and generates $13.82 million in revenue each year. The company earns $-31,640,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis.
How many employees does AST SpaceMobile have?: The company employs 183 workers across the globe.
How can I contact AST SpaceMobile?: AST SpaceMobile's mailing address is 10900 Research Blvd Ste 160C PMB 1081, AUSTIN TX, 78759. The official website for the company is www.ast-science.com. The company can be reached via phone at 432-276-3966 or via email at info@npa-corp.com.

This page (NASDAQ:ASTS) was last updated on 5/30/2023 by MarketBeat.com Staff

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