NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Forecast, Price & News

$3.69

+0.05 (+1.37%)

(As of 10:04 AM ET)

Compare

Today's Range: $3.62
▼
$3.70
50-Day Range: $3.63
▼
$4.63
52-Week Range: $3.55
▼
$10.21

Volume: 85,940 shs
Average Volume: 1.96 million shs
Market Capitalization: $803.24 million

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: 467.8% Upside
$20.67 Price Target
Short Interest: Healthy
21.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.18
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.87) to ($0.41) Per Share

Overall MarketRank^™

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

2.24 out of 5 stars

Computer And Technology Sector

298th out of 596 stocks

Communication Services, Not Elsewhere Classified Industry

4th out of 7 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 2 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 467.8% from its current price of $3.64.
Amount of Analyst Coverage
AST SpaceMobile has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
21.90% 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 7.7.
Change versus previous month
Short interest in AST SpaceMobile has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.

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.

2.9

News and Social Media Coverage

News Sentiment
AST SpaceMobile has a news sentiment score of 1.18. 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 is a higher news sentiment than the 0.58 average news sentiment score 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
Only 5 people have searched for ASTS on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.
MarketBeat Follows
14 people have added AST SpaceMobile to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days.

2.5

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
56.56% 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
54.53% of the stock of AST SpaceMobile is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for AST SpaceMobile are expected to grow in the coming year, from ($0.87) to ($0.41) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AST SpaceMobile is -4.61, 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 -4.61, 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 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AST SpaceMobile (NASDAQ:ASTS) Stock

AST SpaceMobile, Inc., together with its subsidiaries, operates space-based cellular broadband network for mobile phones in the United States. Its SpaceMobile service provides mobile broadband services to end-users who are out of terrestrial cellular coverage. AST SpaceMobile, Inc. was founded in 2017 and is based in Midland, Texas.

ASTS Price History

30 days | 90 days | 365 days | Advanced Chart

ASTS Stock News Headlines

September 19, 2023 | bloomberg.com

AST SpaceMobile Says It Took Step Toward Global 5G Access

September 19, 2023 | msn.com

AST SpaceMobile rises after completing space-based 5G call

October 4, 2023 | Edge On The Street (Ad)

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September 19, 2023 | msn.com

ASTS Stock Alert: AST SpaceMobile Makes Historic Space-Based Phone Call

September 19, 2023 | finance.yahoo.com

AST SpaceMobile Achieves Space-Based 5G Cellular Broadband Connectivity From Everyday Smartphones, Another Historic World First

August 18, 2023 | seekingalpha.com

AST SpaceMobile Q2 Earnings Review: More Clarity But Not Completely Reassuring

August 15, 2023 | bizjournals.com

Atlas Credit Partners provides $100M in financing for AST SpaceMobile

August 15, 2023 | investorplace.com

ASTS Stock Alert: The $179 Million Reason AST SpaceMobile Is Up Today

October 4, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

August 15, 2023 | axios.com

AST SpaceMobile raises debt to fund satellites

August 15, 2023 | msn.com

Why AST SpaceMobile Stock Just Popped 5.5 Percent

August 1, 2023 | msn.com

AST SpaceMobile down ~2% after prelim Q2 numbers

August 1, 2023 | finance.yahoo.com

AST SpaceMobile to Provide Quarterly Business Update on August 14, 2023 and Provides Preliminary Financial Results for Second Quarter 2023

July 20, 2023 | morningstar.com

AST SpaceMobile Inc Ordinary Shares - Class A

July 17, 2023 | finance.yahoo.com

AST SpaceMobile, Inc. (NASDAQ:ASTS) most popular amongst individual investors who own 68% of the shares, institutions hold 27%

July 11, 2023 | seekingalpha.com

AST SpaceMobile: Keep Your Eyes On The Prize Through Short-Term Volatility

June 30, 2023 | msn.com

Why AST SpaceMobile Stock Is Plummeting This Week

June 28, 2023 | msn.com

NVIDIA, AST SpaceMobile And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

June 28, 2023 | markets.businessinsider.com

Why AST SpaceMobile Shares Are Falling Wednesday

June 26, 2023 | msn.com

Why Space Stocks Virgin Galactic, BlackSky, and AST SpaceMobile Sank on Monday

June 21, 2023 | msn.com

An AT&T-backed cellular satellite company sent a 4G LTE signal from space

June 21, 2023 | markets.businessinsider.com

Why AST SpaceMobile Shares Are Popping Today?

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 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

See More Headlines

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ASTS Company Calendar

Last Earnings: 8/15/2023
Today: 10/04/2023
Next Earnings (Estimated): 11/13/2023
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: 342
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: +467.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.79)
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: N/A
Pretax Margin: -3,651.70%
Return on Equity: -16.11%
Return on Assets: -12.91%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 7.22
Quick Ratio: 7.22

Sales & Book Value

Annual Sales: $13.82 million
Price / Sales: 57.33
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.80 per share
Price / Book: 2.02

Miscellaneous

Outstanding Shares: 217,680,000
Free Float: 94,558,000
Market Cap: $792.36 million
Optionable: Optionable
Beta: 0.59

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Key Executives

Mr. Abel Avellan (Age 52)
Founder, Chairman, Pres & CEO

Mr. Sean Robert Wallace (Age 61)
Exec. VP & CFO
Comp: $338.34k

Mr. Brian L. Heller (Age 55)
Exec. VP, Gen. Counsel & Sec.
Comp: $400k

Mr. Shanti B. Gupta (Age 46)
Sr. VP & Chief Accounting Officer

Dr. Huiwen Yao
Chief Technology Officer

Ms. Brandyn Bissinger
VP of Marketing & PR

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
Exec. VP & Chief Strategy Officer

Key Competitors

View All Competitors

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?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AST SpaceMobile in the last twelve months. There are currently 2 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?: 2 analysts have issued 1 year price objectives for AST SpaceMobile's shares. Their ASTS share price forecasts range from $15.00 to $32.00. On average, they predict the company's stock price to reach $20.67 in the next twelve months. This suggests a possible upside of 467.8% 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 start of the year. Since then, ASTS shares have decreased by 24.5% and is now trading at $3.64.
View the best growth stocks for 2023 here.
Are investors shorting AST SpaceMobile?: AST SpaceMobile saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 17,260,000 shares, a drop of 6.7% from the August 31st total of 18,500,000 shares. Based on an average daily trading volume, of 2,240,000 shares, the short-interest ratio is currently 7.7 days. Currently, 21.9% of the company's stock are sold short.
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, November 13th 2023.
View our ASTS earnings forecast.
How were AST SpaceMobile's earnings last quarter?: AST SpaceMobile, Inc. (NASDAQ:ASTS) posted its quarterly earnings data on Tuesday, August, 15th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.05.

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).First Trust Indxx Aerospace & Defense ETF (MISL).
What is AST SpaceMobile's stock symbol?: AST SpaceMobile trades on the NASDAQ under the ticker symbol "ASTS."
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 $3.64.
How much money does AST SpaceMobile make?: AST SpaceMobile (NASDAQ:ASTS) has a market capitalization of $792.36 million and generates $13.82 million in revenue each year. The company earns $-31,640,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis.
How many employees does AST SpaceMobile have?: The company employs 342 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 10/4/2023 by MarketBeat.com Staff

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