Should I buy or sell AST SpaceMobile stock right now?

3 Wall Street equities 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 equities 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 targets for AST SpaceMobile's shares. Their ASTS share price targets range from $7.00 to $19.00. On average, they anticipate the company's share price to reach $11.13 in the next year. This suggests a possible upside of 432.7% 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 stock has decreased by 65.3% and is now trading at $2.09. View the best growth stocks for 2024 here .

Are investors shorting AST SpaceMobile?

AST SpaceMobile saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,620,000 shares, an increase of 28.4% from the March 15th total of 21,510,000 shares. Based on an average daily trading volume, of 4,650,000 shares, the short-interest ratio is presently 5.9 days. Approximately 27.4% of the company's shares 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) issued its earnings results on Tuesday, August, 15th. The company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates 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) and SPDR S&P Telecom ETF (XTL) . First Trust Indxx Aerospace & Defense ETF (MISL) .

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 .

NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Price, News & Analysis

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$2.09

-0.05 (-2.34%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.08
▼
$2.15
50-Day Range: $2.01
▼
$3.52
52-Week Range: $1.97
▼
$7.10

Volume: 2.37 million shs
Average Volume: 4.40 million shs
Market Capitalization: $535.12 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.13

Get AST SpaceMobile alerts:

AST SpaceMobile MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 432.7% Upside
$11.13 Price Target
Short Interest: Bearish
27.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.28
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.59) to ($0.23) 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.

2.13 out of 5 stars

Computer And Technology Sector

399th out of 582 stocks

Communication Services, Not Elsewhere Classified Industry

6th out of 8 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.
Amount of Analyst Coverage
AST SpaceMobile has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
27.42% 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 5.9.
Change versus previous month
Short interest in AST SpaceMobile has recently increased by 28.41%, indicating that investor sentiment is decreasing 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.

2.4

News and Social Media Coverage

News Sentiment
AST SpaceMobile has a news sentiment score of 0.28. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for AST SpaceMobile this week, compared to 2 articles on an average week.
Search Interest
57 people have searched for ASTS on MarketBeat in the last 30 days. This is an increase of 104% compared to the previous 30 days.
MarketBeat Follows
Only 18 people have added AST SpaceMobile to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% compared to the previous 30 days.

3.3

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
60.95% 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 ($0.59) to ($0.23) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AST SpaceMobile is -1.99, 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 -1.99, 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 2.13. 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

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About AST SpaceMobile Stock (NASDAQ:ASTS)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASTS Stock News Headlines

April 19, 2024 | businesswire.com

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against AST SpaceMobile, Inc. (ASTS)

April 18, 2024 | prnewswire.com

ASTS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that AST SpaceMobile, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

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April 18, 2024 | businesswire.com

ASTS CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against AST SpaceMobile, Inc.

April 17, 2024 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of AST SpaceMobile, Inc. (ASTS) Investors

April 17, 2024 | businesswire.com

ASTS CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against AST SpaceMobile, Inc.

April 17, 2024 | finance.yahoo.com

AST SpaceMobile Stock: Buy, Sell, or Hold?

April 14, 2024 | investorplace.com

3 Space Stocks to Turn $100,000 Into $1 Million: April 2024

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 13, 2024 | fool.com

Where Will AST SpaceMobile Be in 1 Year?

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AST SpaceMobile, Inc. - ASTS

April 12, 2024 | investorplace.com

3 Rock-Solid Stocks to Buy Now for 100% Gains by 2025

April 10, 2024 | fool.com

Why Rocket Lab, AST SpaceMobile, and Virgin Galactic Stocks Went Tumbling Today

April 5, 2024 | businesswire.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

April 5, 2024 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

April 5, 2024 | businesswire.com

The Law Offices of Frank R. Cruz Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

April 2, 2024 | finance.yahoo.com

Why AST SpaceMobile Stock Plunged Today

April 2, 2024 | fool.com

Why AST SpaceMobile Stock Plunged Today

April 2, 2024 | finance.yahoo.com

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q4 2023 Earnings Call Transcript

April 2, 2024 | msn.com

AST SpaceMobile hits all-time low as deeper losses, satellite delays weigh on shares

April 1, 2024 | seekingalpha.com

AST SpaceMobile, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 28, 2024 | fool.com

Why AST SpaceMobile Stock Jumped Today

March 27, 2024 | businesswire.com

AST SpaceMobile ASIC Chip Enters Tape-Out Phase in Collaboration with TSMC

March 21, 2024 | seekingalpha.com

AST SpaceMobile: Reaching Commercialization Phase

March 20, 2024 | businesswire.com

AST SpaceMobile to Provide Quarterly Business Update on April 1, 2024

March 15, 2024 | investorplace.com

7 Stocks That Could Soar as the Space Race Heats Up

March 13, 2024 | fool.com

Why AST SpaceMobile Stock Keeps Rocketing Higher

See More Headlines

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Company Calendar

Last Earnings: 8/15/2023
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
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 Target: $11.13
High Stock Price Target: $19.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +432.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-87,560,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -30.36%
Return on Assets: -22.28%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 2.31
Quick Ratio: 2.31

Sales & Book Value

Annual Sales: $13.82 million
Price / Sales: 38.72
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.98 per share
Price / Book: 2.13

Miscellaneous

Outstanding Shares: 256,040,000
Free Float: 111,225,000
Market Cap: $535.12 million
Optionable: Optionable
Beta: 0.87

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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: $338.34k
Mr. Brian L. Heller (Age 56)
Executive VP, General Counsel & Secretary
Comp: $400k
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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ASTS Stock Analysis - Frequently Asked Questions

Should I buy or sell AST SpaceMobile stock right now?: 3 Wall Street equities 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 equities 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 targets for AST SpaceMobile's shares. Their ASTS share price targets range from $7.00 to $19.00. On average, they anticipate the company's share price to reach $11.13 in the next year. This suggests a possible upside of 432.7% 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 stock has decreased by 65.3% and is now trading at $2.09.
View the best growth stocks for 2024 here.
Are investors shorting AST SpaceMobile?: AST SpaceMobile saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,620,000 shares, an increase of 28.4% from the March 15th total of 21,510,000 shares. Based on an average daily trading volume, of 4,650,000 shares, the short-interest ratio is presently 5.9 days. Approximately 27.4% of the company's shares 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) issued its earnings results on Tuesday, August, 15th. The company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates 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) and SPDR S&P Telecom ETF (XTL).First Trust Indxx Aerospace & Defense ETF (MISL).
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 4/19/2024 by MarketBeat.com Staff

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AST SpaceMobile (ASTS) Stock Price, News & Analysis

AST SpaceMobile MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AST SpaceMobile Stock (NASDAQ:ASTS)

ASTS Stock Price History

ASTS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

ASTS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™