AST SpaceMobile (ASTS) to Release Quarterly Earnings on Monday

AST SpaceMobile (NASDAQ:ASTSGet Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of ($0.19) per share and revenue of $6.37 million for the quarter.

AST SpaceMobile (NASDAQ:ASTSGet Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.03). AST SpaceMobile had a negative net margin of 7,033.22% and a negative return on equity of 23.56%. The business had revenue of $0.72 million during the quarter, compared to the consensus estimate of $3.85 million. On average, analysts expect AST SpaceMobile to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

AST SpaceMobile Trading Down 2.3%

Shares of ASTS opened at $46.63 on Friday. The stock has a fifty day moving average price of $46.33 and a two-hundred day moving average price of $32.48. The company has a debt-to-equity ratio of 0.60, a quick ratio of 10.62 and a current ratio of 10.62. AST SpaceMobile has a 52-week low of $17.50 and a 52-week high of $60.95. The company has a market cap of $14.76 billion, a price-to-earnings ratio of -23.43 and a beta of 2.33.

Insider Transactions at AST SpaceMobile

In related news, CTO Huiwen Yao sold 4,250 shares of AST SpaceMobile stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $34.60, for a total transaction of $147,050.00. Following the completion of the sale, the chief technology officer directly owned 20,750 shares of the company’s stock, valued at $717,950. The trade was a 17.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Shanti B. Gupta sold 10,000 shares of AST SpaceMobile stock in a transaction on Monday, June 16th. The stock was sold at an average price of $41.84, for a total value of $418,400.00. Following the sale, the chief operating officer directly owned 305,667 shares of the company’s stock, valued at approximately $12,789,107.28. This trade represents a 3.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 184,250 shares of company stock worth $6,146,750 over the last 90 days. 34.15% of the stock is owned by insiders.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in AST SpaceMobile by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock valued at $1,814,000 after acquiring an additional 3,515 shares during the period. AQR Capital Management LLC grew its stake in AST SpaceMobile by 11.8% in the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after acquiring an additional 3,642 shares during the period. Strs Ohio acquired a new position in AST SpaceMobile in the first quarter valued at about $168,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in AST SpaceMobile by 18.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock valued at $7,405,000 after acquiring an additional 49,811 shares during the period. Finally, Millennium Management LLC grew its stake in AST SpaceMobile by 16.1% in the first quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock valued at $10,634,000 after acquiring an additional 64,989 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ASTS has been the subject of several research analyst reports. B. Riley reiterated a “buy” rating and issued a $44.00 price objective (up previously from $36.00) on shares of AST SpaceMobile in a research report on Monday, June 16th. Oppenheimer initiated coverage on AST SpaceMobile in a research report on Monday, May 5th. They issued a “market perform” rating for the company. Scotiabank dropped their target price on AST SpaceMobile from $45.40 to $42.90 and set a “sector perform” rating for the company in a research report on Thursday. Finally, Bank of America initiated coverage on AST SpaceMobile in a research report on Wednesday, June 25th. They set a “neutral” rating and a $55.00 target price for the company. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, AST SpaceMobile has a consensus rating of “Moderate Buy” and a consensus target price of $44.99.

View Our Latest Report on ASTS

AST SpaceMobile Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for AST SpaceMobile (NASDAQ:ASTS)

Receive News & Ratings for AST SpaceMobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AST SpaceMobile and related companies with MarketBeat.com's FREE daily email newsletter.