AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 13.2% on Analyst Upgrade

AST SpaceMobile, Inc. (NASDAQ:ASTS) rose 13.2% during mid-day trading on Wednesday after UBS Group raised their price target on the stock from $43.00 to $85.00. UBS Group currently has a neutral rating on the stock. AST SpaceMobile traded as high as $106.66 and last traded at $104.89. Approximately 20,723,182 shares traded hands during trading, an increase of 29% from the average daily volume of 16,058,550 shares. The stock had previously closed at $92.68.

Several other brokerages have also recently weighed in on ASTS. Zacks Research cut AST SpaceMobile from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. B. Riley Financial reduced their price objective on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Finally, Scotiabank lowered AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target on the stock. in a report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $63.77.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of AST SpaceMobile stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the sale, the insider owned 211,379 shares in the company, valued at $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Shanti B. Gupta sold 10,000 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $77.34, for a total value of $773,400.00. Following the transaction, the chief operating officer owned 382,375 shares of the company’s stock, valued at approximately $29,572,882.50. This represents a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have acquired 2,015 shares of company stock valued at $149,144 and have sold 2,344,621 shares valued at $163,788,075. 30.90% of the stock is owned by insiders.

Key Stories Impacting AST SpaceMobile

Here are the key news stories impacting AST SpaceMobile this week:

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and provides a clear revenue pathway for consumer services and enterprise/government use cases. Read More.
• Positive Sentiment: Quarterly revenue materially beat expectations (huge YoY growth, cited as ~2,758% in coverage) and the company reports ample liquidity (~$3.9B), reducing near-term financing risk while validating commercial traction. Read More.
• Positive Sentiment: Operational progress — BlueBird 6 launch and contract wins (U.S. Space Development Agency and carrier partnerships such as Orange) push ASTS toward a hybrid commercial/defense revenue mix and improve long-term addressable market credibility. Read More.
• Neutral Sentiment: UBS raised its price target from $43 to $85 but maintained a “neutral” rating — a vote of improved valuation assumptions but not a full buy endorsement (UBS’s PT is below some intraday trading levels). Read More.
• Neutral Sentiment: Recent media coverage and momentum pieces highlight ASTS as a top mover in the space sector (helpful for retail interest and liquidity, but not fundamental on its own). Read More.
• Neutral Sentiment: Short-interest data in the filings appear inconsistent/zeroed (likely a data/reporting artifact), so there’s no clear evidence of elevated short pressure currently.
• Negative Sentiment: Q4 results showed a larger net loss than Wall Street expected (loss vs. forecast), and EPS missed estimates — underlines that scaling and cost control remain challenges even with revenue growth. Read More.
• Negative Sentiment: Analyst commentary highlights widening losses and rising costs despite top-line expansion, keeping profitability timelines uncertain and sustaining a negative reported margin profile. Read More.

Hedge Funds Weigh In On AST SpaceMobile

Several large investors have recently made changes to their positions in ASTS. REAP Financial Group LLC acquired a new stake in AST SpaceMobile in the 3rd quarter valued at approximately $25,000. Crewe Advisors LLC acquired a new stake in shares of AST SpaceMobile in the fourth quarter valued at $25,000. Laurel Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile in the 4th quarter valued at $25,000. Atlantic Union Bankshares Corp acquired a new position in AST SpaceMobile during the 2nd quarter worth about $28,000. Finally, Byrne Asset Management LLC acquired a new position in AST SpaceMobile during the 4th quarter worth about $29,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile Stock Up 13.2%

The company has a market capitalization of $38.50 billion, a PE ratio of -79.46 and a beta of 2.77. The company has a current ratio of 16.35, a quick ratio of 9.48 and a debt-to-equity ratio of 0.92. The business has a fifty day moving average of $94.38 and a 200 day moving average of $73.50.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The business had revenue of $54.31 million for the quarter, compared to analysts’ expectations of $39.53 million. The company’s revenue was up 2731.3% compared to the same quarter last year. Equities research analysts anticipate that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

AST SpaceMobile Company Profile

AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company’s core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.

AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.