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Last updatedjust now

ASTS·AST SpaceMobile Inc.

$42.13
-4.93 (-10.49%)
After Hours
High
$47.84
Open
$45.50
Market Cap
18.36B
52W High
$133.86
Low
$41.40
P. Close
$42.13
P/E
-
52W Low
$46.23
Fwd P/E
-36.58
DailyIQ Est.
$75.96
Inst. Ownership
17.3%
Short Interest
16.57%
Days to Cover
6.1
NewEarnings release, scored · filed Aug 10, 2026Guidance reaffirmed · tone +11.1 vs prior release · 50 lines scoredSee the breakdown
Technical Score (1D)
14
BEARISH
News Sentiment
30
BEARISH
On Oct 13, Piper Sandler downgraded AST SpaceMobile to Neutral from Overweight and cut its price target from $98 to $54, citing uncertainty over the company’s satellite launch schedule for 2026 and 2027 and intensified competition from SpaceX. The downgrade triggered an 8 % decline in the stock, sending it to a 52‑week low and prompting a trading volume that exceeded 18 million shares, well above the 13‑million daily average. Investors expressed concerns that the rapid satellite deployment may not translate into immediate revenue, noting the June‑quarter revenue of $31.5 million against $119.1 million in adjusted operating expenses. The company’s $2.7 billion cash reserves were highlighted as a cushion, but the restricted nature of the cash limits immediate funding flexibility for deployment. The market reaction underscored uncertainty about the speed of revenue realization from the satellite‑to‑phone network rollout, reflecting a significant negative catalyst for the company’s valuation and growth prospects.
LOW TARGET
$43 +1.8%
2 analysts
MEAN TARGET
$74 +77.9%
13 analysts
HIGH TARGET
$108 +158.7%
7 analysts
PRICE RANGE
$42.50 - $108.00
SB / B / H / S / SS
2/9/8/2/1
DAILYIQ EST.
$75.96 (+81.9%)
Sector
Technology
Industry
Communication Equipment
Exchange
NMS
Country
United States
Symbol
ASTS
Description
AST SpaceMobile (ASTS) is a US-based company focused on building a space-based cellular broadband network, utilizing its proprietary BlueBird satellite constellation. This innovative network aims to deliver direct-to-smartphone connectivity, offering cellular broadband services to users regardless of their terrestrial coverage limitations. Founded in 2017, AST SpaceMobile's core value proposition lies in providing ubiquitous cellular access for both commercial and governmental applications. The company's headquarters are located in Midland, Texas, where it continues to develop and refine its satellite technology to address the growing demand for global mobile connectivity.
Bought (1Y)
10,822 shares
$619K
Sold (1Y)
344,631 shares
$31.5M
Thorsen WayneEVP & Chief Commercial Officer
Award/Grant200,000 shares2026-09-28
Gupta Shanti B.Chief Operating Officer
Sell12,000 shares2026-09-16
Yao HuiwenChief Technology Officer
Sell40,000 shares2026-09-16
Cisneros Adriana-
Buy670 shares2026-08-31
Cisneros Adriana-
Buy8,768 shares2026-08-31
47/ 100
Neutral / mixed
Overall: Neutral
✓Revenue growing year over year
✕Negative net margin
✕Negative operating cash flow
Gross Margin
0.0%
Net Margin
-482.2%
Revenue CAGR
64.1%
Current Ratio
16.35x
Debt / Equity
0.93x
Return on Equity
-14.3%
Earnings Summary
AST SpaceMobile (ASTS) is a U.S.-based company developing a space‑based cellular broadband network through its BlueBird satellite constellation, aiming to deliver direct‑to‑smartphone connectivity for commercial and governmental users. Operating in the technology sector’s communication equipment niche, the firm focuses on expanding global mobile coverage where terrestrial infrastructure is limited. In the most recent quarters, Q4 2025 revenue surged to $54.3 million from $4.3 million in Q3 2025, marking a 1,200% jump, while EPS remained negative at –$0.26 versus –$0.45 in Q3 2025, indicating a modest improvement in operating loss. Q1 2026 revenue fell sharply to $14.7 million from $53.5 million in Q4 2025, and EPS worsened to –$0.66 from –$0.26, reflecting a downturn in sales momentum. Over the past four quarters, revenue growth has accelerated in Q4 2025 but decelerated in Q1 2026, with EPS consistently below estimates, though the gap narrowed in Q4 2025 compared to prior periods. Historically, ASTS has shown a YoY revenue trajectory that has been volatile, with a 1,200% increase in Q4 2025 followed by a 72% decline in Q1 2026; EPS has remained negative throughout, with occasional narrowing of losses but no sustained profitability. The company has consistently missed EPS estimates, yet revenue has occasionally outpaced guidance, suggesting operational scaling challenges. Recent news highlights include the September 30 shipment of satellites 14‑16 to Cape Canaveral, advancing launch readiness, and a new change‑of‑control severance plan that may align executive incentives; these developments have modestly buoyed the stock amid sector momentum.

EPS

EstBeatMiss
$-0.73$-0.57$-0.41$-0.25$-0.09Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$-0.44 - -
Q2'26$-0.29$-0.44-54.1%
Q1'26$-0.19$-0.66-246.3%
Q4'25$-0.16$-0.26-59.3%
Q3'25$-0.26$-0.45-74.4%
Q2'25$-0.22$-0.41-89.2%

Revenue

EstBeatMiss
$-7M$10M$28M$45M$62MQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$48M - -
Q2'26$36M$32M-11.7%
Q1'26$38M$15M-61.6%
Q4'25$42M$54M+29.5%
Q3'25 - $15M -
Q2'25 - $1M -

Market Data

ASTS Stock Snapshot

BEARISH14/100
$41.75−$0.38 (0.9%)
Market cap
18.36B
Day range
$41.40 – $47.84
News sentiment
30/100 · Bearish
Analyst target
$74.28 (+77.9%)
Consensus
Buy · 22 analysts
52-week range-9.7% off low · -68.8% from high
$46.23$133.86
Price $41.75 DailyIQ Est. $75.96

ASTS is on the weaker side of its setup, with little confirmation for a reversal yet. Sector peers are worth watching - large caps in Technology tend to move together on rotation.

Behaviour On Record

What ASTS's own history says about today's numbers

Realized volatility (21d)
73.4% 34th pct
Below its peak
-64.1%
vs 200-day average
-41.6%
Up days (1y)
49%

AST SpaceMobile Inc. is currently running 73.4% annualised volatility over the last 21 sessions. Measured against ASTS's own 7 years of daily returns rather than a market-wide average, that is the 34th percentile — on the quiet side for this stock, against a typical reading of 86.8%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

ASTS is trading -64.1% below its running peak. Across 6 full years on file, its median worst-drawdown-in-a-year was -60.1%, and the deepest was -74.2% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -41.6% from its 200-day moving average. Against every other day in its history, that gap ranks at the 3rd percentile — a narrower gap than it typically runs. Over the past year ASTS closed higher on 49% of sessions, and it is currently 2 sessions into a falling streak.

On October specifically: over 7 years of records, ASTS finished the month higher 4 of 7 times, with a median return of +0.6% and an average of +3.0%. Its strongest month historically has been May at +54.4% on average, its weakest April at -7.8%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: ASTS has opened more than 2% away from the prior close in 321 of 1,673 sessions (19.2% of the time), with the largest gaps running +21.7% and -13.6%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, ASTS moved an average of 3.8% in the session after earnings, closing higher 2 of those 3 times, with a median move of +3.9% and a largest of +5.3%.

All figures computed from 1,676 daily closes between 2019-11-01 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against ASTS's own 7-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of ASTS's sector?

AST SpaceMobile Inc. sits in the Communication Services sector, currently ranked 10th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#10 of 12
Sector state
Improving
Sector rotation score
9

Options Market

What is the options market pricing for ASTS?

CallsPuts

For AST SpaceMobile Inc.'s nearest expiry (2026-10-16, 2 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 1.50), with at-the-money implied volatility around 117.2%. The options market is pricing roughly a ±9.0% move by that expiry — a range of about $47.06–$56.32.

Put/call ratio (2026-10-16)
1.50
ATM implied volatility
117.2%
Total open interest
57,581
Expected move by 2026-10-16
±9.0% ($47.06–$56.32)

Analyst Rating Changes

Are analysts turning bullish or bearish on ASTS?

Piper Sandler most recently downgraded AST SpaceMobile Inc. to Neutral on Oct 13, 2026 with a price target of $54 (from $98). Over the last 90 days, coverage has run 3 upgrades against 2 downgrades, a net bullish lean.

Latest action
Piper Sandler — Neutral
90-day upgrades
3
90-day downgrades
2
Net rating momentum
+1
DateFirmActionRatingPrice target
Oct 13, 2026Piper SandlerDowngradeOverweight → Neutral$98 → $54
Oct 12, 2026Deutsche BankUpgradeHold → Buy$93
Oct 2, 2026B. Riley SecuritiesDowngradeBuy → Neutral$85 → $65
Sep 2, 2026BerenbergInitiatedBuy$92
Aug 11, 2026UBSMaintainedNeutral$80 → $78
Aug 11, 2026Piper SandlerMaintainedOverweight$100 → $98
Aug 11, 2026Cantor FitzgeraldMaintainedOverweight$80 → $90
Jul 29, 2026ScotiabankUpgradeSector Underperform → Sector Perform$51
Jul 17, 2026B. Riley SecuritiesUpgradeNeutral → Buy$85
Jul 16, 2026Piper SandlerInitiatedOverweight$100
May 29, 2026Deutsche BankDowngradeBuy → Hold$117 → $106
May 12, 2026UBSMaintainedNeutral$85 → $80

Earnings Release, Scored

What did AST SpaceMobile Inc.'s latest earnings release say?

Filed Aug 10, 2026 · SEC Form 8-K, Exhibit 99

Guidance reaffirmed
Tone63.6/ 100+11.1 vs prior release
Hedging words0.77per 100 words+0.11 vs prior release
Tone, last 2 releasesScale 47–69

Most important lines

  1. 1

    This represents an increase of $165.0 million as compared to $164.1 million in the first quarter of 2026 due to a $125.9 million loss on involuntary conversion, a $20.3 million increase in general and administrative costs, a $11.9 million increase in cost of revenues, a $3.2 million increase in engineering services costs, a $3.1 million increase in depreciation and amortization expense, and a $0.6 million increase in research and development costs

    New this quarter
  2. 2

    Adjusted operating expenses (1) for the second quarter of 2026 were $119.1 million, an increase of $27.9 million as compared to $91.2 million in the first quarter of 2026 due to a $12.3 million increase in Adjusted engineering services costs (1) , a $11.9 million increase in Adjusted cost of revenues (1) , a $3.1 million increase in Adjusted general and administrative costs (1) , and a $0.6 million increase in research and development costs.

    New this quarter
  3. 3

    Our Adjusted operating expenses, excluding Adjusted cost of revenues (1) for the second quarter of 2026 was $95.9 million, compared to $79.8 million in the first quarter of 2026

    New this quarter

Peers & ETF holders

ASTS peers & ETF holders

News Sentiment Analysis

Sentiment gathered from recent headlines

30/100
Strong NegativeNeutralStrong Positive
BEARISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
Piper Sandler downgraded AST SpaceMobile to Neutral from Overweight, citing uncertainty over satellite launch schedules for 2026 and 2027 and intensified competition from SpaceX. The downgrade cut the price target from $98 to $54, contributing to an 8% drop to a 52‑week low. Investor concerns over potential shareholder dilution and delayed deployment added pressure, while the broader market reaction saw the stock fall to $46.23. The move reflects a significant negative catalyst for the company’s valuation and growth prospects.
What did this article say?
AST SpaceMobile shares fell 8.4% on October 13 after Piper Sandler downgraded the stock from Overweight to Neutral and cut its price target from $98 to $54. The downgrade was driven by concerns that the company’s rapid satellite deployment may not translate into immediate revenue, highlighted by a June‑quarter revenue of $31.5 million against $119.1 million in adjusted operating expenses. The company’s cash reserves of $2.7 billion provide a cushion, but restricted cash limits immediate funding flexibility. The market reaction underscored uncertainty about the speed of revenue realization from the satellite‑to‑phone network rollout.
What did this article say?
Piper Sandler’s senior analyst Alexander Potter downgraded AST SpaceMobile to neutral and cut the price target to $54, reflecting concerns that SpaceX’s recent $8 billion spectrum purchase and potential launch restrictions could erode ASTS’s market position. The downgrade follows a prolonged downtrend in ASTS shares since late May, with the stock trading near half its 2026 opening price. Potter’s note signals a material negative outlook for the satellite operator, as SpaceX’s dual threat of competitive services and launch limitations could compress ASTS’s pricing and customer acquisition prospects.
What did this article say?
AST SpaceMobile shares fell 7.55% after Piper Sandler downgraded the stock from Overweight to Neutral and lowered its price target from $98 to $54. The downgrade cited reduced confidence in the company’s 2026‑2027 launch schedule and highlighted SpaceX’s acquisition of mobile spectrum as a competitive threat. Piper warned that SpaceX could limit launch availability for AST and potentially undercut pricing or introduce its own devices. The next earnings report is not until mid‑November, leaving the market uncertain about the company’s near‑term trajectory.
What did this article say?
AST SpaceMobile (ASTS) shares fell 7.8% on Tuesday after Piper Sandler downgraded the stock from outperform to neutral and lowered its price target to $54. The downgrade came amid concerns about the company’s ability to meet its satellite deployment timeline. Trading volume exceeded 18 million shares, well above the 13‑million daily average, indicating heightened investor reaction.
What did this article say?
AST SpaceMobile shares dropped 8.54% on Tuesday after a brief 1% gain, with analysts debating the stock’s value. Deutsche Bank upgraded the stock to “buy,” arguing that market overreaction to launch delays had undervalued AST’s spectrum holdings, while Piper Sandler disagreed, citing SpaceX’s direct‑to‑cell ambitions as a threat. The stock has lost 26% over the past week, reflecting investor uncertainty about the company’s ability to assemble its constellation on schedule. The debate underscores the risk that SpaceX’s entry could divert telecom customers from AST.
What did this article say?
AST SpaceMobile reported that BlueBirds 14, 15 and 16 had arrived at Cape Canaveral and that the FCC had approved a 30‑day test of its 900‑MHz capabilities. The company also noted that satellite production in Texas was proceeding through BlueBird 50. These developments support the company’s plan to deliver cellular broadband to smartphones and government applications, and the market reacted with a modest 1% rise in shares.
What did this article say?
AST SpaceMobile (ASTS) encountered a new competitive threat when the FCC authorized SpaceX to launch a direct‑to‑phone satellite service. The approval enables SpaceX to use its low‑Earth orbit constellation to connect smartphones without relying on terrestrial cell towers. This regulatory shift challenges ASTS’s carrier‑partnered business model and raises questions about its competitive positioning. Despite the threat, the company still has other wins and a robust satellite constellation plan.
What did this article say?
AST SpaceMobile was downgraded to Hold after analysts highlighted mounting competitive pressure from SpaceX’s direct‑to‑device push and significant execution risks. The company’s $1.3 billion backlog and partnership with mobile network operators were offset by delays in satellite deployment and a projected free‑cash‑flow profitability only by FY2029. The downgrade reflects concerns that the high‑growth multiple may be overvalued amid these uncertainties.

Technical Analysis

Real-time indicators across multiple timeframes

14
BEARISH
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Institutional & Hedge Fund Ownership
25 tracked managers · $5.64B combined position · 12 adding, 12 trimming, 1 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy21,488,1805.49%$1.56B2026-01-29
BlackRock, Inc.▲ Buy15,273,4813.90%$1.36B2026-08-07
Morgan Stanley▲ Buy7,317,8271.87%$650.26M2026-08-13
Geode Capital Management, LLC▲ Buy5,105,1251.31%$453.13M2026-08-12
Goldman Sachs Group Inc▲ Buy3,872,2270.99%$344.09M2026-08-14
Norges Bank▲ Buy3,334,3260.85%$296.29M2026-08-12
Janus Henderson Group plc▼ Sell2,634,8030.67%$218.35M2026-05-18
Northern Trust Corp▲ Buy1,593,3150.41%$141.58M2026-08-13
Bank of America Corp▼ Sell1,191,1570.30%$105.85M2026-08-14
D. E. Shaw & Co., Inc.▼ Sell978,8990.25%$86.98M2026-08-14
Neuberger Berman Group LLC▼ Sell816,0830.21%$72.52M2026-08-13
Gotham Asset Management, LLC▲ Buy782,4460.20%$69.53M2026-08-14
FMR LLC (Fidelity)▼ Sell781,3550.20%$69.43M2026-08-13
Invesco Ltd.▼ Sell496,2070.13%$44.09M2026-08-14
Susquehanna International Group, LLP▲ Buy456,5600.12%$40.57M2026-08-14
Wellington Management Group LLP▼ Sell350,7070.09%$31.16M2026-08-14
JPMorgan Chase & Co▲ Buy200,7800.05%$18.50M2026-08-12
Citigroup Inc▲ Buy202,7120.05%$18.01M2026-08-03
Renaissance Technologies LLC▲ Buy192,6000.05%$17.11M2026-08-13
Wells Fargo & Company▼ Sell189,6270.05%$16.85M2026-08-14
Man Group plc▼ Sell120,6980.03%$10.73M2026-08-14
AllianceBernstein L.P.▼ Sell82,4470.02%$6.83M2026-08-14
Sculptor Capital LP• Hold51,2000.01%$4.55M2026-08-14
AQR Capital Management LLC▼ Sell35,4860.01%$3.04M2026-08-14
Citadel Advisors LLC▼ Sell33,1090.01%$2.94M2026-09-02
Q2 2026 flow:7.92M sh bought ($703.52M)7.53M sh sold ($663.49M)net +384.2K sh (+$40.03M)