AST SpaceMobile (NASDAQ:ASTS) Shares Down 2.4% – Time to Sell?

09 Apr 2026, 23:34 by Michael Walen · The Markets Daily

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) fell 2.4% on Tuesday . The company traded as low as $89.61 and last traded at $92.57. 9,484,261 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 14,793,765 shares. The stock had previously closed at $94.81.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ASTS. B. Riley Financial cut their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Barclays boosted their price target on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Finally, UBS Group raised their target price on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, AST SpaceMobile presently has a consensus rating of “Reduce” and an average price target of $64.60.

Check Out Our Latest Stock Report on AST SpaceMobile

AST SpaceMobile Price Performance

The stock has a market capitalization of $35.00 billion, a price-to-earnings ratio of -69.40 and a beta of 2.81. The company has a 50 day moving average of $91.20 and a 200 day moving average of $81.36. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.08). The business had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The company’s quarterly revenue was up 2731.3% compared to the same quarter last year. As a group, equities research analysts forecast that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total value of $3,555,200.00. Following the completion of the transaction, the chief technology officer directly owned 4,750 shares in the company, valued at approximately $422,180. This represents a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 30.90% of the company’s stock.

Hedge Funds Weigh In On AST SpaceMobile

Several institutional investors have recently added to or reduced their stakes in ASTS. Vanguard Group Inc. increased its stake in AST SpaceMobile by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after acquiring an additional 1,568,292 shares during the last quarter. Vodafone Ventures Ltd acquired a new stake in AST SpaceMobile during the fourth quarter worth about $397,413,000. Morgan Stanley increased its stake in AST SpaceMobile by 44.0% during the fourth quarter. Morgan Stanley now owns 4,661,551 shares of the company’s stock worth $338,569,000 after acquiring an additional 1,425,199 shares during the last quarter. Geode Capital Management LLC increased its stake in AST SpaceMobile by 9.8% during the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock worth $328,749,000 after acquiring an additional 402,505 shares during the last quarter. Finally, State Street Corp increased its stake in AST SpaceMobile by 9.7% during the fourth quarter. State Street Corp now owns 3,951,685 shares of the company’s stock worth $287,011,000 after acquiring an additional 350,690 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile Company Profile

(Get Free Report)

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.