AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 1.9% After Analyst Downgrade

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded down 1.9% during mid-day trading on Wednesday after Wall Street Zen downgraded the stock from a sell rating to a strong sell rating. The stock traded as low as $84.02 and last traded at $86.91. 17,243,063 shares were traded during mid-day trading, an increase of 16% from the average session volume of 14,914,344 shares. The stock had previously closed at $88.57.

Several other brokerages have also recently issued reports on ASTS. Barclays boosted their price objective on AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a report on Thursday, April 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. B. Riley Financial reduced 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. UBS Group upped their price target on AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. Finally, Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $77.10.

Insiders Place Their Bets

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction dated 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 owned 4,750 shares of the company’s stock, valued at approximately $422,180. This represents a 89.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 30.90% of the company’s stock.

Key AST SpaceMobile News

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

• Positive Sentiment: Apple-related opportunity — MarketBeat argues Apple may seek independent, high-speed satellite partners after Amazon’s Globalstar move; ASTS is explicitly named as a strategic candidate given its direct-to-phone 5G technology and stated revenue/launch targets. Apple Sends an SOS, Creating a New Orbital Opportunity (ASTS)
• Positive Sentiment: Q4 beat and commercial roadmap — Coverage notes ASTS reported a sizable Q4 revenue beat ( ~$70.9M ) and reiterated targets (45–60 satellites by end-2026; ~$1B revenue goal for 2027), supporting the bull case despite a launch timing update. AST SpaceMobile (ASTS) Is Up 6.9% After Q4 Beat And Launch Delay Update Has The Bull Case Changed?
• Positive Sentiment: Sector tailwind from SpaceX IPO talk — MarketBeat lists ASTS among stocks that could benefit if a SpaceX IPO unlocks institutional capital for the broader space ecosystem, which would help funding and launch access. 5 Space Stocks Already Climbing Ahead of the SpaceX IPO (ASTS)
• Neutral Sentiment: Manufacturing & supply-chain update — Zacks notes ASTS is vertically integrating Block 2 BlueBird production to reduce geopolitical/supply risk, but some vendor reliance remains; this lowers operational risk over time but doesn’t eliminate it. Can ASTS’ Manufacturing Strategy Shield it From Geopolitical Risks?
• Negative Sentiment: Amazon‑Globalstar deal elevates competition — Benzinga explains the immediate sell-off: Amazon’s $11.6B acquisition of Globalstar injects a deep‑pocketed competitor into direct-to-phone satellite services, pressuring ASTS’s market opportunity and partner prospects. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal
• Negative Sentiment: Deal details underscore scale of new rival — Coverage of Amazon’s $11.57B Globalstar purchase (terms and strategic rationale) highlights why investors are marking down ASTS while recalibrating partner risk. Amazon Agrees To Buy Globalstar In $11.6 Billion Deal Amid Musk Space Battle
• Negative Sentiment: Market reaction & launch/timing headwinds — Multiple outlets (Invezz, MSN) point to the stock slipping after the Amazon news and flag regulatory/competitive commentary plus a BlueBird launch delay that raises short‑term execution uncertainty. AST SpaceMobile stock is slipping and Amazon may be to blame ASTS stock hits turbulence: FCC chief flags new ‘three-way’ race, BlueBird delay weighs on lift-off plans

Hedge Funds Weigh In On AST SpaceMobile

A number of hedge funds have recently made changes to their positions in ASTS. REAP Financial Group LLC acquired a new position in shares of AST SpaceMobile during the third quarter valued at approximately $25,000. Crewe Advisors LLC acquired a new position in shares of AST SpaceMobile during the fourth quarter valued at approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile during the fourth quarter valued at approximately $25,000. Byrne Asset Management LLC acquired a new position in shares of AST SpaceMobile during the fourth quarter valued at approximately $29,000. Finally, Acumen Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile during the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile Stock Down 1.9%

The business has a fifty day simple moving average of $89.60 and a 200 day simple moving average of $82.76. The firm has a market cap of $33.20 billion, a price-to-earnings ratio of -65.84 and a beta of 2.81. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27.

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