AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 10.5% – Should You Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS)’s share price traded down 10.5% during mid-day trading on Tuesday . The stock traded as low as $87.40 and last traded at $88.57. 33,775,348 shares changed hands during trading, an increase of 127% from the average session volume of 14,875,179 shares. The stock had previously closed at $98.97.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: BlueBird 7 scheduled to launch April 19 — ASTS announced an imminent orbital launch and invited qualified retail shareholders to attend the live event at Cape Canaveral, giving the market a clear near‑term operational catalyst and visibility on deployment timing. Article Title
• Positive Sentiment: Bullish fundamentals analysis — a Seeking Alpha piece highlights FY25 revenue acceleration ($70.9M), guidance toward $150–$200M in FY26 and $1B by FY27, a $1.2B contracted backlog, a $175M prepayment from STC Group and roughly $3.9B in liquidity, which supports deployment plans and reduces near‑term dilution risk. Article Title
• Neutral Sentiment: Market is re‑pricing on Amazon/Globalstar news — some coverage notes ASTS shares have climbed as investors digest Amazon’s deal for Globalstar, indicating mixed sentiment as the market weighs industry consolidation versus competition. Article Title
• Neutral Sentiment: Broader media takeaways — several analyst and media pieces debate whether ASTS’s rapid run is sustainable (coverage on valuation, insider ownership and “too late to buy” questions), keeping volatility high but not providing a one‑sided trade signal. Article Title
• Negative Sentiment: Competition concern from Amazon/Globalstar — analysts and Benzinga argue Amazon’s purchase of Globalstar brings a much larger, better‑capitalized competitor into the market for direct-to-smartphone LEO services, a structural risk that can pressure ASTS valuation and market share expectations. Article Title
• Negative Sentiment: Regulatory/competitive signal and prior volatility — reporting that the FCC chief flagged a “three‑way” race and earlier notes about delays and a recent sharp pullback (mid‑April decline) underscore execution and competitive risks that keep shares sensitive to headlines. Article Title

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Barclays raised their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Thursday, April 9th. B. Riley Financial lowered their price target on shares of 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 upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Finally, Scotiabank lowered shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective for the company. in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $77.10.

AST SpaceMobile Trading Up 4.6%

The firm’s 50-day moving average is $89.27 and its 200-day moving average is $82.79. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The firm has a market cap of $34.74 billion, a price-to-earnings ratio of -68.89 and a beta of 2.81.

AST SpaceMobile (NASDAQ:ASTS) last posted 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 for the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.AST SpaceMobile’s revenue was up 2731.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Insider Activity at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the completion of the sale, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at $422,180. The trade was a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 30.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AST SpaceMobile

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of 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 in the last quarter. Vodafone Ventures Ltd bought a new stake in shares of AST SpaceMobile in the 4th quarter worth $397,413,000. Morgan Stanley grew its stake in shares of AST SpaceMobile by 44.0% in the 4th 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 in the last quarter. Geode Capital Management LLC grew its stake in shares of AST SpaceMobile by 9.8% in the 4th 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 in the last quarter. Finally, State Street Corp grew its stake in shares of AST SpaceMobile by 9.7% in the 4th 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 in the last quarter. 60.95% of the stock is owned by institutional investors.

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.