AST SpaceMobile (NASDAQ:ASTS) Shares Down 3.4% – Should You Sell?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded down 3.4% during trading on Wednesday . The company traded as low as $59.43 and last traded at $59.88. Approximately 7,207,897 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 17,516,154 shares. The stock had previously closed at $62.01.

AST SpaceMobile News Summary

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

• Positive Sentiment: Investor optimism is being supported by reports of a record backlog, new government contracts and a White House goal of 1,000 space launches annually—developments that could expand AST SpaceMobile’s addressable market and improve long-term revenue visibility. 1,000 Reasons to Buy AST SpaceMobile Stock Now
• Positive Sentiment: The BlueBird deployment is progressing, with the network reportedly reaching 13 satellites and the company targeting beta service, meaningful 2026 revenue growth and 45 satellites by early 2027. Successful execution could move ASTS from a development story toward commercial monetization. Can ASTS Turn Its BlueBird Launch Push Into Meaningful 2026 Revenues?
• Positive Sentiment: AST SpaceMobile’s carrier partnerships and projected revenue growth continue to attract bullish comparisons with other space companies, with some analysts viewing its direct-to-device network as a differentiated opportunity. AST SpaceMobile vs. Firefly Aerospace
• Neutral Sentiment: Reports suggest ASTS may have been an undisclosed competitor in Rocket Lab’s increased bid for Iridium, highlighting strategic interest in satellite communications but also indicating that AST SpaceMobile may need a telecom partner for a major spectrum transaction. Why Did Rocket Lab Hike Its Iridium Bid?
• Negative Sentiment: Bearish analysis points to a premium valuation, substantial cash burn, demanding satellite deployment schedule and dependence on successful launches and service adoption. These risks are especially important after the company’s recent earnings miss and continued losses. Is ASTS Worth Buying as Growth Collides With a Premium Valuation?
• Negative Sentiment: Competition from SpaceX, spectrum requirements and broader launch-sector uncertainty remain pressure points. Analysts also note that ASTS has fallen sharply over the past three months as investors reassess execution and launch risk. ASTS Falls 47.5% in 3 Months

Wall Street Analysts Forecast Growth

ASTS has been the topic of several recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. Cantor Fitzgerald increased their price target on AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. William Blair reissued a “market perform” rating on shares of AST SpaceMobile in a research report on Friday, May 29th. Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective on the stock in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 target price on AST SpaceMobile in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $85.98.

AST SpaceMobile Price Performance

The business’s 50 day moving average price is $68.45 and its 200-day moving average price is $81.82. The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24. The company has a market cap of $23.91 billion, a PE ratio of -28.71 and a beta of 2.75.

AST SpaceMobile (NASDAQ:ASTS) last announced its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.45). The firm had revenue of $31.52 million during the quarter, compared to analysts’ expectations of $34.53 million. AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. During the same quarter last year, the company posted ($0.41) earnings per share. As a group, analysts forecast that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.

Insiders Place Their Bets

In other AST SpaceMobile news, CFO Andrew Martin Johnson sold 45,809 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $93.81, for a total value of $4,297,342.29. Following the transaction, the chief financial officer owned 503,619 shares in the company, valued at $47,244,498.39. The trade was a 8.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $96.37, for a total transaction of $3,854,800.00. Following the completion of the transaction, the chief technology officer directly owned 34,750 shares of the company’s stock, valued at approximately $3,348,857.50. The trade was a 53.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 20.89% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in AST SpaceMobile by 11,947.9% during the 2nd quarter. California State Teachers Retirement System now owns 31,526,551 shares of the company’s stock valued at $2,801,449,000 after purchasing an additional 31,264,875 shares in the last quarter. Vodafone Ventures Ltd acquired a new position in shares of AST SpaceMobile in the 4th quarter valued at approximately $397,413,000. Norges Bank purchased a new position in shares of AST SpaceMobile during the 4th quarter valued at approximately $198,270,000. Vanguard Group Inc. boosted its stake in shares of AST SpaceMobile by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock valued at $1,560,687,000 after buying an additional 1,568,292 shares during the last quarter. Finally, Morgan Stanley grew its position in shares of 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 buying an additional 1,425,199 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

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.