AST SpaceMobile (NASDAQ:ASTS) Upgraded to “Buy” at Deutsche Bank Aktiengesellschaft

AST SpaceMobile (NASDAQ:ASTS) was upgraded by Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has a $93.00 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 117.05% from the company’s previous close.

ASTS has been the topic of several other reports. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, September 21st. William Blair reiterated a “market perform” rating on shares of AST SpaceMobile in a research report on Monday, October 5th. Royal Bank Of Canada downgraded AST SpaceMobile to a “sector perform” rating in a research report on Friday, October 2nd. Cantor Fitzgerald upped their price target on AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Finally, UBS Group initiated coverage on AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating for the company. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, AST SpaceMobile currently has a consensus rating of “Hold” and a consensus target price of $80.18.

AST SpaceMobile Stock Performance

Shares of NASDAQ:ASTS traded down $4.21 during trading on Monday, reaching $42.85. The company had a trading volume of 11,514,574 shares, compared to its average volume of 16,689,787. The firm has a market capitalization of $16.67 billion, a price-to-earnings ratio of -20.11 and a beta of 2.72. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90. The stock’s fifty day moving average price is $62.21 and its 200 day moving average price is $74.99. AST SpaceMobile has a fifty-two week low of $43.03 and a fifty-two week high of $133.86.

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

Insider Buying and Selling

In other news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the transaction, the chief technology officer directly owned 34,750 shares in the company, valued at approximately $2,047,817.50. This trade represents a 53.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti B. Gupta sold 12,000 shares of AST SpaceMobile stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total value of $706,680.00. Following the completion of the transaction, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. The trade was a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 20.89% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Capital Advisors Ltd. LLC increased its stake in shares of AST SpaceMobile by 6.6% during the first quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company’s stock worth $219,000 after purchasing an additional 164 shares in the last quarter. Hollencrest Capital Management increased its stake in shares of AST SpaceMobile by 11.7% during the first quarter. Hollencrest Capital Management now owns 1,592 shares of the company’s stock worth $132,000 after purchasing an additional 167 shares in the last quarter. Byrne Asset Management LLC increased its stake in shares of AST SpaceMobile by 17.0% during the third quarter. Byrne Asset Management LLC now owns 1,170 shares of the company’s stock worth $67,000 after purchasing an additional 170 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of AST SpaceMobile by 15.5% during the second quarter. TD Waterhouse Canada Inc. now owns 1,404 shares of the company’s stock worth $121,000 after purchasing an additional 188 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in shares of AST SpaceMobile by 72.2% during the first quarter. HHM Wealth Advisors LLC now owns 465 shares of the company’s stock worth $39,000 after purchasing an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Key AST SpaceMobile News

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

• Positive Sentiment: Deutsche Bank remains bullish: The bank upgraded AST SpaceMobile to Buy with a $93 price target, arguing that the company’s spectrum assets could support much of its enterprise value. Deutsche Bank upgrade and price target
• Positive Sentiment: Spectrum and regulatory efforts provide a potential catalyst: AST SpaceMobile is advocating for satellite-to-phone access to two mobile spectrum bands ahead of the World Radiocommunication Conference. Approval and successful execution could strengthen its direct-to-device strategy. AST SpaceMobile spectrum and FCC efforts
• Neutral Sentiment: Analyst views are diverging: Clear Street reportedly sees AST SpaceMobile maintaining a lead of roughly six months over SpaceX, contrasting with Piper Sandler’s more cautious assessment. Clear Street view on AST SpaceMobile
• Negative Sentiment: Piper Sandler downgraded the shares to Neutral and cut its price target to $54 from approximately $98, citing SpaceX’s expanding direct-to-cell ambitions, potential launch-related delays, and risks to AST SpaceMobile’s commercial rollout. Piper Sandler target cut and SpaceX competition
• Negative Sentiment: Multiple securities lawsuits are adding headline and financial risk. Complaints allege that AST SpaceMobile overstated the sufficiency of its capital and competitive position, while roughly $3 billion of convertible-note issuance allegedly produced significant dilution. The allegations have not been proven, but the cases may weigh on sentiment; the lead-plaintiff deadline is November 13, 2026. AST SpaceMobile securities class action notice

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.