Wall Street Zen Downgrades AST SpaceMobile (NASDAQ:ASTS) to Strong Sell

AST SpaceMobile (NASDAQ:ASTS) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday.

A number of other equities analysts also recently commented on ASTS. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. UBS Group lifted their price objective 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Zacks Research raised shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, Barclays raised their target price on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $77.10.

AST SpaceMobile Stock Up 4.6%

Shares of NASDAQ ASTS opened at $90.94 on Wednesday. AST SpaceMobile has a 12-month low of $20.26 and a 12-month high of $129.89. The stock’s fifty day simple moving average is $89.22 and its two-hundred day simple moving average is $82.85. The stock has a market capitalization of $34.74 billion, a PE ratio of -68.89 and a beta of 2.81. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly 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). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The company had revenue of $54.31 million during the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile’s revenue for the quarter was up 2731.3% on a year-over-year basis. As a group, analysts expect that AST SpaceMobile will post -0.4 EPS for the current fiscal year.

Insider Buying and Selling

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on 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 in the company, valued at approximately $422,180. The trade was a 89.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $86.22, for a total transaction of $116,397,000.00. Following the completion of the sale, the insider directly owned 27,980,155 shares in the company, valued at $2,412,448,964.10. This trade represents a 4.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,080,000 shares of company stock worth $274,452,000. 30.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ASTS. Vodafone Ventures Ltd purchased a new stake in AST SpaceMobile in the fourth quarter valued at $397,413,000. Norges Bank purchased a new position in shares of AST SpaceMobile during the 4th quarter valued at about $198,270,000. Vanguard Group Inc. lifted its holdings in shares of AST SpaceMobile by 13.4% in the 3rd quarter. Vanguard Group Inc. now owns 19,919,888 shares of the company’s stock valued at $977,668,000 after buying an additional 2,351,539 shares during the period. Clear Street Group Inc. acquired a new position in shares of AST SpaceMobile in the 3rd quarter valued at about $90,129,000. Finally, Morgan Stanley boosted its stake in shares of AST SpaceMobile by 44.0% in 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 during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

More AST SpaceMobile News

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

• Positive Sentiment: BlueBird 7 launch set for April 19; retail shareholders invited to attend the live event — a near-term operational catalyst that could reduce execution uncertainty if successful and increase investor visibility. AST SpaceMobile Announces BlueBird 7 Launch Date
• Positive Sentiment: Strong commercial outlook and liquidity profile highlighted — analysis notes FY25 revenue growth, FY26 guidance of $150–$200M and a path to $1B by FY27, plus a $1.2B contracted backlog and $3.9B in liquidity, lowering near-term dilution and deployment risk. This underpins upside expectations. AST SpaceMobile: From Cash Burn To Dominance
• Neutral Sentiment: Some coverage frames broader satellite investment tailwinds (e.g., Apple satellite interest), which can be a secular positive for industry valuations even if not a direct revenue driver for ASTS yet. Apple Sends an SOS, Creating a New Orbital Opportunity (ASTS)
• Neutral Sentiment: Short-term market reaction described as “digesting” Amazon’s deal for Globalstar — some investors initially bid ASTS up while they reassess how Amazon/Globalstar changes the competitive landscape. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
• Negative Sentiment: Amazon’s acquisition of Globalstar is viewed as a major competitive threat — larger, well-capitalized entrants increase pressure on spectrum access and market share, and prompted earlier sell-offs in ASTS. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal
• Negative Sentiment: Regulatory/competitive concerns and reported program delays have previously weighed on the stock — comments about a “three-way” race and lift-off uncertainties remain downside risks if execution hiccups recur. ASTS stock hits turbulence: FCC chief flags new ‘three-way’ race

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.