AST SpaceMobile (NASDAQ:ASTS) Stock Rating Upgraded by Berenberg Bank

AST SpaceMobile (NASDAQ:ASTS) was upgraded by stock analysts at Berenberg Bank to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

Several other research analysts have also issued reports on ASTS. Piper Sandler lowered their target price on AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective on the stock in a research note on Friday, July 17th. Scotiabank upgraded shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective on the stock in a report on Wednesday, July 29th. New Street Research set a $106.00 target price on shares of AST SpaceMobile in a research note on Friday, May 29th. Finally, William Blair reiterated a “market perform” rating on shares of AST SpaceMobile in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $86.58.

AST SpaceMobile Price Performance

ASTS stock opened at $62.13 on Wednesday. AST SpaceMobile has a 12-month low of $36.08 and a 12-month high of $133.86. The stock has a market capitalization of $24.18 billion, a price-to-earnings ratio of -29.03 and a beta of 2.74. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The firm’s 50-day moving average price is $67.19 and its two-hundred day moving average price is $80.67.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). The business had revenue of $31.52 million for the quarter, compared to the consensus estimate 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 period in the previous year, the company earned ($0.41) EPS. As a group, equities analysts predict that AST SpaceMobile will post -1.95 earnings per share for the current year.

Insider Transactions at AST SpaceMobile

In other news, CFO Andrew Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 503,619 shares in the company, valued at $47,244,498.39. The trade was a 8.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Adriana Cisneros acquired 10,822 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were bought at an average cost of $57.22 per share, with a total value of $619,234.84. Following the completion of the acquisition, the director directly owned 797,023 shares of the company’s stock, valued at $45,605,656.06. The trade was a 1.38% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 20.89% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AST SpaceMobile

A number of hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its holdings in shares of 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 buying an additional 31,264,875 shares during the period. Vodafone Ventures Ltd bought a new position in AST SpaceMobile in the fourth quarter valued at about $397,413,000. Norges Bank bought a new position in AST SpaceMobile in the fourth quarter valued at about $198,270,000. Morgan Stanley boosted its position in 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 purchasing an additional 1,425,199 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in AST SpaceMobile by 8,016.7% in the fourth quarter. Focus Partners Wealth now owns 1,269,609 shares of the company’s stock worth $92,000,000 after purchasing an additional 1,253,967 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: Berenberg initiated coverage of AST SpaceMobile (ASTS) with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s broader space-sector coverage reflects growing institutional interest in satellite communications and orbital infrastructure. Berenberg initiates coverage of AST SpaceMobile
• Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings to 797,023 shares. The open-market purchase may reassure investors about insider confidence in the company’s long-term prospects. AST SpaceMobile insider purchase
• Positive Sentiment: Regulatory progress remains a potential catalyst: the FCC authorized testing of 800 MHz connectivity, while Japan’s Radio Regulatory Council endorsed a 700 MHz framework for Rakuten and AST SpaceMobile’s network. Carrier partnerships and the planned US Mobile service launch could support future commercialization. FCC progress and BlueBird satellite outlook
• Neutral Sentiment: Seeking Alpha maintained a bullish view, arguing that the recent selloff has gone too far and that AST SpaceMobile could target approximately $1 billion in first-year commercial revenue. However, that outlook depends on deploying 45 BlueBird satellites and meeting ambitious 2027 operating targets. AST SpaceMobile selloff analysis
• Negative Sentiment: AST SpaceMobile moved its target for 45 satellites from late 2026 to early 2027. The delay raises concerns about manufacturing execution, launch timing and the company’s ability to begin commercial revenue on schedule. AST SpaceMobile commercial launch delay
• Negative Sentiment: The company’s latest quarterly results missed expectations: an adjusted loss of $0.77 per share versus an expected loss of $0.32, and revenue of $31.52 million versus $34.53 million expected. Heavy cash burn, possible dilution and prior insider-selling concerns continue to pressure the valuation. AST SpaceMobile financial concerns
• Negative Sentiment: Kessler Topaz Meltzer & Check is investigating potential federal securities-law violations involving ASTS. The announcement does not establish wrongdoing, but it adds headline and litigation risk after the stock’s steep decline since May. AST SpaceMobile investigation alert

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.