AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 8% – Should You Buy?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares traded up 8% during trading on Tuesday. The company traded as high as $64.75 and last traded at $63.12. 17,526,926 shares changed hands during trading, an increase of 6% from the average daily volume of 16,483,865 shares. The stock had previously closed at $58.44.

AST SpaceMobile News Roundup

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

• Positive Sentiment: AST SpaceMobile and TELUS completed a direct-to-smartphone satellite connectivity test in Canada using standard mobile devices. The demonstration supports ASTS’s commercial model of extending cellular coverage without specialized user equipment. AST SpaceMobile completed its first direct satellite to smartphone test in Canada
• Positive Sentiment: U.S. and Japanese government backing for a technology agreement has strengthened the strategic case for ASTS and helped drive recent optimism. Some analysts continue to see significant upside if launches and deployment remain on schedule. AST SpaceMobile stock has a $1 billion Japan catalyst
• Positive Sentiment: ASTS could benefit from Blue Origin’s planned return to launches in December, potentially enabling larger BlueBird satellite batches under the companies’ multi-launch agreement. This remains dependent on launch execution. ASTS stock eyes catalysts from Blue Origin
• Neutral Sentiment: Analysts remain divided: bullish commentary highlights ASTS’s long-term direct-to-device opportunity, while forecasts also point to approximately $3.2 billion of cash burn before 2029. The company’s large cash position may support expansion, but additional financing and dilution remain important risks. AST SpaceMobile cash burn analysis
• Negative Sentiment: A satellite rival’s regulatory approval has intensified competitive concerns. Because ASTS depends on wireless-carrier partnerships, investors may view a rival’s progress as a direct threat to carrier relationships and market share. AST SpaceMobile falls as satellite rival clears regulatory hurdle
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who purchased ASTS shares between March 4, 2025, and July 15, 2026. The complaints allege inadequate disclosure of adoption risks, financing needs and dilution from three $1 billion convertible-note offerings; the litigation adds reputational and financial uncertainty. AST SpaceMobile class action announcement
• Negative Sentiment: Execution and valuation risks remain elevated: ASTS has reportedly missed earnings expectations repeatedly, remains unprofitable, and its valuation depends heavily on timely launches and successful production scaling. Short interest of roughly 21.8% of the float could further amplify volatility. AST SpaceMobile short interest and launch risks

Analysts Set New Price Targets

A number of brokerages recently issued reports on ASTS. Cantor Fitzgerald increased their target price on shares of AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target for the company in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, September 21st. UBS Group initiated coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating on the stock. Finally, Royal Bank Of Canada downgraded AST SpaceMobile to a “sector perform” rating in a research report on Friday, October 2nd. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AST SpaceMobile has a consensus rating of “Hold” and a consensus price target of $84.58.

AST SpaceMobile Price Performance

The company has a fifty day simple moving average of $63.10 and a 200-day simple moving average of $76.08. The company has a market cap of $22.02 billion, a P/E ratio of -26.41 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.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings data 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). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The company had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.53 million. During the same period in the prior year, the business earned ($0.41) earnings per share. On average, sell-side analysts predict that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.

Insiders Place Their Bets

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total value of $2,357,200.00. Following the completion of the sale, the chief technology officer owned 34,750 shares in the company, valued at approximately $2,047,817.50. This represents a 53.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Adriana Cisneros acquired 10,822 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average cost of $57.22 per share, with a total value of $619,234.84. Following the purchase, the director directly owned 797,023 shares in the company, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

A number of hedge funds have recently modified their holdings of the business. Byrne Asset Management LLC boosted its position in shares of AST SpaceMobile by 17.0% in the third quarter. Byrne Asset Management LLC now owns 1,170 shares of the company’s stock worth $67,000 after buying an additional 170 shares during the period. CX Institutional lifted its stake in AST SpaceMobile by 1,256.1% in the 3rd quarter. CX Institutional now owns 556 shares of the company’s stock worth $33,000 after acquiring an additional 515 shares in the last quarter. QRG Capital Management Inc. lifted its stake in AST SpaceMobile by 11.6% in the 2nd quarter. QRG Capital Management Inc. now owns 8,496 shares of the company’s stock worth $755,000 after acquiring an additional 886 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in AST SpaceMobile by 21.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,309 shares of the company’s stock worth $472,000 after acquiring an additional 920 shares during the period. Finally, Tidal Investments LLC boosted its position in AST SpaceMobile by 9,876.8% during the 2nd quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock worth $93,220,000 after acquiring an additional 1,038,546 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.

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.