AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 13.1% – Still a Buy?

28 May 2026, 22:52 by Jessica Moore · The Cerbat Gem

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) rose 13.1% during trading on Tuesday . The company traded as high as $127.10 and last traded at $119.70. Approximately 47,038,517 shares changed hands during trading, an increase of 178% from the average daily volume of 16,939,641 shares. The stock had previously closed at $105.86.

Key Headlines Impacting AST SpaceMobile

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

Positive Sentiment: ASTS is still being rewarded by the broader space-stock rally sparked by SpaceX IPO speculation, which has lifted investor appetite for names tied to satellite infrastructure and launch activity. ASTS adds $10B in market cap on bold industry developments
Positive Sentiment: Coverage continues to highlight AST SpaceMobile’s direct-to-smartphone satellite model, FCC approval progress, telecom partnerships, and a large cash balance, reinforcing the bull case for future commercial scaling. Zacks Investment Ideas feature highlights: AST SpaceMobile
Positive Sentiment: The company’s June launch plan is keeping its 2026 satellite deployment target in focus, which investors may view as a sign ASTS is moving closer to execution on its network buildout. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Positive Sentiment: Investors are also focused on ASTS’s Vodafone joint venture and Europe’s push for satellite independence, which could support long-term demand for its network. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
Neutral Sentiment: Social-media chatter and Reddit attention are adding momentum, but this is mostly sentiment-driven rather than tied to a new operating development. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
Negative Sentiment: One offsetting concern is insider selling: President Scott Wisniewski sold 25,904 shares, which can raise questions about valuation after the stock’s sharp run-up. Insider Selling: AST SpaceMobile (NASDAQ:ASTS) President Sells 25,904 Shares of Stock
Negative Sentiment: Some commentators are also warning about stretched valuation and dilution/debt risks, especially if ASTS’s launch and revenue execution slows. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)

Analyst Upgrades and Downgrades

ASTS has been the topic of a number of recent research reports. Wall Street Zen cut shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $117.00 price target on shares of AST SpaceMobile in a research note on Wednesday, April 15th. New Street Research initiated coverage on shares of AST SpaceMobile in a research note on Wednesday, May 13th. They set a “neutral” rating and a $80.00 price target on the stock. Zacks Research raised shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, UBS Group decreased their target price on shares of AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, AST SpaceMobile presently has an average rating of “Reduce” and a consensus target price of $79.45.

Read Our Latest Research Report on AST SpaceMobile

AST SpaceMobile Stock Up 2.7%

The stock’s fifty day moving average is $87.61 and its two-hundred day moving average is $85.05. The company has a current ratio of 18.47, a quick ratio of 18.37 and a debt-to-equity ratio of 1.11. The firm has a market cap of $51.65 billion, a P/E ratio of -74.77 and a beta of 2.60.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The firm had revenue of $14.74 million for the quarter, compared to the consensus estimate of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business’s revenue was up 1952.2% on a year-over-year basis. During the same period last year, the company posted ($0.20) EPS. As a group, research analysts anticipate that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current year.

Insider Activity at AST SpaceMobile

In other news, CFO Andrew Martin Johnson sold 5,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $90.25, for a total value of $451,250.00. Following the transaction, the chief financial officer owned 565,805 shares of the company’s stock, valued at $51,063,901.25. This represents a 0.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Julio A. Torres sold 15,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the completion of the transaction, the director directly owned 43,239 shares in the company, valued at $3,300,865.26. The trade was a 25.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,100,000 shares of company stock worth $276,048,350 over the last quarter. 20.89% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AST SpaceMobile

A number of institutional investors have recently made changes to their positions in ASTS. Calton & Associates Inc. grew its holdings in shares of AST SpaceMobile by 0.8% during the 4th quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock valued at $986,000 after purchasing an additional 104 shares during the last quarter. Investmark Advisory Group LLC grew its holdings in shares of AST SpaceMobile by 2.7% during the 4th quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock valued at $337,000 after purchasing an additional 120 shares during the last quarter. ORG Partners LLC grew its holdings in shares of AST SpaceMobile by 4.2% during the 4th quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock valued at $238,000 after purchasing an additional 133 shares during the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of AST SpaceMobile by 18.2% during the 4th quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock valued at $67,000 after purchasing an additional 142 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of AST SpaceMobile by 39.0% during the 4th quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after purchasing an additional 144 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

(Get Free Report)

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.