AST SpaceMobile (NASDAQ:ASTS) Trading Down 1.2% – Time to Sell?

23 Apr 2026, 19:37 by Amy Steele · The Cerbat Gem

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) dropped 1.2% during mid-day trading on Tuesday . The company traded as low as $78.80 and last traded at $80.01. Approximately 19,129,528 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 15,415,871 shares. The stock had previously closed at $81.00.

AST SpaceMobile News Roundup

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

Positive Sentiment: FCC granted AST SpaceMobile commercial authority to deploy and operate its SpaceMobile NGSO system (approval covers direct-to-device service using up to 248 satellites), validating AST’s technology and enabling nationwide US service — a strong regulatory milestone supporting long-term revenue potential. FCC Grants AST SpaceMobile Commercial Authority
Positive Sentiment: Market coverage and analyst notes show a rebound after the regulatory win, highlighting that the FCC decision reduces regulatory uncertainty and is being treated as a material validation of AST’s business model. AST SpaceMobile’s stock rebounds as the satellite company gets a much-needed win
Neutral Sentiment: Outlets note the regulatory win shifts the debate from viability to execution — AST’s path looks clearer, but delivering a large constellation on time and on budget remains the key risk to watch. This Space Stock Just Proved the Bears Wrong Again—Here’s What Comes Next
Neutral Sentiment: Sector results (e.g., Iridium’s earnings miss) show demand for satellite services remains mixed; peer performance offers context but isn’t a direct read-through to AST’s near-term revenue. Iridium Earnings Miss. CEO Touts Satellite Phone Strategic Fit
Negative Sentiment: Blue Origin’s BlueBird 7 deployment failed to reach a usable orbit, resulting in the loss of a satellite intended for AST’s constellation — this raised immediate execution concerns and triggered a selloff. AST SpaceMobile Drops 15% After Blue Origin Satellite Mishap
Negative Sentiment: AT&T commentary and industry coverage flagged SpaceX and Amazon as potential rivals, renewing investor worry about competitive pressure from much larger players with deep capital and launch/infrastructure advantages. ASTS stock slides premarket: AT&T says SpaceX and Amazon could rival AST SpaceMobile

Analyst Ratings Changes

A number of research firms recently issued reports on ASTS. Scotiabank downgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 target price on the stock. in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft set a $117.00 price target on shares of AST SpaceMobile in a research note on Wednesday, April 15th. Barclays lifted their price target 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. New Street Research set a $115.00 price target on shares of AST SpaceMobile in a research note on Monday. Finally, UBS Group lifted their price target on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research note on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $82.51.

Get Our Latest Stock Report on AST SpaceMobile

AST SpaceMobile Stock Performance

The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27. The company’s fifty day simple moving average is $87.91 and its two-hundred day simple moving average is $83.72. The stock has a market cap of $30.08 billion, a price-to-earnings ratio of -59.66 and a beta of 2.81.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share 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 business had revenue of $54.31 million for the quarter, compared to analyst estimates of $39.53 million. The business’s revenue for the quarter was up 2731.3% compared to the same quarter last year. On average, analysts forecast that AST SpaceMobile, Inc. will post -0.99 earnings per share for the current year.

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction 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 transaction, the chief technology officer owned 4,750 shares in the company, valued at approximately $422,180. This represents a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,690,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $91.42, for a total transaction of $154,499,800.00. Following the transaction, the insider owned 29,330,155 shares in the company, valued at approximately $2,681,362,770.10. The trade was a 5.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,080,000 shares of company stock worth $274,452,000. Corporate insiders own 30.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC raised its holdings in shares of AST SpaceMobile by 11.8% in the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after purchasing an additional 3,642 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AST SpaceMobile by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock valued at $1,814,000 after purchasing an additional 3,515 shares during the last quarter. Millennium Management LLC raised its holdings in shares of AST SpaceMobile by 16.1% in the first quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock valued at $10,634,000 after purchasing an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of AST SpaceMobile by 18.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock valued at $7,405,000 after purchasing an additional 49,811 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of AST SpaceMobile in the first quarter valued at about $168,000. Institutional investors and hedge funds 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.