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NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Price, News & Analysis

$26.11
-2.34 (-8.22%)
(As of 09/6/2024 ET)
Today's Range
$25.80
$29.58
50-Day Range
$10.72
$38.60
52-Week Range
$1.97
$39.08
Volume
17.65 million shs
Average Volume
10.20 million shs
Market Capitalization
$6.72 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.73

AST SpaceMobile MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
67.5% Upside
$43.73 Price Target
Short Interest
Bearish
22.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of AST SpaceMobile in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.78) to ($0.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.93 out of 5 stars

Computer And Technology Sector

313th out of 594 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 9 stocks

ASTS stock logo

About AST SpaceMobile Stock (NASDAQ:ASTS)

AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.

ASTS Stock Price History

ASTS Stock News Headlines

Financial markets news icon
MarketBeat Week in Review – 9/2 - 9/6 (ASTS)
The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession
Space Shuttle Launch — Photo
AST SpaceMobile: Reaching for the Stars or Overheating in Orbit?
ASTS has surged nearly 450% YTD, showing impressive relative strength with a 300% gain last quarter compared to the broader technology sector's decline.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Financial markets news icon
MarketBeat Week in Review – 8/19 - 8/23
Stocks closed the week higher on the near certainty that the Fed will cut interest rates in September, but in the short term, all eyes are on NVDA earnings
Financial markets news icon
MarketBeat Week in Review – 8/19 - 8/23 (ASTS)
Stocks closed the week higher on the near certainty that the Fed will cut interest rates in September, but in the short term, all eyes are on NVDA earnings
Global business concept of connections and information transfer in the world 3d illustration — Photo
The First Half of 2025 Will Be a Massive Test for AST SpaceMobile (ASTS)
AST SpaceMobile recently announced it plans to launch its first five satellites in September, sending shares up massively.
ASTS stock price
AST SpaceMobile Surges 50% Space Broadband Cellular Launch Nears
AST SpaceMobile Inc. (NASDAQ: ASTS) stock rocketed 50% following its Q2 2024 earnings report. The company missed EPS estimates for a loss of 51 cents by 29 cent
Financial markets news icon
MarketBeat Week in Review – 8/5 - 8/9 (ASTS)
Stocks were looking for direction to end the week, but next week may bring more volatility with the latest reading on inflation and the start of retail earnings
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Space satellite orbiting the earth. Elements of this image furnished by NASA.
Why AST SpaceMobile Stock is a Must-Watch in 2024
AST SpaceMobile Inc. (NASDAQ: ASTS) is a little-known satellite company with ambitious plans to create the world's first and only space-based cellular network
What Is Going On With AST SpaceMobile Stock?
AST SpaceMobile (NASDAQ:ASTS) Shares Gap Up After Analyst Upgrade
AST SpaceMobile (NASDAQ:ASTS) Trading 10.7% Higher on Analyst Upgrade
AST SpaceMobile (NASDAQ:ASTS) PT Raised to $63.00
AST SpaceMobile (ASTS) Receives a Rating Update from a Top Analyst
Why Is AST SpaceMobile Stock Is Plummeting On Thursday?
See More Headlines
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Company Calendar

Last Earnings
8/15/2023
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NASDAQ:ASTS
Fax
N/A
Employees
390
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.73
High Stock Price Target
$63.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+67.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-87,560,000.00
Pretax Margin
-21,153.36%

Debt

Sales & Book Value

Annual Sales
$1.40 million
Book Value
$0.90 per share

Miscellaneous

Free Float
111,872,000
Market Cap
$6.72 billion
Optionable
Optionable
Beta
1.63
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Key Executives

  • Mr. Abel Avellan (Age 53)
    Founder, Chairman, President & CEO
  • Mr. Sean Robert Wallace (Age 62)
    Executive VP & CFO
    Comp: $250k
  • Mr. Shanti B. Gupta (Age 47)
    Senior VP & Chief Accounting Officer
  • Dr. Huiwen Yao
    Chief Technology Officer
  • Mr. Andrew Martin Johnson (Age 49)
    Chief Legal Officer
  • Mr. Christopher Ivory
    Chief Commercial Officer
  • Dr. Raymond J. Sedwick
    Chief Scientist of Space Systems
  • Mr. Sriram Jayasimha
    Chief Scientist of Commercial Applications
  • Mr. Scott Wisniewski
    Executive VP & Chief Strategy Officer
  • Mr. Stephen Gibson
    Managing Director of UK

ASTS Stock Analysis - Frequently Asked Questions

How have ASTS shares performed this year?

AST SpaceMobile's stock was trading at $6.03 at the start of the year. Since then, ASTS shares have increased by 333.0% and is now trading at $26.11.
View the best growth stocks for 2024 here
.

How were AST SpaceMobile's earnings last quarter?

AST SpaceMobile, Inc. (NASDAQ:ASTS) issued its quarterly earnings data on Tuesday, August, 15th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.05.

Who are AST SpaceMobile's major shareholders?

AST SpaceMobile's top institutional shareholders include Oppenheimer & Co. Inc. (0.31%), Susquehanna International Group LLP, Bank of New York Mellon Corp (0.18%) and Renaissance Technologies LLC (0.16%).
View institutional ownership trends
.

How do I buy shares of AST SpaceMobile?

Shares of ASTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ASTS) was last updated on 9/7/2024 by MarketBeat.com Staff

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