Q1 Earnings Forecast for AST SpaceMobile Issued By B. Riley

AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Stock analysts at B. Riley issued their Q1 2025 EPS estimates for AST SpaceMobile in a research note issued on Wednesday, March 5th. B. Riley analyst M. Crawford forecasts that the company will post earnings of ($0.08) per share for the quarter. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share. B. Riley also issued estimates for AST SpaceMobile's Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.06) EPS and Q4 2025 earnings at ($0.05) EPS.

A number of other analysts have also recently weighed in on ASTS. Scotiabank boosted their target price on shares of AST SpaceMobile from $40.20 to $47.90 and gave the stock a "sector outperform" rating in a research note on Wednesday. UBS Group boosted their target price on shares of AST SpaceMobile from $31.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $30.00 price objective on shares of AST SpaceMobile in a research note on Tuesday. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $42.98.

AST SpaceMobile Price Performance

Shares of NASDAQ ASTS traded up $1.22 during midday trading on Thursday, reaching $33.40. 17,120,947 shares of the company were exchanged, compared to its average volume of 12,918,096. The stock's 50-day moving average price is $24.72 and its 200-day moving average price is $25.58. The stock has a market cap of $9.68 billion, a P/E ratio of -15.75 and a beta of 1.62. AST SpaceMobile has a one year low of $1.97 and a one year high of $39.08. The company has a quick ratio of 5.80, a current ratio of 5.80 and a debt-to-equity ratio of 0.31.

Remove Ads

Institutional Trading of AST SpaceMobile

Several institutional investors have recently modified their holdings of the business. Amalgamated Bank grew its stake in shares of AST SpaceMobile by 17.4% in the third quarter. Amalgamated Bank now owns 4,578 shares of the company's stock worth $120,000 after purchasing an additional 679 shares during the last quarter. Xponance Inc. lifted its holdings in AST SpaceMobile by 8.7% in the fourth quarter. Xponance Inc. now owns 9,676 shares of the company's stock valued at $204,000 after buying an additional 772 shares during the period. Hollencrest Capital Management acquired a new position in AST SpaceMobile in the third quarter valued at $26,000. CIBC Private Wealth Group LLC lifted its holdings in AST SpaceMobile by 106.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,372 shares of the company's stock valued at $53,000 after buying an additional 1,222 shares during the period. Finally, Americana Partners LLC lifted its holdings in AST SpaceMobile by 5.2% in the fourth quarter. Americana Partners LLC now owns 27,047 shares of the company's stock valued at $571,000 after buying an additional 1,326 shares during the period. Institutional investors own 60.95% of the company's stock.

About AST SpaceMobile

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.