Q1 Earnings Estimate for AST SpaceMobile Issued By B. Riley

AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Equities research analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for AST SpaceMobile in a research note issued on Wednesday, March 5th. B. Riley analyst M. Crawford expects that the company will earn ($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.

Several other equities research analysts also recently weighed in on ASTS. UBS Group increased their price target on AST SpaceMobile from $31.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday. Cantor Fitzgerald reiterated an "overweight" rating and issued a $30.00 price target on shares of AST SpaceMobile in a report on Tuesday, March 4th. Finally, Scotiabank raised their price objective on AST SpaceMobile from $40.20 to $47.90 and gave the stock a "sector outperform" rating in a report on Wednesday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $42.98.

AST SpaceMobile Trading Up 3.8 %

Shares of NASDAQ ASTS traded up $1.22 during midday trading on Thursday, hitting $33.40. The company's stock had a trading volume of 17,120,947 shares, compared to its average volume of 12,918,096. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.31. The business's 50 day moving average is $24.93 and its two-hundred day moving average is $25.48. AST SpaceMobile has a 12-month low of $1.97 and a 12-month high of $39.08. The firm has a market cap of $9.68 billion, a P/E ratio of -15.75 and a beta of 1.62.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hollencrest Capital Management purchased a new position in AST SpaceMobile during the 3rd quarter worth $26,000. Summit Securities Group LLC purchased a new stake in shares of AST SpaceMobile during the 4th quarter worth $37,000. Bernard Wealth Management Corp. bought a new stake in AST SpaceMobile during the fourth quarter valued at about $42,000. Golden State Wealth Management LLC purchased a new position in AST SpaceMobile in the fourth quarter valued at about $46,000. Finally, CIBC Private Wealth Group LLC raised 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 worth $53,000 after purchasing an additional 1,222 shares in the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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.