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NASDAQ:ASTS

AST SpaceMobile (ASTS) Stock Price, News & Analysis

$11.37
+0.65 (+6.06%)
(As of 07/3/2024 ET)
Today's Range
$10.67
$11.54
50-Day Range
$2.21
$11.75
52-Week Range
$1.97
$12.60
Volume
4.32 million shs
Average Volume
9.40 million shs
Market Capitalization
$2.93 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.97

AST SpaceMobile MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.6% Upside
$14.97 Price Target
Short Interest
Healthy
21.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of AST SpaceMobile in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.66) to ($0.26) 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.

3.15 out of 5 stars

Computer And Technology Sector

246th out of 578 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 10 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

AST SpaceMobile (NASDAQ:ASTS) Stock Price Up 4.1%
AST SpaceMobile: Uncertainty Shouldn't Be Downplayed
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
AST SpaceMobile (NASDAQ:ASTS) Trading Up 1%
AST SpaceMobile (NASDAQ:ASTS) Hits New 52-Week High at $12.56
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
AST SpaceMobile, Inc. (NASDAQ:ASTS) Short Interest Update
AST SpaceMobile (NASDAQ:ASTS) Trading 3.6% Higher
AST SpaceMobile (NASDAQ:ASTS) Shares Up 0.7%
AST SpaceMobile (NASDAQ:ASTS) Trading 4.6% Higher
AST SpaceMobile (NASDAQ:ASTS) Trading 0.4% Higher
AST SpaceMobile (NASDAQ:ASTS) Sees Large Volume Increase
AST SpaceMobile (NASDAQ:ASTS) Shares Gap Up to $10.08
7 Stocks to Buy Now: June 2024
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/04/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:ASTS
Fax
N/A
Employees
489
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.97
High Stock Price Target
$19.00
Low Stock Price Target
$12.90
Potential Upside/Downside
+31.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-87,560,000.00
Pretax Margin
-43,081.20%

Debt

Sales & Book Value

Annual Sales
$13.82 million
Book Value
$0.98 per share

Miscellaneous

Free Float
111,872,000
Market Cap
$2.93 billion
Optionable
Optionable
Beta
1.61
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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

Should I buy or sell AST SpaceMobile stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AST SpaceMobile in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASTS shares.
View ASTS analyst ratings
or view top-rated stocks.

What is AST SpaceMobile's stock price target for 2024?

3 equities research analysts have issued 12-month price targets for AST SpaceMobile's shares. Their ASTS share price targets range from $12.90 to $19.00. On average, they anticipate the company's share price to reach $14.97 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price.
View analysts price targets for ASTS
or view top-rated stocks among Wall Street analysts.

How have ASTS shares performed in 2024?

AST SpaceMobile's stock was trading at $6.03 at the beginning of 2024. Since then, ASTS shares have increased by 88.6% and is now trading at $11.37.
View the best growth stocks for 2024 here
.

Are investors shorting AST SpaceMobile?

AST SpaceMobile saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 25,390,000 shares, a drop of 13.3% from the May 31st total of 29,300,000 shares. Based on an average trading volume of 9,920,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 21.1% of the shares of the company are short sold.
View AST SpaceMobile's Short Interest
.

When is AST SpaceMobile's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our ASTS earnings forecast
.

How were AST SpaceMobile's earnings last quarter?

AST SpaceMobile, Inc. (NASDAQ:ASTS) issued its quarterly earnings results on Wednesday, May, 15th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.02. The business earned $0.50 million during the quarter, compared to analysts' expectations of $3 million.

What ETFs hold AST SpaceMobile's stock?

ETFs with the largest weight of AST SpaceMobile (NASDAQ:ASTS) stock in their portfolio include Procure Space ETF (UFO), Invesco Dorsey Wright Technology Momentum ETF (PTF) and SPDR S&P Telecom ETF (XTL).First Trust Indxx Aerospace & Defense ETF (MISL).

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 7/5/2024 by MarketBeat.com Staff

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