AST SpaceMobile, Inc. (ASTS) Stock Price & Analysis
AST SpaceMobile, Inc. (ASTS) closed at USD 43.07 on Thursday, October 29, 2026, up 1.82% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 42.3; the Oct 29, 2026 session ranged USD 41.61–44.85 on volume of 12,759,701 shares. Market capitalization is $16.76B, with a 52-week range of USD 36.72–133.86 (NMS). Source: Nexqual, retrieved October 29, 2026 at 21:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ASTS.md
Key facts (ASTS)
- Last four reported quarters (through Jun 30, 2026): revenue $115M, net income -$619M (-536.7% margin), free cash flow -$1.64B (SEC filings).
- 1 of 80 tracked superinvestors hold ASTS (13F, Q3 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $287M; 6 not under a Rule 10b5-1 plan ($281M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $619K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.77 on a 1–5 scale) (13 analysts), mean target USD 74.68 (range 42.5–108).
- Total return with dividends: 1Y -43.8% vs S&P 500 +14.4%; 5Y +284.9% vs S&P 500 +79.1%.
- Next earnings: 2026-11-09, EPS estimate USD -0.45, revenue estimate $46.0M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ASTS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.4M | $13.8M | $0K | $13.8M | $70.9M | $115M |
| Gross profit | $4.8M | $7.1M | $0K | — | — | — |
| Net income | -$30.6M | -$31.6M | -$87.6M | -$300M | -$342M | -$619M |
| EPS (diluted) | -$0.37 | — | — | — | — | — |
| Free cash flow | -$95.2M | -$214M | -$268M | -$300M | -$1.14B | -$1.64B |
| Gross margin | 39.0% | 51.4% | — | — | — | — |
| Net margin | -246.3% | -228.9% | — | -2170.6% | -482.2% | -536.7% |
| Revenue growth | +107.9% | +11.4% | -100.0% | — | +413.0% | — |
| Cash + short-term investments | $636M | $469M | $155M | $1.08B | $4.34B | — |
| Total debt | $5.0M | $5.0M | $59.5M | $158M | $2.22B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ASTS)
P/S 145.4x · EV/Sales 131.4x · P/B 7.0x · FCF yield -9.77% · Earnings yield -3.69% · Net cash $1.62B · EV $15.1B
Superinvestors (SEC 13F-HR, Q3 2026) (ASTS)
1 of 80 tracked investors hold ASTS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| David Katz | Matrix Asset Advisors | 0.03% | $317K | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (ASTS)
2 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-16 | Yao Huiwen | Chief Technology Officer | 40,000 | $2.4M | 53.5% | Yes (adopted June 5, 2026) | Too little history (no open-market trades in 2023) |
| 2026-09-16 | Gupta Shanti B. | Chief Operating Officer | 12,000 | $707K | 2.5% | No | Too little history (no open-market trades in 2023) |
| 2026-06-11 | Johnson Andrew Martin | CFO and CLO | 45,809 | $4.3M | 8.3% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-05 | Yao Huiwen | Chief Technology Officer | 40,000 | $3.9M | 53.5% | Yes (adopted June 12, 2025) | Too little history (no open-market trades in 2023) |
| 2026-05-20 | Johnson Andrew Martin | CFO and CLO | 5,000 | $451K | 0.9% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-13 | Torres Julio A. | Director | 15,000 | $1.1M | 25.8% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-14…2026-04-15 | Mikitani Hiroshi | 3,040,000 | $271M | 9.8% | No | Too little history (no open-market trades in 2023–2025) | |
| 2025-05-27 | Wisniewski Scott | President | 25,904 | $3.3M | 3.4% | No | Too little history (no open-market trades in 2022 or 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ASTS)
1 purchase, $619K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-31 | Cisneros Adriana | Director | 10,822 | $619K | 57.22 | Too little history (no open-market trades in 2023) |
Analysts (ASTS)
Consensus Hold (mean 2.77 on a 1–5 scale), 13 analysts; mean target USD 74.68 (low 42.5, high 108).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-23 | Scotiabank | Upgrade | Sector Perform → Sector Outperform | $50.8 → $55.7 |
| 2026-10-13 | Piper Sandler | Downgrade | Overweight → Neutral | $98 → $54 |
| 2026-10-12 | Deutsche Bank | Upgrade | Hold → Buy | $93 |
| 2026-10-02 | B. Riley Securities | Downgrade | Buy → Neutral | $85 → $65 |
| 2026-09-02 | Berenberg | Initiated | Buy | $92 |
| 2026-08-11 | UBS | Target lowered | Neutral | $80 → $78 |
| 2026-08-11 | Piper Sandler | Target lowered | Overweight | $100 → $98 |
| 2026-08-11 | Cantor Fitzgerald | Target raised | Overweight | $80 → $90 |
| 2026-07-29 | Scotiabank | Upgrade | Sector Underperform → Sector Perform | $50.8 |
| 2026-07-17 | B. Riley Securities | Upgrade | Neutral → Buy | $85 |
| 2026-07-16 | Piper Sandler | Initiated | Overweight | $100 |
Total return (dividends reinvested) (ASTS)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -43.8% | +284.9% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | -43.9% | +30.9% |
| Volatility (annualized) | 107.8% | 98.1% |
| Max drawdown | -70.9% (May 2026→Oct 2026) | -83.7% (Nov 2021→Apr 2024) |
ASTS earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 10, 2026 | Quarter ended Jun 30, 2026 | −$0.77 | −$0.33 | Miss −133.3% | -0.4% |
| Jul 15, 2026 | Quarter ended Jun 30, 2026 | −$0.77 | −$0.33 | Miss −133.3% | -20.1% |
| May 11, 2026 | Quarter ended Mar 31, 2026 | −$0.66 | −$0.20 | Miss −230.0% | -2.8% |
| Mar 2, 2026 | Quarter ended Dec 31, 2025 | −$0.26 | −$0.20 | Miss −30.0% | +17.0% |
| Feb 11, 2026 | Quarter ended Dec 31, 2025 | −$0.26 | −$0.20 | Miss −30.0% | -14.6% |
| Nov 10, 2025 | Quarter ended Sep 30, 2025 | −$0.45 | −$0.26 | Miss −73.1% | -1.9% |
| Oct 21, 2025 | Quarter ended Sep 30, 2025 | −$0.45 | −$0.26 | Miss −73.1% | -13.8% |
| Aug 11, 2025 | — | — | — | — | +6.7% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
ASTS recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 27, 2026 | Schedule 13G | BlackRock, Inc.: 5.4% of shares, passive 5%+ holder |
| Oct 20, 2026 | 8-K | Director or executive officer change, or pay arrangement “On October 14, 2026, AST SpaceMobile, Inc. (the "Company") and its subsidiary AST & Science, LLC entered into an executive employment agreement (the "Employment Agreement") with Andrew M. Johnson, the Company's Executive Vice President, Chief Financial Officer and Chief Legal Officer. The Employment Agreement supersedes Mr. Johnson's prior employment agreement with the Company. The Employment Agreement has an initial term of three years beginning on October 14, 2026 and renews automatically for successive one-year…” |
| Sep 28, 2026 | 8-K | Director or executive officer change, or pay arrangement “On September 25, 2026, the Compensation Committee of the Board of Directors of AST SpaceMobile, Inc. (the "Company") adopted the Company's Senior Management Change of Control Severance Policy (the "COC Severance Policy"). The COC Severance Policy is intended to provide eligible employees of the Company with reasonable financial security in their employment and position with the Company, without distraction from uncertainties regarding their employment created by the possibility of a potential or actual change of…” |
| Aug 10, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 10, 2026 | 8-K | Quarterly results; Regulation FD disclosure |
| Jul 20, 2026 | 8-K | Entered a material agreement; New debt or off-balance-sheet obligation; Unregistered sale of shares; Other material event “Indenture and Notes On July 20, 2026, AST SpaceMobile, Inc. (the " Company ") completed its previously announced private offering (the " Offering ") of $1.0 billion aggregate principal amount of 1.625% Convertible Senior Notes due 2034 (the " Notes "). Pursuant to the purchase agreement between the Company and the initial purchasers of the Notes, the Company granted the initial purchasers an option to purchase, for settlement within the 13-day period beginning on, and including, July 20, 2026, up to an additional…” |
| Jul 15, 2026 | 8-K | Quarterly results; Regulation FD disclosure; Other material event “On July 15, 2026, the Company issued a press release relating to its proposed Notes Offering and its intention to enter into capped call transactions in connection therewith. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. Neither this Current Report on Form 8-K nor the press release filed as Exhibit 99.1 hereto constitute an offer to sell, or a solicitation of an offer to buy, any Notes nor will there be any sale of any Notes in any…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
ASTS suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Rakuten | “We have developed relationships with companies, such as Vodafone, Rakuten, AT&T, Verizon, Google, American Tower, STC, Bell Canada and others that have innovative technologies and products, skilled personnel, and potential end-user customers that complement our strategy.” |
| Customer | Alphabet (Google) (GOOGL) | “We have developed relationships with companies, such as Vodafone, Rakuten, AT&T, Verizon, Google, American Tower, STC, Bell Canada and others that have innovative technologies and products, skilled personnel, and potential end-user customers that complement our strategy.” |
| Partner | Verizon (VZ) | “"Verizon" collectively refers to Cellco Partnership, a Delaware general partnership doing business as Verizon Wireless, and its controlled and/or managed affiliates and Verizon Communications, Inc.” |
| Partner | AT&T (T) | “We have entered into a space-based wireless connectivity agreement with AT&T to provide SpaceMobile Service to AT&T's end users for use within the continental United States (excluding Alaska) and Hawaii.” |
| Partner | Vodafone Ventures | “On December 18, 2025, we entered into a reseller agreement with our jointly-owned European satellite service business with Vodafone ("SatCo") to exclusively distribute SpaceMobile Service to MNOs in Europe, UK and certain other markets.” |
| Partner | Ligado | “On January 5, 2025, AST LLC entered into a binding agreement (the "Strategic Collaboration Term Sheet") with Ligado LLC under which we will receive long-term access to up to 45 MHz of lower mid-band spectrum in the United States and Canada for direct-to-device satellite applications.” |
| Competitor | SpaceX | “We face competition from existing and new companies including SpaceX's Starlink, which is developing satellite communications technology using LEO constellations to provide competitive services in the direct-to-device segment of the mobile satellite services industry.” |
Quoted from the company's 10-K filed Mar 2, 2026.
ASTS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.45 | $-0.29 | −$0.16 | $46.0M | 6 |
| Next quarter (ends Dec 2026) | $-0.44 | $-0.29 | −$0.15 | $71.1M | 6 |
| Current fiscal year (ends Dec 2026) | $-2.29 | $-1.39 | −$0.91 | $167.2M | 8 |
| Next fiscal year (ends Dec 2027) | $-1.28 | $-0.69 | −$0.59 | $609.1M | 9 |
ASTS options: expected move
Options price a move of about ±16.4% (±$6.95) by Nov 13, 2026, which includes earnings on Nov 9, 2026; the earnings reaction alone is priced at about ±9.7%. Over the last 8 reports the stock moved ±9.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 1 | 96.7% | ±4.2% |
| Nov 6, 2026 | 8 | 84.8% | ±10.3% |
| Nov 13, 2026 | 15 | 100.0% | ±16.4% |
| Nov 20, 2026 | 22 | 101.6% | ±19.8% |
| Nov 27, 2026 | 29 | 91.5% | ±20.8% |
| Dec 4, 2026 | 36 | 89.8% | ±22.8% |
| Dec 11, 2026 | 43 | 90.4% | ±25.0% |
| Dec 18, 2026 | 50 | 91.0% | ±27.0% |
30-day implied volatility 94% vs 80.5% realized over the last 30 trading days. Put/call ratio (volume) 0.64. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 21:01 UTC)
| Price | USD 43.07 |
|---|---|
| Change | ▲ 1.82% (up) |
| Previous Close | USD 42.3 |
| Open | USD 41.7 |
| Day Range | USD 41.61 – 44.85 |
| 52-Week Range | USD 36.72 – 133.86 |
| Volume | 12,759,701 shares |
| Market Cap | $16.76B |
| Exchange | NMS |
Technical Analysis (ASTS)
Nexqual's technical model rates ASTS "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 21:01 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 39.57 (neutral) |
| vs SMA50 | Below (USD 55.5) |
| MACD | -4.8 (negative) |
Analyst Ratings (ASTS)
Wall Street analysts rate ASTS "Hold" based on 13 analysts, with a mean price target of USD 74.68 (range USD 42.5–108), per Nexqual as of October 29, 2026 at 21:01 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 74.68 |
| High Target | USD 108 |
| Low Target | USD 42.5 |
| Buy / Hold / Sell | 5 / 6 / 2 |
Earnings (ASTS)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.44 |
| Revenue Estimate | $46.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.77 vs est -0.33 ▼ miss |
| 2026-03-31 | USD -0.66 vs est -0.2 ▼ miss |
| 2025-12-31 | USD -0.26 vs est -0.2 ▼ miss |
| 2025-09-30 | USD -0.45 vs est -0.26 ▼ miss |
Source: Nexqual, October 29, 2026 at 21:01 UTC.
Financials & Fundamentals (ASTS)
| Total Revenue | $115.30M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2626.60% |
| Gross Margin | +38.91% |
| Operating Margin | -544.63% |
| Profit Margin | +0.00% |
| ROE | -45.62% |
| Debt / Equity | 1.25 |
| Current Ratio | 13.05 |
| Total Cash | $2.29B |
| Total Debt | $2.99B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$1.64B (-1420.7% of revenue) |
Source: Nexqual, October 29, 2026 at 21:01 UTC.
Financial Health Score (ASTS)
Nexqual rates AST SpaceMobile, Inc.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 21:01 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Mixed — $4.59B cash and investments vs $2.97B debt (Jun 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$1.64B (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -26%, ROA -10.6% (last 4 quarters, SEC) |
Ownership (ASTS)
| Insider Ownership | +8.01% |
|---|---|
| Institutional Ownership | +54.83% |
| Shares Outstanding | 299.79M |
| Float | 266.48M |
| Short % of Float | +22.04% |
Source: Nexqual, October 29, 2026 at 21:01 UTC.
Leadership (ASTS)
AST SpaceMobile, Inc. is led by Abel Avellan, Founder, Chairman & CEO, per Nexqual as of October 29, 2026 at 21:01 UTC.
| Founder, Chairman & CEO | Abel Avellan |
|---|---|
| President & Chief Strategy Officer | Scott Wisniewski |
| Executive VP, CFO, Chief Legal Officer & Director | Andrew Martin Johnson |
| Executive VP & COO | Shanti B. Gupta |
| Executive VP & CTO | Huiwen Yao |
Major Backers & Investors (ASTS)
Notable institutional backers of AST SpaceMobile, Inc. include Rakuten Group, Inc., Alphabet Inc., Morgan Stanley, according to Nexqual as of October 29, 2026 at 21:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Rakuten Group, Inc. | 5.17% |
| Alphabet Inc. | 2.98% |
| Morgan Stanley | 2.44% |
| UBS Group AG | 2.2% |
| Marex Group Ltd. | 2.07% |
| Vodafone Ventures Ltd | 1.83% |
| Tema ETF Trust-Tema Space Innovators ETF | 0.43% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.62% |
| BlackRock | 5.09% |
| State Street | 2.18% |
Source: Nexqual, October 29, 2026 at 21:01 UTC.
From AST SpaceMobile, Inc.'s Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe our large phased array design and custom ASIC chip together with our expansive and technologically diverse intellectual property portfolio consisting of approximately 3,850 patent and patent pending claims, including innovations in the direct-to-cell satellite ecosystem from space to Earth, provide significant technological advantages to provide superior coverage and deliver high speed Cellular Broadband versus other direct to device satellite services.
- We expect to continue testing for SpaceMobile Service automation including beta testing prior to rollout of initial noncontinuous SpaceMobile Service in select markets including the United States, Europe, Japan and other strategic markets.
- We currently plan to utilize the initial BB satellites to initiate a limited, noncontinuous SpaceMobile Service in targeted geographical markets, including in the United States.
- Our custom developed ASIC chip is expected to enable materially greater throughput capacity, including peak data rates of up to 120 Mbps per individual spot beam when utilizing 40 MHz of spectrum and two-way back haul capacity which could utilize up to 10,000 MHz of spectrum per satellite, require less power and offer a significantly lower overall unit cost.
Partnerships
- We have entered into a space-based wireless connectivity agreement with AT&T to provide SpaceMobile Service to AT&T's end users for use within the continental United States (excluding Alaska) and Hawaii.
- On December 18, 2025, we entered into a reseller agreement with our jointly-owned European satellite service business with Vodafone ("SatCo") to exclusively distribute SpaceMobile Service to MNOs in Europe, UK and certain other markets.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business is subject to extensive government regulation worldwide, which mandates how we may operate our business and may increase the cost of providing services and expansion into new markets.
- Our ability to provide service to our customers and generate revenues could be harmed by adverse governmental regulatory actions.
- Our ability to offer one or more services in important countries or regions of the world could be limited due to regulatory requirements or geopolitical events.
- We expect to provide the SpaceMobile Service in the U.S. and elsewhere on frequencies not regularly allocated for mobile-satellite service, which requires regulatory approval, and there can be no assurance that we will receive or be able to maintain such approval.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ZBRA | Zebra Technologies Corporation | USD 377.38 | ▼ 1.9% |
| VSAT | ViaSat, Inc. | USD 77.99 | ▼ 0.35% |
| VIAV | Viavi Solutions Inc. | USD 33.32 | ▼ 3.31% |
| ERIC | Ericsson | USD 11.14 | ▲ 0.63% |
| UI | Ubiquiti Inc. | USD 606.71 | ▲ 0.66% |
| AAOI | Applied Optoelectronics, Inc. | USD 79.19 | ▼ 3.69% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 21:01 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt