Cantor Fitzgerald Weighs in on AST SpaceMobile FY2026 Earnings

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for AST SpaceMobile in a report released on Monday, June 9th. Cantor Fitzgerald analyst C. Canfield forecasts that the company will earn ($0.96) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $30.00 price objective on the stock. The consensus estimate for AST SpaceMobile’s current full-year earnings is ($0.40) per share.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.03). The business had revenue of $0.72 million for the quarter, compared to the consensus estimate of $3.85 million.

A number of other brokerages have also recently commented on ASTS. UBS Group increased their target price on shares of AST SpaceMobile from $31.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Scotiabank reduced their target price on shares of AST SpaceMobile from $47.90 to $45.40 and set a “sector outperform” rating for the company in a research report on Tuesday, May 13th. Oppenheimer assumed coverage on shares of AST SpaceMobile in a research report on Monday, May 5th. They issued a “market perform” rating for the company. Finally, Roth Capital assumed coverage on shares of AST SpaceMobile in a report on Thursday, April 10th. They issued a “buy” rating and a $42.00 price objective for the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.40.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $35.71 on Tuesday. The company has a fifty day moving average of $24.74 and a two-hundred day moving average of $24.78. The stock has a market capitalization of $11.30 billion, a PE ratio of -16.84 and a beta of 2.02. The company has a debt-to-equity ratio of 0.31, a quick ratio of 5.80 and a current ratio of 5.80. AST SpaceMobile has a fifty-two week low of $8.35 and a fifty-two week high of $39.08.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ASTS. Rakuten Group Inc. purchased a new position in AST SpaceMobile during the first quarter worth about $705,398,000. Alphabet Inc. purchased a new position in AST SpaceMobile during the first quarter worth about $203,375,000. Vanguard Group Inc. boosted its stake in AST SpaceMobile by 49.4% during the fourth quarter. Vanguard Group Inc. now owns 14,987,351 shares of the company’s stock worth $316,233,000 after buying an additional 4,955,941 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in AST SpaceMobile during the fourth quarter worth about $59,523,000. Finally, Jump Financial LLC purchased a new position in AST SpaceMobile during the first quarter worth about $14,750,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, COO Shanti B. Gupta sold 15,000 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $36.08, for a total transaction of $541,200.00. Following the completion of the transaction, the chief operating officer now owns 315,667 shares of the company’s stock, valued at $11,389,265.36. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Huiwen Yao sold 4,250 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $34.60, for a total transaction of $147,050.00. Following the transaction, the chief technology officer now directly owns 20,750 shares of the company’s stock, valued at approximately $717,950. This trade represents a 17.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 174,250 shares of company stock valued at $5,728,350. 34.15% of the stock is owned by company insiders.

AST SpaceMobile Company Profile

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.