Q3 Earnings Forecast for AST SpaceMobile Issued By B. Riley

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Equities researchers at B. Riley upped their Q3 2025 earnings per share estimates for AST SpaceMobile in a note issued to investors on Monday, September 29th. B. Riley analyst M. Crawford now expects that the company will post earnings per share of ($0.11) for the quarter, up from their prior forecast of ($0.12). B. Riley has a “Buy” rating and a $44.00 price objective on the stock. 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 FY2026 earnings at ($0.39) EPS.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings data on Monday, August 11th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.22). The firm had revenue of $1.16 million during the quarter, compared to analysts’ expectations of $6.37 million. AST SpaceMobile had a negative return on equity of 26.81% and a negative net margin of 7,213.90%.

Other research analysts also recently issued reports about the stock. UBS Group downgraded shares of AST SpaceMobile from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $62.00 to $43.00 in a research note on Tuesday, September 9th. Barclays lifted their target price on shares of AST SpaceMobile from $37.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday. Bank of America began coverage on shares of AST SpaceMobile in a research report on Wednesday, June 25th. They set a “neutral” rating and a $55.00 price target for the company. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Monday, August 18th. Finally, William Blair began coverage on AST SpaceMobile in a research note on Thursday, August 21st. They issued a “market perform” rating for the company. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $45.27.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $66.16 on Wednesday. The company has a market capitalization of $23.72 billion, a price-to-earnings ratio of -35.01 and a beta of 2.41. The business has a 50 day moving average of $47.94 and a 200 day moving average of $37.89. The company has a debt-to-equity ratio of 0.42, a current ratio of 8.23 and a quick ratio of 8.23. AST SpaceMobile has a 1-year low of $17.50 and a 1-year high of $66.83.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp purchased a new stake in shares of AST SpaceMobile in the 2nd quarter worth about $28,000. Binnacle Investments Inc bought a new position in AST SpaceMobile in the second quarter worth about $33,000. Chapman Financial Group LLC purchased a new stake in AST SpaceMobile in the second quarter worth about $38,000. Spire Wealth Management bought a new stake in AST SpaceMobile during the 2nd quarter valued at approximately $45,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of AST SpaceMobile during the 2nd quarter worth approximately $47,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $40.58, for a total transaction of $1,623,200.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at approximately $192,755. The trade was a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrew Martin Johnson sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $52.48, for a total value of $1,049,600.00. Following the transaction, the chief financial officer owned 397,485 shares of the company’s stock, valued at approximately $20,860,012.80. This represents a 4.79% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 34.15% 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.