<div id="readability-page-1"><p>Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) have received a consensus recommendation of &#34;Reduce&#34; from the eleven analysts that are  covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned  a buy rating to  the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $79.45.</p><div><p><span></span><span>Get <strong>AST SpaceMobile</strong> alerts:</span></p></div><ul><li>AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?</li></ul><p>ASTS has been the subject of several recent analyst reports. Barclays raised their price objective on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an &#34;underweight&#34; rating in a research report on Thursday, April 9th. Wall Street Zen lowered shares of AST SpaceMobile from a &#34;sell&#34; rating to a &#34;strong sell&#34; rating in a report on Wednesday, April 15th. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft  set a $117.00 price target on shares of AST SpaceMobile in a research report on Wednesday, April 15th. Finally, UBS Group decreased their price objective on AST SpaceMobile from $85.00 to $80.00 and set a &#34;neutral&#34; rating on the stock in a report on Tuesday.</p><p><b>View Our Latest Research Report on AST SpaceMobile</b></p><h2>More AST SpaceMobile News</h2><ul><li>Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30%</li></ul><p>Here are the key news stories impacting AST SpaceMobile this week:</p><ul>   <li><span>Positive Sentiment: </span>AT&amp;T, T-Mobile, and Verizon announced a satellite-focused wireless joint venture, reinforcing investor confidence in AST SpaceMobile’s direct-to-smartphone network strategy. <i></i><span>Spooked By Musk's SpaceX, Big Three Wireless Firms Forge Satellite-To-Phone Joint Venture</span></li>   <li><span>Positive Sentiment: </span>AST SpaceMobile publicly welcomed the carriers’ proposed direct-to-device collaboration, signaling the company sees the move as supportive of its market thesis and future partnerships. <i></i><span>AST SpaceMobile Commends Proposed Direct-to-Device Joint Venture by U.S. Mobile Network Operators</span></li>   <li><span>Neutral Sentiment: </span>New Street Research began coverage of the space economy, including AST SpaceMobile among the companies it is tracking, adding more attention to the stock but not providing a clear directional catalyst. <i></i><span>New Street Research Launches Space Economy and Infrastructure Coverage</span></li>   <li><span>Neutral Sentiment: </span>Analyst commentary remains mixed following ASTS’s recent earnings miss, with some articles highlighting execution and competition risks even as partnership momentum improves. <i></i><span>Analysts’ Opinions Are Mixed on These Technology Stocks</span></li>   <li><span>Negative Sentiment: </span>Director Julio A. Torres sold 15,000 shares, a transaction that may be viewed as a modest insider confidence signal against the stock. <i></i><span>Julio A. Torres insider transaction</span></li> </ul><h2>Insider Buying and Selling at AST SpaceMobile</h2><p>In other news, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total transaction of $116,397,000.00. Following the completion of the transaction, the insider directly owned 27,980,155 shares in the company, valued at approximately $2,412,448,964.10. This represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Julio A. Torres sold 15,000 shares of the firm's stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total value of $1,145,100.00. Following the sale, the director directly owned 43,239 shares of the company's stock, valued at $3,300,865.26. The trade was a 25.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,095,000 shares of company stock worth $275,597,100 over the last quarter. 20.89% of the stock is currently owned by company insiders. </p><h2>Institutional Inflows and Outflows</h2><ul><li>AST SpaceMobile Gets FCC Green Light for Direct-to-Device Service After Launch Setback</li></ul><p>Hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in shares of  AST SpaceMobile by 11.8% in the 1st quarter. AQR Capital Management LLC now owns 34,548 shares of the company's stock valued at $786,000 after acquiring an additional 3,642 shares during the period.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of  AST SpaceMobile by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company's stock worth $1,814,000 after purchasing an additional 3,515 shares during the period.  Millennium Management LLC boosted its position in shares of  AST SpaceMobile by 16.1% during the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company's stock worth $10,634,000 after purchasing an additional 64,989 shares during the period.  UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in  AST SpaceMobile by 18.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company's stock valued at $7,405,000 after purchasing an additional 49,811 shares during the last quarter.  Finally, Strs Ohio acquired a new stake in  AST SpaceMobile in the 1st quarter valued at approximately $168,000. Hedge funds and other institutional investors own  60.95% of the company's stock. </p><h2>AST SpaceMobile Stock Performance</h2><p>NASDAQ ASTS opened at $83.01 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 16.27 and a current ratio of 18.47. The stock's fifty day moving average is $85.08 and its two-hundred day moving average is $82.95. The firm has a market capitalization of $31.71 billion, a P/E ratio of -46.63 and a beta of 2.60. AST SpaceMobile has a fifty-two week low of $22.47 and a fifty-two week high of $129.89. </p><p>AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.43). The company had revenue of $14.74 million for the quarter, compared to analysts' expectations of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The firm's revenue was up 1952.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.20) EPS.  On average, research analysts anticipate that  AST SpaceMobile will post -1.47 earnings per share for the current year. </p><h2>About AST SpaceMobile</h2> (Get Free Report)<p>AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company's core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.  </p><p>AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than AST SpaceMobile</li><li>YETI Rallies After Earnings Beat and Raised Outlook</li><li>How the 3 Leading Quantum Firms Stack Up After Q1 Earnings</li><li>Cisco’s Vertical Rally May Still Be in the Early Innings</li><li>Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVNUUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVNUUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AST SpaceMobile Right Now?</h2><p>Before you consider AST SpaceMobile, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AST SpaceMobile wasn't on the list.</p><p>While AST SpaceMobile currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SpaceX is accelerating its Nasdaq listing process, with an expected debut as early as June 12th. The IPO is projected to raise over $80 billion, aiming to be the largest in global capital market history. To pave the way for the listing, SpaceX will implement a 5-for-1 stock split to lower the barrier to entry for investors, and Elon Musk has explicitly pledged not to reduce his holdings. The funds raised will primarily be used for the Starship project and the construction of a low-Earth orbit data center. Financial details of the xAI business, recently incorporated into SpaceX, will also be disclosed for the first time in the prospectus. Wall Street generally believes that the current US stock market has sufficient liquidity to absorb this "super asset" that combines AI and cutting-edge technology. What are your thoughts? Let's discuss!

<p>SpaceX is accelerating its Nasdaq listing process, with an expected debut as early as June 12th. The IPO is projected to raise over $80 billion, aiming to be the largest in global capital market history. To pave the way for the listing, SpaceX will implement a 5-for-1 stock split to lower the barrier to entry for investors, and Elon Musk has explicitly pledged not to reduce his holdings. The funds raised will primarily be used for the Starship project and the construction of a low-Earth orbit data center. Financial details of the xAI business, recently incorporated into SpaceX, will also be disclosed for the first time in the prospectus. Wall Street generally believes that the current US stock market has sufficient liquidity to absorb this "super asset" that combines AI and cutting-edge technology. What are your thoughts? Let's discuss!</p>

SpaceX's target launch date: June 12th

ASTS

ASTX

<p>AST SpaceMobile, Inc. (NASDAQ:ASTS) has received a consensus recommendation of 'Reduce' from analysts, with three sell ratings, six holds, and two buys. The average price target is $79.45. Recent analyst reports show mixed sentiments, with Barclays raising its target to $65.00 and UBS lowering it to $80.00. Insider selling has also been noted, with significant shares sold by major shareholders. Overall, the stock faces execution and competition risks despite some positive developments in partnerships.</p>

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AST SpaceMobile, Inc. (NASDAQ:ASTS) Receives Average Rating of "Reduce" from Analysts