AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) – Investment analysts at B. Riley issued their Q1 2025 EPS estimates for shares of AST SpaceMobile in a report released on Wednesday, March 5th. B. Riley analyst M. Crawford forecasts that the company will post earnings per share of ($0.08) for the quarter. 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 Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.06) EPS and Q4 2025 earnings at ($0.05) EPS.
Several other equities research analysts have also recently commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $30.00 price target on shares of AST SpaceMobile in a research report on Tuesday. Scotiabank lifted their price target on shares of AST SpaceMobile from $40.20 to $47.90 and gave the stock a “sector outperform” rating in a research report on Wednesday. Finally, UBS Group lifted their price target on shares of AST SpaceMobile from $31.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $42.98.
AST SpaceMobile Stock Down 4.8 %
Shares of NASDAQ:ASTS opened at $32.18 on Thursday. AST SpaceMobile has a one year low of $1.97 and a one year high of $39.08. The company has a 50 day moving average of $24.72 and a 200-day moving average of $25.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.80 and a quick ratio of 5.80. The stock has a market cap of $9.32 billion, a price-to-earnings ratio of -15.18 and a beta of 1.62.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Amalgamated Bank boosted its stake in AST SpaceMobile by 17.4% during the 3rd quarter. Amalgamated Bank now owns 4,578 shares of the company’s stock worth $120,000 after acquiring an additional 679 shares during the last quarter. Xponance Inc. lifted its stake in AST SpaceMobile by 8.7% in the fourth quarter. Xponance Inc. now owns 9,676 shares of the company’s stock valued at $204,000 after buying an additional 772 shares in the last quarter. Hollencrest Capital Management bought a new position in AST SpaceMobile in the third quarter valued at approximately $26,000. CIBC Private Wealth Group LLC lifted its stake in AST SpaceMobile by 106.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,372 shares of the company’s stock valued at $53,000 after buying an additional 1,222 shares in the last quarter. Finally, Americana Partners LLC lifted its stake in AST SpaceMobile by 5.2% in the fourth quarter. Americana Partners LLC now owns 27,047 shares of the company’s stock valued at $571,000 after buying an additional 1,326 shares in the last quarter. Institutional investors own 60.95% 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.
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