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ASTS · Analysis updated Nov 6, 2026, 11:48 AM ET
Why is AST SpaceMobile (ASTS) stock moving?
ASTS is in a sharp, heavy-volume selloff. It fell about 15% to $30.20 on Nov 5, on roughly 33.8M shares against about 13-18M normally. That was despite a U.S. Space Force contract win. Over the past week it is down about 28%, and over the past month about 50%. It sits about 77% below its May high of $133.86 and below all major moving averages. It touched a low near $27.58 on Nov 6 before bouncing about 3.7% to around $31.3. Fundamentals are mixed. Revenue is growing, but the business burns cash. It has missed EPS estimates in each of the last four quarters, and commercial service revenue is still unproven. Positives include Brazil regulatory authorization with four operator deals, and consensus targets of about $81 that sit well above the price. The Firefly engine commitment of over $1.3B for a heavy-lift rocket adds to the capital needs. Q3 results are due after the close on Nov 9. Consensus is $45.73M revenue and a $0.42 loss per share. Launch timing, funding and revenue guidance will drive the reaction. Beta is near 2.9, so large moves in either direction are likely. The selling has been decisive, but the stock is oversold and today's early bounce is small.
News behind the analysis
- AST SpaceMobile stock falls amid dominant sellers and persistent technical weaknessASTS dropped about 15% to $30.2 on heavy selling despite a new U.S. Space Force contract. It trades below its 20-, 50- and 200-day moving averages.
- SpaceX vs. Rocket Lab vs. AST SpaceMobile: 3 Space Stocks ComparedThe Fool notes ASTS reported $31.5M in Q2 revenue and no recognized revenue from its cellular service. It says the company burns cash heavily and ranks it third of the three. The stock rebounded about 3.7% to roughly $31.3 on Nov 6.
- Should You Buy, Sell or Hold ASTS Stock Ahead of Q3 Earnings?Zacks sees satellite launches, partnerships and government contracts supporting growth, but high costs and execution risks weigh. It puts consensus at $44.4M revenue and a 41-cent loss per share.
- AST SpaceMobile (ASTS) Projected to Announce Quarterly Earnings on MondayQ3 results are due after the close on Nov 9. Analysts expect a $0.42 loss per share on $45.73M revenue, versus $31.52M last quarter.
- AST SpaceMobile's Brazil Breakthrough Could Set the Stage for a Q3 Stock ReboundThe company received Anatel authorization in Brazil and signed deals with four regional operators. Consensus is Hold, with a price target implying over 120% upside, and high short interest is a risk.
- ASTS Q3'26 Earnings: revenue estimate is 45.73M USDThe table shows ASTS missed EPS estimates in each of the last four reported quarters. Revenue surprises were mixed.
- AST SpaceMobile (ASTS) Stock Price, News & AnalysisAs of Nov 4, the stock was down 51% year to date at $35.62. Consensus rating is Hold with an $80.67 target.
- AST SpaceMobile Stock Price and ChartTradingView shows a 1-week drop of 27.6% and a 1-month drop of 49.7%. The page also cites a Firefly Aerospace engine deal worth over $1.3B for a planned heavy-lift rocket.