Q1 Earnings Forecast for AST SpaceMobile Issued By B. Riley

AST SpaceMobile, Inc. (NASDAQ:ASTS) – Equities research analysts at B. Riley issued their Q1 2025 earnings estimates for shares of AST SpaceMobile in a research note issued to investors on Wednesday, March 5th. B. Riley analyst M. Crawford forecasts that the company will earn ($0.08) per share 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.

ASTS has been the topic of a number of other research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $30.00 price target on shares of AST SpaceMobile in a report on Tuesday. UBS Group increased their price target on shares of AST SpaceMobile from $31.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Scotiabank increased their price target on shares of AST SpaceMobile from $40.20 to $47.90 and gave the stock a “sector outperform” rating in a report on Wednesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $42.98.

AST SpaceMobile Stock Performance

NASDAQ ASTS opened at $33.80 on Thursday. AST SpaceMobile has a 1 year low of $1.97 and a 1 year high of $39.08. 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 capitalization of $9.79 billion, a PE ratio of -15.94 and a beta of 1.62. The company’s 50 day simple moving average is $24.57 and its two-hundred day simple moving average is $25.53.

Institutional Investors Weigh In On AST SpaceMobile

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in AST SpaceMobile by 49.4% during the 4th quarter. Vanguard Group Inc. now owns 14,987,351 shares of the company’s stock valued at $316,233,000 after acquiring an additional 4,955,941 shares during the period. Geode Capital Management LLC lifted its position in AST SpaceMobile by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 3,496,825 shares of the company’s stock valued at $73,801,000 after acquiring an additional 229,759 shares during the period. State Street Corp lifted its position in AST SpaceMobile by 14.8% during the 3rd quarter. State Street Corp now owns 3,091,577 shares of the company’s stock valued at $80,845,000 after acquiring an additional 399,713 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in AST SpaceMobile during the 4th quarter valued at about $59,523,000. Finally, Charles Schwab Investment Management Inc. lifted its position in AST SpaceMobile by 11.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,266,713 shares of the company’s stock valued at $26,728,000 after acquiring an additional 135,008 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.