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 AST SpaceMobile in a report issued on Wednesday, March 5th. B. Riley analyst M. Crawford anticipates 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.

A number of other analysts have also recently issued reports on ASTS. UBS Group increased their price objective on shares of AST SpaceMobile from $31.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday. Cantor Fitzgerald restated an “overweight” rating and set a $30.00 target price on shares of AST SpaceMobile in a research report on Tuesday. Finally, Scotiabank upped their target price 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. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $42.98.

AST SpaceMobile Stock Up 18.1 %

Shares of ASTS stock opened at $33.80 on Thursday. AST SpaceMobile has a 12 month low of $1.97 and a 12 month high of $39.08. The stock has a market cap of $9.79 billion, a P/E ratio of -15.94 and a beta of 1.62. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of $24.57 and a two-hundred day simple moving average of $25.53.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors have recently made changes to their positions in the company. Hollencrest Capital Management bought a new stake in shares of AST SpaceMobile in the 3rd quarter worth about $26,000. Summit Securities Group LLC purchased a new position in AST SpaceMobile in the 4th quarter worth about $37,000. Bernard Wealth Management Corp. purchased a new position in AST SpaceMobile in the 4th quarter worth about $42,000. Golden State Wealth Management LLC purchased a new position in AST SpaceMobile in the 4th quarter worth about $46,000. Finally, CIBC Private Wealth Group LLC increased its stake in AST SpaceMobile by 106.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,372 shares of the company’s stock worth $53,000 after buying an additional 1,222 shares during the period. Institutional investors own 60.95% of the company’s stock.

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.