AST SpaceMobile, Inc. (ASTS)

NASDAQ: ASTS · IEX Real-Time Price · USD
5.11
+0.01 (0.20%)
At close: Dec 7, 2023, 4:00 PM
5.15
+0.04 (0.78%)
After-hours: Dec 7, 2023, 5:36 PM EST
0.20%
Market Cap 1.10B
Revenue (ttm) n/a
Net Income (ttm) -63.86M
Shares Out 89.47M
EPS (ttm) -0.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,008,577
Open 5.12
Previous Close 5.10
Day's Range 4.98 - 5.13
52-Week Range 2.73 - 7.14
Beta 0.83
Analysts Strong Buy
Price Target 23.00 (+350.1%)
Earnings Date Nov 14, 2023

About ASTS

AST SpaceMobile, Inc., together with its subsidiaries, operates space-based cellular broadband network for mobile phones in the United States. Its SpaceMobile service provides mobile broadband services to end-users who are out of terrestrial cellular coverage. AST SpaceMobile, Inc. was founded in 2017 and is based in Midland, Texas. [Read more]

Founded 2019
Employees 342
Stock Exchange NASDAQ
Ticker Symbol ASTS
Full Company Profile

Financial Performance

In 2022, ASTS's revenue was $13.83 million, an increase of 11.45% compared to the previous year's $12.41 million. Losses were -$31.64 million, 3.56% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ASTS stock is "Strong Buy" and the 12-month stock price forecast is $23.0.

Price Target
$23.0
(350.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AST SpaceMobile Provides Third Quarter 2023 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

23 days ago - Business Wire

AST SpaceMobile to Provide Quarterly Business Update on November 14, 2023 and Provides Preliminary Financial Results for Third Quarter 2023

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

6 weeks ago - Business Wire

AST SpaceMobile Achieves Space-Based 5G Cellular Broadband Connectivity From Everyday Smartphones, Another Historic World First

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

2 months ago - Business Wire

AST SpaceMobile Provides Second Quarter 2023 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

4 months ago - Business Wire

AST SpaceMobile to Provide Quarterly Business Update on August 14, 2023 and Provides Preliminary Financial Results for Second Quarter 2023

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

4 months ago - Business Wire

Investing in Space: What to watch for in Q2 earnings reports

As Wall Street works its way through second-quarter earnings reports, investors are getting a closer look at first-half performance from the space sector.

Other symbols: RDWRKLBSATSSPCETSAT
4 months ago - CNBC

ASTS ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , June 29, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased AST SpaceMobile Inc.  (f/k/a New Providence Acquisi...

5 months ago - PRNewsWire

AST SpaceMobile, Inc. Announces Pricing of Upsized Offering of Class A Common Stock

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing and upsizing of its previously announced public...

5 months ago - Business Wire

AST SpaceMobile, Inc. Announces Launch of Offering of Class A Common Stock

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of 12,000,000 shares of its...

5 months ago - Business Wire

AST SpaceMobile ($ASTS) Sets New Milestone in Space-Based Cellular Communications

AST SpaceMobile (NASDAQ: ASTS), the company building the first space-based cellular broadband network accessible directly by standard mobile phones, has announced that the company successfully conduct...

6 months ago - Green Stock News

AST SpaceMobile Confirms 4G Capabilities to Everyday Smartphones Directly From Space

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile...

6 months ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of AST SpaceMobile, Inc. and Encourages Long-Term ASTS / NPA Shareholders to Contact the Firm

PHILADELPHIA , June 15, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AST SpaceMobile, Inc. (NASDAQ: ASTS) ("AST SpaceMobile") on behalf of the company's long-term shareholde...

6 months ago - PRNewsWire

ASTS SHAREHOLDER ALERT: Jakubowitz Law Notifies Investors of an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , May 26, 2023 /PRNewswire/ -- Jakubowitz Law announces that a merger investigation has commenced on behalf of shareholders of AST SpaceMobile Inc. (f/k/a New Providence Acquisition Corp.) (N...

6 months ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AST SpaceMobile Inc. (f/k/a New Providence Acquisition Corp.) (NASDAQ: ASTS). The Gross Law Fi...

7 months ago - PRNewsWire

ASTS ALERT: The Klein Law Firm Investigates the Fairness AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , May 23, 2023 /PRNewswire/ -- The Klein Law Firm makes the following announcement to persons or entities who purchased AST SpaceMobile Inc.  (f/k/a New Providence Acquisition Corp.) ("ASTS" ...

7 months ago - PRNewsWire

AST SpaceMobile Set to Join the Russell 2000® and Russell 3000® Indexes

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

7 months ago - Business Wire

MERGER INVESTIGATION ALERT: The Law Offices of Vincent Wong Notify Investors of an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , May 22, 2023 /PRNewswire/ -- Attention AST SpaceMobile Inc.  (f/k/a New Providence Acquisition Corp.) ("ASTS" or the "Company") (NASDAQ: ASTS) shareholders: The Law Offices of Vincent Wong ...

7 months ago - PRNewsWire

AST SpaceMobile Provides First Quarter 2023 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

7 months ago - Business Wire

AST SpaceMobile to Provide Quarterly Business Update on May 15, 2023 and Provides Preliminary Financial Results for First Quarter 2023

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

8 months ago - Business Wire

AST SpaceMobile ($ASTS) Makes History with First Space Based Voice Call from Unmodified Smartphone

AST SpaceMobile (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network, has announced a groundbreaking achievement in the realm of space-based cellular broadban...

8 months ago - Green Stock News

AST SpaceMobile Makes History in Cellular Connectivity, Completing the First-Ever Space-Based Voice Call Using Everyday Unmodified Smartphones

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

8 months ago - Business Wire

AST SpaceMobile Provides Fourth Quarter and Full Year 2022 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible d...

8 months ago - Business Wire

AST SpaceMobile to Provide Quarterly Business Update on March 31, 2023

MIDLAND, Texas.--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, to...

9 months ago - Business Wire

AST SpaceMobile Announces Collaboration with Saudi Telcom Company

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard ...

9 months ago - Business Wire

AST SpaceMobile Announces Teaming Agreement with Fairwinds Technologies

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard m...

9 months ago - Business Wire