AST SpaceMobile, Inc. (ASTS)

NASDAQ: ASTS · IEX Real-Time Price · USD
2.900
+0.040 (1.40%)
Mar 28, 2024, 4:00 PM EDT - Market closed
1.40%
Market Cap 761.23M
Revenue (ttm) n/a
Net Income (ttm) -63.86M
Shares Out 250.64M
EPS (ttm) -0.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,957,744
Open 2.920
Previous Close 2.860
Day's Range 2.870 - 3.100
52-Week Range 2.590 - 7.100
Beta 0.88
Analysts Strong Buy
Price Target 15.00 (+417.24%)
Earnings Date May 13, 2024

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 2 analysts, the average rating for ASTS stock is "Strong Buy." The 12-month stock price forecast is $15.0, which is an increase of 417.24% from the latest price.

Price Target
$15.0
(417.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AST SpaceMobile ASIC Chip Enters Tape-Out Phase in Collaboration with TSMC

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

1 day ago - Business Wire

AST SpaceMobile to Provide Quarterly Business Update on April 1, 2024

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 days ago - Business Wire

AST SpaceMobile Updates Licensing Administration of its Satellite Constellation

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

16 days ago - Business Wire

AST SpaceMobile's Abel Avellan Appointed Commissioner to the ITU/UNESCO Broadband Commission

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

5 weeks ago - Business Wire

AST SpaceMobile Announces Participation in Upcoming Conferences

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

5 weeks ago - Business Wire

AST SpaceMobile Announces New Contract Award with United States Government Through Prime Contractor

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

7 weeks ago - Business Wire

AST SpaceMobile CEO Publishes Letter to Shareholders

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

2 months ago - Business Wire

AST SpaceMobile, Inc. Announces Pricing of $100,000,000 Public Offering of Class A Common Stock

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing of its previously announced public offering of its Class A common...

2 months ago - Business Wire

AST SpaceMobile to Offer $100 Million in Stock After AT&T, Google Deal

Shares jumped after news of the AT&T and Google investments, then reversed course after the company launched the offering.

2 months ago - WSJ

AST SpaceMobile, Inc. Announces Launch of Offering of $100,000,000 of Class A Common Stock

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of $100,000,000 of its Class A common stock, ...

2 months ago - Business Wire

AST SpaceMobile Secures Strategic Investment From AT&T, Google and Vodafone

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

2 months ago - Business Wire

AST SpaceMobile Provides Interim Update on Fundraising

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

3 months ago - Business Wire

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...

4 months 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...

5 months 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...

6 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...

8 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...

8 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
8 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...

9 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...

9 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...

9 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...

10 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...

10 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...

10 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...

10 months ago - PRNewsWire