AST SpaceMobile Inc (NASDAQ:ASTS) price on Thursday, May 01, fall -0.82% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $23.02.
A look at the stock’s price movement, the close in the last trading session was $23.21, moving within a range at $22.83 and $23.85. The beta value (5-Year monthly) was 1.808. Turning to its 52-week performance, $39.08 and $2.12 were the 52-week high and 52-week low respectively. Overall, ASTS moved 5.35% over the past month.
AST SpaceMobile Inc’s market cap currently stands at around $7.55 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Analysts have a consensus estimate of 4.06M for the company’s revenue for the quarter, with a low and high estimate of 3M and 5M respectively. The average forecast suggests up to a 712.50% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 50.59M, representing a 1,045.03% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ASTS is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend ASTS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ASTS’s current price about 1.83% and -9.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.65, while 7-day volatility ratio is 5.49% and 9.95% in the 30-day chart. Further, AST SpaceMobile Inc (ASTS) has a beta value of 2.04, and an average true range (ATR) of 2.09. Analysts have given the company’s stock an average 52-week price target of $47.9, forecast between a low of $47.9 and high of $47.9. Looking at the price targets, the low is -108.08% off current price level while to achieve the yearly target high, price needs to move -108.08%. Nonetheless, investors will most likely welcome a -108.08% jump to $47.9 which is the analysts’ median price.
If we refocus on AST SpaceMobile Inc (NASDAQ:ASTS), historical trading data shows that trading volumes averaged 6.56 over the past 10 days and 11.57 million over the past 3 months. The company’s latest data on shares outstanding shows there are 208.17 million shares.
The 27.81% of AST SpaceMobile Inc’s shares are in the hands of company insiders while institutional holders own 33.55% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 43.36 million on 2025-04-15, giving us a short ratio of 4.84. The data shows that as of 2025-04-15 short interest in AST SpaceMobile Inc (ASTS) stood at 1948.9999 of shares outstanding, with shares short falling to 47.49 million registered in 2025-03-14. Current price change has pushed the stock 9.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ASTS stock continues to rise going into the next quarter.
