AST SpaceMobile Inc’s (NASDAQ:ASTS) Forecasted Growth Is -99.0% Or More

In last trading session, AST SpaceMobile Inc (NASDAQ:ASTS) saw 9.83 million shares changing hands with its beta currently measuring 2.03. Company’s recent per share price level of $24.07 trading at $1.65 or 7.36% at ring of the bell on the day assigns it a market valuation of $7.62B. That closing price of ASTS’s stock is at a discount of -62.36% from its 52-week high price of $39.08 and is indicating a premium of 91.28% from its 52-week low price of $2.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.02 million shares which gives us an average trading volume of 11.96 million if we extend that period to 3-months.

For AST SpaceMobile Inc (ASTS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.14. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.

AST SpaceMobile Inc (NASDAQ:ASTS) trade information

Upright in the green during last session for gaining 7.36%, in the last five days ASTS remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $24.07 price level, adding 2.87% to its value on the day. AST SpaceMobile Inc’s shares saw a change of 14.08% in year-to-date performance and have moved 7.50% in past 5-day. AST SpaceMobile Inc (NASDAQ:ASTS) showed a performance of -15.69% in past 30-days. Number of shares sold short was 48.42 million shares which calculate 4.15 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 47.9 to the stock, which implies a rise of 49.75% to its current value. Analysts have been projecting 47.9 as a low price target for the stock while placing it at a high target of 47.9. It follows that stock’s current price would drop -99.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -99.0% for stock’s current value.

AST SpaceMobile Inc (ASTS) estimates and forecasts

This year revenue growth is estimated to rise 1,045.03% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.06M for the same. And 4 analysts are in estimates of company making revenue of 8.79M in the next quarter. Company posted 500k and 900k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -80.92% during past 5 years.

AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders

Insiders are in possession of 23.86% of company’s total shares while institution are holding 34.03 percent of that, with stock having share float percentage of 44.70%. Investors also watch the number of corporate investors in a company very closely, which is 34.03% institutions for AST SpaceMobile Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ASTS for having 8.57 million shares of worth $99.52 million. And as of 2024-06-30, it was holding 6.0715 of the company’s outstanding shares.

The second largest institutional holder is JANUS HENDERSON GROUP PLC, which was holding about 7.45 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2802 of outstanding shares, having a total worth of $86.55 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.73 shares of worth $113.83 million or 2.00% of the total outstanding shares. The later fund manager was in possession of 3.83 shares on Dec 31, 2024 , making its stake of worth around $92.08 million in the company or a holder of 1.62% of company’s stock.