In the latest trading session,, 7.09 million AST SpaceMobile Inc (NASDAQ:ASTS) shares changed hands as the company’s beta touched 2.06. With the company’s most recent per share price at $24.67 changed hands at -$1.99 or -7.46% at last look, the market valuation stands at $8.10B. ASTS’s current price is a discount, trading about -58.41% off its 52-week high of $39.08. The share price had its 52-week low at $4.00, which suggests the last value was 83.79% up since then.
Analysts gave the AST SpaceMobile Inc (ASTS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.38. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ASTS as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. AST SpaceMobile Inc’s EPS for the current quarter is expected to be -0.16.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
Instantly ASTS was in red as seen in intraday trades today. With action -9.17%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 16.92%, with the 5-day performance at -9.17% in the red. However, in the 30-day time frame, AST SpaceMobile Inc (NASDAQ:ASTS) is 5.47% up.
The consensus price target for the stock as assigned by Wall Street analysts is 47.9, meaning bulls need an upside of 48.5% from its recent market value. According to analyst projections, ASTS’s forecast low is 47.9 with 47.9 as the target high. To hit the forecast high, the stock’s price needs a -94.16% plunge from its current level, while the stock would need to soar -94.16% for it to hit the projected low.
AST SpaceMobile Inc (ASTS) estimates and forecasts
Year-over-year growth is forecast to reach 1,305.49% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 6.37M. 5 analysts are of the opinion that AST SpaceMobile Inc’s revenue for the current quarter will be 21.12M. The company’s revenue for the corresponding quarters a year ago was 900k and 1.1M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 607.78%. The estimates for the next quarter sales put growth at 1,820.23%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -80.92%. The 2025 estimates are for AST SpaceMobile Inc earnings to increase by 51.80%.
ASTS Dividends
AST SpaceMobile Inc is expected to release its next quarterly earnings report in June.
JANUS HENDERSON GROUP PLC holds the second largest percentage of outstanding shares, with 5.2802% or 7.45 million shares worth $86.55 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 4.73 shares estimated at $115.67 million under it, the former controlled 1.98% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.60% of the shares, roughly 3.83 shares worth around $93.57 million.
