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Here's Why AST SpaceMobile, Inc. (ASTS) Fell More Than Broader Market
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In the latest close session, AST SpaceMobile, Inc. (ASTS - Free Report) was down 3.64% at $68.31. This change lagged the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 1.13%, and the tech-heavy Nasdaq lost 0.19%.
Coming into today, shares of the company had lost 23.46% in the past month. In that same time, the Computer and Technology sector gained 18.71%, while the S&P 500 gained 10.02%.
Investors will be eagerly watching for the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 11, 2026. The company is forecasted to report an EPS of -$0.23, showcasing a 15% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $38.24 million, up 5210.56% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.99 per share and a revenue of $179.42 million, demonstrating changes of +26.12% and +152.99%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AST SpaceMobile, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.19% higher. Currently, AST SpaceMobile, Inc. is carrying a Zacks Rank of #3 (Hold).
The Wireless Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Here's Why AST SpaceMobile, Inc. (ASTS) Fell More Than Broader Market
In the latest close session, AST SpaceMobile, Inc. (ASTS - Free Report) was down 3.64% at $68.31. This change lagged the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 1.13%, and the tech-heavy Nasdaq lost 0.19%.
Coming into today, shares of the company had lost 23.46% in the past month. In that same time, the Computer and Technology sector gained 18.71%, while the S&P 500 gained 10.02%.
Investors will be eagerly watching for the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 11, 2026. The company is forecasted to report an EPS of -$0.23, showcasing a 15% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $38.24 million, up 5210.56% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of -$0.99 per share and a revenue of $179.42 million, demonstrating changes of +26.12% and +152.99%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AST SpaceMobile, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.19% higher. Currently, AST SpaceMobile, Inc. is carrying a Zacks Rank of #3 (Hold).
The Wireless Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 169, putting it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.