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Why the Market Dipped But AST SpaceMobile, Inc. (ASTS) Gained Today
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AST SpaceMobile, Inc. (ASTS - Free Report) closed at $43.07 in the latest trading session, marking a +1.82% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
The company's shares have seen a decrease of 28.14% over the last month, not keeping up with the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
Analysts and investors alike will be keeping a close eye on the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on November 9, 2026. It is anticipated that the company will report an EPS of -$0.41, marking a 8.89% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $44.47 million, reflecting a 201.7% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.4 per share and a revenue of $159.82 million, representing changes of -79.1% and +125.36%, respectively, from the prior year.
Any recent changes to analyst estimates for AST SpaceMobile, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.15% higher. Right now, AST SpaceMobile, Inc. possesses 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 89, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Why the Market Dipped But AST SpaceMobile, Inc. (ASTS) Gained Today
AST SpaceMobile, Inc. (ASTS - Free Report) closed at $43.07 in the latest trading session, marking a +1.82% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
The company's shares have seen a decrease of 28.14% over the last month, not keeping up with the Computer and Technology sector's loss of 3.14% and the S&P 500's gain of 0.87%.
Analysts and investors alike will be keeping a close eye on the performance of AST SpaceMobile, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on November 9, 2026. It is anticipated that the company will report an EPS of -$0.41, marking a 8.89% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $44.47 million, reflecting a 201.7% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.4 per share and a revenue of $159.82 million, representing changes of -79.1% and +125.36%, respectively, from the prior year.
Any recent changes to analyst estimates for AST SpaceMobile, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.15% higher. Right now, AST SpaceMobile, Inc. possesses 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 89, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.