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AST SpaceMobile, Inc. (ASTS) Stock Drops Despite Market Gains: Important Facts to Note
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AST SpaceMobile, Inc. (ASTS - Free Report) ended the recent trading session at $35.62, demonstrating a -4.12% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.58%. Elsewhere, the Dow gained 3.03%, while the tech-heavy Nasdaq added 1.44%.
Prior to today's trading, shares of the company had lost 41.14% lagged the Computer and Technology sector's loss of 12.04% and the S&P 500's loss of 1.97%.
The upcoming earnings release of AST SpaceMobile, Inc. will be of great interest to investors. The company's earnings report is expected 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. Simultaneously, our latest consensus estimate expects the revenue to be $44.47 million, showing a 201.7% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$2.4 per share and a revenue of $159.82 million, demonstrating changes of -79.1% and +125.36%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for AST SpaceMobile, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Within the past 30 days, our consensus EPS projection has moved 2.15% higher. AST SpaceMobile, Inc. currently has a Zacks Rank of #3 (Hold).
The Wireless Equipment industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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AST SpaceMobile, Inc. (ASTS) Stock Drops Despite Market Gains: Important Facts to Note
AST SpaceMobile, Inc. (ASTS - Free Report) ended the recent trading session at $35.62, demonstrating a -4.12% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.58%. Elsewhere, the Dow gained 3.03%, while the tech-heavy Nasdaq added 1.44%.
Prior to today's trading, shares of the company had lost 41.14% lagged the Computer and Technology sector's loss of 12.04% and the S&P 500's loss of 1.97%.
The upcoming earnings release of AST SpaceMobile, Inc. will be of great interest to investors. The company's earnings report is expected 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. Simultaneously, our latest consensus estimate expects the revenue to be $44.47 million, showing a 201.7% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$2.4 per share and a revenue of $159.82 million, demonstrating changes of -79.1% and +125.36%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for AST SpaceMobile, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Within the past 30 days, our consensus EPS projection has moved 2.15% higher. AST SpaceMobile, Inc. currently has a Zacks Rank of #3 (Hold).
The Wireless Equipment industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.