ASTS Stock Recent News

AST SpaceMobile (ASTS 1.81%) stock opened dramatically higher on Monday morning, up 7.3% over the weekend after an early-morning press release announcing the company will form a new satellite communications business with European partner Vodafone (VOD 2.16%).

NEWBURY, England & MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--Vodafone Group Plc (Vodafone) (LSE: VOD), a leading European and African telecommunications company, and AST SpaceMobile Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government application, have signed an agreement to create a jointly-owned European satellite service business (“SatCo”) to serv.

AST SpaceMobile (ASTS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

The mean of analysts' price targets for AST SpaceMobile (ASTS) points to a 28.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Shares of satellite-based cellular broadband services firm AST SpaceMobile Inc. NASDAQ: ASTS spiked by as much as almost 17% in morning trading on February 26, 2025, after analysts at Cantor Fitzgerald upgraded the company to a rating of Strong Buy the day prior and the firm announced its latest major contract.

With less than a week to go before earnings day, satellite communications start-up stock AST SpaceMobile (ASTS 14.29%) announced on Wednesday that it has won a $43 million subcontract on a Space Force award.

Access to premium mid-band spectrum assets is likely to help ASTS bridge the digital divide more effectively by providing ubiquitous connectivity.

AST SpaceMobile (ASTS -9.45%), a producer of low earth orbit (LEO) satellites for cellular networks, saw its stock soar more than 840% over the past 12 months. That rally was fueled by the launches of its first commercial satellites and new contracts.

The latest trading day saw AST SpaceMobile, Inc. (ASTS) settling at $31.17, representing a +0.87% change from its previous close.

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced it will issue its earnings release on Monday, March 3rd at 5:00 p.m. and hold a quarterly business update conference call on Tuesday, March 4th at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting que.