What's Going on With AST SpaceMobile Stock on Tuesday?
AST SpaceMobile, Inc. (NASDAQ:ASTS) stock gained by more than 5% during Tuesday’s premarket session as risk appetite improves for higher-beta names.
Investors build positions ahead of the August 5 launch of the company’s next-generation BlueBird 11, 12 and 13 satellites.
Nasdaq futures are up 0.70% while S&P 500 futures have gained 0.12%.
Recent comments from a Meta Platforms Inc (NASDAQ:META) executive hinting at WhatsApp connectivity through satellite have also strengthened buying momentum.
Technical Analysis
From a trend perspective, ASTS is still in a longer-term repair phase: it’s trading 17.7% below its 50-day SMA ($81.03) and about 19% below both its 100-day SMA ($82.35) and 200-day SMA ($82.35). The stock is, however, 5.9% above its 20-day SMA ($62.94), which suggests the most recent bounce is holding up even though the bigger moving-average stack remains bearish.
Earnings & Analyst Outlook
The countdown is on: AST SpaceMobile is set to report earnings on August 10, 2026 (confirmed).
- EPS Estimate: Loss of 29 cents (Up from a loss of 41 cents YoY)
- Revenue Estimate: $34.54 million (Up from $1.16 million YoY)
Analyst Consensus & Recent Actions: The stock carries a Hold rating with an average price forecast of $81.13. Recent analyst moves include:
- Scotiabank: Upgraded to Sector Perform (Forecast $50.80) (July 29)
- B. Riley Securities: Upgraded to Buy (Maintains Forecast $85.00) (July 17)
- Piper Sandler: Initiated with Overweight (Forecast $100.00) (July 16)
Top ETF Exposure
- Defiance Space and Connective Tech ETF (NASDAQ:UFOX): 2.67% Weight
- Tradr 2X Long ASTS Daily ETF (NASDAQ:ASTX): 106.05% Weight
- VanEck Social Sentiment ETF (NYSE:BUZZ): 3.44% Weight
Significance: Because ASTS carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
ASTS Price Action: AST SpaceMobile shares were up 5.40% at $66.95 during premarket trading on Tuesday, according to Benzinga Pro data.
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