AST SpaceMobile (ASTS)
Connects ordinary phones to low-Earth-orbit cellular broadband through mobile-operator partnerships.
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Builds a low-Earth-orbit cellular broadband network that connects standard phones through BlueBird satellites and mobile-operator spectrum. Commercial and government applications share one platform, while deployment depends on satellite production, launches, regulatory approvals, partner integration, and capital.
Builds the SpaceMobile Service, a low-Earth-orbit cellular broadband network designed to connect standard, unmodified phones through large BlueBird satellite antennas. The same platform also supports government applications, while gateway and network-integration work connects satellites with terrestrial mobile networks.
Designs and assembles satellites and key components across facilities in the United States and other countries. A growing constellation has advanced beyond a single test spacecraft, but the service remains in deployment and early-service execution rather than full global coverage.
Relies on mobile-network-operator partners for licensed spectrum, core-network integration, distribution, and subscriber relationships. Coverage also depends on satellite production, launch and in-orbit performance, ground infrastructure, market-specific approvals, and continued access to capital.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 2, 2026 | Berenberg Bank | Target | Target: — | Target: $92 |
| Sep 2, 2026 | UBS | Initiate | Rating: — | |
| Aug 12, 2026 | Deutsche Bank | Target | Target: $106 | Target: $93 |
| Aug 11, 2026 | UBS | Reiterate | Rating: —Target: $80 | Target: $78 |
| Aug 11, 2026 | Piper Sandler | Reiterate | Rating: —Target: $100 | Target: $98 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.29B · Total debt $2.99B · Total assets $5.85B · Shareholders' equity $1.89B
- Revenue
- $31.5M
- Operating income
- −$297.6M
- Net income
- −$230.9M
No dividends on record.
| Institutions | ≈ 43.66% | 169.93M shares | |
|---|---|---|---|
| 855 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 21.13% | 82.21M shares | |
| 13 holders · as of Sep 17, 2026 | |||
| Other | ≈ 35.21% | 137.03M shares | |
| remainder | |||
389.17M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (389.17M in the company's Sep 22, 2026 report, 298.75M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Abel Antonio Avellan1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 20.11% | 78.69M A · 78.16M · 78.16M C | filed Jun 23, 2026 |
Rakuten Group, Inc.Institution | 3.99% | 15.51M A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 3.92% | 15.27M A | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 3.43% | 13.33M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.22% | 12.52M A | as of Jun 30, 2026 |
- The filed share classes (A, COMMON, C) could not be matched to the company's, so no percentage.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Shanti B. Gupta | officer: Chief Operating Officer | −12,000 | $58.89 |
| Sep 16, 2026 | Huiwen Yao | officer: Chief Technology Officer | −40,000 | $58.93 |
| Aug 31, 2026 | Adriana Cisneros | director | +10,822 | $57.22 |
| Jun 11, 2026 | Andrew Martin Johnson | director, officer: CFO and CLO | −45,809 | $93.81 |
| Jun 5, 2026 | Huiwen Yao | officer: Chief Technology Officer | −40,000 | $96.37 |
- T-Mobile
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- Globalstar
LEO direct-to-cell capacity and mobile satellite services for Apple devices
- Viasat
3GPP direct-to-device and multi-orbit satellite connectivity
- Iridium Communications
Global LEO mobile satellite network developing standards-based D2D
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AST SpaceMobile | $63.69 | +0.03% | $25.18B | — | — | 218.4 | +2,626.6% |
| T-Mobile | $162.69 | +0.19% | $177.28B | 17.3 | 12.9 | 1.9 | +7.9% |
| Globalstar | $82.20 | −0.36% | $10.69B | — | — | 38.1 | −3.5% |
| Viasat | $75.16 | +0.23% | $10.52B | — | — | 2.3 | −1.2% |
| Iridium Communications | $48.55 | −0.23% | $5.11B | 54.8 | 41.2 | 5.8 | +3.8% |
| Median | 36.0 | 27.1 | 4.0 | +1.3% |