What Is Happening With AST SpaceMobile Stock?

ASTS: AST SpaceMobile logo
ASTS
AST SpaceMobile

AST SpaceMobile (ASTS)’s stock surged 44%, fueled by a whopping 279% revenue jump, even as its P/E multiple took a 57% hit. Behind this rollercoaster? Q3 earnings, a game-changing Verizon deal, BlueBird 6’s debut, a major US government contract, and shifting analyst ratings. Let’s unpack it all.

Below is an analytical breakdown of stock movement into key contributing metrics.

  10232025 1212026 Change
Stock Price ($) 71.7 103.5 44.3%
Change Contribution By LTM LTM
Total Revenues ($ Mil) 4.9 18.5 278.8%
P/S Multiple 3,547.7 1,523.8 -57.0%
Shares Outstanding (Mil) 242.0 272.8 -12.7%
Cumulative Contribution 42.0%

So what is happening here? The stock rose 44%, driven by a 279% lift in revenue, despite a 57% dip in P/E multiple. Let’s dive into the key events behind these shifts.

Here Is Why AST SpaceMobile Stock Moved

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  • Q3 2025 Earnings: Q3 2025 results missed estimates, yet positive outlook on commercial agreements & funding.
  • Verizon Partnership: Agreement signed Oct 8, 2025, for direct connectivity starting 2026, boosting commercial prospects.
  • BlueBird 6 Launch: Successful launch of BlueBird 6 on Dec 23, 2025, enhancing satellite capabilities.
  • US Govt Contract: Selected as prime contractor for US Missile Defense Agency’s SHIELD program.
  • Analyst Ratings: Mixed analyst ratings, including downgrades from B. Riley and Zacks, impacted sentiment.

Our Current Assesment Of ASTS Stock

Opinion: We currently find ASTS stock relatively expensive. Why so? Have a look at the full story. Read Buy or Sell ASTS Stock to see what drives our current opinion.

Risk: To get a sense of ASTS risk, check out how much it fell during major shocks. The Covid crash saw a drop of about 7%, which is mild. But during the inflation shock, it tanked nearly 88%. That’s a huge swing. Even with solid fundamentals, ASTS isn’t immune when the market hits turbulence. It’s a reminder that strong factors won’t always shield a stock in extreme sell-offs.

ASTS stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.