Q1 Earnings Estimate for AST SpaceMobile Issued By B. Riley

MarketBeat Week in Review – 02/24 - 02/28AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Analysts at B. Riley issued their Q1 2025 EPS estimates for AST SpaceMobile in a research report issued on Wednesday, March 5th. B. Riley analyst M. Crawford anticipates that the company will post earnings of ($0.08) per share for the quarter. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share. B. Riley also issued estimates for AST SpaceMobile's Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.06) EPS and Q4 2025 earnings at ($0.05) EPS.Get AST SpaceMobile alerts:A number of other analysts have also commented on ASTS. Scotiabank boosted their price objective on shares of AST SpaceMobile from $40.20 to $47.90 and gave the stock a "sector outperform" rating in a research report on Wednesday. UBS Group boosted their price objective on shares of AST SpaceMobile from $31.00 to $38.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $30.00 price objective on shares of AST SpaceMobile in a research report on Tuesday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $42.98.AST SpaceMobile Stock Surges 17% After Analyst UpgradeCheck Out Our Latest Report on ASTSAST SpaceMobile Stock PerformanceShares of ASTS stock opened at $32.18 on Thursday. The company's fifty day simple moving average is $24.72 and its 200-day simple moving average is $25.58. The company has a quick ratio of 5.80, a current ratio of 5.80 and a debt-to-equity ratio of 0.31. The firm has a market cap of $9.32 billion, a PE ratio of -15.18 and a beta of 1.62. AST SpaceMobile has a 12 month low of $1.97 and a 12 month high of $39.08. Hedge Funds Weigh In On AST SpaceMobile5 Space Stocks to Watch as the Industry Reaches New HeightsInstitutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in shares of AST SpaceMobile by 235.9% in the third quarter. JPMorgan Chase & Co. now owns 247,781 shares of the company's stock valued at $6,479,000 after purchasing an additional 174,007 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of AST SpaceMobile by 141.1% in the third quarter. Van ECK Associates Corp now owns 103,437 shares of the company's stock valued at $2,716,000 after acquiring an additional 60,530 shares during the period. Algert Global LLC bought a new stake in shares of AST SpaceMobile in the third quarter valued at about $768,000. Handelsbanken Fonder AB bought a new stake in shares of AST SpaceMobile in the fourth quarter valued at about $755,000. Finally, Oppenheimer & Co. Inc. boosted its position in shares of AST SpaceMobile by 6.0% in the third quarter. Oppenheimer & Co. Inc. now owns 846,072 shares of the company's stock valued at $22,125,000 after acquiring an additional 47,600 shares during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds. About AST SpaceMobile (Get Free Report)AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.Further ReadingFive stocks we like better than AST SpaceMobileCanadian Penny Stocks: Can They Make You Rich? Investing in Small-Cap AI: Powering the Next Tech RevolutionMarket Cap Calculator: How to Calculate Market CapOccidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?Buy P&G Now, Before It Sets A New All-Time HighSuper Micro Computer Is Now NASDAQ Compliant—But Is It a Buy? This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in AST SpaceMobile Right Now?Before you consider AST SpaceMobile, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AST SpaceMobile wasn't on the list.While AST SpaceMobile currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here