<p><strong>AST SpaceMobile Inc</strong> (NASDAQ:ASTS) shares are trading marginally lower Monday morning as investors digested fresh proxy disclosures that keep the spotlight on whether the company can hit satellite-to-phone rollout milestones. Here’s what investors need to know.</p>



<ul>
<li>AST SpaceMobile shares are under pressure. What’s driving ASTS stock lower?</li>
</ul>



<h2>What Catalyst Is Impacting AST SpaceMobile Stock?</h2>



<p>New proxy details show CEO <strong>Abel Avellan</strong> has taken $0 in base salary since 2021, and his 2025 compensation totals $14.2 million entirely in stock tied to execution milestones. One key goal, &#34;number of satellites in orbit&#34; by the end of February 2026, was marked &#34;Not Achieved,&#34; while a connectivity-standards goal earned a 75% payout and a revenue goal paid out at 95% after $70.9 million came in just under a $75 million target.</p>



<p>AST SpaceMobile's &#34;satellites in orbit&#34; miss is the line-item traders are keying on because it zeroed out that portion of the payout, reinforcing that timeline risk is still on the table. The same milestone framing drove a separate selloff when investors first processed the April 28 proxy filing tying $14,222,500 in 2025 compensation to performance targets.</p>



<h2>ASTS Technical Analysis: Key Levels To Watch</h2>



<p>ASTS is sitting in the lower half of its 52-week range ($22.47 to $129.89), which lines up with a stock still working through a correction from earlier highs. The stock is trading 17% below its 20-day simple moving average (SMA) and 21.3% below its 100-day SMA, a setup that leans toward sellers controlling the short-to-intermediate trend.</p>



<p>The moving average convergence divergence (MACD), a trend/momentum measure, has the MACD line below the signal line with a negative histogram, which keeps downside momentum in control for now. That posture matches the bearish MACD cross that occurred in May 2025, even as longer-term trend followers still note the golden cross from June 2025.</p>



<p>On levels, the nearest &#34;line in the sand&#34; is the $69.50 support area, since the stock is only modestly below its 200-day SMA ($73.80) and a break can change the longer-term tone quickly. Over the past 12 months, ASTS is up 182.26%, which shows the bigger trend has been powerful even with the current drawdown.</p>



<ul>
<li><strong>Key Resistance</strong>: $84.00 — a rebound area where rallies have recently stalled.</li>



<li><strong>Key Support</strong>: $69.50 — a nearby zone where buyers may try to defend the trend.</li>
</ul>



<figure class="wp-block-image size-large"><img width="923" height="1024" src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/04105634/ASTS-rsi-heatmap-chart-2-923x1024.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/04105634/ASTS-rsi-heatmap-chart-2-923x1024.png"/></figure>



<h2>What Is AST SpaceMobile’s Business Model?</h2>



<p>AST SpaceMobile is designing, developing, and manufacturing its BlueBird (BB) satellites and has begun launching a space-based cellular broadband network built on a low Earth orbit (LEO) constellation. The goal is direct-to-device connectivity that works with standard, unmodified mobile devices and off-the-shelf phones, using the company's IP and patent portfolio.</p>



<h2>AST SpaceMobile Earnings Preview: May 11</h2>



<p>The countdown is on: AST SpaceMobile is set to report earnings on May 11.</p>



<ul>
<li><strong>EPS Estimate</strong>: Loss of 21 cents (Down from loss of 20 cents YoY)</li>



<li><strong>Revenue Estimate</strong>: $36.91 million (Up from 72 cents million YoY)</li>
</ul>



<p><strong>Analyst Consensus &amp; Recent Actions:</strong> The stock carries a Hold rating with an average price target of $75.52 (high: $95.00, low: $45.60) across 7 analysts. Recent analyst moves include:</p>



<ul>
<li><strong>Barclays</strong>: Underweight (Raises Target to $65.00) (April 9)</li>



<li><strong>UBS</strong>: Neutral (Raises Target to $85.00) (March 4)</li>



<li><strong>B. Riley Securities</strong>: Neutral (Lowers Target to $95.00) (Feb. 13)</li>
</ul>



<h2>ASTS Stock Price Action Update</h2>



<p><strong>ASTS Stock Price Activity:</strong> AST SpaceMobile shares were down 1.90% at $69.54 at the time of publication on Monday, according to Benzinga Pro data.</p>



<div>


<p>
<strong>
Read Also:

Earnings Volatility Watch: 7 AI-Linked Stocks Are Set For Double-Digit Moves This Week
</strong>
</p>


</div>


<p><em>Image: Shutterstock</em></p>

ASTS

ASTX

<p>AST SpaceMobile shares are down 1.90% to $69.54 as investors react to proxy disclosures regarding satellite-to-phone rollout milestones. CEO Abel Avallan's $14.2 million 2025 compensation is tied to performance targets, with a key goal of having satellites in orbit by February 2026 marked as "Not Achieved." The stock is trading below its 20-day and 100-day SMAs, indicating bearish momentum. AST SpaceMobile is set to report earnings on May 11, with an EPS estimate of a 21-cent loss and revenue estimate of $36.91 million. Analysts maintain a Hold rating with an average price target of $75.52.</p>

What's Going On With AST SpaceMobile Stock Today?