--- title: "Weekly Recap | AST SpaceMobile -21.09%, fresh 52-week low" type: "News" locale: "en" url: "https://longbridge.com/en/news/304719440.md" description: "AST SpaceMobile (ASTS) fell 21.09% this week to close at $32.33. The S&P 500 lost 2.68% over the same period, leaving the stock about 18.41 percentage points behind the benchmark. The price action was mostly one-way lower with a small rebound into the close: Monday (2 November) opened near $41.20 and then slid through the week, with Wednesday (4 November) touching $34.87 and Thursday (5 November) dropping as low as $28.98. Friday (6 November) marked a fresh 52-week low at $27." datetime: "2026-11-07T06:50:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/304719440.md) - [en](https://longbridge.com/en/news/304719440.md) - [zh-HK](https://longbridge.com/zh-HK/news/304719440.md) generator: "portal-rs" --- # Weekly Recap | AST SpaceMobile -21.09%, fresh 52-week low ## The Week AST SpaceMobile (ASTS) fell 21.09% this week to close at $32.33. The S&P 500 lost 2.68% over the same period, leaving the stock about 18.41 percentage points behind the benchmark. The price action was mostly one-way lower with a small rebound into the close: Monday (2 November) opened near $41.20 and then slid through the week, with Wednesday (4 November) touching $34.87 and Thursday (5 November) dropping as low as $28.98. Friday (6 November) marked a fresh 52-week low at $27.58 before a late recovery to $32.33. Weekly amplitude reached 33.19%, and average daily volume of roughly 21.9 million shares was about 96% above the 60-day median, indicating unusually heavy turnover. ## Key Events The week’s news centred on three developments. On Thursday (5 November), AST SpaceMobile announced it had secured a US Space Force contract through STR to advance space-based sensing capabilities, yet the shares still slid more than 8% that day, with some put options posting outsized gains. Then on Friday (6 November), the company said it had signed a rocket engine agreement with Firefly Aerospace worth more than $1.3 billion. Under the deal, Firefly will supply Miranda and Vera engines for a reusable launch vehicle called Blacklift, with first flights targeted for late 2028, reducing reliance on external launch providers such as SpaceX. ASTS hit a fresh 52-week low intraday before rebounding on the news and ending the session up more than 8%. The week also brought reminders of a securities fraud class action covering purchases between 4 March 2025 and 15 July 2026, with a 13 November 2026 deadline. ## The Week Ahead The main event next week is the Q3 2026 earnings release after Monday’s close (9 November), with consensus estimates pointing to a loss of about $0.45 per share on revenue of roughly $46 million. Options traders are pricing in a post-earnings move of about 19%, suggesting a wide range of expectations. On the macro side, US CPI and core CPI are due on Tuesday (10 November), with headline CPI at 3.9% expected versus 3.7% previously, and core CPI at 2.8% versus 2.6%. Guidance on satellite deployment, capital spending and the competitive landscape against SpaceX will likely set the tone for the shares after the report. ## In Short This week showed a clear divergence between company news and share price: ASTS announced a Space Force contract and plans to build its own rocket, yet the stock still touched a fresh 52-week low. That suggests the market’s immediate focus may be on earnings visibility and competitive pressures rather than long-term infrastructure plans. The company trades at a negative P/E and about 6.64 times book value, while the latest session’s large-order flow pointed to net buying. The key question now is whether Q3 results show tangible progress on revenue and satellite deployment, and how the inflation data affects sentiment toward high-multiple growth names. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [ASUP.US](https://longbridge.com/en/quote/ASUP.US.md) - [ASTX.US](https://longbridge.com/en/quote/ASTX.US.md) - [ASTN.US](https://longbridge.com/en/quote/ASTN.US.md) ## Related News & Research - [AST SpaceMobile Stock (ASTS) Set for 19% Move After Q3 Earnings Next Week, Say Options Traders](https://longbridge.com/en/news/304678080.md) - [AST SpaceMobile to Build Reusable Blacklift Rocket for Satellite Launches Starting in Late 2028](https://longbridge.com/en/news/304637585.md) - [RKLB vs. ASTS: One Space Stock Offers 160%+ Upside Ahead of November 9 Earnings](https://longbridge.com/en/news/304651959.md) - [Firefly inks $1.3 billion deal to supply engines for new AST SpaceMobile 'Blacklift' rocket](https://longbridge.com/en/news/304662390.md) - [ASTS: Revenue expanded as satellite deployment advanced, but losses and execution risks remained substantial](https://longbridge.com/en/news/304914313.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**