AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are down during Friday’s premarket session.
Sets April 19 Launch for BlueBird 7
On Thursday, the company said its BlueBird 7 satellite is scheduled to launch April 19 from Cape Canaveral aboard Blue Origin’s New Glenn-3 mission, with a 6:45 a.m. to 8:45 a.m. EDT window.
BlueBird 7 is part of the company’s next-generation satellites designed to deliver direct-to-device cellular broadband to unmodified smartphones, with expected peak speeds above 120 Mbps. The satellite features a 2,400-square-foot phased-array antenna to support 4G and 5G voice, data and video services from low Earth orbit.
“Every launch brings us closer to fulfilling our mission: connecting billions of people through space-based cellular broadband,” said President Scott Wisniewski.
Qualified retail shareholders can apply to attend the launch event. Registration closes April 17, with limited spots available.
The company has agreements with more than 50 mobile network operators, covering nearly 3 billion subscribers, and partnerships with AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Vodafone Group Plc (NASDAQ:VOD), Rakuten Group Inc., Alphabet Inc. (NASDAQ:GOOGL), American Tower Corporation (NYSE:AMT), BCE Inc. (NYSE:BCE), and Saudi Telecom Company.
AST SpaceMobile Technical Analysis
AST SpaceMobile is currently trading 1.5% above its 20-day simple moving average (SMA) and 0.5% above its 50-day SMA, suggesting a short-term bullish trend. However, it is trading 4.2% above its 100-day SMA, indicating stronger intermediate-term momentum.
The relative strength index (RSI) is at 49.44, which is neutral and suggests that the stock is neither overbought nor oversold, indicating balanced buying and selling pressure. The stock has shown a remarkable 288.80% return over the past 12 months, reflecting strong long-term performance.
- Key Resistance: $97.50 — A significant level where price rallies have previously stalled.
- Key Support: $84.00 — A level where buying interest has historically emerged.
Sector Performance
AST SpaceMobile is currently underperforming within the Communication Services sector, which is ranked 10 out of 11 sectors. The sector has gained 4.55% over the past 30 days, indicating a generally positive trend, while ASTS’s recent price action suggests it is lagging behind its peers.
Earnings & Analyst Outlook
Looking further out, the next major catalyst for the stock arrives with the May 11, 2026 (estimated) earnings report.
- EPS Estimate: Loss of 21 cents (Down from Loss of 20 cents)
- Revenue Estimate: $37.24 million (Up from 72 cents million)
Analyst Consensus & Recent Actions: The stock carries a Hold Rating with an average price target of $75.52. Recent analyst moves include:
- Barclays: Underweight (Raises Target to $65.00) (April 9)
- UBS: Neutral (Raises Target to $85.00) (March 4)
- B. Riley Securities: Neutral (Lowers Target to $95.00) (February 13)
AST SpaceMobile Top ETF Exposure
- First Trust Indxx Aerospace & Defense ETF (NYSE:MISL): 4.08% Weight
- First Trust US Equity Opportunities ETF (NYSE:FPX): 3.11% Weight
- Defiance Connective Technologies ETF (NASDAQ:SIXG): 3.36% Weight
Significance: Because ASTS carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
ASTS Price Action: AST SpaceMobile shares were down 0.84% at $90.18 during premarket trading on Friday, according to Benzinga Pro data.
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