AST SpaceMobile call volume above normal and directionally bullish

AST SpaceMobile (ASTS) shares rose 4.68% on Thursday, driven by broader gains in space-related stocks following Google's Project Suncatcher announcement. Investors also speculate about a potential partnership with Meta (META), after a LinkedIn post mentioned a workshop between the two companies. ASTS is trading above its 20-day and 50-day moving averages but below its 100-day and 200-day averages, indicating a short-term rebound within a longer downtrend.

AST SpaceMobile (ASTS) shares fell 3% overnight and 14% last week, despite securing a New Zealand license for a gateway station. The license, effective Monday, supports AST SpaceMobile's satellite network. The company is preparing to launch three more satellites in August, targeting 45 by year-end. ASTS has partnerships with 60 mobile-network operators. ASTS stock is up 67% over the past year.

AST SpaceMobile (ASTS) was upgraded by Scotiabank to 'Sector Perform' with a $50.80 price target, citing its satellite pipeline and telecom partnerships. The stock has fallen 32% since January, but the analyst believes risks and opportunities are now fairly reflected. ASTS plans a beta service launch in the U.S. by late 2026 with AT&T and Verizon, and has partnerships with 60 mobile network operators. The stock rose 2.2% on the news.

AST SpaceMobile (ASTS) shares dropped 12% overnight after announcing a $1B convertible note offering. Analyst Tim Farrar suggests the company may use funds to acquire or invest in a launch provider, signaling a strategic pivot. ASTS is down 10% this week. The company aims to reduce reliance on third-party launch providers and has no current acquisition agreements. Farrar questions the availability of suitable targets and potential delays. ASTS stock is up 30% over the past year.

AST SpaceMobile (ASTS) delayed its commercial launch to 2027. The company has $3.7B in liquidity after a $1.15B convertible bond sale, but its current burn rate may deplete cash in 1.5 to 2 years. ASTS has partnerships with cellphone providers and aims to offer satellite service via existing phones.

AST SpaceMobile (ASTS) stock rose due to investor optimism about satellite-to-smartphone services following FCC comments on spectrum auctions. The company also secured a deal with the U.S. Space Development Agency. ASTS's commercial relationships and backlog suggest potential for steady revenue, but it faces risks like cash burn and regulatory delays.