AST SpaceMobile shares surge nearly 14% pre-market despite Q2 earnings miss, plans to deploy 45-60 satellites by 2026.

AST SpaceMobile shares surge nearly 14% pre-market despite Q2 earnings miss, plans to deploy 45-60 satellites by 2026.

AST SpaceMobile, Inc. (ASTS) experienced a significant pre-market surge in its shares, rising nearly 14%, despite missing second-quarter earnings estimates. The company reported a quarterly loss of $0.41 per share, which was far below the Zacks Consensus Estimate of $0.19 per share [1]. This represents a substantial earnings surprise of -115.79%.

The company's revenue for the quarter ended June 2025 was $1.16 million, significantly lower than the Zacks Consensus Estimate of $7.52 million, marking a 77.55% miss. Over the last four quarters, AST SpaceMobile has failed to beat consensus revenue estimates [1].

Despite the earnings miss, the company's Chairman and CEO, Abel Avellan, expressed optimism about the company's technology and its growing traction within the defense sector. AST SpaceMobile has secured eight contracts with the U.S. government and plans to deploy 45-60 satellites by the first quarter of 2026 [2]. The company's first next-generation Block 2 BlueBird satellite is set to ship this month, a pivotal step towards scaled commercialization.

The company's strong balance sheet, with a pro forma balance sheet of over $1.5 billion at the end of Q2, supports its ambitious launch cadence. The deployment of these satellites is expected to enable continuous coverage in key markets such as the U.S., Europe, and Japan.

The stock's price action reflected investor sentiment. ASTS stock fell 1.52% on Monday but rose 11.72% in after-hours trading. The shares were up 112.20% year-to-date and 132.74% over a year, despite the earnings miss [2].

The Zacks Rank, a reliable measure for investors, currently stands at #4 (Sell) for AST SpaceMobile, indicating that the shares are expected to underperform the market in the near future. However, the company's earnings outlook and industry rank may influence future stock performance.

References:
[1] https://finance.yahoo.com/news/ast-spacemobile-inc-asts-reports-225503683.html
[2] https://www.benzinga.com/markets/earnings/25/08/47051140/ast-spacemobile-secures-8-us-government-contracts-plans-45-60-satellite-deployment-by-2026