AST SpaceMobile Stock Falls Amid Market Uptick Amidst Earnings Expectations

AST SpaceMobile, Inc. (ASTS) shares fell 6.51% to $42.50, despite a 0.61% gain in the S&P 500. The company's shares have risen 27.3% over the last month, surpassing the Computer and Technology sector's gain. AST SpaceMobile is expected to report an EPS of -$0.19 and revenue of $5.15 million in its forthcoming earnings report, a 35.71% and 472.22% increase, respectively, compared to the same quarter last year.

AST SpaceMobile, Inc. (ASTS) has secured a significant $100 million equipment financing facility to support its manufacturing and network deployment goals over the next two years. The non-dilutive financing facility, led by alternative asset manager Trinity Capital Inc., ensures that the company maintains complete ownership and does not have to issue new shares [1].

The financing facility, which provides an additional $100 million in long-term liquidity, includes $25 million drawn at closing against previously purchased equipment and is available through 2031. This funding will enable AST SpaceMobile to continue its strong momentum in executing its accelerated operational plans, as stated by the company's Chief Financial Officer, Andrew Johnson [1].

The funding comes at a critical time for AST SpaceMobile, as the company transitions from research and development to full-scale manufacturing and network deployment. AST's first test satellite, Bluewalker 1, was launched in 2019, and its latest test satellite, Bluewalker 3, launched in 2022. The company had initially planned a constellation of almost 170 satellites but has since revised its plans to 100 satellites [1].

Despite the financing news, AST SpaceMobile's shares fell 6.51% to $42.50 on July 2, 2025, despite a 0.61% gain in the S&P 500. The company's shares have risen 27.3% over the last month, surpassing the Computer and Technology sector's gain [2]. Analysts expect AST SpaceMobile to report an EPS of -$0.19 and revenue of $5.15 million in its forthcoming earnings report, a 35.71% and 472.22% increase, respectively, compared to the same quarter last year [2].

AST SpaceMobile has also recently outlined a settlement term sheet with Ligado Networks LLC, Viasat Inc., and Inmarsat Global Limited, enabling long-term access to up to 45MHz of lower mid-band spectrum in North America for direct-to-device satellite applications. Once ratified, the agreement will unlock additional capabilities for AST’s assets, joining up the permissions to use premium spectrum with a large space-based network to enable superior penetration and coverage characteristics [1].

References:
[1] https://www.datacenterdynamics.com/en/news/ast-spacemobile-bags-100m-to-support-manufacturing/
[2] https://finance.yahoo.com/quote/ASTS/analysis/