AST SpaceMobile's $330M Surge Climbs 346th in Activity Despite 0.37% Drop Satellite Expansion vs. Rising Costs Weigh on Profitability Outlook

On September 2, 2025, AST SpaceMobile (ASTS) saw a trading volume of $330 million, up 30.94% from the previous day, ranking 346th in market activity. The stock closed down 0.37%.

AST SpaceMobile is advancing its satellite deployment strategy, targeting 45-60 satellites in orbit by 2026. The company has already launched five commercial BlueBird satellites, equipped with the largest commercial communications arrays to date. These satellites enable non-continuous U.S. coverage using 5,600 low-band spectrum cells, supporting a direct-to-mobile network that bypasses ground infrastructure. Eight Block 2 BlueBird satellites are now in production, with phased arrays expected to enhance signal strength and capacity, potentially delivering nationwide intermittent service by late 2025.

Strategic partnerships with AT&T and Verizon are central to AST’s expansion. AT&T signed a 2030 commercial agreement for space-based direct-to-mobile technology, while Verizon committed $100 million to satellite direct-to-cellular services. These agreements aim to expand cellular coverage and eliminate dead zones in the U.S., leveraging AST’s satellite network to reach remote areas.

Despite progress, AST faces financial headwinds. Rising material costs, inflation, and geopolitical tensions have increased capital expenditures. The company anticipates higher expenses for satellite development and launches, complicating its path to profitability. Analysts note a widening Zacks consensus estimate for 2025 and 2026, forecasting losses of $0.98 and $0.70 per share, respectively, reflecting skepticism about long-term growth and cost management.

Backtest results indicate a 92.2% and 105.9% widening in 2025 and 2026 consensus estimates, respectively, aligning with the projected losses. This trend underscores ongoing uncertainty about AST’s financial trajectory and operational scalability.