AST SpaceMobile Stock Drops 6.11% With 12.03 Billion Shares Traded Ranking 56th in Market Activity

On June 25, 2025, AST SpaceMobile (ASTS) experienced a 6.11% decline in its stock price, with a trading volume of 12.03 billion, ranking 56th in the day's market activity.

Analysts at B. Riley have raised their price target for AST SpaceMobile to $44 from $36, reflecting a bullish outlook on the company's future performance. This adjustment comes as part of a broader trend of positive analyst sentiment, with an average 12-month price target of $47.45, a high estimate of $55.00, and a low estimate of $36.00.

AST SpaceMobile has been actively engaging in strategic partnerships and business developments. The company recently announced a partnership with Vi for satellite connectivity, which is expected to enhance its service offerings and market reach. Additionally, AST SpaceMobile has priced a repurchase of convertible notes and a registered direct offering of Class A common stock to fund the convertible note repurchase, demonstrating its commitment to financial stability and growth.

The company's stock has seen significant volatility in recent months, with notable gains and losses driven by various factors, including partnerships, earnings reports, and market sentiment. Despite these fluctuations, AST SpaceMobile continues to focus on its mission of providing global mobile broadband services directly to standard, unmodified mobile devices, leveraging its extensive IP and patent portfolio.