AST SpaceMobile Trading Volume Drops 36.21% to 4.72 Billion, Ranks 153rd in Market Activity

On June 17, 2025, AST SpaceMobile (ASTS) experienced a significant decline, with its trading volume dropping by 36.21% to 4.72 billion, ranking 153rd in the day's market activity. The stock price of ASTS fell by 4.34%.

B. Riley has increased its price target for AST SpaceMobile from $36 to $44, while maintaining a Buy rating on the stock. This adjustment is attributed to the company's successful negotiation of a settlement term, which has positioned it favorably in the market.

Additionally, UBS has also raised its price target for AST SpaceMobile from $31 to $38, signaling strong upside potential and maintaining a Buy rating. This move reflects the growing confidence in the company's future prospects and its ability to deliver value to investors.