William Blair Initiates Coverage on AST SpaceMobile with Market Perform Rating

Friday, Aug 22, 2025 12:11 pm ET1min read

William Blair initiates coverage on AST SpaceMobile (ASTS) with a "Market Perform" rating. No price target has been set. Recent analyst ratings include UBS maintaining a "Buy" rating with a $62.00 price target and Scotiabank maintaining a "Sector Perform" rating with a $42.90 price target. The average one-year price target for ASTS is $51.21, with a high estimate of $62.00 and a low estimate of $30.00. The average brokerage recommendation is 2.4, indicating an "Outperform" status.

William Blair has initiated coverage on AST SpaceMobile (NASDAQ:ASTS) with a "Market Perform" rating, as reported on Thursday, August 21, 2025. This marks the latest in a series of analyst ratings and updates on the company, which has been a subject of interest in the financial community.

Among the recent analyst ratings, UBS Group has maintained a "Buy" rating with a significant price target of $62.00, while Scotiabank has kept its "Sector Perform" rating with a target of $42.90. These ratings reflect a mixed outlook on the stock, with varying expectations for its future performance.

The average one-year price target for ASTS is $51.21, with estimates ranging from a high of $62.00 to a low of $30.00. The average brokerage recommendation is 2.4, indicating an "Outperform" status, which suggests that analysts generally have a positive view of the stock's potential.

AST SpaceMobile, a company that provides space-based cellular broadband services, has been the subject of considerable attention from analysts. The company reported its latest quarterly earnings on Monday, August 11, 2025, with earnings per share (EPS) of ($0.41), missing the consensus estimate of ($0.19) by ($0.22). The company also reported revenue of $1.16 million during the quarter, which fell short of the consensus estimate of $6.37 million.

Recent insider trading activity has also been notable. President Scott Wisniewski sold 50,000 shares of AST SpaceMobile stock on Monday, June 9, 2025, while CTO Huiwen Yao sold 4,250 shares on Tuesday, June 10, 2025. These sales represent a decrease in ownership for both executives.

Institutional investors have also been active in trading AST SpaceMobile shares. Atlantic Union Bankshares Corp, Sunbelt Securities Inc, Binnacle Investments Inc, GAMMA Investing LLC, and Chapman Financial Group LLC have all made significant investments in the company.

Overall, the mixed analyst ratings and recent trading activity suggest a complex outlook for AST SpaceMobile. While some analysts maintain a positive view, others remain cautious. Investors should carefully consider the company's recent performance and the varying analyst opinions before making investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/william-blair-begins-coverage-on-ast-spacemobile-nasdaqasts-2025-08-21/
[2] https://www.marketbeat.com/instant-alerts/ast-spacemobile-nasdaqasts-upgraded-at-zacks-research-2025-08-20/

William Blair Initiates Coverage on AST SpaceMobile with Market Perform Rating

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