AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are down on Wednesday following the company’s announcement of the successful orbital launch of its BlueBird satellites.
Launches BlueBird Satellites 11, 12 And 13
AST SpaceMobile launched BlueBird satellites 11, 12, and 13 on August 5, 2026, aboard a Falcon 9 rocket from Cape Canaveral, expanding its next-generation satellite constellation.
The company continues scaling deployment, with BlueBirds 14-16 planned for the next mission and production advancing through BlueBird 42.
The new satellites feature communications arrays more than three times larger than the initial Block 1 BlueBirds, enabling improved coverage, lower interference, and higher capacity.
The BlueBird satellites are expected to support peak data rates approaching 200 Mbps, enhancing the company’s offerings for both commercial and government applications.
ASTS Technical Analysis: Key Levels And Momentum
Currently, AST SpaceMobile’s stock is trading at $68.25, which is 9% above its 20-day simple moving average (SMA) of $62.74 but 15.1% below its 50-day SMA of $80.52. The stock’s 12-month performance shows a gain of 33.75%, indicating a generally positive trend over the longer term.
The Relative Strength Index (RSI) is currently at 53.39, suggesting a neutral momentum state, which indicates that the stock is neither overbought nor oversold at this time. This neutral reading may suggest that the stock could either consolidate or prepare for a potential move depending on upcoming market conditions.
- Key Resistance: $80.52 — a critical level as it aligns with the 50-day SMA, which has historically acted as a barrier for upward movement.
- Key Support: $63.50 — a nearby level where buyers have previously stepped in, providing a potential floor for the stock.
ASTS Earnings Preview And Analyst Ratings
AST SpaceMobile’s next catalyst is earnings, which is set to report on August 10, 2026 (confirmed).
- EPS Estimate: Loss of 29 cents (Up from Loss of 41 cents)
- Revenue Estimate: $34.54 million (Up from $1.16 million)
Analyst Consensus & Recent Actions: The stock carries a Hold rating with an average price forecast of $81.13. Recent analyst moves include:
- Scotiabank: Upgraded to Sector Perform (Target $50.80) (July 29)
- B. Riley Securities: Upgraded to Buy (Maintains Target to $85.00) (July 17)
- Piper Sandler: Initiated with Overweight (Target $100.00) (July 16)
How ASTS Ranks On Momentum Versus The Market
Below is the Benzinga Edge scorecard for AST SpaceMobile, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Weak (Score: 35.78) — Stock is underperforming the broader market.
The Verdict: AST SpaceMobile’s Benzinga Edge signal reveals a weak momentum profile, indicating challenges in maintaining upward price movement. Investors should closely monitor upcoming earnings and market conditions to gauge potential recovery or further declines.
ASTS ETF Exposure: Funds With The Biggest Weighting
- Defiance Space and Connective Tech ETF (NASDAQ:UFOX): 2.67% Weight
- Tradr 2X Long ASTS Daily ETF (NASDAQ:ASTX): 106.05% Weight
- VanEck Social Sentiment ETF (NYSE:BUZZ): 3.44% Weight
Significance: Because ASTS carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
ASTS Price Action: AST SpaceMobile shares were down 3.20% at $68.06 at the time of publication on Wednesday, according to Benzinga Pro data.
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