ASTS
AST SpaceMobile, Inc.Evidence as of 2026-10-29The desk's Snapshot
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Overview · AST SpaceMobile, Inc.
AST SpaceMobile, Inc., together with its subsidiaries, operates space-based cellular broadband network for mobile phones in the United States. Its SpaceMobile service provides mobile broadband services to end-users who are out of terrestrial cellular coverage. AST SpaceMobile, Inc. was founded in 2017 and is based in Midland, Texas.
Management team
- Mr. Stephen Gibson · Managing Director of UKFind on LinkedIn
- Mr. Scott Wisniewski · Executive VP & Chief Strategy OfficerFind on LinkedIn
- Mr. Shanti B. Gupta · Senior VP & Chief Accounting OfficerFind on LinkedIn
- Mr. Brian L. Heller · Executive VP, General Counsel & SecretaryFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.3 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The surviving record produces a mixed read. Weighted‑average diluted shares outstanding rose from 155,644,888 in the fiscal quarter ended 30 September 2024 (Q3 2024) to 299,061,662 in the fiscal quarter ended 30 June 2026 (Q2 2026).
The company reported consecutive quarterly net losses that grew in magnitude across the sample: - $ 72,550,000 for the fiscal quarter ended 30 June 2024 (Q2 2024); - $ 171,946,000 for Q3 2024; - $ 99,394,000 for the fiscal quarter ended 30 June 2025 (Q2 2025); - $ 122,874,000 for Q3 2025; - $ 191,012,000 for Q1 2026; and - $ 230,909,000 for Q2 2026. Long‑term noncurrent debt rose from $ 155,573,000 as of 31 December 2024 (FY 2024) to $ 2,963,422,000 as of 30 June 2026 (Q2 2026), while total assets expanded from $ 954,561,000 as of 31 December 2024 to $ 5,854,885,000 as of 30 June 2026.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Weighted-average diluted shares outstanding rose from 155,644,888 in the fiscal quarter ended 30 September 2024 to 299,061,662 in the fiscal quarter ended 30 June 2026.
XBRL companyfacts · 0001193125-25-274391The company reported consecutive quarterly net losses that increased in magnitude across the sample: -72,550,000 for the fiscal quarter ended 30 June 2024; -171,946,000 for the fiscal quarter ended 30 September 2024; -99,394,000 for the fiscal quarter ended 30 June 2025 (reported under a different accession); -122,874,000 for the fiscal quarter ended 30 September 2025; -191,012,000 for the fiscal quarter ended 31 March 2026; and -230,909,000 for the fiscal quarter ended 30 June 2026.
XBRL companyfacts · 0000950170-24-097099Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
A Form 4 for AST SpaceMobile, Inc. was filed on 2026-10-19 (the 4 filed 19 October 2026).
4 filed 2026-10-19A Form 8-K for AST SpaceMobile, Inc. was filed on 2026-10-20 (the 8-K filed 20 October 2026).
8-K filed 2026-10-20Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
Institutions reported aggregate holdings valued at $21.13B in the 13F filing covering the period ended 2026-06-30.
13F holdings · 772 filers · as of 2026-06-30SUSQUEHANNA INTERNATIONAL GROUP, LLP is listed as a top holder with $1.93B of reported holdings in the 13F for the period ended 2026-06-30.
13F holdings · 772 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple law firms and press releases on 26–28 October 2026 announce class-action or investor-alert filings related to AST SpaceMobile securities, citing potential lead plaintiff opportunities and a November 13, 2026 deadline.
News · prnewswire.com · 2026-10-28Additional press releases and news outlets repeated the investor-litigation theme on 26–28 October 2026, including notifications from other firms and aggregators.
News · prnewswire.com · 2026-10-27Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Gupta Shanti B., the Chief Operating Officer, sold 12,000 shares for $707k on 2026-09-16.
Form 4 · Gupta Shanti B. (Chief Operating Officer) · $707k sold · 2026-09-16Yao Huiwen, the Chief Technology Officer, sold 40,000 shares for $2.4M on 2026-09-16 under a 10b5-1 plan (stated on the filing).
Form 4 · Yao Huiwen (Chief Technology Officer) · $2.4M sold · 2026-09-16Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The filings on record don't carry four quarters of both operating cash flow and capital expenditure. IFRS filers report no common capex concept, so no FCF claim is made..
Debate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
Several claims in the record jointly present a favorable read: the company shows large point-in-time expansions in total assets (fundamentals-3) and material increases in cash balances documented across filings (fundamentals-4), while institutional ownership is sizable (ownership-0, ownership-1). News items note regulatory and commercial developments in Brazil and operator agreements (news-2, news-4) that could be read as company-specific commercial progress, and an independent director executed open-market purchases (insider-2) rather than only insider sales. These pieces, taken together, support a constructive interpretation that financing and partner/market developments have materially altered the company’s balance sheet and investor base. The strongest bear points (consecutive net losses, large long-term debt increase, share dilution, and recent insider sales) are contestable on evidence grounds: the large asset and cash increases accompany the reported debt and share count changes (fundamentals-2, fundamentals-0), suggesting capital raises or financing activity rather than unexplained deterioration, and some insider activity includes planned 10b5-1 sales and internal allocations (insider-1, insider-3), while an independent director bought shares (insider-2).
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.16
22 surviving claims rest on 18 distinct sources; the heaviest analyst carries 23% of them, and 98% of what the desk raised survived the debate.
The evidence set rests on a moderate number of distinct sources but a relatively small team contribution concentration and a very high survival rate in internal debate. That combination implies the read is information-rich but somewhat brittle: the desk’s conclusions leaned heavily on a few influential analysts and most flagged items survived critique, so single-source or analyst-led errors could materially change interpretations.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
18 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer−0.9 to the score
2 documents
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.2 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
15 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−0.5 to the score
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on ASTS Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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