Why AST SpaceMobile, Inc. (ASTS) Stock Fell 8.7% on Nov 10, 2026
as of Tuesday, 4:48 PM ET
The reason we found
AST SpaceMobile slides after earnings miss and price-target cut
AST SpaceMobile’s third-quarter results reportedly missed expectations as higher costs offset strong revenue growth, prompting concern about profitability and execution. BofA also cut its price target from $80 to $45, reinforcing the negative reaction despite reaffirmed 2026 revenue guidance and increased liquidity.
earnings miss and analyst price target cuthigh confidence
Sources 11
- AST SpaceMobile Inc (ASTS) (Q3 2026) Earnings Call Highlights: $3. ...finance.yahoo.com
- AST SpaceMobile earnings analysis: questions answered and next catalystsfinance.yahoo.com
- AST SpaceMobile, Inc. (ASTS) Stock Price, News, Quote & History - Yahoo! Finance Canadanews.google.com
- ASTS Q3 Earnings Miss Estimates as Higher Costs Offset Revenue Growthnasdaq.com
- BofA Cuts ASTS Price Target To $45 From $80 — Maintains ‘Neutral’ Ratingstocktwits.com
- AST SpaceMobile, Inc. (ASTS) Q3 2026 Earnings Call Transcriptseekingalpha.com
- IonQ Shares Fall With Space Stocks: What's Going On?finnhub.io
- What's Going On With AST SpaceMobile Shares Tuesday?finnhub.io
- AST SpaceMobile (ASTS) Secures Up To $1 Billion For Japan Satellite Venturefinnhub.io
- AST SpaceMobile Q3: Too Many Execution Risksfinnhub.io
- Firefly Aerospace Likely To Report Higher Q3 Revenue; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Callfinnhub.io
Our call
Keepdated Nov 11, 2026
AST SpaceMobile fell 28% over the past month while other telecom stocks rose 12%, even though analysts expect profit to grow 40% next year. AST SpaceMobile's next report could raise the call with a profit beat, or lower it with a miss.
Other moves on Nov 10
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- LFVN−13.6%LifeVantage Stock Falls After Revenue Drops 22%
- QLYS−13.3%Qualys Falls Despite Earnings Beat on Tepid Revenue Outlook
- ACAD+10.7%Revenue Beat and Guidance Lift Acadia Shares
- BDSX−8.5%Analyst trims Biodesix target despite maintaining Buy rating
- SERV−8.4%Analyst lowers Serve Robotics price target, pressuring shares