AST SpaceMobile stock rises over 5% as European operator deal aims to expand space-based broadband

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AST SpaceMobile surges 5.1% today

Highlights

AST SpaceMobile reached a major agreement with Deutsche Telekom, Orange, Telefonica, and Vodafone to jointly pursue spectrum for direct-to-smartphone satellite connectivity across Europe.
The company reaffirmed fiscal year revenue targets of $150 million to $200 million and reported pro forma liquidity of $3.7 billion with a revenue backlog of $1.3 billion.
Shares of AST SpaceMobile trade below key moving averages with multiple downside momentum signals and an expected five-day range of $37.55 to $46.96.

Strategic operator alliance drives revenue optimism and commercial momentum

AST SpaceMobile reached a major agreement with Deutsche Telekom, Orange, Telefónica, and Vodafone to explore a joint bid for Mobile Satellite Services spectrum, aimed at enabling direct-to-smartphone connectivity via its BlueBird satellites and expanding cellular broadband across Europe. The company also reaffirmed fiscal year revenue guidance of $150 million to $200 million and reported over $3.7 billion in pro forma liquidity, with a revenue backlog of $1.3 billion from commercial and government clients. The enhanced commitment from major European operators adds a significant commercial dimension to AST SpaceMobile’s growth strategy.

Anton Kharitonov, expert at Traders Union, views the recent rebound in AST SpaceMobile as technically weak. He highlights that the stock’s price remains below all key moving averages, despite gain-driven news momentum. Momentum signals and oscillators reinforce a bearish bias, while current volatility only adds to downside risk. Kharitonov believes institutional deals and revenue guidance have barely improved sentiment. "The technical structure is fragile — investors should remain cautious until persistent buying reverses the prevailing downtrend."

Viktoras Karapetjanc, expert at Traders Union, sees strong long-term potential in AST SpaceMobile’s new partnership with leading European operators. He believes the hefty liquidity position and billion-dollar backlog support a bullish outlook. The collaboration expands the company’s market footprint and opens opportunities for direct-to-device services. "With major telecoms backing and resilient fundamentals, the bullish structure remains intact and further growth is expected."

Jainam Mehta, market strategist, notes that AST SpaceMobile is in a technical downtrend. He sees today’s pop as a potential short-term overreaction to news, given the oversold signals across multiple indicators. Mehta thinks a tactical bounce is possible if the $43.90 resistance breaks, but recommends capital protection below $40.04. "Traders should watch for contrarian entry setups if price consolidates above immediate support levels."

Persistent selling pressure as technical barriers reinforce bearish trend

AST SpaceMobile is trading below its short-, medium-, and long-term moving averages, with the current price at $42.70 versus the 20-day, 50-day, and 200-day averages at $55.95, $60.79, and $79.97. This reflects persistent selling pressure and confirms a bearish trend over the medium- to long-term. The Ichimoku Kijun line at $52.64 serves as a distant resistance level, while immediate support and resistance for today are at $40.04 and $43.90, respectively. Momentum indicators reinforce the downside bias, with both the MACD and ADX pointing to selling pressure, and a strongly oversold outlook is indicated by the RSI, CCI, and Stochastic RSI. Bull/Bear Power confirms that sellers remain dominant intraday, and the Awesome Oscillator continues to signal persistent sell momentum. Despite a gain of $2.07, or 5.1%, on notable volatility and an upside gap, the stock’s underlying momentum remains firmly negative.

Earlier, analysts noted that AST SpaceMobile faced persistent technical weakness and ongoing downside risk. The current article reinforces this perspective, as the stock remains entrenched in a bearish trend despite a recent rebound, making the $40.04 support level critical to monitor for potential further declines.

Source of Data: ASTS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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