AST SpaceMobile stock rises nearly 4% as regulatory approvals in Brazil and technical progress boost outlook

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Ast spacemobile rises 3.68% today

Highlights

AST SpaceMobile projects Q3 2026 revenue of $45.73 million with an expected EPS of -$0.42.
Regulatory approvals in Brazil advance the companys plans for direct-to-device satellite services, including four new gateways and spectrum access.
Shares of AST SpaceMobile last traded at $37.67 following volatile moves, with technical signals showing sustained bearish momentum and an expected five-day range of $33.29 to $42.04.

Brazil approvals and investor activity reshape outlook before earnings

AST SpaceMobile is scheduled to announce Q3 2026 earnings on November 9, with a projected revenue of about $45.73 million and expected EPS of -$0.42. The company recently secured regulatory approvals in Brazil for S band and 700 MHz spectrum and expanded its gateway plans by approving four Brazilian gateways for direct-to-device satellite services. Additional highlights include a completed satellite-to-ground network handoff with AT&T, increased institutional holdings from major investors, and a class action litigation filed by Pomerantz LLP.

Anton Kharitonov, expert at Traders Union, sees limited upside despite AST SpaceMobile’s regulatory wins in Brazil. He notes that the stock remains stuck below all major moving averages. Technical signals show sellers dominate, with bearish momentum intact across most indicators. The failed recovery after the bullish gap signals weak buyer conviction, even with positive news flow. Kharitonov concludes, "A sustained move below $36.08 would reinforce my view that downside risks still dominate this name."

Viktoras Karapetjanc, expert at Traders Union, remains constructive on AST SpaceMobile following regulatory progress and growing institutional interest. He emphasizes the recent approvals for Brazilian spectrum and new gateway sites as paving the way for commercialization. The bullish structure can strengthen if the price breaks above $41.2. Karapetjanc states, "Further growth is likely as operational milestones are met and direct-to-device momentum builds in coming quarters."

Sholanke Dele, market strategist, regards the technical set-up for AST SpaceMobile as clearly unfavorable. He points to high volatility and persistent bearish signals across momentum indicators. Macroeconomic uncertainty and ongoing legal risks add further pressure on sentiment. Dele warns, "Unless broader market confidence shifts or legal headwinds resolve, caution remains warranted in the near term."

Bearish momentum persists as stock stays below moving averages

AST SpaceMobile is trading below all its primary moving averages, remaining under the 20-day ($45.24), 50-day ($54.38), and 200-day ($77.18) levels. This configuration indicates sustained downward pressure over short, medium, and long timeframes. The near-term resistance is set at $41.2, and immediate support rests at $36.08, with the 50-day/200-day moving averages in a bearish alignment. Momentum indicators such as MACD and ADX continue to highlight persistent bearish sentiment. RSI, Stochastic RSI, and CCI are neutral, suggesting no exhaustion signals at present. Bull/Bear Power also remains negative, pointing to seller dominance during intraday sessions. Prices climbed 3.68% today after a bullish opening gap, but have returned closer to the session’s low on high volatility, reflecting pressure in line with overarching bearish momentum.

Earlier, analysts noted that AST SpaceMobile was experiencing persistent downside pressure despite notable technical achievements, emphasizing elevated risks. The current analysis reinforces this outlook and highlights the importance of monitoring the $36.08 support level for any signs of further breakdown in the days ahead.

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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