ASTS retreats nearly 2% as shares remain under pressure below key moving averages

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Ast spacemobile slides 1.70% today

Highlights

AST SpaceMobile posted third-quarter 2026 revenue of $42.3 million, up 187% year over year but missing analyst estimates, and reported a net loss of $132.4 million.
The company ended the quarter with $3.2 billion in cash, reaffirmed full-year revenue guidance, announced the Blacklift rocket development, and secured a $100 million U.S. Space Force contract.
Shares of AST SpaceMobile trade below major moving averages, remain under broad selling pressure, and are forecast to range between $30.42 and $41.93 over the next five days with a 76% probability of downside.

Revenue growth outpaced by losses and muted response to new partnerships

AST SpaceMobile reported third-quarter 2026 revenue of $42.3 million, an increase of 187% year over year, but the result was below analyst expectations and the company posted a net loss of $132.4 million, or $0.44 per share. Full-year 2026 revenue guidance remained unchanged at $150 million to $200 million, and the quarter ended with $3.2 billion in cash, cash equivalents, and restricted cash. The company announced the development of Blacklift, a reusable rocket to deploy BlueBird satellites beginning in late 2028, and extended launch agreements with SpaceX, Blue Origin, and Firefly Aerospace. Additional developments included expanded mobile network operator partnerships, a $100 million U.S. Space Force contract, and progress toward nationwide intermittent phone service from space, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees AST SpaceMobile under heavy selling pressure, with price action below all critical moving averages and ongoing bearish momentum. He notes that despite revenue growth and high cash reserves, the firm’s inability to meet analyst expectations and continued net losses overshadow expanded partnerships and new contracts. Negative technicals, such as the overbought Stochastic RSI and persistent downside gaps, confirm the fragile sentiment. With a 76% probability of further decline and little evidence of reversal, Kharitonov remains skeptical of any imminent recovery. "Until proven otherwise, I consider ASTS a high-risk play with limited near-term upside," says Kharitonov.

Viktoras Karapetjanc, expert at Traders Union, believes the company remains fundamentally strong, as significant revenue growth and robust cash holdings provide a secure foundation for future expansion. He sees the broadening of strategic partnerships and new U.S. Space Force contract as meaningful drivers of long-term opportunity. Despite recent price weakness, Karapetjanc argues the bullish structure remains intact and further growth is expected as product rollouts gain traction. He anticipates that investor sentiment will shift once operational milestones are met. "Current volatility offers fresh setups for those seeking exposure to the space connectivity theme," says Karapetjanc.

Jainam Mehta, market strategist, sees mixed technical signals for AST SpaceMobile. The persistent gap down and bearish alignment of moving averages point to seller dominance, while the neutral readings in key oscillators suggest potential for a tactical bounce. He notes the high short-term volatility, recommending caution for trend-following traders. "A break above $38.11 could trigger momentum plays, but I see more appealing risk-reward if price approaches the $32.64 support zone," says Mehta.

Persistent bearish momentum as price remains below key technical levels

AST SpaceMobile trades below its 20-day, 50-day, and 200-day moving averages at $39.65, $51.74, and $75.22 respectively, signaling persistent seller control across all timeframes. The nearest resistance is marked by the day's high at $38.11 and the Ichimoku Kijun at $46.21, while the near-term floor is defined by the day's low at $32.64 with moving averages aligned bearishly over the long term. The MACD and ADX continue to point to sell conditions, with both RSI and CCI neutral. The Stochastic RSI is in the overbought zone, suggesting a risk of short-term overheating. Bull/Bear Power (BBP) at 0.15 indicates mild intraday buying, while the Awesome Oscillator (AO) is neutral. Current price is $36.18, roughly mid-range for the day after a 9.18% downside gap, as volatility remains elevated and momentum signals show short-term divergence.

Previously it was reported that AST SpaceMobile's near-term outlook was supported by strong liquidity and major partnerships, but technical conditions showed signs of short-term overheating. The current sustained weakness below all key moving averages and a high probability of further downside shift the focus to $32.64 as the next critical support to monitor.

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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