AST SpaceMobile Stock Slides After Posting Q3 Double-Miss

AST SpaceMobile Inc. (NASDAQ:ASTS) posted its third-quarter fiscal 2026 results after Monday’s closing bell, missing analysts’ earnings and revenue expectations. Here’s a look at the details inside the report. 

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AST SpaceMobile Q3 Details      

AST SpaceMobile reported quarterly losses of 44 cents per share, which missed the consensus estimate for losses of 40 cents, per Benzinga Pro data. 

Quarterly revenue came in at $42.32 million, which missed the Street estimate of $46.64 million.

AST SpaceMobile said that it is “advancing to service readiness with initial, intermittent nationwide coverage expected in key markets by year-end 2026.”

“We advanced several important initiatives to support the global expansion of our space-based cellular broadband network and expect to work with all major mobile network operators in the United States and Europe, providing potential expansion of our commercial ecosystem of over 60 mobile network operators representing over 3 billion subscribers,” said CEO Abel Avellan.

“We expanded our international commercial footprint, strengthened mobile network operator partnerships, and secured additional spectrum and regulatory authorizations,” Avellan added.

Looking Ahead

AST SpaceMobile reaffirmed its fiscal 2026 revenue guidance of $150 million to $200 million, compared to the $166.3 million analyst estimate.

ASTS Stock Price: According to data from Benzinga Pro, AST SpaceMobile stock was down 1.87% to $36.20 in Monday’s extended trading, after gaining 14.1% in the regular session.   

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