ASTS at $115 Gains Steam With Yearly High of $129 in Sight

$AST SpaceMobile, Inc.(ASTS)$

AST SpaceMobile, Inc.(ASTS) Soared +10.72%: Satellite Broadband Leader Reclaims $115, Testing Yearly High

Latest Close Data

Closed at $115.76 (ET, 2026-02-03), surging +10.72% (+$11.21). Now just 10.9% below its 52-week high of $129.89.

Core Market Drivers

Strong buying momentum was driven by renewed optimism in the company's direct-to-device satellite broadband service expansion plans.
Positive sector sentiment, fueled by successful competitor launches and increased global connectivity demand, provided a macro tailwind.

Technical Analysis

Volume of 15.66M shares (Volume Ratio: 1.04) confirms solid participation in the rally.
The MACD (DIF: 8.73, DEA: 9.29, MACD: -1.13) remains negative but shows signs of potential bullish convergence as DIF tries to turn up.
RSI-6 at 56.68 has bounced sharply from near-oversold levels (42.99), indicating strong short-term momentum.

Key Price Levels

Primary Support: $104.48 (Recent swing low & previous close).
Strong Resistance: $129.89 (52-Week High).
Immediate Pivot: $115.68 (Recent resistance, now being tested as support).

Valuation Perspective

The stock trades at a P/S (TTM) of 2305.51, reflecting its pre-revenue, high-growth phase typical for satellite tech disruptors. Forward P/E is deeply negative at -119.60, emphasizing the focus on future cash flows over current earnings.

Analyst Targets

Coverage from 10 analysts shows a mixed but cautiously optimistic view. The average price target is $87.85 (currently below market price), with a high of $137.0. Consensus is split (5 Buy, 5 Hold, 2 Underperform).

Weekly Outlook

Expect consolidation between $108 and $120 in the coming week. A decisive close above $116 could target the $125-$130 zone, while a break below $104 may signal a retest towards $100.

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