AST SpaceMobile Rebounds as Market Weighs Missed Milestone and FCC Approval

Overview

• Shares rose 8.99% to $69.69 in the latest session, recovering part of a 4.01% slide that left the stock at $65.74 the day before, according to Benzinga Pro.
• Traders zeroed in on a proxy disclosure that tied 2025 pay to execution goals and marked a “number of satellites in orbit” target due by February 2026 as “Not Achieved,” which wiped out part of CEO Abel Avellan’s stock award.
• The FCC granted authorization on April 22 to deploy and operate up to 248 satellites, giving the company a key regulatory clearance to scale service.
• AST SpaceMobile aims to link standard, unmodified mobile phones to space using its BlueBird low Earth orbit satellites, so delays in launches and deployment directly slow when real coverage can start.
• Near term focus shifts to the May 11 earnings report, where analysts expect a loss of 21 cents per share on $36.91 million in revenue, while technical readings still lean bearish with the stock below key moving averages and MACD under its signal line.