AST SpaceMobile Shares Close at $32.33 Ahead of Third-Quarter Results
Key Facts
AST SpaceMobile shares closed at $32.33 on November 6, 2026, according to EL7 data, the latest session listed in the available price record ahead of the results announcement. The documented information does not include a reading for the November 9 session or establish that the stock rose that day. It was also not possible to verify an explanation of the move as short covering, so the move cannot be attributed to that factor. Investors are focused on third-quarter results and the updates the company will provide on revenue and execution of its satellite plans. Those priorities include launch cadence, service development and the financing needed to expand the network.
Previous closes show successive declines in the sessions before November 6. The stock ended the November 5 session at $30.20, after closing at $35.62 on November 4. It had closed at $37.15 on November 3 and $36.33 on November 2. The November 6 close was therefore higher than the previous day’s level, but remained below the closes on November 2, 3 and 4. These levels place the latest session’s price within a volatile path over the week, without establishing the direction of the November 9 session or the cause of any move that day.
The anticipated results follow second-quarter 2026 revenue of $31.5 million from commercial and government customers, according to a company filing. AST SpaceMobile said the figure was consistent with its plan to increase revenue quarter by quarter during the year. Analysts expected a loss of $0.40 per share and revenue of $47.94 million for the third quarter, according to estimates reported by Reuters via Investing.com. Those estimates compare with a loss of $0.77 per share and revenue of $31.52 million in the second quarter, according to the same source. The company also maintained its 2026 revenue guidance of between $150 million and $200 million in its second-quarter update, saying it was on track to achieve it.
The volume of contracted revenue is another indicator of the commercial activity the company is seeking to convert into actual revenue. AST SpaceMobile said the value of contracted revenue with commercial partners, together with U.S. government contract awards, was about $1.30 billion in its second-quarter update. It also reported partnerships with more than 60 mobile network operators worldwide. Those partners’ networks collectively cover more than 3 billion subscribers, according to the company’s filing. These figures remain tied to the company’s ability to deploy satellites and launch service; Reuters reports that the company acknowledged it would not meet its goal of reaching 45 satellites by the end of 2026.
The launch schedule puts pressure on the project’s commercial timeline. Analysts expect fewer than 20 satellites to be in orbit by December 2026, according to Reuters, and a slower launch cadence has pushed the timing of commercial service to 2027. By contrast, the company said in its second-quarter update that it continued to make progress toward a trial service during 2026. It added that it had activated the first 3,000 digital cells in the continental United States as part of its work on the trial service. The upcoming results and operational updates will show how far the company has progressed against its stated path, including the gap between its trial-service target and expectations for a delay in commercial service.
On launch capacity, the company said agreements with third-party launch providers now cover more than 100 BlueBird satellites expected to be deployed cumulatively during 2027 and 2028. It said it would continue using those providers alongside the Blacklift rocket. It also scheduled an event in New York to unveil the rocket on November 12, 2026. The date follows the recorded closing session on November 6 and adds a near-term milestone to the company’s operational calendar. The event provides an opportunity to present launch plans, while satellite numbers and deployment dates remain among the key execution details investors are watching.
The company enters this phase with cash reserves it said exceeded $3.7 billion, including cash, cash equivalents and restricted cash, on a pro forma basis as of June 30, 2026. That figure dates to the end of the second quarter and is not a more recent measure of liquidity. With third-quarter revenue expectations and annual revenue guidance in view, the upcoming results will allow investors to track commercial performance alongside network and launch plans. The operational context includes the company’s announcement that it would continue relying on third-party launch providers in parallel with Blacklift, under agreements covering satellite deployment during 2027 and 2028. The company’s next announced date is the Blacklift unveiling event on November 12.