AST SpaceMobile Announces $225M Convertible Notes Repurchase

AST SpaceMobile ( (ASTS) ) just unveiled an announcement.

On June 25, 2025, AST SpaceMobile announced the pricing of a cash repurchase of $225 million of its 4.25% convertible notes due 2032 and a registered direct offering of 9.45 million shares of Class A common stock. This strategic move aims to reduce the company’s debt and cash interest obligations, with the repurchase and offering expected to close around July 1, 2025. The transactions are expected to enhance shareholder value by retiring half of the convertible notes at an attractive price, while also impacting the trading price of the company’s stock due to potential market activities by note holders.

The most recent analyst rating on (ASTS) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.

Spark’s Take on ASTS Stock

According to Spark, TipRanks’ AI Analyst, ASTS is a Neutral.

AST SpaceMobile’s overall score reflects a company with promising strategic initiatives but facing significant financial and operational challenges. The financial performance is notably weak, characterized by negative profitability and cash flow issues. Technical indicators suggest some upward momentum, but valuation metrics and regulatory hurdles present concerns. Despite these challenges, positive developments in strategic partnerships and a solid cash position offer potential upside.

To see Spark’s full report on ASTS stock, click here.

More about AST SpaceMobile

AST SpaceMobile is developing the first global cellular broadband network in space, designed to work directly with standard mobile devices. The company aims to bridge connectivity gaps for around five billion mobile users and provide broadband access to those currently unconnected.

Average Trading Volume: 12,185,243

Technical Sentiment Signal: Buy

Current Market Cap: $16.48B

For an in-depth examination of ASTS stock, go to TipRanks’ Overview page.