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Summary
AST SpaceMobile (ASTS) closed at $36.89 on November 9, 2026, up 14.10% and 11.36 percentage points ahead of the Nasdaq.
The Motley Fool tied the gain to the Rakuten AST joint venture in Japan, which the company's filing says expects a government grant of up to about $938.0 million.
Third-quarter results came after the close, with revenue of $42.3 million and a loss of $0.44 per share, both below analyst estimates per Investing.com.
Gotrade News - In the latest AST SpaceMobile stock news, AST SpaceMobile (ASTS) closed at $36.89 on Monday, November 9, 2026, up 14.10% in the US session. The Motley Fool tied the gain in AST SpaceMobile stock to a joint venture with Japanese carrier Rakuten to bring satellite cell service to Japan.
ASTS Trading Data
Data
Value
Closing price
$36.89
Change
+$4.56 (+14.10%)
Previous close
$32.33
Open
$33.49
Day range
$32.26 to $38.20
Volume
27.7 million shares
30-day average volume
17.6 million shares
52-week range
$27.58 to $133.86
Regular-session close on Monday, November 9, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since November 10, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
The stock opened at $33.49 and traded between $32.26 and $38.20, closing $4.63 above the day's low but short of its session high. Volume reached 27.7 million shares, 57.28% above the 17.6 million average.
All three major US indices rose. The Nasdaq Composite gained 2.74% to 25,253.14, the S&P 500 rose 2.35% to 7,549.94 and the Dow Jones Industrial Average added 2.15% to 52,389.75, while the US 10-year Treasury yield edged up 0.5 basis points to 4.86%. AST SpaceMobile beat the Nasdaq by 11.36 percentage points and outpaced fellow satellite operator SpaceX (SPCX), up 5.81%, and quantum computing company IonQ (IONQ), up 8.34%.
Even after the jump, the shares closed 72.44% below their 52-week high of $133.86 and 33.76% above their 52-week low of $27.58.
According to The Motley Fool, the stock rose on the joint venture with Rakuten, a partner since 2020. The venture, Rakuten AST, will be controlled by Rakuten and use AST's satellites to extend cell service to areas with poor coverage and to keep people connected during disasters.
Per AST SpaceMobile's quarterly report filed with the SEC, the two companies agreed on November 6, 2026 to set up Rakuten AST in Japan, with Rakuten holding 51% of the voting shares and AST 49%. The filing says Japan's Ministry of Internal Affairs and Communications selected the Rakuten-led proposal for its J-LEO satellite project, and the venture expects a grant of up to JPY 148.0 billion, about $938.0 million, over roughly three years. AST will supply the satellites and receive a one-time software license fee of $75.0 million. The Motley Fool noted that the government funding itself had been known since a June bid.
Third-quarter results came after the close, so the earnings report did not drive the session. According to the company's third-quarter release, revenue rose to $42.3 million from $14.7 million a year earlier, and the net loss attributable to common stockholders was $132.4 million, or $0.44 per share. As reported by Investing.com, revenue fell short of the $47.9 million analysts expected, and the loss was wider than the $0.40 per share consensus.
ASTS Stock Analysis: Supporting Factors and Risks
Supporting Factors
The Rakuten AST venture gives AST a satellite supply agreement and a one-time $75.0 million license fee, per the 10-Q.
The company kept its full-year revenue guidance of $150.0 million to $200.0 million and held about $3.2 billion in cash, cash equivalents and restricted cash, according to its release.
AST says it is targeting about 45 BlueBird satellites in orbit by mid-2027 and nationwide intermittent service in the US and other key markets before the end of 2026.
Risks
Q3 revenue and loss per share both missed analyst estimates, per Investing.com, and the company remains loss-making.
Its plans depend on launches, and the 10-Q flags the risk that AST may not be able to launch its satellites, or operate them after launch, successfully.
The 10-Q also discloses a putative securities class action filed on September 14, 2026, plus two derivative lawsuits filed on October 21 and November 5, 2026.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
