AST SpaceMobile Stock Could Follow Voyager Technologies Higher After Earnings -- Barrons.com
Dow Jones2026/08/11 17:43By Doug Busch
Waiting until after an earnings report to buy a stock can reduce some of the risk around the event. If shares gap lower, you avoid the damage. And if they rise, the gains can continue in the days and weeks ahead.
Could AST SpaceMobile track the price action of Voyager Technologies, a high-growth, space-themed peer, which gapped sharply higher after earnings last week and continued to gain in the sessions that followed?
Looking at today's updated price action, the muted reaction is particularly noteworthy given that the options market was pricing in earnings move of roughly 14%. As of late Tuesday morning, the stock was essentially unchanged. With ASTS missing on both revenue and EPS in Monday's after-hours report, avoiding a material decline should be viewed as a bullish sign.
We previously discussed the bearish island reversal that marked the May 29 top following a gap lower, as well as the bullish island reversal that I believe called the Aug. 4 low after an 11% gap higher. Adding to the constructive setup, another doji formed on Aug. 5, suggesting that selling pressure may be nearing an end.
At a minimum, the current setup provides an attractive risk/reward opportunity on the long side, with a clearly defined level to manage risk. I continue to believe the stock could reach $125 by year-end. Remain bullish above $67.
AST SpaceMobile was trading around $70 on Tuesday.
Voyager Technologies, a space play with a defense component, has delivered a strong run since reporting earnings last week. The stock is up 64% year to date and is currently riding an impressive eight-session winning streak, a feat it has achieved only once before in its relatively brief history as a publicly traded company, back in December 2025.
Looking at the daily chart, Voyager has shown strong relative performance on the ratio chart against the Procure Space ETF since the start of June. The stock's momentum accelerated with a powerful 20% earnings-driven gap higher on Aug. 4, marking its third consecutive positive earnings reaction.
The gap also pushed Voyager above its $37.02 double-bottom pivot, further strengthening the technical picture. Round-number theory came into play around the $50 level as the base began to form, while two doji candles on May 26 and June 1 hinted that a pullback could be developing. More recently, a bullish harami formed on July 30, and the stock has not declined since.
Given the sharp recent advance, I would look to enter on a pullback toward $42. I believe the stock could reach $67 by year-end, representing 56% upside from current prices. Remain bullish above $38.
Voyager Technologies was trading around $43 on Tuesday.
Doug Busch is the senior technical analyst at Barron's Investor Circle . His technical view is added to stock picks, including those published exclusively for Investor Circle readers. A glossary of technical terms is updated regularly with new entries.
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
August 11, 2026 13:43 ET (17:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ENS tokenholders approve Foundation to speak for the protocol at ICANN
Stacks launches Genesis Bond, opens enrollment on Sept 10
EIA raises forecasts for Brent crude and refined oil prices: Brent crude average price for 2026 raised by 6.1%, gasoline by 5.9%, diesel by 8.5%
The U.S. Energy Information Administration (EIA) has raised its forecast for the average Brent crude spot price in 2026 from $82 per barrel to $87 per barrel. The forecast for U.S. wholesale gasoline prices has been increased from $2.75 per gallon to $2.91 per gallon, and the forecast for U.S. wholesale diesel prices has been raised from $3.10 per gallon to $3.37 per gallon. The EIA stated that its latest forecast assumes severe shipping restrictions in the Strait of Hormuz will continue until August, and it expects that as Middle Eastern production capacity gradually recovers in early 2027, increased supply will drive oil prices back down.
The hawkish faction of the FOMC now makes up half the committee—will Waller become a "lame duck" chairman?
Currently, a total of 6 Federal Reserve members now tend to support an interest rate hike amid persistently rising inflation data. With 12 voting members in the FOMC, 6 votes are enough to bypass the chairman and directly push for a rate hike. At present, short-term interest rate futures markets have significantly increased their pricing for rate hikes within the year.