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AST SpaceMobile stock drops after failed launch but analyst sees 70% upside with upcoming satellite constellation.

Analyst Insights
07 Oct 2026
24/7 Wall Street
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Bullish
AST SpaceMobile stock drops after failed launch but analyst sees 70% upside with upcoming satellite constellation.

AST SpaceMobile's stock fell sharply after a failed satellite launch and six consecutive earnings misses, cutting its value nearly in half. Despite this, Roth MKM analyst maintains a Buy rating with a $108 price target, citing the company's unique space-based cellular network and partnerships with major carriers covering over 3 billion subscribers. The company aims to deploy about 45 satellites by early 2027, expecting commercial service to start then and revenue to approach $1 billion in the first full year. Execution of launches and revenue growth will be key to realizing this optimistic outlook amid strong cash reserves of $3.7 billion.

AST SpaceMobile's stock price stands at USD 61.51, down 2.55% on Pluang as of Oct 07, 2026 20:02 WIB, reflecting ongoing market caution despite the analyst's bullish outlook. The stock's market cap is $18.92 billion, with a high volume of 17,587,380 shares traded and a dominant 99% sell order activity on the platform. This trading activity highlights the tension between the company's ambitious satellite deployment plans and investor sentiment.

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