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AST SpaceMobile drops 55% but keeps strong long-term growth potential with major carrier partnerships.

Analyst Insights
24 Sep 2026
Seeking Alpha
View Source
Bullish
AST SpaceMobile drops 55% but keeps strong long-term growth potential with major carrier partnerships.

AST SpaceMobile's stock has fallen about 55%, reflecting a reset in execution rather than a failure of its core business model. The company has secured partnerships with over 60 carriers, providing access to 3 billion subscribers and building a strong competitive advantage. Management plans to deploy 45–60 satellites to ensure continuous coverage in key markets, with deployment pace being crucial to commercialization success. ASTS holds $1.3 billion in backlog and benefits from government awards and potential funding, with consensus revenue projected to reach $2.63 billion by 2029 if execution remains on track.

As of Sep 25, 2026 00:31 WIB, AST SpaceMobile (ASTS) trades at USD 62.90 on Pluang, showing a 1-day gain of 4.87%. Despite recent stock volatility noted in the article, the company holds a significant market cap of $17.98 billion. Pluang data also shows a high sell order activity at 89%, indicating mixed investor sentiment towards ASTS at this time.

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