AST SpaceMobile's stock fell 9% following Piper Sandler's downgrade to Neutral, citing risks from SpaceX's expanding direct-to-cell satellite service that may limit launch availability and pressure pricing. Despite this, Deutsche Bank upgraded AST SpaceMobile, viewing the selloff as an overreaction to SpaceX's spectrum gains. The key issue is whether AST can secure enough satellite launches and carrier partnerships to compete effectively, with a critical BlueBird satellite launch upcoming. Investors remain divided, watching closely for launch success and firm carrier commitments to gauge AST's commercial prospects amid growing competition.
AST SpaceMobile shares dropped 8.74% to USD 46.96 on Pluang as of Oct 13, 2026 22:11 WIB, reflecting investor caution amid competitive pressures. SpaceX's stock also fell 4.06% to USD 156.79, showing some market reaction to the evolving satellite industry landscape. Meanwhile, Planet Labs declined 4.86% to USD 15.19, with high sell activity on Pluang indicating investor skepticism in the sector at this time.
AST SpaceMobile's stock was downgraded to Neutral by Piper Sandler with a $54 price target, slightly above its current $51.46 share price. Meanwhile, Deutsche Bank upgraded the stock to Buy, setting a $93 target, citing a 65% drop from its peak and t...
AST SpaceMobile's stock jumped 4% after its next three BlueBird satellites reached Cape Canaveral, marking progress in its satellite deployment plan. The company aims to have about 45 satellites in orbit by early 2027 to provide direct smartphone con...
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
