AST SpaceMobile (ASTS) shares have fallen more than 40% in 2026. The stock is trading near its 52-week low. The decline has been attributed to company-specific issues, including launch failures and a securities lawsuit, while satellite industry peers have gained.
Roth MKM analyst Scott Searle maintained a Buy rating and a $108 price target. The target implies potential upside of approximately 158%.
Searle’s bullish outlook is based on AST SpaceMobile’s plan to have 45 satellites in orbit by early 2027. The plan is projected to generate nearly $1 billion in the company’s first full year of commercial service. Analyst consensus points to potential upside of 77%.