Analysts upgraded AST SpaceMobile to Strong Buy and set a fair-value target of $140 per share.
Manufacturing issues have delayed satellite launches. The company now expects its full 45-satellite constellation to be in place in early 2027. AST still anticipates offering intermittent service in the U.S. by the end of 2026.
Analysts cited the company’s partnerships with mobile network operators and solid financial position as reasons for confidence in its long-term prospects. The stock recently hit a 52-week low amid execution delays and growing competition from SpaceX’s Starlink.
Investors were also reminded of an upcoming deadline in a securities class action lawsuit related to past financing disclosures.