Overview
- Bank of America raised its price target to $100 but kept a neutral rating, saying it needs proof of full production, successful operation and paying subscribers.
- Shares jumped 244% in 2025 and surged 32% in the first three trading days of 2026 before sliding about 11% after a Scotiabank downgrade to sell.
- AST SpaceMobile has six satellites in orbit, including the large BlueBird 6 array, and needs roughly 40–50 additional satellites to cover the U.S., Europe and Japan.
- Recent twelve‑month free cash flow was about negative $1.08 billion, with analysts and coverage noting minimal current revenue.
- Partnerships include Verizon, the U.S. government and more than 50 mobile operators covering nearly 3 billion subscribers, while critics flag competition from Starlink and project positive free cash flow no earlier than 2028–2029.