Overview
- Shares reached $104.80 on Thursday for a new 52-week high, extending a roughly 382% 12‑month gain as sentiment also benefits from a recent U.S. executive order favoring commercial space.
- BlueBird 6, the largest commercial communications array in low Earth orbit at nearly 2,400 square feet, is designed to deliver peak speeds up to 120 Mbps directly to standard smartphones.
- Management targets 45–60 satellites in orbit by the end of 2026 to move from demonstration toward broader service coverage.
- AST expanded production capacity to about 500,000 square feet across Texas and Florida and doubled its workforce to more than 1,800 to support rapid buildout.
- Despite agreements with 50+ mobile operators covering nearly 3 billion subscribers, the stock holds a consensus Hold rating with an average target near $75, including B. Riley at $105 and Scotiabank at $45.60.