Why Is AST SpaceMobile Stock Falling on Friday? - AST SpaceMobile (NASDAQ:ASTS)

AST SpaceMobile (ASTS) shares fell 15% to $49 after SpaceX announced an $8B spectrum deal, seen as a threat to traditional carriers. CEO Abel Avellan defended AST's spectrum advantages, citing partnerships and spectrum assets. Analysts maintain a Moderate Buy rating with an average price target of $86.42, implying 77% upside.

AST SpaceMobile (ASTS) shares fell 13.59% to $49.195 on October 9, 2026, after the FCC approved SpaceX's 15,000-satellite network. ASTS faces launch delays, a $125.9M write-off, and reduced revenue expectations. Analysts have mixed views, with Roth MKM maintaining a $108 price target.

AST SpaceMobile (ASTS) shares fell 6-12% after SpaceX acquired Grain Management's $8B spectrum portfolio, crucial for ASTS's direct-to-device network. ASTS faces delays, earnings misses, and litigation but has mid-band deals and telco alliances. Analysts' price targets average $85-$87.

AST SpaceMobile (ASTS) CEO Abel Avellan claimed the company can deploy 1,000 MHz of low- and mid-band spectrum via its satellite network, offering peak data rates of nearly 200 Mbps. Shares fell 15% to $49.19 after SpaceX (SPCX) acquired 800 MHz of low-band spectrum for $8 billion, seen as a competitive threat. Analysts rate ASTS a Moderate Buy with an average price target of $86.42.

AST SpaceMobile (ASTS) shares fell 12% as SpaceX acquired 800 MHz spectrum licenses, increasing competition. ASTS delayed satellite deployment to 2027. Investor The Techie remains optimistic, citing ASTS's partnerships and $1.3B backlog. Analysts are divided, with a consensus target of $86.98, implying 72% upside.

AST SpaceMobile (ASTS) fell 12% after SpaceX acquired 800 MHz spectrum licenses, intensifying competition. ASTS delayed satellite deployment to 2027. Analyst The Techie remains optimistic, citing ASTS's partnerships and $1.3B backlog. Wall Street is split, with a $86.98 avg. price target, implying 72% upside.