Deutsche Bank Upgrades AST SpaceMobile to Buy With Massive Upside Potential

AST SpaceMobile (ASTS) shares fell 5% in premarket trading after Piper Sandler downgraded the stock to Neutral from Overweight, citing competition from SpaceX and potential satellite launch delays. The firm cut its price target to $54 from $98. Piper Sandler expressed concerns about AST SpaceMobile's ability to deploy its commercial satellite network on schedule in 2026-2027, but maintained a positive long-term outlook.

AST SpaceMobile (ASTS) shares fell 5% premarket after Piper Sandler downgraded it to Neutral, citing SpaceX's D2C competition. The firm cut its price target to $54 from $98, citing launch delays and pricing pressure. Piper Sandler remains optimistic long-term, noting SpaceX's moves may boost demand for AST SpaceMobile's services.

AST SpaceMobile (ASTS) completed its BlueBird 13 satellite launch and plans to launch BlueBird 14–16. The company reported Q2 revenue of $31.5M and expects 2026 revenue between $150M and $200M, with a backlog of ~$1.3B. Deutsche Bank upgraded ASTS to Buy with a $93 target, citing spectrum value and catalysts. ASTS aims for long-term rights to Ligado’s L-band spectrum in the U.S. and Canada. The stock jumped about 5% intraday to ~$53.5.

Deutsche Bank upgraded AST SpaceMobile (ASTS) to Buy, citing a 82% upside to $93. The stock rose 5% to $53.49 after a 10% drop on Friday. Analyst Bryan Kraft sees potential for T-Mobile to switch to AST, and notes government and Japan catalysts. SpaceX's spectrum deal sparked the sell-off, but Deutsche Bank views it as a buying opportunity.

AST SpaceMobile (ASTS) rose 5% after Deutsche Bank upgraded it to Buy, citing a misinterpretation of SpaceX's spectrum acquisition. The bank set a $93 price target, implying 82% upside from Friday's close of $50.97. Shares had dropped 10% on Friday after SpaceX's spectrum purchase announcement. Deutsche Bank argues the purchase does not threaten AST SpaceMobile's business model, which partners with mobile network operators.

AST SpaceMobile Inc. (ASTS) shares rose 5.42% after Deutsche Bank upgraded its rating to Buy, citing unnoticed catalysts and spectrum value. Analyst Bryan Kraft maintained a $93 price target, noting T-Mobile may switch from Starlink to AST SpaceMobile for direct-to-device service. The stock had dropped 65% since May due to launch delays and valuation concerns.