ASTS gains 8% in 3 months as it advances space-based cellular tech, but high costs, competition, and rich valuation warrant caution.
This article aims to evaluate the 2026 outlook while examining the shifting competitive landscape for ASTS as Blue Origin joins Starlink in the race for space-based connectivity. Despite this intensifying rivalry, my core investment thesis remains intact, and I am reiterating a "Buy" rating. My conviction is underpinned by ASTS's robust ecosystem of over 50 partners and a contracted revenue backlog exceeding $1.2 billion.
AST SpaceMobile (ASTS) reported earnings 30 days ago. What's next for the stock?
AST SpaceMobile, Inc. (ASTS) closed the most recent trading day at $78.67, moving 10.46% from the previous trading session.
AST SpaceMobile, Inc. (ASTS) concluded the recent trading session at $87.86, signifying a -8.54% move from its prior day's close.
AST SpaceMobile (NASDAQ:ASTS) stock rose 12% in Wednesday morning trading, bouncing from yesterday's 4% decline.
AST SpaceMobile (NASDAQ:ASTS) stock and Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) stock both took a temporary hit Tuesday, declining 4% before recovering partially or fully.
The latest trading day saw AST SpaceMobile, Inc. (ASTS) settling at $89.93, representing a -4.42% change from its previous close.
Viasat emerges stronger than AST SpaceMobile on valuation, growth stability and performance, making it the more compelling satellite stock pick now.
It's time to upgrade AST SpaceMobile (ASTS) to Buy, with 2026 launches pivotal for business model validation and long-term revenue realization. ASTS holds a $1.2 billion contracted backlog, but near-term revenue conversion will be modest; focus should remain on successful satellite launches through 2026. Execution risks remain elevated due to steep valuation (147x forward revenue), competitive threats from SpaceX, and the need to meet aggressive deployment targets.
AST SpaceMobile stock surges 181% in a year, fueled by BlueBird 6's launch, telecom partnerships and U.S. contracts, but high costs and premium valuation raise risks.
AST SpaceMobile generated $70.9 million in 2025 revenue, mainly from mobile operator partnerships and U.S. government contracts, proving it is no longer pre-revenue. The company plans to launch 45–60 satellites by the end of 2026, deploying roughly one to two satellites per month to enable continuous service. ASTS has built a strong ecosystem with 50+ telecom partners, nearly 3 billion potential subscribers, and over $1.2 billion in contracted backlog.