Out Fox The $treet

Update - July 13, 2026 ASTS  facing support between $65 and $67.50. If the stock doesn't hold here, watch out below. The SpaceX IPO  was the alarm bell at the top in the space sector.  Original article posted on June 1 AST SpaceMobile continues running out of a way to meet targets for launching a space-based broadband network in the next year. Despite a $44B market cap, ASTS has minimal revenues, no operational satellite network, and faces major launch delays after the Blue Origin explosion. The company faces a competitive threat from Starlink Mobile, while the demand for D2D satellite services to cover dead zones has been very minimal. The stock remains irrationally priced considering the lack of anything close to a satellite network and major questions regarding ultimate demand. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » AST SpaceMobile, Inc.  ( ASTS )...

Update - Sept. 9 AST SpaceMobile appears headed back down to $25. The UBS downgrade following the Starlink purchase of Echostar spectrum is the final straw.  Shares of AST SpaceMobile slipped nearly 8% during early trading hours on Tuesday as UBS downgraded the company to Neutral from Buy, mainly due to increasing competitive concerns. UBS said ASTS Will be a leader in the emerging space-to-cellular  broadband market on the back of its technology, carrier relationships and ability to link unmodified devices using multiple spectrum bands. The brokerage firm also lowered its price target to $43 from a previous price target of $62. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Original article posted on Aug. 13  AST SpaceMobile continues to miss satellite launch targets, delaying commercial service and raising doubts about execution. Competitive threats from Starlink an...