AST SpaceMobile: Competitive Risks Coming To The Fore (Rating Downgrade)
- AST SpaceMobile successfully launched five BlueBird satellites, marking a crucial step in its commercialization phase, yet the stock remains below the long-term target of $40.8, and is on a downtrend.
- The focus may have shifted to competitive risks, with potential volatility also expected due to the revolutionary cell tower in space technology and high market expectations.
- ASTS's direct-to-cellular approach, partnerships with major MNOs, and vast patent portfolio provide a competitive edge over Lynk Global.
- The stock's declining P/S ratio and share price suggest market repricing.
- Most importantly, Elon Musk's competing Starlink could obtain an enhanced role in President Trump's commitment to expanding the internet to Rural America, at the detriment of ASTS.
Just_Super
Since I last covered AST SpaceMobile (NASDAQ:ASTS) in September, it has successfully launched five BlueBird satellites in low earth orbit, marking an important step in the path toward commercialization. The stock rocketed by above 15% but, at
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