In a recent development, AST SpaceMobile (ASTS, Financial) has caught the attention of B of A Securities as the firm initiates coverage on the stock. The announcement was made by analyst Michael Funk on June 25, 2025. AST SpaceMobile is now receiving a Neutral rating following the initiation.
The analyst set a price target of $55.00 USD for AST SpaceMobile (ASTS, Financial). This marks a significant point of interest for investors, as no prior price target was established by B of A Securities. The initiation of coverage indicates a notable recognition of AST SpaceMobile's potential in the market.
While the Neutral rating suggests a balanced outlook on the stock, the price target of $55.00 provides a reference point for market participants considering their investment strategies. AST SpaceMobile (ASTS, Financial) continues to be a stock to watch for further developments and analyst insights.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for AST SpaceMobile Inc (ASTS, Financial) is $42.91 with a high estimate of $64.00 and a low estimate of $30.00. The average target implies an downside of 14.03% from the current price of $49.92. More detailed estimate data can be found on the AST SpaceMobile Inc (ASTS) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, AST SpaceMobile Inc's (ASTS, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
