BofA Securities reiterates Neutral rating on AST SpaceMobile stock

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold slips on stronger dollar; safe haven demand remains strong amid Iran conflict Oil extends move higher on concerns over Strait of Hormuz; more supply coming? Wall Street slumps at the open as Middle East conflict widens After FOUR 60%+ wins - a new list of AI-picked stocks for March IS LIVE NOW FLASH SALE (South Africa Philippines Nigeria) FLASH SALE BofA Securities reiterates Neutral rating on AST SpaceMobile stock By Analyst Ratings Published 03/03/2026, 10:45 AM BofA Securities reiterates Neutral rating on AST SpaceMobile stock 0 ASTS 3.79% Investing.com - BofA Securities reiterated a Neutral rating on AST SpaceMobile Inc. (NASDAQ:ASTS) with a $100.00 price target. The stock currently trades at $88.80, up 239% over the past year, though InvestingPro analysis suggests the shares may be overvalued relative to its Fair Value estimate. The firm noted that key topics for the company’s fourth-quarter earnings included expected satellite launch and manufacturing cadence, associated build costs, and 2026 guidance. AST SpaceMobile expects to launch BlueBird 7 in March 2026. Following the BlueBird 7 launch, the company expects to launch 3, 4, 6 and 8 satellites per launch, with 45 satellites in orbit by year end. BofA Securities expects partial service will begin in the second half of 2026 and full service in early 2027. AST SpaceMobile exited 2025 having reached a production capacity to support up to six satellites worth of micron and phased array per month. The company has secured more than $1 billion in contracted revenue commitments from various mobile network operators. Revenue surged over 1,500% in the last twelve months, with analysts forecasting continued strong growth. For deeper insights into ASTS’s growth trajectory and financial health, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities. AST SpaceMobile is also competing for additional governme...