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AST SpaceMobile ( (ASTS) ) just unveiled an update.
On June 23, 2025, the U.S. Bankruptcy Court approved a transaction between AST SpaceMobile and Ligado Networks, granting AST SpaceMobile long-term access to up to 45 MHz of lower mid-band spectrum in the U.S. and Canada for satellite applications. This transaction, part of Ligado’s restructuring, enhances AST SpaceMobile’s space-based network capabilities and positions the company to deliver peak data transmission speeds of up to 120 Mbps. The transaction involves a $550 million consideration, with $535 million allocated to Inmarsat, and is subject to regulatory approvals and other conditions. The deal will significantly increase AST SpaceMobile’s indebtedness and annual cash spend, but it also offers substantial synergistic benefits.
The most recent analyst rating on (ASTS) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.
Spark’s Take on ASTS Stock
According to Spark, TipRanks’ AI Analyst, ASTS is a Neutral.
AST SpaceMobile’s overall score reflects a company with promising strategic initiatives but facing significant financial and operational challenges. The financial performance is notably weak, characterized by negative profitability and cash flow issues. Technical indicators suggest some upward momentum, but valuation metrics and regulatory hurdles present concerns. Despite these challenges, positive developments in strategic partnerships and a solid cash position offer potential upside.
To see Spark’s full report on ASTS stock, click here.
More about AST SpaceMobile
AST SpaceMobile is developing the first and only global cellular broadband network in space, designed to operate directly with standard, unmodified mobile devices. The company focuses on both commercial and government applications, aiming to eliminate connectivity gaps and bring broadband to unconnected populations worldwide.
Average Trading Volume: 12,477,943
Technical Sentiment Signal: Buy
Current Market Cap: $16.4B
For detailed information about ASTS stock, go to TipRanks’ Stock Analysis page.