$AST SpaceMobile(ASTS.US) | BofA on AST SpaceMobile: 'rising competitive threats and recent launch delays offset longer term potential'
"The agreement could be read positively on the margin for ASTS as it potentially expands the pool of carrier relationships. However, near term drivers of the stock are satellite launch cadence (ASTS is targeting 45 satellites YE26) and service revenue generation. Enthusiasm around LEO businesses is undoubtably positive and ASTS’ strong mobile service operator (MSO) relationships are a solid foundation to build revenue. However, rising competitive threats and recent launch delays offset longer term potential and near-term headline driven performance and keep us Neutral."The copyright of this article belongs to the original author/organization.
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