AST SpaceMobile's stock is steady after B.Riley lowered its price goal to $65 from $85.

Oct 2, 2026, 9:27 AM ETOpinionRead the original at Benzinga

Neutral

B.Riley cut AST SpaceMobile's rating and target, citing launch delays, rising costs, and new rivals. Satellite progress is real, but missing customer-use and pricing data leaves the company's outlook mixed.

ASTS · AST SpaceMobile Inc.

AI read · Neutral

The AI's read

The satellite work shows the network is being built, but it does not show how many customers will use it or what they will pay. Launch delays, rising costs, and new rivals add concerns. These risks and the progress point in different directions, so the report does not support a clear change in AST SpaceMobile's outlook.

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