Is AST SpaceMobile (NASDAQ:ASTS) a buy in 2026?
Hold. AST SpaceMobile is a wait-and-watch at today's price, not a fresh buy.
First-mover in space-to-phone broadband with real contracts, but $34B market cap already prices in flawless constellation buildout through 2028.
Where ASTS is headed
By mid-2028, AST SpaceMobile should have roughly 45-60 BlueBird satellites in orbit, enough to offer intermittent (not continuous) direct-to-smartphone broadband across the US, Europe, Japan, and parts of Africa. That's the destination the current $34B market cap is paying for. The revenue story shifts from government and engineering services contracts (the lumpy stuff funding them today) to monthly recurring revenue split with AT&T, Verizon, Vodafone, Rakuten, and a list of 50-plus telco partners covering 2.8 billion subscribers. Even if just 1% of those subs pay $5/month for emergency or rural coverage, that's $1.7B in annual partner-shared revenue. AST keeps roughly half. That's a real business.
Read the full Compass Direction on ASTS
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $88.71).
See the full ASTS analysisGet calls like this, free
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Frequently asked questions
Is AST SpaceMobile (NASDAQ:ASTS) a buy in 2026?
Hold. AST SpaceMobile is a wait-and-watch at today's price, not a fresh buy. First-mover in space-to-phone broadband with real contracts, but $34B market cap already prices in flawless constellation buildout through 2028.
What is ASTS's Compass Score?
AST SpaceMobile scores 69/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for ASTS?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the ASTS page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.