AST SpaceMobile Sinks 9% as Piper Sandler Cuts to Neutral on SpaceX Direct-to-Cell Threat; Planet Labs Drops 4%, Rocket Lab Slips

AST SpaceMobile’s stock is feeling the heat from SpaceX’s wireless plans

AST’s commercial rollout could face delays due to satellite-launch challenges and SpaceX’s growing ambitions, an analyst warns.

AST SpaceMobile Sinks 9% as Piper Sandler Cuts to Neutral on SpaceX Direct-to-Cell Threat; Planet Labs Drops 4%, Rocket Lab Slips

Piper Sandler and Deutsche Bank looked at the same SpaceX spectrum threat and reached opposite conclusions about AST SpaceMobile, and the split verdict is now forcing investors to pick a side as a critical satellite launch sits on the launchpad.

Can Investing in AST SpaceMobile Stock Double Your Money?

Key PointsAST SpaceMobile stock is down big this year, as the risk SpaceX poses has been weighing on its valuation.The stock is still trading at a significant premium with respect to revenue.The company has some exciting growth opportunities, but it's also unprofitable and faces plenty of uncertainty ahead.10 stocks we like better than AST SpaceMobile › It's been a disastrous year for AST SpaceMobile (NASDAQ:ASTS). The space stock has plummeted …

ASTS stock drops 9.07% as bearish daily and hourly signals persist

ASTS stock has a bearish daily setup, with AST SpaceMobile trading below all three daily exponential moving averages and the lower Bollinger band. The hourly chart confirms that bias. However, oversold intraday readings complicate short-term timing without establishing a bullish case. ASTS