Analysts at investment bank Deutsche Bank have outlined some aggressive share price targets for would-be global Direct-to-Device (D2D) satellite operator AST SpaceMobile.

The current share price target is an already bullish $81 (€70) per share. AST’s shares are trading at about $58-$65 per share, with the market in general awaiting the upcoming mid-December launch of AST’s latest satellite, its BlueBird 6 craft. There’s little doubt that a successful launch will help boost its share price to nearer $80 which it has already achieved in early November.

However, the bank’s report looks at the likely progress for 2027 and 2028 and suggests that for next year shareholders could anticipate a share value of $97.20. By 2028, Deutsche Bank suggests that AST’s shares could be trading at $116.64.

Some vocal shareholders say that this price is too low, however, They argue that AST’s share price by the end of 2026 – when the company is earning actual revenues – should be much higher.

Nevertheless, the bank’s current forecast could well be cautious. A report from May 2024 was even more optimistic and talked about a share price in 2027 of $672.21. Time will tell.

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Categories: Blogs, Business, Inside Satellite, Satellite

Tags: AST SpaceMobile, Deutsch Bank