Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]

AST SpaceMobile has received another boost from an investment bank. Bank of America has given a price target of $55. What’s somewhat remarkable is that the Bank has only included conventional commercial activity for its ‘Direct-to-Consumer’ space-based cellular service. The Bank has left out potential revenues from Defence or Government demands, both expected to figure […]

Earlier in May the FCC launched a review into EchoStar’s compliance with certain 5G wireless coverage obligations (as part of their efforts to build the fourth national wireless network in the US) and raising questions about the buildout extensions granted in September 2024 and EchoStar’s utilisation of 2GHz mobile-satellite service (MSS) spectrum. EchoStar has filed […]

Analysts at investment bank BNP-Paribas, in a note following the news that CEO Eva Berneke is to be replaced, sid that the company’s guidance that reaffirmed the previous expectations for the year’s trading which ends on June 30th is good news. French business newspaper La Tribune saidthat Eutelsat’s “fragile situation has become a top priority […]

Last week’s SES results and subsequent analysts call with the satellite operator have now been examined in some detail. One analyst from investment bank BNP Paribas has digested the slew of information and explains why the full-year numbers turned out to be ahead of consensus. The end result from Sami Kassab is to reaffirm its […]

The recent successful ‘direct-to-device’ test video calls by AT&T and Verizon using AST SpaceMobile’s (AST) satellites has prompted analysts at investment firm B Riley Securities to upgrade their advice to clients. Their core guidance rating is ‘Buy’ and the firm says that AST is gaining momentum because of the space-based video calls. This advice, given […]

Analysts at investment bank BNP Paribas have issued their thoughts on satellite operator Eutelsat’s current predicament and have advised clients that their rating on the Paris-based business is ‘underperform’ as far as shareholders are concerned. But worse, in that the bank’s Sami Kassab, in the past a supporter of satellite stocks, has issued a target […]

Investment bank ScotiaBank, a recent fan of satellite-to-cellular operator, has lowered its price target for AST SpaceMobile from its previous $44.70 to $40.20. The bank maintains its ‘Sector Outperform’ advice to clients for the stock. ScotiaBank’s price expectation is in the mid-range of the $15 to $53 currently suggested by other investment banks and analysts. […]

Investment bank BNP Paribas, in a major study of Europe’s media and media-related activity, has also looked at the wider satellite sector. Analyst Sami Kassab said that satellite operators’ shares had a mixed performance in 2024. That comment might be seen as an understatement. “Incumbent satellite operators (Viasat, Eutelsat, SES, Iridium) have continued to see […]

Investment bank JP Morgan has lowered its Eutelsat share price target from €3 to just €2.80 (and ‘SELL/Underweight’ advice to clients). The move prompted a share sell-off and a rapid collapse and its already extremely low share price fell back from about €3 on Nov 28, to a low point of €2.84 on the 29th […]