First, the good news: AST SpaceMobile has opened an $800 million ‘At The Market’ offering of new shares to a cluster of banks. The money is now available as needed by AST and if fully drawn down is equal to about 3 per cent of the shares issued. It means that AST is sitting on […]

Satellite operator SES will unveil its latest quarterly numbers on Monday morning (October 6) but investment analysts at Deutsche Bank has upgraded the company with a ‘Buy’ rating, citing growth and margin upside from its recent Intelsat acquisition. The bank’s new model for the combined firm shows organic topline growth of 2.3 per cent annually, […]

An 81-page report from investment bank Berenberg on TV production house Banijay Group has issued ‘BUY’ advice to the bank’s clients and a price target of €13.50 (currently about €9) and a potential 52 per cent upside. Limited free float (only 9 per cent) and low coverage (five brokers), as well as a recent listing […]

Analysts at investment bank TD Cowen have issued a note to clients saying that positive news from EchoStar could continue to flow. “EchoStar still owns the highly lucrative 700 and AWS-3 spectrum, in which we note that all three wireless carriers have a robust ecosystem,” TD Cowen analyst Gregory Williams wrote in a note for […]

AST SpaceMobile has received a positive upgrade from Bank of America. The bank has given the would-be broadband-to-consumer satellite operator a share price target of $55 (€46.89). AST is currently trading at about $42. The bank says it has based its target on a Discounted Cash Flow (DCF) analysis and says a DCF valuation is […]

The banking analysts have had time to chew over AST SpaceMobile’s half-year update. The advice given is – at best – mixed. Some analysts have increased their Price Targets while other have reduced or softened their Targets. Recent Analyst Price Target Changes for AST: · B Riley was $44, now $60 · Deutsche Bank was […]

Another investment bank has upgraded its views on AST SpaceMobile – which is planning a global direct-to-cellular satellite broadband service. Roth Capital Partners, headquartered in Newport Beach, California, has raised its share price target for AST to $51 (from $42) and citing the 89 per cent rise in AST’s share price since April. Roth rates […]

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 […]