Deutsche Bank Upgrades, Piper Sandler Downgrades AST SpaceMobile Amid Satellite Launch Delays

AST SpaceMobile (NASDAQ: ASTS) has seen its stock fall nearly 26% over the past week despite a brief pop on Monday. Deutsche Bank upgraded the satellite communications company to 'buy,' citing undervaluation and potential shifts in telecom partnerships due to SpaceX's own direct-to-cell network ambitions. However, Piper Sandler downgraded AST SpaceMobile to 'neutral,' highlighting concerns about its reliance on SpaceX for launching satellites—now also a competitor. AST needs 45–60 satellites in orbit across select markets but faces delays and dependency issues with launch providers currently grounded or unavailable. Deutsche Bank analyst Bryan Kraft argues the stock is undervalued, while Piper Sandler's Alexander Potter emphasizes operational risks tied to satellite deployment timelines.

By Rich Smith · Motley Fool · October 13, 2026, 16:27 UTC

Tickers: $ASTS $SPCX

Topics: AST SpaceMobile Deutsche Bank Piper Sandler satellite communications stock upgrades

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Part of the story Deutsche Bank upgrades AST SpaceMobile as it dismisses SpaceX spectrum threat (2 articles)