ASTS Plummets 9.47 on $840M Volume Ranking 107th in Market Activity After UBS Downgrade

On September 9, 2025, , ranking 107th in market activity. The decline followed UBS’s downgrade of the stock to Neutral from Buy, citing intensified competition in the satellite-to-cellular broadband sector. UBS analyst highlighted Starlink’s $19 billion acquisition of EchoStar’s S-Band spectrum as a pivotal shift, potentially pressuring ASTS as Starlink strengthens its market position. Despite the downgrade, UBS acknowledged ASTS’s technological edge in enabling unmodified smartphones to connect across multiple spectrum bands and its strategic carrier partnerships.

, , analysts remain divided. , while Seeking Alpha’s quant model recommends a Hold due to valuation and profitability concerns. Wall Street analysts, however, maintain a Buy stance, reflecting optimism about ASTS’s long-term potential in satellite connectivity. The stock’s sharp intraday drop underscores market sensitivity to and spectrum allocation developments in the space-to-cellular industry.

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