AST SpaceMobile (ASTS) Trading at $89.11 with $1B Revenue From Partners

AI Summary

AST SpaceMobile, Inc. (ASTS) shares were trading at $89.11 on March 16, 2026. The company plans to deploy 45–60 satellites by 2026, transitioning from a pre-revenue model to a scaled infrastructure provider. ASTS has secured over $1 billion in committed revenue from partners like AT&T and Verizon. A bullish options strategy on long-dated $35 puts suggests a robust risk-reward profile, indicating a potential appreciation of the stock by at least 239.59% since it was previously covered in May 2025.