AST SpaceMobile falls after B Riley cuts to 'neutral'

AST SpaceMobile

13/01/2026 13:12

** Satellite communications firm AST SpaceMobile's ASTS.O shares fall 1.6% to $96.85 premarket

** B Riley downgrades to "neutral" from "buy"

** Raises PT to $105 from $95, a 6.7% upside to stock's last close

** Average rating of 12 analysts is "hold"; median PT is $81.75 - data compiled by LSEG

** Stock more than tripled in 2025

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))