AST SpaceMobile has confirmed that on June 17, 2026 it launched its BlueBird 8, 9 and 10 satellites aboard a SpaceX Falcon 9, adding next-generation capacity to its planned space-based cellular broadband network that connects directly to standard smartphones.
The launch followed earlier setbacks and came shortly after securing US Federal Communications Commission approval for direct-to-device services, underscoring how regulatory progress and technical execution are converging on AST SpaceMobile’s vision of global satellite-enabled mobile coverage.
With these new BlueBird satellites expected to nearly double peak data speeds, we’ll examine how this deployment reshapes AST SpaceMobile’s investment narrative.
AI is about to change healthcare. These 40 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10b in market cap – there’s still time to get in early.
AST SpaceMobile Investment Narrative Recap
To own AST SpaceMobile, you need to believe its capital intensive satellite buildout can evolve into a functioning, revenue generating network before funding or execution risks bite. The BlueBird 8, 9 and 10 launch is central to that belief, because near term success or failure in orbit is the clearest catalyst for sentiment, while any further launch setbacks or cost overruns remain the most immediate threat to the story.
Among recent developments, the FCC’s authorization for Supplemental Coverage from Space stands out as directly linked to this launch. The new BlueBirds are meant to operate under that U.S. regulatory umbrella, tying technical progress in orbit to a concrete permission slip to start direct to device services, which is critical if AST SpaceMobile is to convert its many mobile network agreements and government contracts into meaningful usage based revenue.
Yet while the launch headlines are exciting, the real risk investors should be aware of is how quickly high per satellite capex and heavy quarterly spending could start to matter if…
Read the full narrative on AST SpaceMobile (it’s free!)
AST SpaceMobile’s narrative projects $2.1 billion revenue and $2.1 billion earnings by 2028. This requires 385.7% yearly revenue growth and about a $2.4 billion earnings increase from -$303.8 million today.
Uncover how AST SpaceMobile’s forecasts yield a $71.51 fair value, a 27% downside to its current price.
Exploring Other Perspectives 
ASTS 1-Year Stock Price Chart
The lowest estimate analysts were already cautious, assuming about US$1.9 billion of 2029 revenue and US$1.7 billion of earnings, and treat tight launch schedules as a real pressure point. This BlueBird 8 to 10 launch could either ease those concerns or reinforce them, so it is worth remembering that some see a far tougher path ahead than the consensus suggests.
Explore 40 other fair value estimates on AST SpaceMobile – why the stock might be worth as much as 74% more than the current price!
Form Your Own Verdict
Don’t just follow the ticker – dig into the data and build a conviction that’s truly your own.
Ready To Venture Into Other Investment Styles?
The market won’t wait. These fast-moving stocks are hot now. Grab the list before they run:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ASTS.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com