Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

AST SpaceMobile Addresses BlueBird 7 Launch Setback

Tipranks - 1 hour ago

Claim 30% Off TipRanks

AST SpaceMobile ( (ASTS) ) just unveiled an announcement.

On April 19, 2026, AST SpaceMobile’s Block 2 BlueBird 7 satellite, launched on Blue Origin’s New Glenn 3 mission, was placed into a lower than planned orbit by the launch vehicle’s upper stage and cannot sustain operations with its own thrusters, leading to a planned de-orbit, although the company expects to recover the satellite’s cost through insurance. BlueBird 7 would have been the eighth spacecraft in its low Earth orbit fleet for a space-based cellular broadband network, but AST SpaceMobile says Block 2 satellites through BlueBird 32 remain in production, BlueBird 8 to 10 should be ready to ship in about 30 days, and it is maintaining a cadence of orbital launches every one to two months in 2026 with a target of roughly 45 satellites in orbit by year-end, signaling that the setback should not derail its broader deployment schedule.

The most recent analyst rating on (ASTS) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.

Spark’s Take on ASTS Stock

According to Spark, TipRanks’ AI Analyst, ASTS is a Neutral.

The score is primarily driven by improving fundamentals and outlook (rapid revenue inflection, low leverage, and strong 2026 guidance with significant liquidity), tempered by very high cash burn and ongoing large losses. Technical signals are neutral, and valuation remains weak due to negative earnings and no dividend.

To see Spark’s full report on ASTS stock, click here.

More about AST SpaceMobile

AST SpaceMobile, Inc. is a satellite communications company developing what it calls the first and only global space-based cellular broadband network designed to connect directly with standard, unmodified smartphones. Its planned constellation, aimed at both commercial and government customers, targets eliminating mobile connectivity gaps worldwide by providing broadband coverage from low Earth orbit.

Average Trading Volume: 14,142,260

Technical Sentiment Signal: Buy

Current Market Cap: $33.2B

For an in-depth examination of ASTS stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.