AST SpaceMobile: Buy the FY27 Commercial Rerating While the Market Pivots Back to Fundamentals
AST SpaceMobile is a high-risk, high-reward satellite operator building a direct-to-phone broadband network. The stock has pulled back from recent highs and is trading on a narrative: FY27 commercial commencement. If AST executes, revenues and margins should scale quickly, creating substantial operating leverage. We present a long trade keyed to th…