The analyst is bullish on ASTS, expecting it to increase 23 times to reach valuation comparable to Starlink.
ASTS has the same product as Starlink and can reach the lower end of Starlink's valuation, implying significant upside.
$ASTS can 23 X from here, just to reach the lower end of the valuation of Starlink right now. Same product.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -3.5% | -3.7% |
| 1 week | +26.6% | +24.9% |
| 1 month | -17.4% | -18.1% |
| 3 months | — | — |
| 6 months | — | — |