
Pum🅰️djin
180 posts





















Scotiabank Downgrades $ASTS to Sector Underperform from Sector Perform, PT $45.60 Analyst comments: "Without yet a single retail customer and faced with the challenge of orbiting ~50 satellites to achieve continuous service in a handful of markets in late 2026 or early 2027, ASTS’s share price at $97.60/share has once again overshot to what we see as irrational levels (market cap of $37B). Evidence of slow user adoption in the U.S. and Japan, modest ARPUs, and high capex (including duplicated satellites for new frequencies) means investors may have to wait until 2028 or 2029 for tangible equity free cashas flow (EFCF) generation. Meanwhile, Starlink’s accelerated fixed growth and global brand recognition means ASTS competes with a leader that already has, in terms of revenues, the equivalent of 340 million global direct-to-consumer (DTC) users (~680 million by the time ASTS launches in select markets). While it has been an ordeal for ASTS to launch seven satellites since 2017, in 2025 alone Starlink orbited 3,169 units. We disagree with those seeing ASTS as a meme stock; the technology remains highly disruptive and has potential for dual use. But we also disagree with those dismissing ASTS’s multi-year delays and Starlink’s unstoppable growth. The middle-ground scenario points to a valuation range between $45/share and $55/share. Sell." Analyst: Andres Coello


$ASTS: I was told by a few HF friends that the Scotia analyst was "turned" by short sellers back in June. It's pretty clear that the analyst is now the mouthpiece of short sellers and they need bailing out. Andres Coello is "day trading" his rating Oct: Downgrade to Sell Nov: Upgrade to Neutral Jan: Downgrade to Sell Andres, I know you read my tweets - you and your team are irrelevant 🤷♂️


$ASTS | +43% Gain so far. BUT price is about to approach MY DBI INDICATOR - which may act as resistance if it does not clear it. Price will stop there anyway. Let's watch the price action.











