AST SpaceMobile (NASDAQ:ASTS), a company focused on providing space-based mobile broadband services, aims to connect mobile phones directly to satellites, offering coverage in remote areas. However, the company faces stiff competition from industry giants like SpaceX, which is rapidly expanding its satellite constellation.On September 9, 2025, UBS downgraded ASTS from a Buy to a Neutral rating. At the time, the stock price was $40.77. This downgrade came amid a challenging period for ASTS, as highlighted by ...