UBS analyst Chris Schoell has raised the price target for AST Spacemobile shares from $31 to $38, maintaining a buy recommendation. The stock, currently at $32.64, has seen an 850% return over the past year, driven by successful satellite testing and expanded agreements with nearly 50 wireless carriers, covering almost 3 billion subscribers. AST Spacemobile is set to launch 60 satellites by 2026, with projected revenues of $465 million and EBITDA of $173 million by 2026, growing to $2 billion and $1.4 billion by 2028. The company recently reported a smaller-than-expected loss for Q4 2024, further boosting investor confidence.