# AST SpaceMobile Shares Rebound After Deutsche Bank Upgrade

> Deutsche Bank upgrades AST SpaceMobile to Buy, calling Friday's selloff a market misread.
- Title: AST SpaceMobile Shares Rebound After Deutsche Bank Upgrade
- Summary: Deutsche Bank upgrades AST SpaceMobile to Buy, calling Friday's selloff a market misread. Deutsche Bank upgraded AST SpaceMobile to Buy from Hold, citing…
- Keywords: ast spacemobile, deutsche bank, bryan kraft, spacex, t-mobile, starlink, grain management, new glenn, at&t, verizon, japan, government funding
- Source: BigGo Finance — https://finance.biggo.com/news/6931bb9d-e3ae-4a80-b2d2-55ef65b03544
- Author: BigGo Finance
- Published: 2026-10-12T15:55:32+00:00
- Read time: 1 min
- Topics: ast spacemobile, deutsche bank, bryan kraft, spacex, t-mobile, starlink, grain management, new glenn, at&t, verizon, japan, government funding
## ast spacemobile shares rebound
ast spacemobile shares rebounded more than 5% monday after deutsche bank upgraded the stock to buy from hold with a $93 price target.
## deutsche bank calls friday's selloff a misread
deutsche bank called friday's 10% selloff a market misread, arguing the spectrum purchase does not make spacex more competitive as a direct-to-device partner.
## bryan kraft's analysis
analyst bryan kraft argued spacex's acquisition of 14 mhz of 800 mhz spectrum from grain management does not make spacex more competitive as a direct-to-device partner.
## t-mobile partnership shift
t-mobile is increasingly likely to switch from starlink to ast spacemobile through the at&t and verizon joint venture.
## spectrum value framework
spectrum value accounts for all but $10 per share of enterprise value, creating an opportune entry point for ast spacemobile.
## government funding opportunity
a potential $1 billion japanese government funding opportunity could validate ast spacemobile's technology and provide capital infusion.
## t-mobile website changes
t-mobile removed many references to starlink from its website, signaling a shift to ast spacemobile as d2d partner.
## stock rebound consequence
ast spacemobile shares rebounded more than 5% monday after deutsche bank's upgrade, reversing friday's 10% selloff.
## Key takeaway

Deutsche Bank upgraded AST SpaceMobile to Buy from Hold, citing Friday's 10% selloff as a misread due to SpaceX's spectrum acquisition not harming AST SpaceMobile's carrier partnerships.