SpaceX Delivers Unfortunate News for Verizon, ATT, T-Mobile, and AST Space Mobile Stock Investors

Parkev Tatevosian, CFA•Oct 14, 2026

Summary

Parkev analyzes the impact of SpaceX's announcement to acquire a nationwide low-band spectrum portfolio, positioning Starlink to compete with traditional mobile carriers. This news led to a sharp decline in stock prices for AT&T, Verizon, T-Mobile, and AST SpaceMobile. Parkev evaluates whether these price drops represent a threat to the established companies or a strategic entry point for investors.

Parkev highlights the following stocks:

TMUS (T-Mobile): Parkev considers the current price of $149, which is near its 52-week low, as a significant buying opportunity. Parkev calculated a fair value of $223 for T-Mobile, suggesting the stock is heavily undervalued at present levels. Parkev believes the company's strong fundamentals outweigh the competitive concerns raised by SpaceX's move.

VZ (Verizon): Parkev notes that Verizon is trading at approximately $41, while Parkev's calculated fair value stands at $53 per share. Parkev argues that this provides a 28% margin of safety, which is sufficient even if the company loses some market share to satellite services. Parkev also emphasizes the stock's appeal for income-focused investors due to its dividend yield.

T (AT&T): Parkev identifies AT&T as an attractive purchase, with an intrinsic value estimate of over $30 compared to its current market price of roughly $22. Parkev points out that AT&T's CEO does not feel threatened by SpaceX, viewing their satellite solution as limited to niche markets like rural areas and IoT. Parkev concludes that the potential upside makes it a compelling choice despite the recent negative news.

ASTS (AST SpaceMobile): Parkev remains bearish on AST SpaceMobile, warning that the stock is still overvalued despite falling 10% to $50. Parkev maintains an intrinsic value estimate of $35 per share and has consistently advised investors to avoid the stock throughout the year. Parkev expects the price to continue its downward trend before reaching a level that offers real value.

Mentioned Stocks

ASTS

Sentiment: SELLAction: RECOMMENDED

Reasoning: Parkev warns that AST SpaceMobile is overvalued at $50, as Parkev's intrinsic value calculation is only $35. Parkev has advised avoiding this stock all year and expects further price declines.

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TMUS

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev identifies T-Mobile as a buy because it is trading near its 52-week low of $149. Parkev calculates a fair value of $223, indicating significant undervaluation despite the SpaceX announcement.

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Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev rates Verizon as a buy with a fair value of $53 against a market price of $41. This provides a 28% margin of safety, which Parkev believes protects investors even if minor market share losses occur.

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Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev estimates AT&T's fair value to be over $30 per share. With the current price just above $22, Parkev sees substantial upside and notes that the CEO views the competition from SpaceX as niche-specific.

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