Key Takeaways:
- Vodafone and AST SpaceMobile launch 'SatCo' to boost satellite services in Europe, aiming for a 2026 commercial debut.
- Analysts forecast a moderate upside for Vodafone, with an average price target of $10.99.
- Current analyst consensus rates Vodafone as a 'Hold', with a slight potential for price increase based on GF Value estimates.
Vodafone (VOD, Financial) and AST SpaceMobile (ASTS) are venturing into a new horizon with the establishment of SatCo, a strategic joint venture headquartered in Luxembourg. This collaboration aims to harness cutting-edge technology to deliver scalable satellite services across Europe. The project's ambitious goal is to integrate seamlessly with existing 4G/5G networks, significantly enhancing coverage through AST SpaceMobile's advanced satellite infrastructure, and is slated for a commercial launch by 2026.
Wall Street Analysts Forecast
According to the latest forecasts by two Wall Street analysts, Vodafone Group PLC (VOD, Financial) holds an average price target of $10.99, with projections varying between a high of $11.52 and a low of $10.45. This average target hints at a potential upside of 4.19% from its present valuation of $10.55. Investors can explore more comprehensive estimate data on our Vodafone Group PLC (VOD) Forecast page.
The consensus from three brokerage firms currently classifies Vodafone Group PLC (VOD, Financial) with an average recommendation of 2.7, reflecting a "Hold" rating. This scale is based on a 1 to 5 range, where 1 represents a Strong Buy and 5 signals a Sell.
From GuruFocus' perspective, the projected GF Value for Vodafone Group PLC (VOD, Financial) in one year stands at $10.71. This estimate suggests a modest upside of 1.56% from its current stock price of $10.545. The GF Value metric is derived from evaluating historical stock price multiples, past business growth, and future performance projections. More detailed insights can be accessed on the Vodafone Group PLC (VOD) Summary page.
