Latest news with #AST
Yahoo
5 days ago
- Business
- Yahoo
Why AST SpaceMobile Skyrocketed 121.5% in the First Half of 2025 and Has Kept Surging
Key Points AST SpaceMobile stock has been a huge winner in 2025, with most of its valuation gains occurring in June's trading. Expansion moves and excitement surrounding the space industry helped power massive gains last month. AST's business looks poised to scale rapidly in this year's second half, but some strong growth is already priced into the stock. 10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock rocketed higher in the first half of this year's trading thanks to some strong business results and signs that the space industry will continue heating up. The company's share price surged 121.5% across the stretch, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index's level rose 5.5% over the period. AST SpaceMobile's massive rally took off last month AST SpaceMobile saw valuation swings that amounted to relatively little cumulative movement across the first five months of the year, but the stock really took off in June's trading. The company published a press release on June 13, announcing that it had reached terms to secure new licensing for L-Band wireless spectrum that would extend for more than 80 years. The deal will enable AST to gain access to wireless frequency channels it can use to distribute its space-based cellular broadband services. AST then announced on June 18 that it was expanding its partnership with Vodafone and would bring its satellite-based cellular broadband services to markets in India that are underserved in terms of internet availability. Interest in defense-related growth opportunities also powered gains for the stock last month. In addition to business-specific developments and a general uptick in bullish momentum for the broader space industry, AST's valuation got a big boost due to expectations that the Federal Reserve will implement more than one interest rate cut this year. Some investors are betting that the central bank's Federal Open Mark Committee (FOMC) will reduce the benchmark interest rate at its meeting at the end of July. If so, it would likely be a bullish development for AST and other speculative stocks with heavily growth-dependent valuations -- although it's looking less likely following recent inflation data. What's next for AST SpaceMobile? AST stock has continued to rocket higher early in the second half of 2025. The company's share price has risen roughly 13% in the month, thanks to bullish coverage from analysts and excitement surrounding the space industry. AST expects its sales to scale rapidly in the second half of this year and sees a sales opportunity between $50 million and $75 million during the period. As of this writing, the satellite-communications specialist has a market capitalization of roughly $13.1 billion and is valued at approximately 213 times the average sales forecast for this year. AST SpaceMobile closed out its last reported quarter with $874.5 million in cash and short-term equivalents and looks to be in a good position to rapidly scale its business in the near term. With the potential to rapidly expand its service offerings in the consumer market and win new contracts from U.S. defense agencies and allied nations, the business seemingly has a very long runway for expansion. On the other hand, investors should keep in mind that AST's performance trajectory remains speculative -- and the stock's growth-dependent valuation could open the door for high volatility. Should you buy stock in AST SpaceMobile right now? Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Vodafone Group Public. The Motley Fool has a disclosure policy. Why AST SpaceMobile Skyrocketed 121.5% in the First Half of 2025 and Has Kept Surging was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Why AST SpaceMobile Stock Skyrocketed 102.6% Last Month, but Has Slipped in July
AST SpaceMobile stock roared to a new record high last month thanks to multiple bullish catalyts. Positive momentum for the broader market, business-specific news, and analyst coverage contributed to the stock's rally. AST SpaceMobile stock has seen a mild pullback early in this month's trading. 10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock recorded huge gains across June's trading. The space technology company's share price surged 102.6% in a month that saw the S&P 500 (SNPINDEX: ^GSPC) rise 5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jump 6.6%. Excitement surrounding defense technology plays and bullish momentum for the broader market helped AST stock close out the period with huge gains. New partnership announcements, investment speculation, and analyst coverage also helped power the rally. June was a month of massive bullish momentum for space tech stocks, and investors piled into AST stock on some promising growth indicators for the company. Along those lines, the stock got a significant boost on June 4 after Scotiabank highlighted the possibility that Jeff Bezos and his Blue Origin space exploration company could invest in AST. On June 16, B. Riley published new coverage maintaining a buy rating on AST. The investment firm also raised its one-year price target on the stock from $36 per share to $44 per share and pointed to the space-tech specialist's growing spectrum resources as a catalyst that could help support further valuation growth. AST and Vodafone then announced on June 18 that they had entered into a new partnership to bring connectivity offerings to untapped markets in India. The two companies' collaboration on the SpaceMobile Satellite System could bring space-based cellular broadband services to a huge section of new customers, and it looks like foundations are being laid for the business to scale rapidly. Along with moves to clarify and expand its spectrum access last month, the expansion of the partnership with Vodafone strengthened AST's long-term performance outlook. On the heels of last month's explosive gains, AST stock has seen a modest pullback in July's trading. The company's share price is down roughly 3.5% in the month as of this writing, but it's still up 264% over the last year. There actually haven't been any negative, business-specific developments for the company this month, but investors are showing some signs of valuation concerns after a massive valuation run-up. On the other hand, Roth Capital published new coverage on AST on Monday -- reiterating a buy rating and raising its one-year price target on the stock from $42 per share to $51 per share. Roth's analysts see recent wins for T-Mobile's Starlink-enabled services are a positive indicator because it views AST's service and pricing offerings as superior. With signs of strong competitive positioning, some analysts and investors are betting the stock will soon go on to reach new highs. AST remains a high-risk, reward play, but the company is executing at a high level and has some huge growth opportunities ahead. Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $695,481!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $969,935!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Bank Of Nova Scotia, T-Mobile US, and Vodafone Group Public. The Motley Fool has a disclosure policy. Why AST SpaceMobile Stock Skyrocketed 102.6% Last Month, but Has Slipped in July was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
AST SpaceMobile (ASTS) Declines on Profit-Taking
AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the . AST SpaceMobile dropped its share prices by 5.33 percent on Monday to close at $46.73 apiece as investors resorted to profit-taking following its surge to a record high last week. On Tuesday last week, AST SpaceMobile, Inc. (NASDAQ:ASTS) jumped to a new high of $54.05 as investors scooped up shares ahead of its official inclusion in the Russell 1000 index, which took effect after the market closed on Friday. The Russell 1000 Index tracks the largest 1,000 US companies by market capitalization. It is widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. 'Joining the Russell 1000 Index marks another important milestone as we work to deliver on our mission of eliminating coverage gaps and bringing cellular broadband connectivity directly to the mobile devices of the billions of people who remain unconnected,' said AST SpaceMobile, Inc. (NASDAQ:ASTS) CFO Andrew Johnson. An aerial view of a communications satellite in orbit, beaming its signal down to Earth. 'This inclusion will expand our visibility among investors as we continue to advance our technology, scale operations, and execute against our global growth plans,' he added. While we acknowledge the potential of ASTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Time of India
01-07-2025
- Time of India
Sessions court evacuated after hoax bomb threat
Jaipur: A bomb threat email sent to the Jaipur sessions court Tuesday afternoon triggered a full-scale security operation and precautionary evacuation. No suspicious object was found till the time of reporting. Police said the threat was received on the court's official email ID. Following standard protocol, the court staff immediately alerted the police control room and senior officers. Multiple response teams—including local police, the bomb disposal squad (BDS), anti-sabotage team (AST), and quick reaction teams (QRTs)—were deployed to the site. The court complex was cordoned off, and the premises were thoroughly searched using sniffer dogs and technical equipment. The sweep began around 2pm and continued for several hours. While no explosives were found, the threat caused disruption to proceedings and panic in the area. A senior police official said cyber experts are investigating the origin of the email and working to trace the sender. Officials are also probing whether the threat is linked to a recent spate of hoax emails sent to other public institutions across Jaipur in recent months. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
Express Tribune
24-06-2025
- Health
- Express Tribune
Experts warn of rising diabetes-linked blindness
Al-Shifa Trust (AST) has raised serious concerns over the rising threat of Diabetic Retinopathy (DR) in Pakistan, linking it to the country's alarming surge in diabetes cases — now reportedly the highest in the world. Speaking to media on Tuesday, Dr Nadeem Qureshi, Head of the Retina Department at Al-Shifa Trust Eye Hospital, warned that the increasing diabetes prevalence is fuelling a parallel spike in vision-threatening complications, including diabetic retinopathy, cataracts, and glaucoma. "Prolonged uncontrolled blood sugar damages the retinal blood vessels and, if left untreated, can lead to irreversible vision loss," he said. He emphasized that early detection and routine screening are critical in preventing vision impairment.
