Latest news with #ASTSpaceMobile
Yahoo
6 hours ago
- Business
- Yahoo
AST SpaceMobile Gets $59 Bullish Nod on Direct-to-Phone Satellite Ambitions
AST SpaceMobile (NASDAQ:ASTS) is one of the best space stocks to buy according to hedge funds. On July 10, Clear Street began coverage on AST SpaceMobile (NASDAQ: ASTS) with a Buy rating and a $59 price target, setting it apart from the consensus range of $30–$64. Clear Street's bullish thesis hinges on AST's plan to start reliable commercial service by 2027, with a projected breakout year in 2028, forecasting $2.3 billion in revenue and $1.3 billion in adjusted EBITDA. Translating that, their $59 target equates to about 19× 2028 EBITDA or 11× revenue, based on a 10‑year discounted cash‑flow model. satellite-dish-941506_1280 This endorsement follows earlier support from Roth MKM (Buy) and stands in contrast to Bank of America's neutral stance. Clear Street also pointed to AST's strong financial footing; liquidity bolstered by a current ratio north of 10, and key strategic partnerships with Verizon, AT&T, Vodafone, and Rakuten. AST SpaceMobile is building the first space-based cellular broadband network that works directly with standard, unmodified smartphones. Unlike typical satellite internet, their tech beams signals straight into your handset, eliminating the need for special gear. Backed by major carriers, AST aims to connect underserved populations worldwide and go live commercially by 2027. While we acknowledge the potential of ASTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. 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
2 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
3 days ago
- Business
- Yahoo
AST SpaceMobile (ASTS) Soars 149% YTD on Rosy Prospects
We recently published . AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the top-performing mid-cap companies of the first half of the year. AST SpaceMobile has so far grown by 149 percent since the start of the year, finishing at $52.63 on Wednesday versus its $21.10 close in the last trading day of 2024. The company's rapid increase can be attributed to two primary catalysts: billionaire Jeff Bezos' potential investment in the company and billionaire Elon Musk's ongoing spat with President Donald Trump. Last month, investors gobbled up shares in AST SpaceMobile, Inc. (NASDAQ:ASTS) after board member Adriana Cisneros posted a photo on social media showing herself alongside CEO Abel Avellan and Bezos, in a photo, with the caption: 'Amazing things are happening at AST & Science + Blue Origin.' Investors were quick to speculate that a partnership between the two companies is in the works, sending AST SpaceMobile, Inc.'s (NASDAQ:ASTS) share price flying. Prior to the Instagram post, Blue Origin executives were previously spotted at the AST SpaceMobile, Inc. (NASDAQ:ASTS) headquarters in Texas, sparking speculations that discussions may have gone beyond launch logistics to cover broader strategic and financial matters. An aerial view of a communications satellite in orbit, beaming its signal down to Earth. At the same time, AST SpaceMobile, Inc. (NASDAQ:ASTS) is currently gaining ground from Musk and Trump's ongoing feud, with investors expecting that the spat could shift the favor of government contracts away from Musk's Space X and towards competitors, including AST SpaceMobile, Inc. (NASDAQ:ASTS). 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 . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
AST SpaceMobile, Inc. (ASTS) Rises Higher Than Market: Key Facts
In the latest close session, AST SpaceMobile, Inc. (ASTS) was up +2.95% at $52.63. The stock outperformed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.26%. The company's shares have seen an increase of 27.48% over the last month, surpassing the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51%. The investment community will be paying close attention to the earnings performance of AST SpaceMobile, Inc. in its upcoming release. In that report, analysts expect AST SpaceMobile, Inc. to post earnings of -$0.19 per share. This would mark a year-over-year decline of 35.71%. Meanwhile, our latest consensus estimate is calling for revenue of $5.15 million, up 472.22% from the prior-year quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$1 per share and a revenue of $62.5 million, indicating changes of -51.52% and +1314.58%, respectively, from the former year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AST SpaceMobile, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.01% decrease. AST SpaceMobile, Inc. is holding a Zacks Rank of #4 (Sell) right now. The Wireless Equipment industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 211, positioning it in the bottom 15% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AST SpaceMobile, Inc. (ASTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Globe and Mail
4 days ago
- Business
- Globe and Mail
AST SpaceMobile: The Next Big Thing in Satellite Connectivity
AST SpaceMobile (NASDAQ: ASTS) is making headlines with its ambitious plan to provide global cellular broadband directly from space. With strategic partnerships and innovative technology, the company is poised to disrupt the telecommunications industry. Investors are keenly watching ASTS stock as it navigates opportunities and challenges in this emerging market. Stock prices used were the market prices of July 11, 2025. The video was published on July 16, 2025. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,060%* — a market-crushing outperformance compared to 179% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 14, 2025 Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
