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Why AST SpaceMobile Stock Popped on Monday
The Motley Fool· 2024-08-26 17:02
Will SpaceX buy AST SpaceMobile stock? Should you?AST SpaceMobile (ASTS 2.44%) stock is on the move again Monday. Today's gain is about 2.3% as of 12:20 p.m., although the stock's bopping around quite a bit, and if you blink, it might just as easily go down as up.Credit for today's turbulence goes to Scotiabank analyst Andres Graham, who this morning lifted his price target on AST stock from $28 to $45.90 -- a very precise valuation on a stock that isn't particularly easy to value (because it has no profits ...
Why AST Mobile Stock Popped 20%, Then Fell This Week
The Motley Fool· 2024-08-23 20:41
The stock is up over 1,000% in the last six months.Shares of AST SpaceMobile (ASTS -3.75%) were up as much as 20% this week before falling, according to data from S&P Global Market Intelligence. The satellite broadband company has been on a tear this year, up over 1,000% in the last six months alone. Investors are optimistic about the start-up's potential to disrupt the cellular broadband market and its huge addressable revenue opportunity.Here's why the pre-revenue start-up AST SpaceMobile was volatile yet ...
The First Half of 2025 Will Be a Massive Test for AST SpaceMobile
MarketBeat· 2024-08-21 11:02
AST SpaceMobile TodayASTSAST SpaceMobile$34.32 -4.28 (-11.09%) 52-Week Range$1.97▼$38.99Price Target$25.75Add to WatchlistAST SpaceMobile NASDAQ: ASTS is in the communication services sector and has seen its shares explode in 2024. The company’s stock is up over 500% this year despite producing little to no revenue and tens of millions of dollars in losses.So, why is the market so bullish on this stock, and what exactly does the firm do? Let's explore these questions together. We'll review the company's ann ...
If You'd Invested $10,000 in AST SpaceMobile Stock at Its IPO, Here's How Much You'd Have Today
The Motley Fool· 2024-08-20 13:16
Those who shot for the stars early on with this space stock have been rewarded for their ambition.For those with New Year's resolutions to scoop up shares of AST SpaceMobile (ASTS 24.40%), 2024 has been a delight. AST SpaceMobile is developing a space-based broadband network, and it has seen its stock skyrocket 540% since the start of the year.But have investors who have held on to the stock since it first debuted on public markets fared as well? Let's take a look at what has driven investor sentiment for t ...
Why AST SpaceMobile Stock Shot Higher Today
The Motley Fool· 2024-08-19 17:24
AST SpaceMobile stock has rocketed higher by more than 75% in less than a week. Here's what investors need to know.AST SpaceMobile (ASTS 16.40%) stock has continued to soar since it announced its latest business update and second-quarter results last week. The march higher began after the company reaffirmed that plans for its most critical satellite launch ever are on track.On Friday, Bank of Nova Scotia, or Scotiabank, analyst Andres Coello raised his firm's price target on the space communications company ...
AST SpaceMobile Surges 50% Space Broadband Cellular Launch Nears
MarketBeat· 2024-08-19 12:35
AST SpaceMobile Inc. NASDAQ: ASTS stock rocketed 50% following its Q2 2024 earnings report. The company missed EPS estimates for a loss of 51 cents by 29 cents, and revenues were non-existent at $900,000. Investors may be questioning the sanity of the large price move, while short-sellers are licking their wounds after being sucked in by the 20.44% short interest.The company is embarking on creating the world's first and only space-based cellular broadband network capable of satellite direct-to-cell 5G conn ...
AST SpaceMobile And Rocket Lab Are Among Top 7 Best Performing Mid-Cap Stocks Last Week (Aug 11-Aug 17): Are The Others In Your Portfolio?
Benzinga· 2024-08-18 19:28
These seven mid-cap stocks were the best performers in the last week. Are they in your portfolio? Also Read: Photo via AST SpaceMobile ...
Is AST SpaceMobile a Millionaire-Maker Stock?
The Motley Fool· 2024-08-17 08:18
AST SpaceMobile has huge potential, but right now the exciting story here is really just potential.The latest exciting news out of AST SpaceMobile (ASTS -1.05%) is that it has delivered five satellites to Cape Canaveral. This is the first step toward actually offering the space-based cellular broadband network it is building. If it can get that system up and running, AST SpaceMobile could be a millionaire-maker stock. But don't get too excited; this is just one small step on the road to a full-fledged servi ...
Why AST SpaceMobile Stock Popped, Then Dropped on Friday
The Motley Fool· 2024-08-16 17:04
Is AST stock burning through its cash too fast?Shares of satellite telecommunications company AST SpaceMobile (ASTS -4.16%) rose 15% through 10 a.m. ET Friday morning after yet another Wall Street analyst hiked its price target. By 11 a.m., though, the stock had turned tail and plunged 8.5%.Why the pop and why the drop? TheFly.com notes Scotiabank analyst Andres Coello raised his target on AST to $28 today. That sounds like good news, and Coello insists the stock will outperform. Problem is, AST stock alrea ...
Why Is Everyone Talking About AST SpaceMobile Stock?
The Motley Fool· 2024-08-16 14:12
AST SpaceMobile stock is up over 500% this year.In this video, I will cover the recent news about AST SpaceMobile (ASTS 10.91%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug. 15, 2024. The video was published on Aug. 16, 2024. ...