AST SpaceMobile(ASTS)

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AST SpaceMobile's Big Plan Is Paying Off
The Motley Fool· 2024-08-03 22:18
AST SpaceMobile just inked a big deal that suggests a core tenet of its business model has set it up for success.AST SpaceMobile (ASTS -9.44%) has big plans and not a whole lot to show for them just yet. But that hasn't stopped it from executing well on one very important aspect of its business model: partnering with the cellular industry's leaders. There's a virtuous cycle here, though, because the more partners it has, the more likely it is to succeed. Which is why the company recently linking up with Ver ...
AST SpaceMobile Is Launching: A Chat With President Scott Wisniewski
Seeking Alpha· 2024-07-30 08:48
da-kuk Last year, I wrote an article that described AST SpaceMobile's (NASDAQ:ASTS) lead in the race for cell phone service from space direct to your cell phone. It was titled AST SpaceMobile Screams 'Watson, I'm Calling You From Space' Since that time, the stock is up over 250%. Between then and recently, subscribers to my service have been accumulating ASTS shares and selling cash-secured puts to generate income. The temptation on a stock like this is to sell or trim under the usually misguided idea t ...
Is AST SpaceMobile Stock a Buy?
The Motley Fool· 2024-07-30 08:07
The satellite constellation-maker's stock could keep soaring higher.AST SpaceMobile's (ASTS 0.16%) stock price soared nearly 380% over the past 12 months. The satellite designer and manufacturer, which went public by merging with a special purpose acquisition company (SPAC) in April 2021, impressed the bulls as it got ready to launch its first commercial satellites and struck two major deals with AT&T and Verizon Communications.Even after that massive rally, AST SpaceMobile's stock price remains about 16% b ...
AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In
Seeking Alpha· 2024-07-29 18:10
apomares/E+ via Getty Images Investment Thesis AST SpaceMobile, Inc. (NASDAQ:ASTS) is on the verge of launching its groundbreaking satellite-based mobile network, with the event just weeks away. This launch marks the deployment of the first batch of commercial satellites, serving as a powerful near-term catalyst, as it represents a major milestone in the realization of affordable satellite broadband connection. Unique Product ASTS has a bold vision: to create the first global cellular broadband network in s ...
3 Space Tourism Stocks That Could Skyrocket by 2025
Investor Place· 2024-07-27 10:45
Industry Overview - The space tourism sector is emerging as a promising investment opportunity, transitioning from government-funded exploration to private sector involvement [1] - The space industry is currently valued at $350 billion and is projected to grow to $1 trillion by 2040, indicating significant long-term potential despite short-term volatility [1] Virgin Galactic (SPCE) - Virgin Galactic aims to commercialize human spaceflight, having completed its 12th suborbital flight and developing a new Delta spacecraft line, with ticket prices at $450,000 [3][4] - The company reported $2 million in revenue for the previous quarter, a substantial increase from $0.4 million year-over-year, although it remains unprofitable [3][4] - Virgin Galactic's first-mover advantage in the space tourism industry positions it as a strong candidate for long-term investment [4] Rocket Lab (RKLB) - Rocket Lab is a key player in the rocket industry, recently completing its 50th launch of the Electron rocket and planning to increase launch frequency [5][6] - The company reported a 69% year-over-year revenue increase to $92.8 million in Q1, with gross profits rising to $24.2 million and net losses narrowing by 3% [5][6] - Rocket Lab is nearing profitability and anticipates revenue in the range of $105 to $110 million, making it an attractive long-term investment option [6] AST SpaceMobile (ASTS) - AST SpaceMobile is focused on disrupting telecommunications with a space-based satellite network that enables direct-to-cell calls, aiming to improve digital connectivity [7][8] - The company plans to launch five Bluebird satellites in August and aims to deploy six satellites per month by 2025, with partnerships with major telecom operators [8] - While AST's technology is still in the testing phase, it presents high growth potential for investors willing to take on associated risks [8]
AST SpaceMobile, Inc. (ASTS) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-07-22 23:21
In the latest market close, AST SpaceMobile, Inc. (ASTS) reached $12.80, with a -0.31% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Heading into today, shares of the company had gained 27.38% over the past month, outpacing the Computer and Technology sector's loss of 4.77% and the S&P 500's gain of 0.43% in that time.Analysts and investors alike will be keeping a close eye on the ...
3 Under $20 Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-22 15:45
When investment resources talk about stocks to buy under $20, what are they really saying? Anybody can filter out equities based on their price per share. However, so much more goes into a proper analysis. Often times, the actual price is the last thing that seasoned investors consider because of one harsh reality: price alone doesn’t really tell us much.Instead, when you’re looking for stocks to buy under $20, it goes without saying that you’re looking for ideas that can rise to $30 per share, let’s say, o ...
AST SpaceMobile: A Moonshot Investment Opportunity In The Direct-To-Cell Race
Seeking Alpha· 2024-07-21 17:06
Core Viewpoint - AST SpaceMobile is positioned to disrupt the telecommunications industry by providing direct-to-cell services to smartphone users outside terrestrial cellular coverage, with the launch of its first five Block 1 BlueBird satellites expected next month, leading to anticipated revenues by Q4 this year [1][21]. Business Overview - AST is a vertically integrated space-based cellular broadband network provider with over 3350 patents and aims to operate a constellation of LEO satellites for direct mobile phone connectivity at broadband speeds [2]. - The company has secured $20 million in revenue commitments from AT&T and expects to start generating revenues in Q4 this year after testing its first five satellites [2]. Competitive Landscape - AST's technology is considered more advanced than competitors like SpaceX and Lynk, having achieved significant milestones such as the first 5G voice call and a data rate of 14 Mbps [11][12]. - AST's initial five Block 1 satellites and planned 20 Block 2 satellites can provide limited services in the US, requiring 90 satellites for full global coverage [14]. Revenue Projections - AST's revenue estimates for 2025 project $412.8 million, assuming 15% of AT&T and Verizon's users subscribe to its service at a monthly rate of $2 [15]. - Revenue projections for subsequent years show significant growth, with estimates reaching $3.7 billion by 2030, based on increasing user adoption from the "effective coverage gap" population [16]. Valuation - The target price for AST is set at $144 by 2030, implying a potential upside of 1018% from current levels, based on a target P/S ratio of 10 compared to SpaceX's P/S ratio of 15.79 [17][22].
Why AST SpaceMobile, Inc. (ASTS) Outpaced the Stock Market Today
ZACKS· 2024-07-16 23:21
In the latest market close, AST SpaceMobile, Inc. (ASTS) reached $13.71, with a +1.71% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.64%. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the company had gained 14.72% over the past month. This has outpaced the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82% in that time.The investment community will be clo ...
Treasure Hunt: 3 Space Stocks Wall Street Hasn't Discovered Yet
Investor Place· 2024-07-13 11:00
The space sector is projected to see substantial growth, with the global space economy expected to exceed $1 trillion by 2040. This growth is fueled by increased governmental and private investment in space exploration, making now a great time for investors to consider scooping up some undiscovered space stocks.Private investment in space startups has surged, with venture capital funding reaching new heights. This influx of capital is supporting a wide range of space-related activities, from launch services ...