Can a fast-growing (but money-losing) start-up outcompete the biggest name in space?If you know anything at all about SpaceX and its Starlink program, you probably know that it's Elon Musk's master plan to bring satellite internet service to everyone on Earth -- and magnify SpaceX's profits in the process, so as to fund his plan to colonize Mars.If you know just a little more about Starlink, you know it's already evolved beyond this original plan. The U.S. military and others are already starting to throw m ...

You may recognize the name, but do you know what the company is trying to achieve?Share prices of AST SpaceMobile (ASTS -0.72%) have skyrocketed about 460% since the start of the year. To say that the growth stock has drawn considerable investor interest would be a gross understatement. But while onlookers may be impressed with the stock's meteoric rise, many still wonder what it is exactly that the company does.Let's take a closer look at AST SpaceMobile to see what has the market so excited.The ABCs of AS ...

Investors were willing to take a chance on this highly speculative telecom company.A significant price target increase from an analyst helped send AST SpaceMobile (ASTS 4.95%) well higher on the second-to-last trading day of the week. Bulls piled into the company, a unique operator that aims to establish a broadband cellular network in space, boosting its stock price by nearly 5% on the day. By contrast, the S&P 500 index only traded flat across the session.A significant price target increase from a punditT ...

This analyst thinks AST SpaceMobile will become the leading global wireless company.Excitement is growing for AST SpaceMobile's (ASTS -8.90%) initial commercial satellite launch in the first half of September. The stock has soared in anticipation of the launch of the company's five commercial BlueBird satellites, which are in Cape Canaveral awaiting the upcoming launch window.Scotiabank analyst Andres Coello thinks investors should own AST stock for several reasons and just raised his price target from $28 ...

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 ...

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 ...

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 ...

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 ...

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 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 ...