AST SpaceMobile, Inc. (ASTS) Laps the Stock Market: Here's Why

Company Performance - AST SpaceMobile, Inc. closed at $26.98, with a daily increase of +0.94%, outperforming the S&P 500's gain of 0.16% [1] - The stock has risen by 2.22% over the past month, surpassing the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67% [1] Earnings Forecast - The company is expected to report an EPS of -$0.18, reflecting a growth of 21.74% compared to the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for AST SpaceMobile should be monitored, as they indicate short-term business trends and can signal optimism about the company's outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides a quantitative model for evaluating stock performance [4] Zacks Rank and Industry Position - AST SpaceMobile currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] - The Wireless Equipment industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 163, placing it in the bottom 36% of over 250 industries [6]