AST SpaceMobile (ASTS) Up 34.5% Since Last Earnings Report: Can It Continue?

Core Insights - AST SpaceMobile, Inc. (ASTS) shares have increased by approximately 34.5% over the past month, outperforming the S&P 500 [1] - The upcoming earnings release may influence whether this positive trend continues or if a pullback occurs [1] Estimates Movement - Estimates for AST SpaceMobile have trended downward over the past month, with a consensus estimate shift of -5.48% [2] VGM Scores - AST SpaceMobile has received a poor Growth Score of F, a Momentum Score of F, and a Value Score of F, placing it in the lowest quintile for investment strategies [3] - The overall aggregate VGM Score for the stock is F, indicating a lack of focus on any particular investment strategy [3] Outlook - The downward trend in estimates suggests a negative shift, with AST SpaceMobile holding a Zacks Rank of 3 (Hold) [4] - An in-line return is expected from the stock in the coming months [4]