These Analysts Boost Their Forecasts On AST SpaceMobile After Q2 Results
Portfolio Pulse from Avi Kapoor
AST SpaceMobile Inc (NASDAQ:ASTS) reported a Q2 loss, missing analyst estimates. Despite this, the company received a $100 million investment from Verizon and has significant liquidity. Analysts from B. Riley Securities and UBS raised their price targets for ASTS.
August 15, 2024 | 1:22 pm
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AST SpaceMobile reported a Q2 loss, missing analyst estimates. However, the company received a $100 million investment from Verizon and has significant liquidity. Analysts from B. Riley Securities and UBS raised their price targets for ASTS.
Despite missing Q2 earnings estimates, AST SpaceMobile received a significant investment from Verizon and has strong liquidity. Analysts have raised their price targets, indicating positive sentiment.
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