Streetbeat News

ASTS

AST SpaceMobile, Inc.

Industry

Communication Equipment

AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.

Open

31.61

Mkt cap

8.3B

Volume

9.8M

High

31.84

P/E Ratio

-12.67

52-wk high

39.08

Low

28.59

Div yield

N/A

52-wk low

1.97

AST SpaceMobile, Inc. (ASTS) outperformed the market with a +0.87% change, closing at $31.17 on the latest trading day.

Portfolio Pulse from

February 20, 2025 | 12:30 am

AST SpaceMobile is gaining attention as a satellite cellphone stock, competing with major players like SpaceX, Apple, and Amazon in the satellite cellphone service market.

Portfolio Pulse from

February 12, 2025 | 8:15 am

Small- and mid-cap AI stocks, including BigBear.ai, SoundHound AI, and AST SpaceMobile, saw significant gains this week. This was driven by falling Treasury yields and company-specific events like new business deals, analyst upgrades, and product launches.

Portfolio Pulse from

February 06, 2025 | 7:15 pm

AST SpaceMobile stock rose 7.6% after Cantor Fitzgerald analyst Colin Canfield initiated coverage with an 'overweight' rating.

Portfolio Pulse from

February 06, 2025 | 5:15 pm

AST SpaceMobile has announced a stock dilution, which was previously anticipated. This move will likely impact current shareholders by reducing their ownership percentage and potentially affecting the stock price negatively in the short term.

Portfolio Pulse from

February 02, 2025 | 1:30 pm

AST SpaceMobile is developing a space-based cellular broadband network with successful satellite launches. Despite high volatility and pre-revenue status, it aims for U.S. coverage by 2025 and global expansion. It faces high costs and financing needs but sees potential $10B revenue by 2029 from various markets.

Portfolio Pulse from

February 01, 2025 | 12:15 pm

AST SpaceMobile stock is experiencing a rebound for the second consecutive day, with a notable increase of 19.44%.

Portfolio Pulse from

January 31, 2025 | 4:30 pm

Wall Street analysts have a bullish view on AST SpaceMobile (ASTS), which may influence investor decisions. However, the article questions the actual impact of these analyst ratings on stock prices.

Portfolio Pulse from

January 31, 2025 | 3:45 pm

AST SpaceMobile stock surged 5.2% due to advancements in direct-to-cell satellite communications technology.

Portfolio Pulse from

January 30, 2025 | 3:45 pm

AST SpaceMobile shares fell by 11% due to concerns over Apple's iOS update supporting T-Mobile's Starlink texting service, impacting ASTS's satellite offering. Despite short-term volatility, ASTS's partnerships with Verizon and AT&T present a long-term investment opportunity.

Portfolio Pulse from

January 30, 2025 | 1:30 pm

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