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

23.06

Mkt cap

6.8B

Volume

4.5M

High

23.73

P/E Ratio

-10.39

52-wk high

39.08

Low

22.85

Div yield

N/A

52-wk low

1.97

The article compares the performance of AST SpaceMobile, Inc. (ASTS) and Clearwater Analytics (CWAN) against their sector peers in the computer and technology sector for the current year.

Portfolio Pulse from

December 18, 2024 | 4:00 pm

AST SpaceMobile's stock has surged over 1,000%, but the company remains in startup mode with minimal revenues and high costs. It needs to raise up to $1 billion to fund 60 satellites for global coverage. The stock is considered overvalued at a $7 billion market cap.

Portfolio Pulse from

December 13, 2024 | 7:00 pm

Wall Street analysts are optimistic about AST SpaceMobile (ASTS), which may influence investor decisions. Analyst ratings can impact stock prices, but their significance is debated.

Portfolio Pulse from

December 13, 2024 | 3:45 pm

AST SpaceMobile is developing a significant satellite network to provide connectivity to underserved regions. The company's partnerships position it to capture a large share of the 5G market by offering direct smartphone services.

Portfolio Pulse from

December 13, 2024 | 11:45 am

AST SpaceMobile has secured a long-term commercial agreement with Vodafone to enhance global broadband connectivity. This partnership is expected to positively impact AST SpaceMobile's stock in the short term.

Portfolio Pulse from

December 10, 2024 | 5:30 pm

ASTS has partnered with Cadence to enhance its satellite bandwidth, aiming to build a robust space-based cellular broadband network.

Portfolio Pulse from

December 09, 2024 | 9:15 pm

AST SpaceMobile's stock is experiencing gains, with a 6.9% increase in share price as of 2 p.m. on Monday. The company is involved in space-based telecommunications.

Portfolio Pulse from

December 09, 2024 | 7:45 pm

AST SpaceMobile's stock is down 41% from its 52-week high, raising the question of whether it's a good time to buy the dip. The space industry is evolving with private companies like SpaceX and Rocket Lab USA at the forefront.

Portfolio Pulse from

December 07, 2024 | 1:45 pm

AST SpaceMobile has partnered with Cadence Design Systems to develop a custom chip for its space-based cellular broadband network.

Portfolio Pulse from

December 04, 2024 | 3:45 pm

Analysts have suggested investing in AST SpaceMobile (ASTS), highlighting the influence of brokerage-firm-employed analysts on stock prices. Investors should consider these recommendations when making decisions.

Portfolio Pulse from

November 27, 2024 | 3:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.