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

25.55

Mkt cap

6.9B

Volume

919K

High

26.11

P/E Ratio

-10.86

52-wk high

39.08

Low

24.48

Div yield

N/A

52-wk low

1.97

AST SpaceMobile (ASTS) has a favorable rank and a unique business model, suggesting potential for stock price appreciation despite lackluster Q3 earnings.

Portfolio Pulse from

November 19, 2024 | 3:45 pm

Space stocks experienced significant gains this week, with Rocket Lab, Intuitive Machines, Spire Global, Planet Labs, Redwire, and AST SpaceMobile seeing notable increases. Analysts attribute this to a 'Trump-Elon trade' rally.

Portfolio Pulse from

November 15, 2024 | 10:15 pm

AST SpaceMobile's stock dropped by 12% due to unspecified reasons, potentially impacting investor sentiment and stock performance.

Portfolio Pulse from

November 15, 2024 | 7:00 pm

AST SpaceMobile's stock is experiencing a significant decline following the release of its third-quarter report. Investors are questioning whether the market's reaction is justified and if this presents a buying opportunity.

Portfolio Pulse from

November 15, 2024 | 5:45 pm

AST SpaceMobile reported its third-quarter 2024 results, surpassing earnings estimates but missing revenue expectations. The results were driven by the successful launch of the BlueBird satellites and multiple deal wins.

Portfolio Pulse from

November 15, 2024 | 4:45 pm

AST SpaceMobile's stock is plummeting following their earnings report. The decline may be attributed to disappointing financial results or other negative news related to the company's performance.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

AST SpaceMobile (NASDAQ: ASTS) has announced agreements to secure orbital launch capacity for a global, space-based cellular broadband network. The launch campaign will begin in 2025-2026, using Blue Origin's New Glenn rocket and other vehicles to deploy up to 60 next-gen Block 2 BlueBird satellites.

Portfolio Pulse from

November 15, 2024 | 2:15 pm

AST SpaceMobile's stock price fell after Q3 results, despite no fundamental issues. The company is nearing a point to prove its business viability, but significant revenue is still 1-2 years away. Short-term stock movements will likely depend on investor sentiment.

Portfolio Pulse from

November 15, 2024 | 12:45 pm

AST SpaceMobile, Inc. (ASTS) held its Q3 2024 earnings call on November 14, 2024. Key company participants included Scott Wisniewski, Abel Avellan, and Andrew Johnson. The call featured questions from analysts at B. Riley Securities, UBS, Quilty Analytics, and Deutsche Bank.

Portfolio Pulse from

November 15, 2024 | 2:00 am

AST SpaceMobile Inc. experienced a decline in its stock price following the announcement of a widened third-quarter loss. This financial result has negatively impacted investor sentiment, leading to a drop in the company's share value during extended trading.

Portfolio Pulse from

November 14, 2024 | 10:45 pm

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