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ASTS

AST SpaceMobile, Inc.

https://ast-science.com

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

B. Riley Securities has maintained a Buy rating on AST SpaceMobile (NASDAQ:ASTS) and raised the price target from $15 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:42 pm

AST SpaceMobile Inc (NASDAQ:ASTS) reported Q2 earnings with sales of $900,000 and an adjusted loss of 51 cents per share, missing analyst estimates. The company highlighted a $100 million strategic investment by Verizon and announced the arrival of its first five commercial satellites for a September launch. AST SpaceMobile shares rose 2.11% after-hours.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 9:17 pm

AST SpaceMobile announced that its first five commercial satellites are on track for a dedicated orbital launch in the first half of September. As of June 30, 2024, the company had $287.6 million in cash, cash equivalents, and restricted cash.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:42 pm

AST SpaceMobile (NASDAQ:ASTS) reported Q2 2024 GAAP EPS of $(0.51), missing the $(0.22) estimate by 131.82%. This represents a 112.5% increase in losses compared to the same period last year. Quarterly sales were $900,000.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:40 pm

AST SpaceMobile Inc. (NASDAQ:ASTS) is set to report its Q2 2024 earnings on August 27, with analysts expecting a loss of 22 cents per share and revenue of $21 million. The company recently transported five BlueBird satellites to Cape Canaveral for a September launch. AST SpaceMobile aims to create the first space-based cellular broadband network accessible by everyday smartphones.

Portfolio Pulse from Dylan Berman

August 14, 2024 | 7:00 pm

The top 10 trending stocks on WallStreetBets as of August 14, 2024, include NVDA, SBUX, WAY, MADE, INTC, CMG, LOT, AI, AMZN, and ASTS, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:11 pm

The top 10 trending stocks on WallStreetBets as of August 12, 2024, include NVDA, WAY, MADE, INTC, LOT, AI, GLD, ASTS, QQQ, and DJT, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:17 pm

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading lower on Friday after gaining more than 13% on Thursday. The company received FCC approval to launch its first five commercial BlueBird satellites, which have arrived in Cape Canaveral for a planned launch in September. The stock is trending on WallStreetBets, and 18.21% of its shares are being sold short, contributing to volatility. Analysts have an average 12-month price target of $12.95, with no recent adjustments.

Portfolio Pulse from Erica Kollmann

August 09, 2024 | 5:06 pm

The top 10 trending stocks on WallStreetBets as of August 9, 2024, include NVDA, WAY, MADE, LOT, ASTS, INTC, TSLA, PLTR, TSM, and AAPL, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:20 pm

AST SpaceMobile shares are trading higher after the company received FCC approval to launch its first five commercial BlueBird satellites.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:04 pm

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