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 shares are experiencing a rise following the company's announcement that its first five commercial satellites are scheduled for launch in the first half of September.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:30 pm

ZIM Integrated Shipping Services reported strong Q2 earnings, leading to a 19.6% stock surge. fuboTV shares rose 29% after a legal ruling, and Foghorn Therapeutics gained 20.9% following a positive analyst rating. Other stocks like Lyell Immunopharma and Xperi also saw significant gains.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 2:25 pm

The article lists the top 10 trending stocks on WallStreetBets as of August 19, 2024, based on data from Swaggy Stocks. The stocks mentioned are AMD, ASTS, CLOV, INTC, LOT, MADE, NVDA, RKLB, WAY, and ZIM.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 1:14 pm

The article highlights the top 7 best-performing mid-cap stocks from August 11 to August 17. AST SpaceMobile, Tempus AI, Intapp, Loar Holdings, Rocket Lab USA, Qifu Technology, and Lumentum Holdings saw significant gains due to various positive developments.

Portfolio Pulse from Lekha Gupta

August 18, 2024 | 7:28 pm

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are experiencing volatility after rising on Thursday. The company announced that certain shareholders may attend the launch of the BlueBird 1-5 Mission at Cape Canaveral. The BlueBird satellites are part of AST SpaceMobile's mission to create the first global cellular broadband network in space. Analysts from B. Riley Securities and UBS have raised their price targets for ASTS.

Portfolio Pulse from Dylan Berman

August 16, 2024 | 6:15 pm

Scotiabank analyst Andres Coello maintains a Sector Outperform rating on AST SpaceMobile (NASDAQ:ASTS) and raises the price target from $21.1 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 4:53 pm

Benzinga's 'Stock Whisper' Index highlights five under-the-radar stocks: AST SpaceMobile, Cingulate Inc, Palantir Technologies, Workday Inc, and Snap Inc. AST SpaceMobile is set to launch five satellites, Cingulate received a European patent for its ADHD treatment, Palantir reported strong Q2 results and partnerships, Workday is set to report Q2 results, and Snap saw interest despite negative news.

Portfolio Pulse from Chris Katje

August 16, 2024 | 3:40 pm

H&R Block reported better-than-expected Q4 earnings and issued strong FY25 guidance, leading to a 16.4% rise in its stock price. Other notable gainers include Emergent BioSolutions, AST SpaceMobile, Rocket Lab USA, Planet Labs, Jumia Technologies, Polestar Automotive, SIGA Technologies, Ambipar Emergency Response, Treace Medical Concepts, CI&T, QXO, Cellebrite DI, JD.com, and Alibaba Group.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 2:15 pm

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 1:17 pm

On Thursday, major U.S. indices closed higher, with the Dow Jones, S&P 500, and NASDAQ all seeing significant gains. The top trending stocks were Amazon, AST Spacemobile, Cingulate, Applied Materials, and Tesla, each experiencing notable price increases due to various positive news and data.

Portfolio Pulse from Benzinga Neuro

August 16, 2024 | 2:55 am

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.