AST SpaceMobile(ASTS)

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AST SpaceMobile: Satellite Internet Service For Smartphones - Why I'm All In
Seeking Alpha· 2024-07-29 18:10
apomares/E+ via Getty Images Investment Thesis AST SpaceMobile, Inc. (NASDAQ:ASTS) is on the verge of launching its groundbreaking satellite-based mobile network, with the event just weeks away. This launch marks the deployment of the first batch of commercial satellites, serving as a powerful near-term catalyst, as it represents a major milestone in the realization of affordable satellite broadband connection. Unique Product ASTS has a bold vision: to create the first global cellular broadband network in s ...
AST SpaceMobile (ASTS) to Ship First Five Commercial Satellites
ZACKS· 2024-07-29 17:11
AST SpaceMobile, Inc. (ASTS) recently announced the successful completion of its first five commercial satellites, marking a key advancement in developing a space-based mobile network intended to offer widespread coverage, particularly in regions that lack traditional telecommunications infrastructure. Dubbed Bluebird, these satellites are equipped with the largest-ever commercial communications arrays spanning 693 square feet. They will be deployed in low Earth orbit to potentially offer non-continuous ser ...
3 Space Tourism Stocks That Could Skyrocket by 2025
Investor Place· 2024-07-27 10:45
Industry Overview - The space tourism sector is emerging as a promising investment opportunity, transitioning from government-funded exploration to private sector involvement [1] - The space industry is currently valued at $350 billion and is projected to grow to $1 trillion by 2040, indicating significant long-term potential despite short-term volatility [1] Virgin Galactic (SPCE) - Virgin Galactic aims to commercialize human spaceflight, having completed its 12th suborbital flight and developing a new Delta spacecraft line, with ticket prices at $450,000 [3][4] - The company reported $2 million in revenue for the previous quarter, a substantial increase from $0.4 million year-over-year, although it remains unprofitable [3][4] - Virgin Galactic's first-mover advantage in the space tourism industry positions it as a strong candidate for long-term investment [4] Rocket Lab (RKLB) - Rocket Lab is a key player in the rocket industry, recently completing its 50th launch of the Electron rocket and planning to increase launch frequency [5][6] - The company reported a 69% year-over-year revenue increase to $92.8 million in Q1, with gross profits rising to $24.2 million and net losses narrowing by 3% [5][6] - Rocket Lab is nearing profitability and anticipates revenue in the range of $105 to $110 million, making it an attractive long-term investment option [6] AST SpaceMobile (ASTS) - AST SpaceMobile is focused on disrupting telecommunications with a space-based satellite network that enables direct-to-cell calls, aiming to improve digital connectivity [7][8] - The company plans to launch five Bluebird satellites in August and aims to deploy six satellites per month by 2025, with partnerships with major telecom operators [8] - While AST's technology is still in the testing phase, it presents high growth potential for investors willing to take on associated risks [8]
AST SpaceMobile, Inc. (ASTS) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-07-22 23:21
In the latest market close, AST SpaceMobile, Inc. (ASTS) reached $12.80, with a -0.31% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Heading into today, shares of the company had gained 27.38% over the past month, outpacing the Computer and Technology sector's loss of 4.77% and the S&P 500's gain of 0.43% in that time.Analysts and investors alike will be keeping a close eye on the ...
3 Under $20 Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-22 15:45
When investment resources talk about stocks to buy under $20, what are they really saying? Anybody can filter out equities based on their price per share. However, so much more goes into a proper analysis. Often times, the actual price is the last thing that seasoned investors consider because of one harsh reality: price alone doesn’t really tell us much.Instead, when you’re looking for stocks to buy under $20, it goes without saying that you’re looking for ideas that can rise to $30 per share, let’s say, o ...
AST SpaceMobile: A Moonshot Investment Opportunity In The Direct-To-Cell Race
Seeking Alpha· 2024-07-21 17:06
Core Viewpoint - AST SpaceMobile is positioned to disrupt the telecommunications industry by providing direct-to-cell services to smartphone users outside terrestrial cellular coverage, with the launch of its first five Block 1 BlueBird satellites expected next month, leading to anticipated revenues by Q4 this year [1][21]. Business Overview - AST is a vertically integrated space-based cellular broadband network provider with over 3350 patents and aims to operate a constellation of LEO satellites for direct mobile phone connectivity at broadband speeds [2]. - The company has secured $20 million in revenue commitments from AT&T and expects to start generating revenues in Q4 this year after testing its first five satellites [2]. Competitive Landscape - AST's technology is considered more advanced than competitors like SpaceX and Lynk, having achieved significant milestones such as the first 5G voice call and a data rate of 14 Mbps [11][12]. - AST's initial five Block 1 satellites and planned 20 Block 2 satellites can provide limited services in the US, requiring 90 satellites for full global coverage [14]. Revenue Projections - AST's revenue estimates for 2025 project $412.8 million, assuming 15% of AT&T and Verizon's users subscribe to its service at a monthly rate of $2 [15]. - Revenue projections for subsequent years show significant growth, with estimates reaching $3.7 billion by 2030, based on increasing user adoption from the "effective coverage gap" population [16]. Valuation - The target price for AST is set at $144 by 2030, implying a potential upside of 1018% from current levels, based on a target P/S ratio of 10 compared to SpaceX's P/S ratio of 15.79 [17][22].
Why AST SpaceMobile, Inc. (ASTS) Outpaced the Stock Market Today
ZACKS· 2024-07-16 23:21
In the latest market close, AST SpaceMobile, Inc. (ASTS) reached $13.71, with a +1.71% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.64%. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the company had gained 14.72% over the past month. This has outpaced the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82% in that time.The investment community will be clo ...
Treasure Hunt: 3 Space Stocks Wall Street Hasn't Discovered Yet
Investor Place· 2024-07-13 11:00
The space sector is projected to see substantial growth, with the global space economy expected to exceed $1 trillion by 2040. This growth is fueled by increased governmental and private investment in space exploration, making now a great time for investors to consider scooping up some undiscovered space stocks.Private investment in space startups has surged, with venture capital funding reaching new heights. This influx of capital is supporting a wide range of space-related activities, from launch services ...
The 3 Best Space Stocks to Buy in July 2024
Investor Place· 2024-07-12 18:40
Morgan Stanley predicts that the value of the space sector will reach $1 trillion annually by 2040, up from about $330 billion today, and certain space stocks could benefit greatly from that. Goldman Sachs has a similar outlook. Of course, satellites, satellite launchers, and defense systems are three of the most lucrative parts of the space economy. And the number of “objects” launched by America is rising meaningfully every year and jumped from 362 in 2019 to 2,166 in 2023.Meanwhile, NASA is quite active ...
Hot Stocks: 3 Breakout Stars Racing Towards Triple-Digit Returns
Investor Place· 2024-07-10 10:00
Breakout Stocks Overview - Breakout stocks like Nvidia have captured headlines, but other companies with significant potential are rising rapidly and often overlooked by investors [1] - Over-concentration in portfolios, particularly with S&P 500 breakout stocks, conceals the broader market's true performance, which accounts for nearly half of the index's 26% twelve-month gain [1] - These overlooked breakout stocks offer diversification away from mega-caps and continued upside potential [1] AST SpaceMobile (ASTS) - AST SpaceMobile is a space-based communications company that has surged after announcing the commercialization of its low-earth satellites, aiming to provide 100% cellular coverage across North America [2] - Strategic partners include AT&T, Verizon, Vodafone, and Google, with the potential to serve up to 2.8 billion subscribers globally [2] - ASTS shares surged over 150% in the past six months, marking a major milestone toward continued triple-digit returns [3] Palantir Technologies (PLTR) - Palantir Technologies has seen a significant shift in fortune, with shares soaring nearly 70% since January, driven by diversification away from over-reliance on government contracts [5] - The company has expanded its client base to include corporate clients like Tampa General Hospital, United Airlines, AARP, and Wendy's, diversifying revenue streams and reducing risk [6] - Palantir's momentum is supported by technical factors, with shares consistently bouncing off a resistance level in the $27-range, indicating potential for continued breakout performance [6] SharkNinja (SN) - SharkNinja has achieved a 20% compounded annual growth rate since 2008, demonstrating resilience through various economic challenges, including the Global Financial Crisis and the pandemic [7] - The company's refined growth strategy involves gaining a foothold in new markets through wholesale channels, as seen with the successful launch of a new line of coolers through Dick's Sporting Goods [8] - Bank of America raised its price target for SharkNinja to $95 per share, a 26% premium over its current price, reflecting optimism about its growth strategy and market expansion potential [8]