The world is becoming increasingly connected, and demands to ensure this is reliable regardless of location has never been higher. Part of the solution over the last few years has been the rise of large-phased satellite arrays in lowGordon is a freelance investment writer from Glasgow, Scotland. With a Masters Degree in Civil Engineering, he also works in Asset Management, and runs a financial education company called Oak Investing with a wide following across 40 countries. With a passion for empowering ind ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AST SpaceMobile, Inc. (ASTS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AST SpaceMobile currently has an average brokerage ...

There's a new space race in full swing, but private industry, not world superpowers, are driving this post-Cold War iteration. While Elon Musk and Jeff Bezos have dominated headlines with their exciting advancements in rocketry, a cottage industry of smaller start-ups is vying for dominance in all manner of space-based markets.AST SpaceMobile (ASTS -0.17%) is betting it can be a crucial provider of mobile communications using a fleet of satellites. Investors seem to be buying into the vision that the compan ...

AST SpaceMobile, Inc. (ASTS) reported modest third-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same.Net loss in the reported quarter was $171.9 million or $1.10 per share compared with a loss of $20.9 million or 23 cents per share in the year-ago quarter. Non-GAAP net income was 10 cents per share, which beat the Zacks Consensus Estimate by 28 cents. Quarterly revenues were $1.1 million, which missed the consensus estimate of $2 million.Key Grow ...

Core Insights - Recent rally in pure-play space stocks, with some leaders gaining over 20%, attributed to a "Trump-Elon trade" reflecting the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk [1][2] - The influence of President-elect Trump on the space industry is significant, as he previously established a separate military branch focused on space [2] - Notable stock performance includes Rocket Lab up 41%, Intuitive Machines up 28%, and Spire Global up 26%, driven by third-quarter results and strategic updates [3] Market Sentiment - Broader market sentiment is contributing to the rally, with analysts noting a "risk-on" environment following Trump's election victory [4] - Year-to-date performance shows top space stocks have rebounded significantly, with some tripling or quadrupling in value [4][5] - Increased interest from institutional investors is noted, recognizing the growth potential in the space market driven by national security and ambitious space programs [6]

AST SpaceMobile (ASTS -12.24%) stock tumbled 12.5% through noon ET Friday after the company reported a big earnings miss last night.Heading into the report, analysts forecast the start-up provider of direct-to-cell (via satellite) mobile communications would report a $0.23-per-share loss for its Q3 2024. Instead, AST said it lost $1.10 per share. AST SpaceMobile Q3 earningsCEO Abel Avellan led off the report highlighting AST's "many significant milestones" recently achieved, such as the successful launch of ...

AST SpaceMobile, Inc. (ASTS) reported modest third-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same.  Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Bottom LineNet loss in the reported quarter was $171.9 million or a loss of $1.10 per share compared with $20.9 million or 23 cents per share in the year-ago quarter. Non-GAAP net income was 10 cents per share, which beat the Zacks Consensus Estimate by 28 cents.RevenuesQua ...

In this video, I will cover AST SpaceMobile's (ASTS -12.89%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 14, 2024. The video was published on Nov. 15, 2024. ...

SpaceMobile Transforming how the world connects NASDAQ: ASTS Business Update – Third Quarter 2024 November 14, 2024 ast-science.com ast-science.com Forward Looking Statements The information in this presentation and the oral statements made in connection therewith includes "forward-looking statements" for the purposes of federal securities laws that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All stateme ...

AST SpaceMobile's (NASDAQ: ASTS ) share price reacted negatively after the release of the company's third quarter results . From a fundamental perspective, there have been few developments of late that should have materially impacted AST’s share price, though. While the launchRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can ...