In the latest market close, AST SpaceMobile, Inc. (ASTS) reached $23.94, with a +0.38% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.28% for the day. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq decreased by 0.33%.Heading into today, shares of the company had lost 8.66% over the past month, lagging the Computer and Technology sector's gain of 2.1% and the S&P 500's gain of 0.41% in that time.The upcoming earnin ...

AST SpaceMobile has billions to spend before it has a fully operating satellite network, which means it needs more money.AST SpaceMobile (ASTS 0.17%) is on the verge of having a revenue-generating business, having just launched its first five operational satellites. That's great news for the company and investors, and enthusiasm for the stock is clear as its price is up more than 600% over the past year. There's just one problem -- AST SpaceMobile is only at the start of a very expensive growth phase.Here's ...

AST SpaceMobile, Inc. (ASTS) closed the most recent trading day at $26.98, moving +0.94% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq increased by 0.78%. The company's stock has climbed by 2.22% in the past month, exceeding the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67%. Analysts and investors alike will be keeping a close ...

AST SpaceMobile, Inc. (ASTS) has effectively deployed its initial set of five commercial satellites. The company highlighted that the BlueBird 1-5 satellites represent the largest commercial communications arrays to be sent into low Earth orbit. In July 2024, AST SpaceMobile announced the completion of these five satellites. The BlueBird satellites are all set for commercial operations and collaborations with the U.S. government as essential technical tasks have been wrapped up ahead of schedule. Utilizing ...

Uncle Sam wants AST to help build it a missile defense system.Direct-to-cell satellite communications provider AST SpaceMobile (ASTS) ran up 16% through 10:05 a.m. ET Thursday after announcing, last night after close of trading, that the U.S. Space Development Agency (SDA, an arm of the Space Force) has chosen AST to participate in its new Hybrid Acquisition for Proliferated Low Earth Orbit (HALO) program.What this means for AST SpaceMobileThe initial award value is reported to be small -- just $20,000, acc ...

Core Insights - Investor excitement around AST SpaceMobile has led to a stock price increase to a 52-week high of $38, but it has since cooled to around $24, raising questions about potential buying opportunities [1][5] Group 1: Business Opportunities - AST SpaceMobile has partnered with over 45 mobile telecommunications companies, including major players like Verizon and AT&T, which collectively serve approximately 2.8 billion global subscribers, providing a significant customer base [2][4] - The company estimates that 90% of the Earth's surface lacks cellular coverage, with 5.6 billion mobile devices frequently moving in and out of coverage, indicating a substantial market opportunity for its services [3][4] Group 2: Technology and Service Limitations - The initial five satellites will only provide non-continuous cellular broadband service in the U.S. and select global markets, with a full-fledged service requiring 95 satellites to be operational [5][6] - Management estimates a cost of $200 million for the next 20 satellites, suggesting a total expenditure of approximately $1.8 billion before a comprehensive service can be offered [6] Group 3: Investment Perspective - The recent pullback in stock price may present a buying opportunity for long-term investors, as the company has shown potential to fulfill its promises and could generate significant recurring revenue in the future [7][9] - Volatility is common in the early stages of fast-growing companies, and the stock could rebound following the recent decline, potentially surpassing previous highs [8][9]

AST SpaceMobile, Inc. (ASTS) closed at $28.49 in the latest trading session, marking a +0.96% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.02%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.04%. Shares of the company have depreciated by 0.28% over the course of the past month, underperforming the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%. The upcoming earnings release of AST SpaceMobile, Inc. will be of great inter ...

"A body in motion stays in motion." ~ Isaac Newton What is Momentum Stock Trading? Momentum traders are those investors who identify strong uptrends and bet they will continue to move in the same direction (which they tend to). These investors believe that, like paddling a canoe in a river, moving with the current is far easier than trying to fight it. Instead of attempting to catch the bottom, these investors are okay with missing part of the move to increase their risk-to-reward profile. If executed prope ...

It's a busy and exciting time for the space industry. Space stocks—companies that are engaged in activities related to space exploration—have experienced a major boost thanks to high-profile news stories. In mid-October SpaceX, the privately-held launch service, spacecraft maker, and satellite company founded by Elon Musk, successfully completed a major milestone with its fifth Starship flight test, including the first time a large rocket has been caught mid-air. NASA also made headlines as its Europa Clipp ...

AST SpaceMobile, Inc. (ASTS) recently disclosed some fine print on how it plans to bill customers for availing its cellular satellite service. This Midland, TX-based broadband service provider, which is transforming connectivity with direct-to-cell technology leveraging the first & only space-based cellular broadband network, intends to charge users as a monthly add-on and through a "day pass" system that consumers can opt for whenever needed. The monthly add-on feature will charge a fixed monthly rate to a ...