From what 5 stock analysts predict, the share price for AST SpaceMobile, Inc. (ASTS) might increase by 47.54% in the next year. This is based on a 12-month average estimation for ASTS. Price targets go from $15 to $53. The majority of stock analysts believe ASTS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assignedASTS 5 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect AST SpaceMobile, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ASTS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ASTS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andres Coello Scotiabank | Sector Outperform | $44.7 | Maintains | Nov 15, 2024 |
Christopher Schoell UBS | Buy | $31 | Maintains | Nov 15, 2024 |
Bryan Kraft Deutsche Bank | Buy | $63 | Maintains | Sep 4, 2024 |
Mike Crawford B. Riley Securities | Buy | $36 | Maintains | Aug 29, 2024 |
Andres Coello Scotiabank | Sector Outperform | $45.9 | Maintains | Aug 26, 2024 |
Andres Coello Scotiabank | Sector Outperform | $28 | Maintains | Aug 16, 2024 |
Mike Crawford B. Riley Securities | Buy | $26 | Maintains | Aug 15, 2024 |
Christopher Schoell UBS | Buy | $30 | Maintains | Aug 15, 2024 |
Christopher Schoell UBS | Buy | $13 | Maintains | Jun 10, 2024 |
Andres Coello Scotiabank | Sector Outperform | $12.9 | Maintains | May 30, 2024 |
Bryan Kraft Deutsche Bank | Buy | $19 | Maintains | Apr 3, 2024 |
Andres Coello Scotiabank | Sector Outperform | $7.4 | Maintains | Apr 2, 2024 |
Christopher Schoell UBS | Buy | $7 | Initiates | Mar 8, 2024 |
Bryan Kraft Deutsche Bank | Buy | $23 | Maintains | Nov 21, 2023 |
Mike Crawford B. Riley Securities | Buy | $15 | Initiates | Oct 28, 2022 |
Mathieu Robilliard Barclays | Overweight | $15 | Maintains | Oct 19, 2022 |
Bryan Kraft Deutsche Bank | Buy | $30 | Maintains | Aug 17, 2022 |
Bryan Kraft Deutsche Bank | Buy | $31 | Maintains | May 24, 2022 |
Bryan Kraft Deutsche Bank | Buy | $32 | Maintains | Apr 1, 2022 |
Barclays | Overweight | Initiates | Jul 12, 2021 |
When did it IPO
2021
Staff Count
489
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Abel Avellan
Market Cap
$7.34B
In 2023, ASTS generated $0 in revenue, which was a decrease of -100.00% from the previous year. This can be seen as a signal that ASTS's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The space industry is transitioning from government-led to private-sector dominance, with companies like SpaceX and Rocket Lab USA driving new developments in space exploration.
Why It Matters - The shift to private-sector dominance in the space industry indicates potential for growth, innovation, and investment opportunities, impacting stock values and market dynamics.
Summary - AST SpaceMobile (ASTS) shares rose by 6.9% in Monday's trading session, indicating positive market movement for the telecommunications company.
Why It Matters - AST SpaceMobile's stock surge indicates positive market sentiment, potentially reflecting investor confidence in its growth prospects and future profitability in the telecommunications sector.
Summary - AST SpaceMobile shares rose after the company secured a long-term contract with Vodafone, enhancing its competitive position against Starlink in satellite telecommunications.
Why It Matters - AST SpaceMobile's long-term contract with Vodafone boosts its market position, signaling growth potential and increased revenue, which could attract investor interest and enhance stock value.
Summary - ASTS is leveraging Cadence tools to develop a robust and accessible space-based cellular broadband network.
Why It Matters - ASTS's use of Cadence tools signals a commitment to advanced technology, enhancing its credibility and potential for growth in the emerging space-based broadband sector, attracting investor interest.
Summary - AST SpaceMobile (NASDAQ: ASTS) and Vodafone Group Plc (LSE: VOD) have signed a long-term commercial agreement through 2034 to develop a space-based cellular broadband network.
Why It Matters - AST SpaceMobile's long-term agreement with Vodafone enhances its market position, potentially driving revenue and growth in the satellite communications sector, impacting stock performance positively.
Summary - AST SpaceMobile (ASTS) stock rose 12.5% on Friday, reaching an intraday high of 13.9%.
Why It Matters - AST SpaceMobile's significant stock gain indicates strong market confidence, potentially attracting more investors and suggesting positive sentiment about the company's future performance.