This summary was created by AI, based on 3 opinions in the last 12 months.
AST SpaceMobile, Inc. is making significant strides in the development of a broadband cellular network in space. This innovative approach aims to provide mobile broadband services globally, allowing users to connect via standard mobile devices without the need for additional equipment. Founded in 2017 by Abel Avellan and based in Midland, TX, the company is at the forefront of an exciting sector that has attracted substantial attention. Recently, AST SpaceMobile has seen a remarkable increase in social media mentions by 900% over the last 24 hours. However, despite the hype, some experts caution that the stock may be overvalued and is currently not generating profits, which raises concerns about its long-term viability and investment potential.
The space sector is loved now. Shares are up 362% this year.
Is overvalued and it doesn't make money.
AST SpaceMobile is a American stock, trading under the symbol ASTS-Q on the NASDAQ (ASTS). It is usually referred to as NASDAQ:ASTS or ASTS-Q
In the last year, 2 stock analysts published opinions about ASTS-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AST SpaceMobile .
AST SpaceMobile was recommended as a Top Pick by on . Read the latest stock experts ratings for AST SpaceMobile .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered AST SpaceMobile In the last year. It is a trending stock that is worth watching.
On 2025-03-13, AST SpaceMobile (ASTS-Q) stock closed at a price of $26.12.
AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX. Social media mentions are up 900% in the past 24h.