Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
01 November 2019Website:
http://ast-science.comNext earnings report:
01 April 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 10 min agoDividend
Analysts recommendations
Institutional Ownership
ASTS Latest News
Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts called a "Trump-Elon trade." Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire Global up 26%, Planet Labs up 16%, Redwire up 15% and AST SpaceMobile up 10%.
Why AST SpaceMobile Stock Just Crashed 12%
ASTS reports modest third-quarter 2024 results driven by the successful orbital launch of the first five commercial satellites, the BlueBirds, along with multiple deal wins.
AST SpaceMobile (NASDAQ: ASTS) has announced agreements to secure orbital launch capacity for a global, space-based cellular broadband network accessible directly from standard smartphones. Targeting high-demand markets like the U.S., Europe, Japan, and government applications, the launch campaign will begin in 2025-2026 from Cape Canaveral, using Blue Origin's New Glenn rocket and other vehicles to deploy up to 60 next-gen Block 2 BlueBird satellites.
AST SpaceMobile's share price dropped after the release of its Q3 results, although there was little reason for this from a fundamental perspective. AST is reaching a point where it can demonstrate the viability of its business, but meaningful revenue probably remains 1-2 years away. This likely means that ASTS stock will remain at the mercy of small shifts in investor sentiment in the short term.
Is the market having the right reaction to AST SpaceMobile's recent third-quarter report?
AST SpaceMobile, Inc. (NASDAQ:ASTS ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Scott Wisniewski - President and Chief Strategy Officer Abel Avellan - Founder, Chairman and Chief Executive Officer Andrew Johnson - Chief Financial Officer and Chief Legal Officer Conference Call Participants Mike Crawford - B. Riley Securities Christopher Schoell - UBS Chris Quilty - Quilty Analytics Bryan Kraft - Deutsche Bank Caleb Henry - Quilty Analytics Operator Good day and thank you for standing by.
Shares of AST SpaceMobile Inc. fell in extended trading Thursday after the space-based broadband company's third-quarter loss widened.
MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced launch services agreements securing the orbital launch capacity to enable continuous space-based cellular broadband service coverage across some of the most in-demand cellular markets globally. AST SpaceMob.
Superior solutions and a deep-seated, irrefutable long-term need make these three names overlooked winners.
What type of business is AST SpaceMobile?
AST SpaceMobile, Inc., together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.
What sector is AST SpaceMobile in?
AST SpaceMobile is in the Technology sector
What industry is AST SpaceMobile in?
AST SpaceMobile is in the Communication Equipment industry
What country is AST SpaceMobile from?
AST SpaceMobile is headquartered in United States
When did AST SpaceMobile go public?
AST SpaceMobile initial public offering (IPO) was on 01 November 2019
What is AST SpaceMobile website?
https://ast-science.com
Is AST SpaceMobile in the S&P 500?
No, AST SpaceMobile is not included in the S&P 500 index
Is AST SpaceMobile in the NASDAQ 100?
No, AST SpaceMobile is not included in the NASDAQ 100 index
Is AST SpaceMobile in the Dow Jones?
No, AST SpaceMobile is not included in the Dow Jones index
When was AST SpaceMobile the previous earnings report?
No data
When does AST SpaceMobile earnings report?
The next expected earnings date for AST SpaceMobile is 01 April 2025