AST SpaceMobileASTS
Market Cap: $4.13B
About: AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Employees: 489
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
323% more capital invested
Capital invested by funds: $151M [Q1] → $637M (+$486M) [Q2]
126% more call options, than puts
Call options by funds: $72.6M | Put options by funds: $32.1M
100% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 30
21% more funds holding
Funds holding: 140 [Q1] → 170 (+30) [Q2]
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
4.02% less ownership
Funds ownership: 42.28% [Q1] → 38.26% (-4.02%) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Deutsche Bank Bryan Kraft 82% 1-year accuracy 14 / 17 met price target | 141%upside $63 | Buy Maintained | 4 Sept 2024 |
B. Riley Securities Mike Crawford 50% 1-year accuracy 6 / 12 met price target | 38%upside $36 | Buy Maintained | 29 Aug 2024 |
Scotiabank Andres Coello 88% 1-year accuracy 7 / 8 met price target | 76%upside $46 | Sector Outperform Maintained | 26 Aug 2024 |
Scotiabank Andres Coello 88% 1-year accuracy 7 / 8 met price target | 7%upside $28 | Sector Outperform Maintained | 16 Aug 2024 |
UBS Christopher Schoell 100% 1-year accuracy 3 / 3 met price target | 15%upside $30 | Buy Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 34 articles about ASTS published over the past 30 days