AST SpaceMobileASTS
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 Q3 regulatory filings by fund managers ($100M+ AUM)
324% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 25
250% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 7 (+5) [Q3]
169% more capital invested
Capital invested by funds: $649M [Q2] → $1.75B (+$1.1B) [Q3]
105% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 42
48% more call options, than puts
Call options by funds: $313M | Put options by funds: $211M
47% more funds holding
Funds holding: 171 [Q2] → 252 (+81) [Q3]
3.32% more ownership
Funds ownership: 38.96% [Q2] → 42.27% (+3.32%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Scotiabank Andres Coello 38% 1-year accuracy 5 / 13 met price target | 95%upside $45 | Sector Outperform Maintained | 15 Nov 2024 |
UBS Christopher Schoell 60% 1-year accuracy 3 / 5 met price target | 35%upside $31 | Buy Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 18 articles about ASTS published over the past 30 days