Cantor Fitzgerald Forecasts AST SpaceMobile FY2025 Earnings

5 Space Stocks to Watch as the Industry Reaches New HeightsAST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of AST SpaceMobile in a report issued on Thursday, February 6th. Cantor Fitzgerald analyst C. Canfield anticipates that the company will earn ($1.10) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $30.00 price target on the stock. The consensus estimate for AST SpaceMobile's current full-year earnings is ($0.40) per share.Get AST SpaceMobile alerts:Other analysts also recently issued research reports about the company. Scotiabank decreased their target price on AST SpaceMobile from $44.70 to $40.20 and set a "sector outperform" rating on the stock in a research note on Friday, January 24th. UBS Group lifted their price objective on shares of AST SpaceMobile from $30.00 to $31.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $40.04.Globalstar: The Next Big Satellite Winner After Deal With Apple?View Our Latest Stock Analysis on ASTSAST SpaceMobile Price PerformanceNASDAQ:ASTS opened at $31.14 on Monday. The business's 50-day simple moving average is $22.71 and its two-hundred day simple moving average is $24.61. AST SpaceMobile has a 52 week low of $1.97 and a 52 week high of $39.08. The stock has a market cap of $9.02 billion, a PE ratio of -14.69 and a beta of 1.62. The company has a quick ratio of 5.80, a current ratio of 5.80 and a debt-to-equity ratio of 0.31. Rocket Lab Stock Soars Higher: Can It Keep Climbing?Hedge Funds Weigh In On AST SpaceMobileA number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASTS. Fairfield Financial Advisors LTD bought a new stake in AST SpaceMobile in the 3rd quarter worth approximately $26,000. Hollencrest Capital Management purchased a new position in shares of AST SpaceMobile in the third quarter valued at $26,000. Golden State Wealth Management LLC bought a new stake in AST SpaceMobile in the fourth quarter worth $46,000. AlphaQuest LLC purchased a new stake in AST SpaceMobile during the fourth quarter valued at $67,000. Finally, Rakuten Securities Inc. bought a new position in AST SpaceMobile during the third quarter valued at $68,000. 60.95% of the stock is owned by institutional investors. AST SpaceMobile Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than AST SpaceMobileThe 3 Best Blue-Chip Stocks to Buy NowMerck: 4 No-Brainer Reasons to Buy This Dip 3 Ways To Invest In Coffee, Other Than Drinking ItAckman Announces Major Stake in Uber: Should You Follow His Lead?How Technical Indicators Can Help You Find Oversold Stocks Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Where Should You Invest $1,000 Right Now?Before you make your next trade, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.They believe these five stocks are the five best companies for investors to buy now...See The Five Stocks Here Should You Invest $1,000 in AST SpaceMobile Right Now?Before you consider AST SpaceMobile, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AST SpaceMobile wasn't on the list.While AST SpaceMobile currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here