Latest news with #ASTSpaceMobile
Yahoo
a day ago
- Business
- Yahoo
AST SpaceMobile (ASTS) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about AST SpaceMobile, Inc. (ASTS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. AST SpaceMobile currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by eight brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy. Of the eight recommendations that derive the current ABR, seven are Strong Buy, representing 87.5% of all recommendations. Check price target & stock forecast for AST SpaceMobile here>>> The ABR suggests buying AST SpaceMobile, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for AST SpaceMobile, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at -$0.99. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for AST SpaceMobile. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for AST SpaceMobile. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AST SpaceMobile, Inc. (ASTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
AST SpaceMobile (ASTS) Jumps 10.6% on Vodafone Deal
We recently published a list of These 10 Stocks Boast Double-Digit Gains Amid Boring Market. AST SpaceMobile Inc. (NASDAQ:ASTS) is one of the best-performing stocks on Thursday. AST SpaceMobile rallied by 10.6 percent on Wednesday to close at $44.35 apiece as investors cheered its partnership with Vodafone Idea (Vi) to expand mobile connectivity across India's unconnected regions. In a statement, AST SpaceMobile and Vi will join forces for the establishment of SpaceMobile Satellite System that will expand the latter's telecom services including voice, video, data streaming, and internet access. Under the agreement, AST SpaceMobile Inc. (NASDAQ:ASTS) will develop and manage the satellite constellation while Vi will oversee terrestrial network integration, operating spectrum, and market access. An aerial view of a communications satellite in orbit, beaming its signal down to Earth. 'Vi has always been committed to leveraging technology to connect every Indian and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we are looking forward to ushering in a new era of seamless and resilient connectivity,' said Avneesh Khosla Chief Marketing Officer. While we acknowledge the potential of ASTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
3 days ago
- Business
- Business Standard
Vodafone Idea share price rises 2% on inking pact with AST SpaceMobile
Vodafone Idea shares surged following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote & unconnected regions. SI Reporter New Delhi Vodafone Idea share price: Vodafone Idea (Vi) shares were buzzing in trade on Thursday, June 19, 2025, with the stock rising up to 2.43 per cent to hit an intraday high of ₹6.72 per share. At 9:36 AM, Vodafone Idea share price was trading 0.30 per cent higher at ₹6.58 per share. In comparison, BSE Sensex was trading flat with a positive bias at 81,457 levels. What sparked the up move in Vodafone Idea share price today? Vodafone Idea shares surged today following the announcement of a strategic partnership with AST SpaceMobile Inc. aimed at expanding mobile connectivity across India's most remote and unconnected regions. 'AST SpaceMobile made history by placing the first ever voice and video call from space using a standard mobile phone, a milestone that demonstrates the real world viability of its advanced technology,' Vodafone Idea highlighted, in a statement. India, home to over 1.1 billion mobile subscribers, remains one of the most dynamic telecom markets globally. While 4G is widespread and 5G is growing, large parts of the country still struggle with mobile access due to challenging terrains. Satellite communication is expected to play a crucial complementary role in bridging these coverage gaps. "India, with its vast and dynamic telecom market, is the ideal place to demonstrate how our space-based cellular broadband can seamlessly complement terrestrial networks," said Chris Ivory, chief commercial officer, AST SpaceMobile. The partnership will integrate Vi's national mobile network with AST SpaceMobile's space-based cellular broadband, which connects directly to everyday smartphones—without requiring any additional software, device changes, or updates. "Vi has always been committed to leveraging technology to connect every Indian and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we are looking forward to ushering in a new era of seamless and resilient connectivity," said Avneesh Khosla, Chief Marketing Officer, Vi. ALSO READ | Aligned with the goals of the Digital India initiative, the collaboration will focus on the design, deployment, and launch of a satellite-based broadband system. AST SpaceMobile will develop and manage the satellite constellation, while Vodafone Idea will oversee terrestrial network integration, spectrum operations, and market access. Ivory added, "We are not just expanding coverage; we are breaking down barriers to connectivity, enabling everyday smartphones to access 4G and 5G directly from space. Together with Vodafone Idea, we are excited to unlock new possibilities for emergency response, disaster management, agriculture, remote learning, and countless other applications that will benefit from truly ubiquitous mobile broadband." The collaboration is set to position India at the forefront of global space tech innovation, while also enabling Vi and AST SpaceMobile to develop commercial solutions across consumer, enterprise, and IoT sectors. About Vodafone Idea Vodafone Idea Limited is among the leading telecom service providers in India, formed through a partnership between the Aditya Birla Group and Vodafone Group. With a robust spectrum portfolio—including mid-band 5G spectrum in 17 circles and mmWave spectrum in 16 circles—Vodafone Idea is committed to meeting the growing demand for mobile connectivity. technologies, offering innovative solutions for both retail and enterprise customers.
Time of India
3 days ago
- Business
- Time of India
Vodafone Idea shares in focus after satellite connectivity tie-up with AST SpaceMobile
Shares of Vodafone Idea (Vi) will be in focus on Thursday, June 19, after the company announced a strategic partnership with AST SpaceMobile to deliver satellite-based connectivity services in India. In a press release filed with the stock exchanges, Vodafone Idea disclosed its collaboration with AST SpaceMobile, a US-based Nasdaq-listed company building the world's first space-based cellular broadband network accessible directly by standard mobile phones. The partnership aims to bring Direct-to-Device (D2D) satellite broadband connectivity to India, supporting the government's Digital India initiative and its vision of universal mobile access. The initiative is particularly focused on enhancing connectivity in India's remote and underserved regions. Under the agreement, Vi's national telecom infrastructure will be integrated with AST SpaceMobile's satellite technology, which enables standard mobile phones to connect directly to satellites—without the need for special hardware or software modifications. The two companies will collaborate on the SpaceMobile Satellite System to deliver voice, video, data streaming, and internet services through this satellite-powered network. AST SpaceMobile, which previously made headlines for enabling the first-ever voice and video call from space using a standard mobile phone, will be responsible for the design, manufacturing, and deployment of the satellite constellation. Vodafone Idea will oversee terrestrial network integration, spectrum operations, and ensure market access within India. Also read: As returns fade, Aswath Damodaran lays out 4 red flags about alternative investments The partnership is seen as a step that could redefine connectivity in rural and hard-to-reach areas, while also unlocking commercial opportunities across consumer, enterprise, and IoT segments. It reinforces India's position at the forefront of global space-tech innovation. 'Vi has always been committed to leveraging technology to connect every Indian, and we see satellite communication as a complement to terrestrial connectivity. As satellite-based mobile access becomes a reality in India, we look forward to ushering in a new era of seamless and resilient connectivity,' said Avneesh Khosla, Chief Marketing Officer of Vi. On Wednesday, Vodafone Idea shares closed 0.8% lower at Rs 6.56 on the BSE. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Yahoo
3 days ago
- Business
- Yahoo
Why AST SpaceMobile Stock Soared Higher Today
AST SpaceMobile is partnering with a massive Indian telecom company. The deal is a massive opportunity to connect users who would otherwise be unable to access a cellular network. 10 stocks we like better than AST SpaceMobile › Shares of AST SpaceMobile (NASDAQ: ASTS) jumped on Wednesday, finishing the day up 10.6%. The spike came as the S&P 500 and Nasdaq Composite were relatively flat. The satellite communications company announced a new partnership with a massive telecom provider in India. AST SpaceMobile announced a strategic partnership with Vodafone Idea (Vi), an Indian telecom giant with over 1.1 billion mobile subscribers. The deal will combine Vodafone's land-based network with AST's satellite-based technology to connect underserved regions using regular smartphones. India represents a massive growth market with a huge population and a significant number of underserved customers in remote regions. AST's space-based system makes it possible for these populations to access Vodafone's network. The deal is a major opportunity and marks another validation of its technology. This comes just weeks after Jeff Bezos visited the company's headquarters in Texas. The Amazon founder's presence set off a firestorm of rumors about an increased partnership between his space company, Blue Origin, and AST. It seems things are going well for the satellite maker. AST's vision for the future of broadband access is compelling. It's not hard to see the value it can provide. Investors should be aware of the cost of building out its network, despite its recent successes. There is a risk of dilution as the company finances its network. But for those with a high risk tolerance and a longer time horizon, I think AST SpaceMobile is a good pick. Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Why AST SpaceMobile Stock Soared Higher Today was originally published by The Motley Fool
