AST SpaceMobile (NASDAQ: ASTS) closed at $69.90, up 185% YTD, rebounding sharply in December. Retail sentiment on Reddit and X is bullish, with ASTS maintaining an average sentiment score of 87 over the past week. Valuation remains high at 1,465 times trailing sales compared to Rocket Lab’s 47 times, driven by future expectations tied to its satellite broadband network.
User ponnewslo on r/wallstreetbets shared about buying $70 call options on ASTS before a recent surge. The post reflects catalyst-driven trading common among ASTS bulls. Despite bullish sentiment, technical indicators show limited upside without new catalysts. Investors should monitor ASTS’s satellite deployment schedule and revenue pipeline updates.
Retirement planning involves more than just picking the right investments. Many Americans are finding they can retire earlier than expected after reworking their portfolios. Answering three quick questions can make a significant impact on retirement planning. Take 5 minutes to learn more about optimizing retirement income.
Read more at Yahoo Finance: Reddit Traders Push AST SpaceMobile Higher Despite Analyst Sell Ratings and Extreme Multiples
