AST SpaceMobile, Inc. (ASTS): A Bull Case Theory
From Yahoo Finance: 2025-06-09 11:40:00
Bulls see potential in AST SpaceMobile, Inc. (ASTS) despite high cash burn and pre-revenue status. Investors like Ryan O’Connor and Toan believe AST has the potential to revolutionize satellite internet with direct-to-device broadband tech. Partnerships with major telecom providers create competitive moats. Upside potential is high if execution is successful.
AST SpaceMobile (ASTS) saw a 23% appreciation in value following a bullish thesis by Steve Wagner. Despite not being in the list of the top 30 popular stocks among hedge funds, 22 hedge fund portfolios held ASTS at the end of the first quarter. Investors see potential in ASTS as an investment with limited downside risk and high returns.