10 Best Performing Growth Stocks in 2025

8. AST SpaceMobile, Inc. (NASDAQ:ASTS)

YTD-Performance: 34.66%

Number of Hedge Fund Holders: 22

AST SpaceMobile, Inc. (NASDAQ:ASTS) is in the process of building a space-based cellular broadband network designed to connect directly to standard mobile devices. Its SpaceMobile network strives to provide 4G/5G speeds to existing smartphones in areas without terrestrial coverage.

The past year and a half have been transformative for the company. During the fiscal fourth quarter of 2024, AST SpaceMobile, Inc. (NASDAQ:ASTS) expanded its customer base through commercial and US government engagements, including agreements with Vodafone covering 20+ countries and a $43 million contract with the US Space Development Agency. The company also has agreements with approximately 50 mobile network operators globally, representing nearly three billion subscribers. In a major strategic development, the company is accelerating the production of its Block 2 Bluebird satellites, with plans to launch up to 60 satellites during 2025 and 2026.

AST SpaceMobile, Inc. (NASDAQ:ASTS) has risen more than 34% on a year-to-date basis, making it one of the best-performing growth stocks in 2025.