11 Stocks That Will Go to the Moon According to Reddit

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

Analyst Upside as of January 14, 2025: 92%

Number of Hedge Fund Holders: 18

AST SpaceMobile, Inc. (NASDAQ:ASTS) is a satellite designer and manufacturer based in the United States. The company intends to become a leader in cellular connectivity, allowing people to access networks in any part of the world. In an impressive feat, in 2024, the AST SpaceMobile, Inc. (NASDAQ:ASTS) launched and deployed its first five BlueBird satellites and also partnered with key companies like Google, Verizon, AT&T, and Vodafone.

On January 7, ASTS received a buy rating from Scotiabank from analyst Andres Coello. Coello maintained a buy rating on the stock with a price target of $44.7. The company’s rapid pace in securing crucial partnerships to provide 100% coverage in the United States has primarily contributed to its popularity among investors and analysts alike. For instance, in the third quarter of 2024, AST SpaceMobile, Inc. (NASDAQ:ASTS) launched agreements with Blue Origin, ISRO, and Space X to help ASTS launch its Block 2 BlueBirds.

ASTS has agreements with more than 45 mobile network operators, as of Q3 2024. These MNOs make up over 2.8 billion subscribers across the globe, putting ASTS in a very favorable position. Analysts are also bullish on the stock and their median price target implies an upside of 92%.