12 Best Multibagger Stocks to Buy in 2025

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

Number of Hedge Fund Holders: 22

Stock Price Return in the last twelve months: 918%

AST SpaceMobile, Inc. (NASDAQ:ASTS) is a satellite communications company developing the first space-based cellular broadband network. Its technology is designed to provide direct connectivity between standard mobile phones and satellites, enabling global coverage without the need for ground-based cell towers. The company aims to serve consumers, businesses, and government entities, particularly in remote and underserved areas. ASTS partners with major mobile network operators to integrate its satellite network with existing telecommunications infrastructure. The Texas-based company ranked second on our recent list of 10 VLEO Technology Stocks and Startups to Watch in 2025.

AST SpaceMobile, Inc. (NASDAQ:ASTS) has made significant progress in building the first and only global cellular broadband network in space to operate directly with everyday unmodified mobile devices. The company has secured agreements with approximately 50 mobile network operators globally, representing nearly 3 billion existing subscribers worldwide. It also completed a $460 million convertible senior note offering, resulting in nearly $1 billion in cash on their balance sheet.

AST SpaceMobile, Inc. (NASDAQ:ASTS) has accelerated its manufacturing plans, with production of 40 Block 2 global satellites underway and additional components for over 50 satellites in progress. The company has expanded its global manufacturing footprint to approximately 194,000 square feet in Midland, Texas, 59,000 square feet in Barcelona, Spain, and plans for 85,000 additional square feet in Homestead, Florida. Their technology has demonstrated capacity to deliver voice, data, video calls and other native cellular broadband capabilities, with successful video calls completed by partners AT&T, Verizon and Vodafone over their in-orbit network.

AST SpaceMobile, Inc. (NASDAQ:ASTS) has secured fully contracted launch capacity for approximately 60 satellites during 2025 and 2026, which will enable continued service in the US, Europe, and Japan and selected markets. Additionally, ASTS recently secured a $43 million contract with the US Space Development Agency, marking their fifth contract with the US government. ASTS delivered a 918% stock price return in the last year and is thus one of the best multibagger stocks to buy in 2025.