5 Best Space Stocks to Buy According to Wall Street Analysts

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

Number of Hedge Fund Holders: 9     

Upside Potential as of December 23: 278%

AST SpaceMobile, Inc. (NASDAQ:ASTS) markets space-based cellular broadband services and is headquartered in Texas. On November 21, investment advisory Deutsche Bank maintained a Buy rating on AST SpaceMobile, Inc. (NASDAQ:ASTS) stock and lowered the price target to $23 from $32, noting the business plan of the firm was progressing but funding was an ongoing process. 

At the end of the third quarter of 2023, 9 hedge funds in the database of Insider Monkey held stakes worth $9 million in AST SpaceMobile, Inc. (NASDAQ:ASTS), compared to 14 the preceding quarter worth $32 million.

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