AST SpaceMobile, Inc. (ASTS): A Bull Case Theory

We came across a bullish thesis on AST SpaceMobile, Inc. (ASTS) on Substack by Steve Wagner. In this article, we will summarize the bulls’ thesis on ASTS. AST SpaceMobile, Inc. (ASTS)'s share was trading at $23.29 as of Nov 27^th.

[caption id="attachment_1228779" align="aligncenter" width="768"] A close up of a satellite in space, showing the advanced technology of communications systems.[/caption]

AST SpaceMobile (ASTS) reported a wider-than-expected net loss of $1.10 per share for Q3 2024, significantly exceeding analysts’ projections. Despite this, the company’s revenue...