Why These 15 Hardware Stocks Are Skyrocketing So Far in 2025

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5. AST SpaceMobile Inc (NASDAQ:ASTS)

Number of Hedge Fund Holders In Q3 2024: 18

AST SpaceMobile Inc (NASDAQ:ASTS) is a space 5G company. It wants to make 5G satellite connections possible to preexisting phones.

The stock is up significantly so far in 2025 as AST SpaceMobile announced that it could achieve break-even cash flow with just 20 satellites, instead of the previously estimated 45-60.

An advertisement aired during the February 9, 2025, Super Bowl showcased AST SpaceMobile’s tech and improved investor sentiment. Analysts forecast nearly $5 billion in 2030 revenue.

In January, AST SpaceMobile closed a $460 million private offering of convertible senior notes due in 2032.

The consensus price target of $40.04 implies 33.05% upside.

ASTS stock is up 42.42% year-to-date.

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