Could Intuitive Machines Become the Next AST SpaceMobile?
AST SpaceMobile (NASDAQ: ASTS) is one of the market's hottest space-related stocks. It soared 445% this year as the bulls cheered its progress toward launching its first low-Earth orbit (LEO) satellites for lower-band cellular connections.
AST hasn't generated any meaningful revenue yet, but it's expected to finally start making money once it launches its first five Block 1 BlueBird (BB) satellites next month. It's already signed cellular broadband agreements with AT and Verizon this past May, and analysts expect it to generate $4.3 million in revenue this year. By 2026, they expect that figure to soar to $692 million as it expands its network.
Image source: Getty Images.
Source Fool.com
Verizon Communications Inc. Stock
€40.58
-1.330%
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Verizon Communications Inc..
As a result the target price of 43 € shows a slightly positive potential of 5.96% compared to the current price of 40.58 € for Verizon Communications Inc..
