Is AST SpaceMobile Stock a Buy?
AST SpaceMobile's (NASDAQ: ASTS) stock price soared nearly 380% over the past 12 months. The satellite designer and manufacturer, which went public by merging with a special purpose acquisition company (SPAC) in April 2021, impressed the bulls as it got ready to launch its first commercial satellites and struck two major deals with AT and Verizon Communications.
Even after that massive rally, AST SpaceMobile's stock price remains about 16% below its all-time high from February 2021. Should investors buy this high-flying stock before it soars even higher?
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Source Fool.com
Verizon Communications Inc. Stock
€33.88
-0.320%
With 14 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 positive potential of 26.94% compared to the current price of 33.88 € for Verizon Communications Inc..
