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
€37.82
1.190%
We see a rather positive sentiment for Verizon Communications Inc. with 20 Buy predictions and 1 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 11.07% for Verizon Communications Inc. compared to the current price of 37.82 €.
