AST SpaceMobile stock further into overbought territory, nearly quadrupling this year

[satellite and earth]
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Relative strength indicators on Seeking Alpha show that shares of AST SpaceMobile (NASDAQ:ASTS [https://seekingalpha.com/symbol/ASTS]) are in overbought territory this year, reflecting bullish sentiment and investor confidence.

The stock's value has nearly quadrupled year to date, dwarfing the 15% rally of the benchmark S&P index for the same period and the 22.4% rise in the Communications Services index.
[AST SpaceMobile momentum indicator]
AST SpaceMobile momentum indicator (Seeking Alpha)
[ASTS vs. S&P 500 YTD performance]
ASTS vs. S&P 500 YTD performance (Seeking Alpha)

The company recently provided positive production updates on its BlueBird LEO satellites and expects to have 45-60 of them in orbit by the end of 2026. On Wednesday, it struck a commercial agreement with U.S. telecom Verizon (NYSE:VZ [https://seekingalpha.com/symbol/VZ#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) to provide space-based cellular and broadband services to Verizon customers starting in 2026.

SA analysts, on average, and Quant ratings rate ASTS as a "hold." Daniel Jones, of Crude Value Insights, wrote in a recent analysis [https://seekingalpha.com/article/4828636-ast-spacemobile-is-in-stratosphere-after-big-move-with-verizon-communications] that despite operational milestones and partnerships, the company remains highly speculative because of heavy dilution, minimal revenue, and high valuation.

Earlier this month, Chris Lau, the leader of DIY Value Investing, highlighted that renewed market confidence in ASTS's launch schedule and momentum point to a continuation of a stock breakout [https://seekingalpha.com/article/4827515-why-ast-spacemobile-soared-rating-upgrade].

ASTS rose as much as 5.4% in early open market trading on Thursday. Stock is on track for eight-day win streak if session gains hold. Over the last seven trading sessions, ASTS rose 65.4%.

MORE ON AST SPACEMOBILE

* AST SpaceMobile Is In The Stratosphere After Its Big Move With Verizon Communications [https://seekingalpha.com/article/4828636-ast-spacemobile-is-in-stratosphere-after-big-move-with-verizon-communications]
* Why AST SpaceMobile Soared (Rating Upgrade) [https://seekingalpha.com/article/4827515-why-ast-spacemobile-soared-rating-upgrade]
* Why I Give A Buy On AST SpaceMobile Now. Space-To-Cellular, For Real [https://seekingalpha.com/article/4824340-why-i-give-a-buy-on-ast-spacemobile-now-space-to-cellular-for-real]
* Market Voices: Verizon's Starry, AST deals; Amazon's drug kiosks [https://seekingalpha.com/news/4502755-market-voices-verizons-starry-ast-deals-amazons-drug-kiosks]
* AST SpaceMobile shares surge after striking space-based network partnership with Verizon [https://seekingalpha.com/news/4502600-ast-spacemobile-shares-surge-after-striking-space-based-network-partnership-with-verizon]