Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both roughly quadrupled, and Planet Labs (NYSE: PL) ...
AST SpaceMobile missed Q3 estimates by 114% and trades at 1,567x price-to-sales despite $1.2B in cash. Rocket Lab beat Q3 estimates by 71% with revenue up 48% year-over-year and 37% gross margins.
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Rocket Lab’s $554M revenue dwarfs AST SpaceMobile’s $18M despite identical $30B valuations
Shares of AST SpaceMobile (NASDAQ:ASTS) and Rocket Lab (NASDAQ:RKLB) are drawing intense retail attention in December, with both space stocks registering neutral sentiment scores of 53 as of this ...
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