5 Cheap Space Stocks Popular On Reddit

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In this article, we discuss the 5 cheap space stocks popular on Reddit. If you want to read our detailed analysis of these stocks, go directly to the 10 Cheap Space Stocks Popular On Reddit.

5. AST SpaceMobile, Inc. (NASDAQ:ASTS)

Number of Hedge Fund Holders: 15    

AST SpaceMobile, Inc. (NASDAQ:ASTS) is ranked fifth on our list of 10 cheap space stocks popular on Reddit. The company is headquartered in Texas and operates as a communications firm providing a space-based mobile data network. 

On July 12, investment advisory Barclays initiated coverage of AST SpaceMobile, Inc. (NASDAQ:ASTS) stock with an Overweight rating and a price target of $29, noting that the proposition of the firm was “unique and the addressable market very significant”. 

At the end of the second quarter of 2021, 15 hedge funds in the database of Insider Monkey held stakes worth $74 million in AST SpaceMobile, Inc. (NASDAQ:ASTS). 

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