Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media).

Number of Hedge Fund Investors: 39

AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is excited about the stock because the total addressable market is enormous — the company has partnerships with AT&T, Verizon, Vodafone, and Japanese operators, and even modest adoption rates produce eye-catching revenue models. The business model runs through existing carriers, with AST SpaceMobile (NASDAQ:ASTS) taking a revenue share when subscribers roam outside terrestrial coverage.

However, bears are equally strong on the stock. The demand problem could be a serious hurdle. T-Mobile’s CEO recently stated that satellite usage represents just 0.0002% of their total network traffic, suggesting the dead-zone use case is far more niche than bulls assume. On the execution side, Q1 2026 revenues missed analyst estimates by $21.8 million, coming in at just $14.7 million, with actual service revenues of only $1.3 million. AST SpaceMobile (NASDAQ:ASTS) is burning roughly $48 million per quarter from operations, on top of $262 million in quarterly capex to build new satellites.

While we acknowledge the risk and potential of ASTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ASTS and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1