When it comes to stocks that have excited and rewarded investors in 2025, AST SpaceMobile (NASDAQ: ASTS) is clearly at the top of the list. Through the Oct. 8 close, shares are up by approximately 311%, an incredible showing.
Now, ASTS investors may be feeling as confident as ever, given the firm’s latest deal with a top telecom company. On Oct. 8, the company announced a deal with Verizon Communications (NYSE: VZ). Through the deal, AST will “provide direct-to-cellular AST SpaceMobile service when needed for Verizon customers starting in 2026." Overall, the announcement sent shares of ASTS up by around 16% in two days. Below, we’ll break down what this announcement means for ASTS stock and provide perspective on its valuation.
