Buy call on Space Mobile (AS)

3 days ago

"EST satellite stock is finally heading towards a deep deal zone, which means we are soon going to identify it as a buy idea. We see the deal zone as the $55 to $65 range for the long-term picture. Company has a very unique value ad as a satellite play. 5 billion people own mobile phones, yet hundreds of millions still live in dead zones without reliable coverage. Governments, carriers, and enterprises are all seeking ways to close that gap. AS is aiming to monetize both consumer connectivity and enterprise data partnerships, tapping into a global telecom market worth trillions."

The speaker outlines a buy idea for Space Mobile (AS) citing its unique satellite-based connectivity solution and potential to tap an enormous global telecom market. The call is supported by a technical deal zone target of $55 to $65 for the long term.

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