AST SpaceMobile Shares Soar 13.94% on Amazon Partnership Speculation

AST SpaceMobile (ASTS) shares surged 13.94% today, marking the third consecutive day of gains, with a cumulative increase of 24.36% over the past three days. The share price reached its highest level since March 2025, with an intraday gain of 15.53%.

The strategy of buying ASTS shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 16.51%, slightly underperforming the market by 3.33 percentage points. With a final value of $210.42 for a $100 initial investment, the strategy provided a decent growth, though it's important to note that the volatile nature of the returns might be due to the short holding period and the dynamic nature of the stock market. Overall, this strategy could be considered for its potential, but it's crucial to weigh the risks and consider other factors such as market trends and the company's fundamentals.

Recent fluctuations in AST SpaceMobile's stock price have been largely driven by speculation and excitement surrounding a potential partnership with Amazon. Several reports have highlighted increased investor interest and stock rallies linked to this possible collaboration. The anticipation of a deal with Amazon has fueled optimism among investors, contributing to the stock's recent performance.

In addition to the Amazon partnership speculation, there is also talk about potential discussions with Jeff Bezos' Blue Origin. This additional layer of speculation has further boosted investor confidence in AST SpaceMobile's future prospects. The company's strategic positioning in the satellite communications sector has made it an attractive target for partnerships with major tech players, further driving its stock price upward.

Scotiabank recently raised its price target for AST SpaceMobile, citing the company's strong growth potential and innovative technology. This move by Scotiabank has added to the positive sentiment surrounding the stock, as investors see it as a validation of the company's long-term prospects. The combination of potential partnerships and a raised price target has created a favorable environment for AST SpaceMobile's stock, leading to its recent rally.