Strength Seen in Airship AI Holdings, Inc. (AISP): Can Its 19.5% Jump Turn into More Strength?

Airship AI Holdings, Inc. (AISP) shares ended the last trading session 19.5% higher at $6.98. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 35.8% gain over the past four weeks.The stock soared mainly in response to the company’s announcement that it had received $11 million in firm fixed-price contract awards across 16 deals from the U.S. Department of Justice and the Department of Homeland Security for its AI-driven surveillance solutions.This company is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +133.3%. Revenues are expected to be $8.3 million, up 189.2% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Airship AI Holdings, Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AISP going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Airship AI Holdings, Inc. is part of the Zacks Technology Services industry. Bitdeer Technologies Group (BTDR), another stock in the same industry, closed the last trading session 7.6% higher at $20.89. BTDR has returned 57.3% in the past month.BITDEER TEC GRP's consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.22. Compared to the company's year-ago EPS, this represents a change of +37.1%. BITDEER TEC GRP currently boasts a Zacks Rank of #3 (Hold).5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Airship AI Holdings, Inc. (AISP): Free Stock Analysis Report Bitdeer Technologies Group (BTDR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks