Globalstar, Inc. (GSAT)
| Market Cap | 7.97B |
| Revenue (ttm) | 262.20M |
| Net Income (ttm) | -57.86M |
| Shares Out | 128.05M |
| EPS (ttm) | -0.46 |
| PE Ratio | n/a |
| Forward PE | 468.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,210,065 |
| Open | 56.10 |
| Previous Close | 57.88 |
| Day's Range | 56.00 - 64.00 |
| 52-Week Range | 17.24 - 74.88 |
| Beta | 1.43 |
| Analysts | Strong Buy |
| Price Target | 62.00 (-0.43%) |
| Earnings Date | Feb 27, 2026 |
About GSAT
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitori... [Read more]
Financial Performance
In 2024, Globalstar's revenue was $250.35 million, an increase of 11.86% compared to the previous year's $223.81 million. Losses were -$73.80 million, 108.9% more than in 2023.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GSAT stock is "Strong Buy." The 12-month stock price target is $62.0, which is a decrease of -0.43% from the latest price.
News
Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
Globalstar Announces Fourth Quarter and Full Year 2025 Results
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS.
Virewirx Awarded $1.9M Small Business Innovation Research (SBIR) Contract from Office of the Under Secretary of War (OUSW)
SAN DIEGO--(BUSINESS WIRE)--Virewirx has been awarded a Phase II $1.9 million Small Business Innovation Research (SBIR) OUSW (R&E) FutureG contract from the Office of the Under Secretary of War (OUSW)...
Globalstar, Inc. Earnings Release and Call Notice
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) will announce its fourth quarter and full year 2025 financial and operating results on Friday, February 27, 2026 before the market open...
Globalstar: Commercial Execution Is Heating Up With New Contracts
Globalstar has appreciated 104% since my initial Strong Buy; I now rate it a Buy for the medium term but remain long-term bullish. Recent milestones include warehouse automation, a Skydio drone partne...
Boingo Wireless Advances Private 5G Deployments with XCOM RAN by Globalstar
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that Boingo Wireless — a leading provider of 5G...
Globalstar Completing Major Expansion of Ground Infrastructure in South Korea, With Three New C-3 Antennas Installed at Yeo Ju Ground Station
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the addition of three new six-meter C-3 t...
Using AI in Earth Mapping & Space: Bull Case for PL, GSAT & LUNR
Greg Pendy explains the role AI plays in companies tied to earth and space sciences, along with offering bull cases for related stocks. In Planet Labs (PL), Greg likes the company's profit roadmap and...
Globalstar and Skydio Complete First Drone Flight on Globalstar Band n53TM and XCOM RAN
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful completion of a joint technology...
Globalstar Reaches Key Milestone in $2 Billion ITU Pledge, Completing Over Half of Its Commitment to Advance Global Connectivity
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces significant progress towards its $2 billion ple...
Globalstar: When The Stars Align After Years Of Capital Deployment
Globalstar (GSAT) is positioned for strong growth with its XCON RAN launch, government contracts, and ongoing infrastructure expansion. GSAT reported solid Q3'25 results, driven by Wholesale Capacity ...
Overlooked Stock: GSAT 11-Year High
Globalstar (GSAT) hit highs it hasn't seen since 2014 after B. Riley raised its price target on the satellite services company.
Globalstar, Inc. (GSAT) Q3 2025 Earnings Call Transcript
Globalstar, Inc. ( GSAT) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Michael Crawford - ...
Globalstar Announces Third Quarter 2025 Financial Results
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES THIRD QUARTER 2025 FINANCIAL RESULTS.
Globalstar Announces Major Expansion of Ground Infrastructure Across Brazil, with Eight New C-3 Antennas Being Installed at Four Separate Locations
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider today announced the addition of eight new six-meter C-3 tr...
Globalstar draws SpaceX interest in sale process, Bloomberg News reports
Globalstar is exploring a potential sale and has held early discussions with Elon Musk's SpaceX among other prospective buyers, Bloomberg News reported on Thursday, citing people familiar with the mat...
Globalstar Announces Commercial Rollout of RM200M Two-Way Satellite IoT Module
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the commercial availability of its RM200M two-w...
Globalstar Announces Construction of New Ground Station in Talkeetna, Alaska and Expansion of Existing Ground Station in Wasilla, Alaska
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider today announced the deployment of new ground station equip...
Globalstar to Participate in Upcoming Conferences
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that memb...
Top 2 Tech & Telecom Stocks That May Implode This Month
As of Oct. 10, 2025, two stocks in the communication services could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Satellite Communication Market Surges to $33.2 billion by 2029 - Dominated by Starlink (US), Globalstar Inc (US), Hughes Networks Systems (US)
Delray Beach, FL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the global Satellite Communication Market size is projected to grow from USD 16.9 billion in 2024 to USD 33.2 billi...
Conekt.ai and Globalstar Announce Collaboration to Deliver Private, Public, and Satellite IoT Connectivity Services
COVINGTON, La. & SAN DIEGO--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Conekt.ai, a leading connectivity management pl...
Globalstar Doubling Size of Earth Station in Estonia to Support Third Generation C-3 Constellation
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, together with its wholly-owned subsidiary, Globalstar Eur...
Globalstar to Enter Next Era of Mobile Satellite Connectivity with Expanded Operational Frequencies
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces plans to bring-into-use its HIBLEO-XL-1 s...
Globalstar Gaining Traction As It Builds Out Its MSS Network (Rating Upgrade)
I am upgrading Globalstar, Inc. to Strong Buy with a $55.48 price target, driven by new government & defense contracts worth over $60 million. GSAT is expanding its LEO satellite constellation, enhanc...