Globalstar, Inc. (GSAT)
| Market Cap | 10.45B |
| Revenue (ttm) | 272.99M |
| Net Income (ttm) | -19.26M |
| Shares Out | 128.59M |
| EPS (ttm) | -0.15 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,211,171 |
| Open | 81.25 |
| Previous Close | 81.90 |
| Day's Range | 81.07 - 81.59 |
| 52-Week Range | 17.24 - 82.10 |
| Beta | 1.46 |
| Analysts | Strong Buy |
| Price Target | 70.50 (-13.25%) |
| Earnings Date | May 6, 2026 |
About GSAT
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including com... [Read more]
Financial Performance
In 2025, Globalstar's revenue was $272.99 million, an increase of 9.04% compared to the previous year's $250.35 million. Losses were -$19.26 million, -73.91% less than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GSAT stock is "Strong Buy." The 12-month stock price target is $70.5, which is a decrease of -13.25% from the latest price.
News
Deal Dispatch: Amazon Buys Globalstar, Instacart Grabs Instaleap, QVC Announces Bankruptcy
• Amazon.com shares are trending higher. What's pushing AMZN stock higher?
Three Lessons From Amazon's Blockbuster Deal to Buy Globalstar
Amazon.com's blockbuster deal for Globalstar holds a few lessons for investors: The market for space companies is for real, the wireless spectrum arms race is on, and rocketing valuations will always ...
How the Globalstar purchase could turn Amazon's Leo into a satellite powerhouse
Amazon is raking in cash at the box office after sending Ryan Gosling to space with “Project Hail Mary.” Its latest space play could make a real-world satellite business into a winner, too.
Bezos Just Bought What Musk Wanted — And The $200B Space War Is Escalating
And according to Bank of America, the prize isn't small: a $200 billion low-Earth orbit (LEO) market spanning broadband, wireless, and defense.
Amazon's Globalstar Grab Puts an iPhone Spin on Its Starlink Pursuit
Amazon announces plans to acquire satellite service provider Globalstar in its quest to provide connectivity from space.
Amazon's $11.6 Billion Globalstar Buy Is 'Strategic Positive' For Satellite Dominance
Jones noted the deal accelerates Amazon Leo's commercialization by adding direct-to-device capabilities and leveraging Globalstar's spectrum and infrastructure.
Amazon Poised For 26.5% Upside As Citizens Reiterates $315 Target Following Globalstar Deal
“Strategically, the deal accelerates Amazon's ability to offer a consumer subscription service as Globalstar has a scaled and operational direct-to-device service,” Boone noted.
Amazon's stock is on its best run since 2022 as Globalstar acquisition fuels rally
Amazon.com's latest acquisition of a satellite operator has helped power a winning streak for the tech giant, as shares of the company rallied for the seventh consecutive day on Tuesday.
Amazon to Buy Globalstar for $11.6 Billion | Bloomberg Tech 4/14/2026
Bloomberg's Caroline Hyde and Ed Ludlow discuss Amazon's plan to buy satellite operator Globalstar in a $11.6 billion deal. Plus, Lucid's New Incoming CEO Silvio Napoli discusses the company's fresh i...
Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk's Starlink.
Amazon's $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say
Amazon's $11.6 billion deal to buy Globalstar bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of rocket launches needed to build out a net...
A Deal With Amazon Has This Starlink Rival's Stock Soaring
Amazon said it's agreed to buy Globalstar, putting an end to weeks of speculation and sending the Stalink rival's stock up sharply Tuesday.
Amazon Targets Continuous Connectivity With Globalstar Satellite Network Deal
Amazon plans to expand the capabilities of the Amazon Leo low Earth orbit satellite network by acquiring mobile satellite services operator Globalstar.
Amazon to Buy Globalstar for $11.6 Billion
Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete...
Amazon and Apple vs. Starlink: Globalstar satellite acquisition comes with a big iPhone bonus
Amazon's deal for satellite operator Globalstar doesn't just bulk up Amazon Leo — it brings Apple along for the ride, with a long-term agreement to power iPhone and Apple Watch satellite features.
Globalstar's stock is soaring. Amazon is buying the company to challenge Elon Musk and Starlink.
Globalstar's stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.
Amazon Vs Starlink: What The Globalstar Deal Could Mean For Investors
Something interesting is happening in the satellite space right now, and if you're an investor, it's worth paying attention.
Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz
Amazon is moving in on the orbital mobile connectivity market that's currently dominated by Elon Musk's Starlink. The company on Tuesday said it had agreed to buy satellite company Globalstar, known f...
Globalstar stock jumps as Amazon signs $11.57B deal to rival Starlink
Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, strengthening its nascent satellite business as it seeks to compete with SpaceX's Starlink. Under the terms of the agr...
Amazon to Acquire Globalstar in Satellite Cellular Connection Push
Amazon has agreed to acquire Globalstar in a move that allows its Amazon Leo satellite network to offer direct-to-device connections.
Amazon to buy Globalstar to bolster Leo satellite business
Amazon to buy Globalstar to bolster Leo satellite business
Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Starlink
Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business to take on bigger rival SpaceX's Starlink.
Amazon to Acquire Globalstar and Expand Amazon Leo Satellite Network
SEATTLE & COVINGTON, La.--(BUSINESS WIRE)--Today Amazon.com, Inc. (NASDAQ:AMZN) and Globalstar, Inc. (NASDAQ:GSAT) announced that they have entered into a definitive merger agreement under which Amazo...
Globalstar Stock Surges. It's Nearing a Takeover by Amazon, Report Says.
Globalstar stock was leaping on Tuesday following a report that Amazon.com is nearing a deal for the satellite company.
Amazon nears deal to buy Globalstar, Bloomberg News reports
Amazon is in advanced talks to acquire satellite telecom group Globalstar , a deal that would bolster the tech major's push to build its own satellite operation, Bloomberg News reported on Mond...