Globalstar, Inc. (GSAT)
| Market Cap | 5.94B |
| Revenue (ttm) | 260.66M |
| Net Income (ttm) | -49.01M |
| Shares Out | 126.67M |
| EPS (ttm) | -0.40 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,200,344 |
| Open | 49.00 |
| Previous Close | 50.38 |
| Day's Range | 46.67 - 50.01 |
| 52-Week Range | 17.24 - 55.78 |
| Beta | 0.98 |
| Analysts | Strong Buy |
| Price Target | 49.00 (+4.43%) |
| Earnings Date | Nov 6, 2025 |
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 Summary
According to 4 analysts, the average rating for GSAT stock is "Strong Buy." The 12-month stock price target is $49.0, which is an increase of 4.43% from the latest price.
News
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, Inc. Earnings Release and Call Notice
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) will announce its third quarter 2025 financial and operating results on Thursday, November 6, 2025 after the market closes. The release...
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...
Globalstar Breaks Ground in Greece – Doubling the Size of its Teleport Facilities to Support its Third-Generation C-3 Constellation
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction of additional gateway infras...
Globalstar Secures Early Government Wins Expected to Yield $60 Million, Expanding Government and Defense Market Presence with Resilient Satellite and 5G Networking Solutions
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced significant mom...
Globalstar Expands Ground Station in Singapore
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that construction has commenced to expand...
Globalstar, Inc. (GSAT) Q2 2025 Earnings Call Transcript
Globalstar, Inc. (NASDAQ:GSAT) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Paul E. Jacobs - CEO & Director Rebecca S.
Globalstar Announces Second Quarter 2025 Financial Results
COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Second Quarter 2025 Financial Results.
Globalstar to Participate in Upcoming Investor 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...
Parsons and Globalstar Pave Way for Commercial Satellite Solutions after Completing Successful Proof of Concept
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Parsons Corporation, a global leader in national security a...
Globalstar Expands Canadian Ground Station Infrastructure
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that construction has commenced at Global...
Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction commencement of additional gateway...
Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces a Cooperative Research and Development Agreement (CRA...
Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region
MADRID--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the execution of definitive agreements with Telec...
Globalstar Signs Launch Services Agreement with SpaceX
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement ...
Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful installation of Clifton-8,...