Globalstar, Inc. (GSAT)
| Market Cap | 10.58B +120.2% |
| Revenue (ttm) | 280.64M +7.7% |
| Net Income | -62.49M |
| EPS | -0.49 |
| Shares Out | 129.56M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 652,162 |
| Open | 82.13 |
| Previous Close | 82.22 |
| Day's Range | 81.66 - 82.13 |
| 52-Week Range | 29.36 - 84.85 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 90.00 (+10.19%) |
| Earnings Date | Aug 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 Summary
According to 3 analysts, the average rating for GSAT stock is "Buy." The 12-month stock price target is $90.0, which is an increase of 10.19% from the latest price.
News
Globalstar downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst George Sutton downgraded Globalstar (GSAT) to Hold from Buy with an unchanged price target of $90. The Amazon (AMZN) takeover remains on track and the arbitrage opportunity has…
Rocket Lab Stock (RKLB) Inches Higher on Launch of 8 Satellites Under Globalstar Deal
Rocket Lab ($RKLB) stock was up about 1% in Monday’s pre-market trading after the space systems and launch services provider announced the successful launch of eight advanced satellite platforms built...
Rocket Lab announces successful launch of 8 satellite platforms
Rocket Lab Corporation (RKLB) announced the successful launch of eight advanced satellite platforms the Company built for MDA Space (MDA), prime contractor for the replenishment of Globalstar’s (GSAT)...
MDA Space confirms deployment of satellites for Globalstar’s LEO constellation
MDA Space (MDA) confirms the successful deployment of the initial eight replenishment satellites for Globalstar’s (GSAT) existing low Earth orbit, LEO, constellation. Developed and fully integrated an...
Globalstar confirms launch of all 8 HIBLEO-4 replacement satellites
Globalstar (GSAT) announced the successful launch and deployment of its latest satellites, marking another significant milestone in the continued expansion of the Company’s low Earth orbit, LEO, satel...
MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED
First set of eight satellites for Globalstar 2-R mission deployed to low Earth orbit on a SpaceX Falcon 9 rocket, marking the beginning of the commissioning phase TORONTO, Aug. 16, 2026 /PRNewswir...
Globalstar Confirms Successful Launch of All 8 HIBLEO-4 Replacement Satellites
Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane
Globalstar reports Q2 EPS (23c) vs. 13c last year
Reports Q2 revenue $64.77M vs. $67.15M. “During the second quarter, we remained focused on disciplined execution across our business while continuing to invest in the technologies and infrastructure t...
Globalstar Earnings release: Q2 2026
Globalstar released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Globalstar Quarterly report: Q2 2026
Globalstar has published its Q2 2026 quarterly earnings report on August 6, 2026.
Amazon to take over Apple’s 20% stake in Globalstar as part of acquisition
Amazon (AMZN) is taking over Apple’s (AAPL) 20% stake in Globalstar (GSAT) as part of its $11.6B acquisition of the company. “Amazon’s investment in constellation expansion and technical improvements ...
Globalstar Announces an Update to the HIBLEO-4 Satellite Replenishment Launch
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that the planned May 17 launch of its HIBLEO-4 ...
Globalstar downgraded to Hold from Buy at Clear Street
Clear Street downgraded Globalstar (GSAT) to Hold from Buy with a price target of $90, up from $71, reflecting the value of the pending Amazon (AMZN) agreement and associated milestones…
Globalstar Earnings release: Q1 2026
Globalstar released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.
Globalstar Quarterly report: Q1 2026
Globalstar has published its Q1 2026 quarterly earnings report on May 13, 2026.
Globalstar announces HIBLEO-4 satellite replenishment launch with SpaceX
Globalstar (GSAT) announced that Globalstar’s HIBLEO-4 replenishment satellites will launch on a SpaceX Falcon 9 rocket on Sunday, May 17 during a 14-minute window that opens at 8:50 a.m. ET,…
Globalstar Announces Upcoming HIBLEO-4 Satellite Replenishment Launch with SpaceX
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that Globalstar's HIBLEO-4 replenishment satell...
Globalstar reports Q1 EPS (16c) vs (16c) last year
Reports Q1 revenue $70.1M, consensus $70.56M. “We delivered strong operational and financial results in the first quarter, continuing the momentum we built entering 2026,” said Dr. Paul E. Jacobs, CEO...
Globalstar Announces First Quarter 2026 Financial Results
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS.
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.
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 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.