Globalstar, Inc. (GSAT)

Market Cap	3.24B
Revenue (ttm)	241.58M
Net Income (ttm)	-38.66M
Shares Out	1.89B
EPS (ttm)	-0.02
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	7,325,670
Open	1.760
Previous Close	1.740
Day's Range	1.700 - 1.780
52-Week Range	1.000 - 2.130
Beta	0.89
Analysts	Strong Buy
Price Target	5.00 (+192.4%)
Earnings Date	Nov 7, 2024

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 one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, S...

• Industry: Telecom Services
• Sector: Communication Services
• IPO Date: Nov 2, 2006
• Employees: 348
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: GSAT
• Website: https://www.globalstar.com

Financial Performance

In 2023, Globalstar's revenue was $223.81 million, an increase of 50.71% compared to the previous year's $148.50 million. Losses were -$35.32 million, -86.32% less than in 2022.

Analyst Forecast

According to one analyst, the rating for GSAT stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target

$5.0

(192.40% upside)

Analyst Consensus: Strong Buy