Globalstar, Inc. (GSAT)

NASDAQ: GSAT · Real-Time Price · USD
46.92
-3.46 (-6.87%)
At close: Nov 4, 2025, 4:00 PM EST
46.74
-0.18 (-0.38%)
Pre-market: Nov 5, 2025, 4:50 AM EST
-6.87%
Market Cap5.94B
Revenue (ttm)260.66M
Net Income (ttm)-49.01M
Shares Out 126.67M
EPS (ttm)-0.40
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,200,344
Open49.00
Previous Close50.38
Day's Range46.67 - 50.01
52-Week Range17.24 - 55.78
Beta0.98
AnalystsStrong Buy
Price Target49.00 (+4.43%)
Earnings DateNov 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]

IPO Date Nov 2, 2006
Employees 389
Stock Exchange NASDAQ
Ticker Symbol GSAT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$49.0
(4.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

21 hours ago - Business Wire

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...

5 days ago - Reuters

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...

5 days ago - Business Wire

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...

14 days ago - Business Wire

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...

15 days ago - Business Wire

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...

20 days ago - Business Wire

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.

Other symbols: EA
25 days ago - Benzinga

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...

26 days ago - GlobeNewsWire

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Seeking Alpha

Globalstar Announces Second Quarter 2025 Financial Results

COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Second Quarter 2025 Financial Results.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols: PSN
3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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,...

4 months ago - Business Wire