Globalstar, Inc. (GSAT)
Market Cap | 3.50B |
Revenue (ttm) | 253.90M |
Net Income (ttm) | -77.90M |
Shares Out | 126.58M |
EPS (ttm) | -0.62 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 655,644 |
Open | 27.84 |
Previous Close | 27.63 |
Day's Range | 27.47 - 28.17 |
52-Week Range | 15.00 - 41.10 |
Beta | 0.91 |
Analysts | Strong Buy |
Price Target | 43.33 (+56.82%) |
Earnings Date | Aug 7, 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 3 analysts, the average rating for GSAT stock is "Strong Buy." The 12-month stock price target is $43.33, which is an increase of 56.82% from the latest price.
News

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,...

Globalstar and CERES TAG Partnership Support Livestock Industry Amid New World Screwworm Threat
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces its continued partnership of delivering critical glob...

Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions
DUBLIN--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Tech...

Top 2 Tech And Telecom Stocks You May Want To Dump In Q2
As of June 10, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The Federal Communications Commission (FCC) Space Bureau Accepts for Filing Globalstar's C-3 Petition for Advancing Mobile Satellite Services Network Expansion
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announced that on Friday, May 30, 2025, the Federal Communicati...

Elon Musk's Starlink is battling Globalstar to rule the skies. Here's the likely winner.
Apple partners with a former CEO of Qualcomm, while T-Mobile joins forces with the CEO of Tesla and SpaceX.

Globalstar, Inc. (GSAT) Q1 2025 Earnings Call Transcript
Globalstar, Inc. (NASDAQ:GSAT) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Mike Cra...

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

Globalstar, Inc. Earnings Release and Call Notice
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR, INC. EARNINGS RELEASE AND CALL NOTICE.

Globalstar Is Aiming To Enable Industry 4.0 (Rating Upgrade)
Globalstar is expanding its satellite constellations for two-way communications, broadband and voice capabilities. Globalstar raised a significant amount of capital through the sale of equity in its S...

Globalstar Announces Expansion of Leadership Team
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced two new l...

Globalstar Expands Capabilities with Opening of New Satellite Operations Control Center in Covington, Louisiana
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, announces the grand open...

GCT Semiconductor and Globalstar Partner to Develop IoT Modules for Two-Way Satellite, Cellular and Band 53 Connectivity
SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor and Globalstar Partner to Develop IoT Modules for Two-Way Satellite, Cellular and Band 53 Connectivity.

Globalstar, Inc. (GSAT) Q4 2024 Earnings Call Transcript
Globalstar, Inc. (NASDAQ:GSAT) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Mi...

Globalstar Announces 2024 Financial Results
COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces 2024 Financial Results.

Globalstar Announces Two-Way Satellite IoT Solution
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, today announced the launch of a two-way s...

Globalstar: D2D Concerns Are A Distraction
Globalstar: D2D Concerns Are A Distraction

Globalstar Showcasing Industry Leading Products, Speaking Live at Mobile World Congress Barcelona
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, will be showcasing its diverse solution s...

Globalstar Receives 2024 IoT Excellence Award
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar”) a next-generation telecommunications infrastructure and technology provider, announced that its solar-powered asset trac...

Globalstar Rang Nasdaq Opening Bell on February 11, 2025
NEW YORK--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, announced today it visited the Nasdaq MarketSite...

Globalstar CEO Paul Jacobs explains why satellite company moved from NYSE to Nasdaq
Globalstar, a satellite and communications services provider, debuted on the Nasdaq Tuesday morning after delisting from the New York Stock Exchange. CEO Paul Jacobs joined CNBC's Squawk Box to discus...