Globalstar, Inc. (GSAT)
NYSEAMERICAN: GSAT · Real-Time Price · USD
1.710
-0.030 (-1.72%)
Nov 20, 2024, 4:00 PM EST - Market closed
Globalstar Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Globalstar stock has a target of 5.00, which predicts an increase of 192.40% from the current stock price of 1.71.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for Globalstar is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $4 → $5 | Strong Buy | Maintains | $4 → $5 | +192.40% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $1.75 → $0.97 | Sell → Hold | Upgrades | $1.75 → $0.97 | -43.27% | May 3, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +192.40% | Oct 31, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $3.25 | Strong Buy | Initiates | $3.25 | +90.06% | Jun 21, 2021 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $0.55 | Hold → Sell | Downgrades | $0.55 | -67.84% | Jan 22, 2021 |
Financial Forecast
Revenue This Year
246.92M
from 223.81M
Increased by 10.33%
Revenue Next Year
264.65M
from 246.92M
Increased by 7.18%
EPS This Year
-0.01
from -0.02
EPS Next Year
-0.00
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 259.6M | 286.1M | 314.7M | ||
| Avg | 246.9M | 264.7M | 277.8M | ||
| Low | 230.4M | 234.0M | 242.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0% | 15.9% | 18.9% | ||
| Avg | 10.3% | 7.2% | 5.0% | ||
| Low | 3.0% | -5.2% | -8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | -0.01 | -0.00 | -0.02 |
| Low | -0.02 | -0.01 | -0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.