Globalstar, Inc. (GSAT)
NYSEAMERICAN: GSAT · IEX Real-Time Price · USD
1.455
+0.085 (6.20%)
Mar 28, 2024, 3:45 PM EDT - Market open
Globalstar Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Globalstar stock has a target of 0.97, which predicts a decrease of -33.33% from the current stock price of 1.46.
Analyst Consensus: Hold
* Price targets were last updated on May 3, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Globalstar is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $1.75 → $0.97 | Sell → Hold | Upgrades | $1.75 → $0.97 | -33.33% | May 3, 2023 |
Craig-Hallum | Craig-Hallum | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +243.64% | Oct 31, 2022 |
B. Riley Securities | B. Riley Securities | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jun 21, 2021 |
Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Jan 22, 2021 |
Chardan Capital | Chardan Capital | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 9, 2018 |
Financial Forecast
Revenue This Year
240.20M
from 223.81M
Increased by 7.32%
Revenue Next Year
260.50M
from 240.20M
Increased by 8.45%
EPS This Year
-0.01
from -0.02
EPS Next Year
-0.01
from -0.01
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 259.6M | 286.1M | 314.7M | 527.7M |
Avg | 240.2M | 260.5M | 274.3M | 512.7M |
Low | 221.6M | 223.7M | 233.4M | 492.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 16.0% | 19.1% | 20.8% | 92.4% |
Avg | 7.3% | 8.5% | 5.3% | 86.9% |
Low | -1.0% | -6.9% | -10.4% | 79.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | -0.03 |
Avg | -0.01 | -0.01 | -0.03 |
Low | -0.02 | -0.02 | -0.03 |
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.