Globalstar, Inc. (GSAT)

NASDAQ: GSAT · Real-Time Price · USD
27.48
-0.63 (-2.24%)
At close: Aug 13, 2025, 4:00 PM
27.59
+0.11 (0.40%)
After-hours: Aug 13, 2025, 7:40 PM EDT
-2.24%
Market Cap 3.48B
Revenue (ttm) 260.66M
Net Income (ttm) -49.01M
Shares Out 126.67M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 649,242
Open 28.37
Previous Close 28.11
Day's Range 27.03 - 28.44
52-Week Range 15.00 - 41.10
Beta 0.87
Analysts Strong Buy
Price Target 43.33 (+57.68%)
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]

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 Forecast

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 57.68% from the latest price.

Price Target
$43.33
(57.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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.

6 days ago - Seeking Alpha

Globalstar Announces Second Quarter 2025 Financial Results

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

6 days 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...

7 days 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
8 days ago - Business Wire

Globalstar, Inc. Earnings Release and Call Notice

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR, INC. EARNINGS RELEASE AND CALL NOTICE.

13 days 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...

20 days 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...

27 days 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 weeks 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 weeks 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 ...

5 weeks 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,...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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.

Other symbols: DIS
2 months ago - Benzinga

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...

2 months ago - Business Wire

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.

3 months ago - Market Watch

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...

3 months ago - Seeking Alpha

Globalstar Announces First Quarter 2025 Financial Results

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

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: GCTS
5 months ago - Business Wire

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...

5 months ago - Seeking Alpha

Globalstar Announces 2024 Financial Results

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

5 months ago - Business Wire