Update shared on 19 Dec 2025
Fair value Increased 25%Analysts have raised their price target for Globalstar from $60 to $75 per share, citing stronger long term revenue growth expectations and the upside from its de risked satellite operations and underutilized terrestrial spectrum in a rapidly expanding satellite internet of things market.
Analyst Commentary
Bullish analysts highlight that Globalstar is evolving into a differentiated hybrid communications play, pairing a de risked satellite services platform with a strategically significant terrestrial spectrum portfolio. They argue that this combination is increasingly reflected in rising price targets as execution risk declines and visibility into long term revenue growth improves.
Recent research notes emphasize that Apple backed funding has materially reduced capital and deployment risk around Globalstar's satellite network, while simultaneously validating the commercial relevance of its infrastructure. In parallel, analysts see mounting strategic value in the company's underutilized terrestrial spectrum, particularly as demand for internet of things connectivity and mission critical communications accelerates.
Looking ahead, bullish analysts point to the rapidly expanding satellite internet of things opportunity. They estimate this opportunity could reach several billion dollars in annual revenue potential by 2030. In their view, Globalstar is well positioned to capture a meaningful share of this addressable market, supported by existing partnerships, a global footprint, and the ability to layer higher value services on top of its network.
Bullish Takeaways
- Bullish analysts see the recent price target increases as justified by a more visible multi year growth trajectory in satellite internet of things and enterprise connectivity. In their view, this supports a higher earnings and cash flow profile over time.
- They view Apple's funding of the satellite network as a key de risking event that enhances balance sheet strength, underpins long term service revenues, and reduces uncertainty around future capital needs.
- The company's terrestrial spectrum is framed as an underappreciated asset, with potential for spectrum monetization, strategic partnerships, or leasing structures that could unlock incremental value beyond core satellite operations.
- With a growing total addressable market for satellite internet of things through 2030, bullish analysts argue that sustained execution on new contract wins and service rollouts could drive upside to current valuation assumptions and support further positive estimate revisions.
What's in the News
- Globalstar is exploring a potential sale and has engaged an investment bank, with early talks reported with Elon Musk's SpaceX and other possible buyers, sending the stock up roughly 25 to 27 percent on the news (Bloomberg).
- Reports indicate that SpaceX is among the interested parties as Globalstar weighs potential suitors and strategic alternatives, including a possible change of control transaction (Bloomberg).
- Globalstar chair James Monroe has reportedly discussed the possibility of selling the company for more than 10 billion dollars, well above its current market value. This move could reshape its long term relationship with Apple and open the door to new spectrum partnerships with SpaceX (The Information).
- Globalstar completed a joint technology trial with drone maker Skydio, validating the performance of its Band n53 spectrum and XCOM RAN private 5G platform as a high performance alternative to Wi Fi and public cellular networks for autonomous flight operations.
- The company launched its RM200M two way satellite IoT module for globally certified, low cost, low power asset connectivity, designed to support both satellite and future cellular links for industrial and mission critical applications.
Valuation Changes
- Fair Value: increased from $60.00 to $75.00 per share, a rise of 25.0 percent.
- Discount Rate: edged higher from 6.78 percent to 6.96 percent, implying slightly higher perceived risk.
- Revenue Growth: raised from 16.50 percent to approximately 17.90 percent, reflecting moderately stronger long term growth expectations.
- Net Profit Margin: reduced from about 24.87 percent to 19.67 percent, indicating a more conservative profitability outlook.
- Future P/E: expanded from roughly 91.2x to 139.0x, signaling a materially higher valuation multiple on projected earnings.
Have other thoughts on Globalstar?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystHighTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystHighTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystHighTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.