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Globalstar, Inc.NasdaqGS:GSAT Stock Report

Market Cap US$10.5b
Share Price
US$82.09
US$3
2.6k% overvalued intrinsic discount
1Y303.6%
7D-1.0%
Portfolio Value
View

Globalstar, Inc.

NasdaqGS:GSAT Stock Report

Market Cap: US$10.5b

Globalstar (GSAT) Stock Overview

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. More details

GSAT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GSAT Community Fair Values

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See what 71 others think this stock is worth. Follow their fair value or set your own to get alerts.

Globalstar, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Globalstar
Historical stock prices
Current Share PriceUS$81.48
52 Week HighUS$82.85
52 Week LowUS$17.24
Beta1.56
1 Month Change10.33%
3 Month Change41.34%
1 Year Change303.57%
3 Year Change432.55%
5 Year Change412.45%
Change since IPO-69.00%

Recent News & Updates

Narrative Update Apr 28

GSAT: Future Will Hinge On Amazon Acquisition Execution And Spectrum Competition

Narrative Update on Globalstar Analysts have lifted their fair value estimate for Globalstar from $63.00 to $75.00, citing updated assumptions around revenue growth, profitability and future P/E as satellite spectrum assets draw fresh attention across the sector. Analyst Commentary Recent Street research around satellite spectrum and direct to device connectivity has become more active, and that context is influencing how some investors think about Globalstar.
Narrative Update Apr 14

GSAT: Future Will Depend On Amazon Deal Risk And Overstretched Expectations

Analysts have maintained their $63.00 price target on Globalstar, citing updated assumptions for slightly higher revenue growth, improved profit margins, and a lower future P/E multiple as key factors supporting their view. Analyst Commentary Recent commentary highlights that some bearish analysts remain cautious despite the reaffirmed US$63.00 price target.

Recent updates

Narrative Update Apr 28

GSAT: Future Will Hinge On Amazon Acquisition Execution And Spectrum Competition

Narrative Update on Globalstar Analysts have lifted their fair value estimate for Globalstar from $63.00 to $75.00, citing updated assumptions around revenue growth, profitability and future P/E as satellite spectrum assets draw fresh attention across the sector. Analyst Commentary Recent Street research around satellite spectrum and direct to device connectivity has become more active, and that context is influencing how some investors think about Globalstar.
Narrative Update Apr 14

GSAT: Future Will Depend On Amazon Deal Risk And Overstretched Expectations

Analysts have maintained their $63.00 price target on Globalstar, citing updated assumptions for slightly higher revenue growth, improved profit margins, and a lower future P/E multiple as key factors supporting their view. Analyst Commentary Recent commentary highlights that some bearish analysts remain cautious despite the reaffirmed US$63.00 price target.
Seeking Alpha Apr 04

Amazon Vs. Starlink: The $9 Billion Globalstar Deal That Could Change Everything

Summary Globalstar surged on rumors of a $9B Amazon acquisition, but the deal remains unconfirmed and faces significant hurdles. AMZN seeks GSAT's L- and S-band spectrum to leapfrog Starlink in direct-to-device satellite connectivity and bolster Project Leo’s competitive positioning. Apple holds a 20% stake and controls 85% of GSAT's network capacity, creating a major potential veto risk for any acquisition. GSAT’s valuation is stretched on deal speculation; if the acquisition fails, shares likely revert to pre-rumor levels, limiting further upside. Read the full article on Seeking Alpha
Narrative Update Mar 31

GSAT: De Risked Satellite Services Will Unlock Underused Terrestrial Spectrum Value

Analysts lifted their price target on Globalstar to $71 from $66, citing a combination of a "de-risked" Apple-supported satellite services business and what they view as valuable, underused terrestrial spectrum and government services potential as the key drivers of their updated view. Analyst Commentary Recent commentary around Globalstar highlights a mix of enthusiasm for the current business mix and questions about how fully the opportunity is reflected in the new US$71 price target.
Narrative Update Mar 17

GSAT: De Risked Satellite Services And Spectrum Optionality Will Drive Upside Potential

Analysts have lifted Globalstar's price target to $71 from $66, citing a combination of a "de-risked" Apple supported satellite services business, underused terrestrial spectrum assets, and improved government services expectations related to XCOM Radio Access Network's commercial progress. Analyst Commentary Analysts lifting the price target to $71 frame Globalstar as a hybrid story, combining its satellite services with underused terrestrial spectrum and potential government work tied to XCOM Radio Access Network.
Narrative Update Mar 03

GSAT: Future Will Depend On De Risked Satellites And Underused Spectrum Balance

Analysts have increased their fair value estimate for Globalstar from $60.00 to $63.00, citing a higher $71 Street price target and the view that the company offers a compelling mix of "de-risked" satellite services supported by Apple and underutilized terrestrial spectrum assets. Analyst Commentary Recent research highlights a mixed but generally constructive stance toward Globalstar.
Narrative Update Feb 16

GSAT: Future Will Hinge On Apple Backing And Terrestrial Spectrum Optionality

Analysts have lifted their price target on Globalstar to $71 from $66, pointing to what they see as a compelling mix of a de-risked Apple-supported satellite services business and valuable, underutilized terrestrial spectrum assets. Analyst Commentary Recent commentary highlights a split view on Globalstar.
Narrative Update Feb 02

GSAT: Apple Partnership And Underused Spectrum Will Drive Bullish Repricing

Analysts lifted their price target on Globalstar to US$71 from US$66, pointing to what they see as a more resilient satellite services business supported by Apple, as well as the potential value of the company's underused terrestrial spectrum and expanding government services opportunities. Analyst Commentary Recent research points to a more constructive stance on Globalstar, with bullish analysts highlighting a mix of core satellite services, spectrum assets, and government related opportunities as key pieces of the story.
Narrative Update Jan 19

GSAT: Hybrid Spectrum And Apple Partnership Will Shape Potential Sale Talks

Narrative Update on Globalstar Analysts have lifted their price target on Globalstar to US$71 from US$66, citing what they see as a de risked satellite services business backed by Apple and underused terrestrial spectrum. They state that these factors, along with expected benefits from U.S. space policy and XCOM Radio Access Network's commercial traction, feed into updated valuation inputs for fair value, discount rate, revenue growth, profit margin and future P/E.
Narrative Update Jan 05

GSAT: Future Will Hinge On Spectrum Monetization And Potential Sale Talks

Narrative Update Analysts have lifted their fair value estimate for Globalstar from US$45.00 to US$60.00, citing its mix of a funded satellite business and underused terrestrial spectrum, alongside expectations for a satellite internet of things market that could reach US$4.9b by 2030. Analyst Commentary Recent research points to a mixed setup for Globalstar, with the latest coverage highlighting both the potential upside and some clear execution questions.
Narrative Update Dec 19

GSAT: Future Sale Interest From SpaceX Will Drive Bullish Repricing

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.
Narrative Update Dec 05

GSAT: Hybrid Spectrum And Apple Ties Will Shape Potential Sale Outcomes

Analysts have raised their price target on Globalstar to $66, citing the company’s combination of a de-risked, Apple-backed satellite business and its valuable, underutilized terrestrial spectrum as key drivers of long-term upside in a satellite internet of things market they expect could reach $4.9 billion by 2030. Analyst Commentary Analysts highlight that the upgraded price target is rooted in a view that Globalstar’s business model now combines reduced execution risk with meaningful optionality from its spectrum portfolio, supporting a premium multiple versus traditional satellite peers.
Analysis Article Dec 04

Globalstar, Inc.'s (NASDAQ:GSAT) 39% Price Boost Is Out Of Tune With Revenues

Globalstar, Inc. ( NASDAQ:GSAT ) shares have continued their recent momentum with a 39% gain in the last month alone...
Narrative Update Nov 21

GSAT: Hybrid Spectrum Platform Will Drive Future Acquisition Speculation

Analysts have raised their price target for Globalstar from $60 to $67.50, citing stronger projected revenue growth and the company's strategic position as a hybrid satellite and terrestrial wireless spectrum player. Analyst Commentary Recent analyst sentiment on Globalstar highlights both significant opportunities and key risks as the company executes its business strategy.
Narrative Update Nov 07

GSAT: Satellite Spectrum Demand Will Drive Increased Acquisition Interest

Analysts have raised their price target for Globalstar from $60.00 to $66.00 per share. They cited confidence in the company's hybrid satellite and terrestrial spectrum business as well as the rapidly growing satellite IoT market.
Narrative Update Oct 24

Satellite And Spectrum Expansion Will Drive Opportunity Amid Potential Sale

Analysts have raised Globalstar's price target from $60.00 to $66.00, citing the company's mix of a stabilized satellite business, strong backing from Apple, and promising opportunities in terrestrial spectrum and the growing satellite IoT market. Analyst Commentary Industry experts have shared their insights into Globalstar's prospects, highlighting the company’s unique position within both the satellite and terrestrial spectrum sectors.
Analysis Article Oct 14

There's Reason For Concern Over Globalstar, Inc.'s (NASDAQ:GSAT) Massive 48% Price Jump

Despite an already strong run, Globalstar, Inc. ( NASDAQ:GSAT ) shares have been powering on, with a gain of 48% in the...
Narrative Update Oct 10

Government And Defense Partnerships Will Expand Resilient Satellite Connectivity

Analysts have raised their price target for Globalstar from $52.50 to $60.00. They cite strengthened long-term outlooks and supporting updates to their fair value estimates.
Analysis Article Aug 30

What Globalstar, Inc.'s (NASDAQ:GSAT) 27% Share Price Gain Is Not Telling You

Despite an already strong run, Globalstar, Inc. ( NASDAQ:GSAT ) shares have been powering on, with a gain of 27% in the...
Analysis Article Aug 03

Is Globalstar (NASDAQ:GSAT) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 30

Globalstar, Inc.'s (NASDAQ:GSAT) Shares Climb 28% But Its Business Is Yet to Catch Up

Globalstar, Inc. ( NASDAQ:GSAT ) shares have had a really impressive month, gaining 28% after a shaky period...
User avatar
New Narrative May 27

Satellite IoT And LEO Networks Will Shape Global Connectivity

New satellite IoT solutions and proprietary wireless technologies drive expansion into enterprise markets and recurring service revenues.
Analysis Article May 27

Globalstar (NASDAQ:GSAT) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Seeking Alpha Apr 28

Globalstar Is Aiming To Enable Industry 4.0 (Rating Upgrade)

Summary 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 SPE, providing the firm with upfront payments to allocate to develop its new satellite constellation. With the 3rd party investments, Globalstar may not need to raise additional capital through the debt and equity markets, providing a stronger investment case for potential shareholders. Read the full article on Seeking Alpha
Seeking Alpha Feb 25

Globalstar: D2D Concerns Are A Distraction

Summary The announcement that iPhones would have access to Starlink's D2D service through T-Mobile has undermined investor confidence in Globalstar. I don't think this is particularly important given Globalstar's partnership with Apple and the fact that XCOM RAN appears to be reaching an inflection point. Globalstar's balance sheet and cash flows should improve significantly over the next few years, particularly if IoT and private networks become strong growth contributors. While Globalstar's stock isn't necessarily cheap, its high revenue multiple is a function of its high EBITDA margins and growth potential. Read the full article on Seeking Alpha
Seeking Alpha Feb 14

Globalstar Faces New Competition For Direct-To-Mobile Satellite Coverage

Summary Globalstar is expanding its coverage in its Commercial IoT business, targeting the warehouse and manufacturing markets that leverage robotics and other autonomous capabilities. Globalstar's XCOM RAN business is set to provide 5G network services in remote areas, such as mines and offshore oil platforms, with a notable partnership with Liquid Intelligent Technologies. In partnership with Apple, GSAT is launching 50 new satellites. Apple recently announced a separate partnership with SpaceX and T-Mobile. Read the full article on Seeking Alpha

Shareholder Returns

GSATUS TelecomUS Market
7D-1.0%-2.8%2.1%
1Y303.6%-0.4%30.6%

Return vs Industry: GSAT exceeded the US Telecom industry which returned -0.4% over the past year.

Return vs Market: GSAT exceeded the US Market which returned 30.6% over the past year.

Price Volatility

Is GSAT's price volatile compared to industry and market?
GSAT volatility
GSAT Average Weekly Movement8.8%
Telecom Industry Average Movement7.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: GSAT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GSAT's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993477Paul Jacobswww.globalstar.com

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions.

Globalstar, Inc. Fundamentals Summary

How do Globalstar's earnings and revenue compare to its market cap?
GSAT fundamental statistics
Market capUS$10.54b
Earnings (TTM)-US$19.26m
Revenue (TTM)US$272.99m
38.4x
P/S Ratio
-544.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GSAT income statement (TTM)
RevenueUS$272.99m
Cost of RevenueUS$98.79m
Gross ProfitUS$174.20m
Other ExpensesUS$193.46m
Earnings-US$19.26m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.15
Gross Margin63.81%
Net Profit Margin-7.05%
Debt/Equity Ratio136.0%

How did GSAT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 11:37
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Globalstar, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael CrawfordB. Riley Securities, Inc.
James McIlreeChardan Capital Markets, LLC
George SuttonCraig-Hallum Capital Group LLC