GSAT Stock Overview Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. More details
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Globalstar, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Globalstar Historical stock prices Current Share Price US$1.85 52 Week High US$2.74 52 Week Low US$1.00 Beta 1.08 1 Month Change 8.19% 3 Month Change 51.64% 1 Year Change 8.19% 3 Year Change 51.64% 5 Year Change 236.98% Change since IPO -89.44%
Recent News & Updates
Executive Chairman recently bought US$1.0m worth of stock Dec 15
Globalstar, Inc. Achieves First 5G Data Call with XCOM RAN on Band n53 Spectrum Dec 13
VP of Finance notifies of intention to sell stock Dec 12
New minor risk - Profitability Nov 10
Third quarter 2024 earnings released: EPS: US$0.005 (vs US$0.005 loss in 3Q 2023) Nov 08
Globalstar, Inc. Revises Earnings Outlook for Full Year 2024 Nov 08 See more updates
Executive Chairman recently bought US$1.0m worth of stock Dec 15
Globalstar, Inc. Achieves First 5G Data Call with XCOM RAN on Band n53 Spectrum Dec 13
VP of Finance notifies of intention to sell stock Dec 12
New minor risk - Profitability Nov 10
Third quarter 2024 earnings released: EPS: US$0.005 (vs US$0.005 loss in 3Q 2023) Nov 08
Globalstar, Inc. Revises Earnings Outlook for Full Year 2024 Nov 08
Price target decreased by 26% to US$2.91 Oct 30
Globalstar, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 26
VP of Finance notifies of intention to sell stock Sep 13 Globalstar, Inc. Revises Earnings Guidance for the Full Year 2024 Aug 09
New major risk - Revenue and earnings growth Aug 08
Globalstar, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Jul 27
Consensus EPS estimates upgraded to US$0.013 loss May 15
Forecast to breakeven in 2025 May 13
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind May 09
Globalstar, Inc. Reiterates Financial Guidance for the Full Year of 2024 May 09
Globalstar, Inc. to Report Q1, 2024 Results on May 08, 2024 May 05
New minor risk - Share price stability Mar 20
VP of Finance notifies of intention to sell stock Mar 15
Director recently bought US$1.7m worth of stock Mar 12
Consensus EPS estimates fall by 100% Mar 07
New minor risk - Financial position Mar 03
Price target decreased by 10% to US$3.92 Mar 03
Full year 2023 earnings: EPS misses analyst expectations Feb 29
Globalstar, Inc. Provides Earnings Guidance for 2024 Feb 29
Globalstar, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Feb 17
Price target increased by 11% to US$4.83 Feb 07
Director recently bought US$964k worth of stock Jan 04
Director recently bought US$1.3m worth of stock Dec 22
New minor risk - Insider selling Nov 29
Globalstar, Inc. Provides Revenue Guidance for the Year 2023 Nov 03
Third quarter 2023 earnings released: US$0.003 loss per share (vs US$0.11 loss in 3Q 2022) Nov 03
Globalstar, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Oct 31
New minor risk - Shareholder dilution Sep 11
Globalstar Appoints Dr. Paul Jacobs as Chief Executive Officer Sep 01 Globalstar Appoints Dr. Paul Jacobs as Chief Executive Officer
Globalstar, Inc. Updates Revenue Guidance for Full Year 2023 Aug 05
Second quarter 2023 earnings released: EPS: US$0.005 (vs US$0.015 loss in 2Q 2022) Aug 04
Globalstar, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Jul 29
VP of Finance notifies of intention to sell stock Jun 18
Executive Chairman recently bought US$604k worth of stock Jun 09
VP & CFO notifies of intention to sell stock Jun 05
Executive Chairman recently bought US$5.2m worth of stock May 14
Globalstar, Inc. Provides Earnings Guidance for the Full Year 2023 May 06
First quarter 2023 earnings: EPS and revenues exceed analyst expectations May 06
VP of Finance notifies of intention to sell stock Mar 20
Consensus EPS estimates upgraded to US$0.013 loss Mar 09
VP & CFO notifies of intention to sell stock Mar 06
Full year 2022 earnings released: US$0.14 loss per share (vs US$0.064 loss in FY 2021) Mar 02
VP & CFO notifies of intention to sell stock Dec 08
Independent Director exercised options to buy US$374k worth of stock. Nov 17
Price target increased to US$3.50 Nov 16
Insufficient new directors Nov 16
Consensus revenue estimates increase by 14% Nov 10
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Nov 04
Globalstar, Inc. Reiterates Financial Guidance for the Full Year 2023 Nov 04
Price target increased to US$3.09 Nov 01
Globalstar, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Nov 01
Executive Chairman recently bought US$361k worth of stock Sep 22
Independent Director recently bought US$149k worth of stock Sep 11
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Aug 05
Globalstar, Inc. Announces Chirag Patel as Director of Product Management Aug 04
Globalstar, Inc. to Report Q2, 2022 Results on Aug 04, 2022 Jul 30
Price target increased to US$3.25 Jun 24
Globalstar, Inc. Introduces Realm Enablement Suite Jun 23 Globalstar Announces Successful Launch of Spare Satellite Jun 21
Consensus estimates of losses per share improve by 17% May 12
First quarter 2022 earnings: EPS and revenues exceed analyst expectations May 06
Globalstar, Inc. to Report Q1, 2022 Results on May 05, 2022 May 04
Insufficient new directors Apr 27
Globalstar, Inc., Annual General Meeting, May 23, 2022 Mar 31
Globalstar, Inc., Annual General Meeting, May 23, 2022 Mar 30
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Feb 27
Globalstar, Inc. to Report Q4, 2021 Results on Feb 24, 2022 Feb 18
Insufficient new directors Jan 03
Third quarter 2021 earnings released: US$0.017 loss per share (vs US$0.015 loss in 3Q 2020) Nov 06
Second quarter 2021 earnings released: US$0.012 loss per share (vs US$0.015 loss in 2Q 2020) Aug 06
Price target increased to US$3.25 Jun 22
First quarter 2021 earnings released: US$0.022 loss per share (vs US$0.025 loss in 1Q 2020) May 08
Globalstar (NYSEMKT:GSAT) Is Carrying A Fair Bit Of Debt Apr 30
What Is The Ownership Structure Like For Globalstar, Inc. (NYSEMKT:GSAT)? Mar 21
Full year 2020 earnings released: US$0.067 loss per share (vs US$0.011 profit in FY 2019) Mar 05
Revenue and earnings beat expectations Mar 05
Globalstar, Inc. Announces the Formation of Global Strategic Alliance with XCOM Labs, Inc Feb 18
Globalstar (NYSEMKT:GSAT) Shareholders Have Enjoyed A Whopping 463% Share Price Gain Feb 14
Globalstar’s Band n53 in Qualcomm’s X65 Modem Feb 10
New 90-day high: US$2.01 Feb 10
New 90-day high: US$1.43 Jan 21
Globalstar Signs Agreement with Ceres Tag Jan 14
Here's Why Globalstar (NYSEMKT:GSAT) Can Afford Some Debt Jan 10
Globalstar, Inc. Announces Nokia Deployment over Licensed Band 53 at Port of Seattle Jan 08
New 90-day high: US$0.39 Jan 06
New 90-day high: US$0.36 Dec 18
Could The Globalstar, Inc. (NYSEMKT:GSAT) Ownership Structure Tell Us Something Useful? Dec 04 Shareholder Returns GSAT US Telecom US Market 7D -16.7% -3.2% 0.1% 1Y 8.2% 20.5% 26.1%
See full shareholder returns
Return vs Industry: GSAT underperformed the US Telecom industry which returned 20.5% over the past year.
Return vs Market: GSAT underperformed the US Market which returned 26.1% over the past year.
Price Volatility Is GSAT's price volatile compared to industry and market? GSAT volatility GSAT Average Weekly Movement 15.3% Telecom Industry Average Movement 7.8% Market Average Movement 6.3% 10% most volatile stocks in US Market 16.7% 10% least volatile stocks in US Market 3.1%
Stable Share Price: GSAT's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: GSAT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company 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 one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator’s products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services.
Show more Globalstar, Inc. Fundamentals Summary How do Globalstar's earnings and revenue compare to its market cap? GSAT fundamental statistics Market cap US$3.60b Earnings (TTM ) -US$38.66m Revenue (TTM ) US$241.58m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) GSAT income statement (TTM ) Revenue US$241.58m Cost of Revenue US$78.90m Gross Profit US$162.68m Other Expenses US$201.34m Earnings -US$38.66m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.02 Gross Margin 67.34% Net Profit Margin -16.00% Debt/Equity Ratio 100.1%
How did GSAT perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/18 23:55 End of Day Share Price 2024/12/18 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 here .
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 .
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Analyst Sources Globalstar, Inc. is covered by 8 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.
Analyst Institution Michael Rindos Aegis Capital Corporation Ishan Majumdar Baptista Research Michael Crawford B. Riley Securities, Inc.
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