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Trade AMZN with leverageAmazon ( (AMZN) ) has provided an announcement.
On April 14, 2026, Amazon.com, Inc. and Globalstar, Inc. announced a definitive merger agreement under which Amazon will acquire Globalstar, including its mobile satellite services operations, infrastructure, and globally authorized spectrum licenses. The deal, already approved by Globalstar stockholders holding about 58% of voting power, is expected to close in 2027 subject to regulatory approvals and certain satellite deployment milestones, with Globalstar shareholders receiving cash or Amazon stock under a capped and prorated consideration structure.
The acquisition will fold Globalstar’s existing and forthcoming low Earth orbit satellites into Amazon Leo, enabling direct-to-device services that extend cellular voice, text, and data coverage beyond terrestrial networks and support hundreds of millions of endpoints globally. In parallel, Amazon and Apple agreed that Amazon Leo will power satellite features for current and future iPhone and Apple Watch models, reinforcing Amazon’s push into satellite communications, enhancing resilience and emergency connectivity, and intensifying competition in the space, satellite, and telecom sectors while supporting efforts to narrow the global digital divide.
The most recent analyst rating on (AMZN) stock is a Buy with a $265.00 price target. To see the full list of analyst forecasts on Amazon stock, see the AMZN Stock Forecast page.
Spark’s Take on AMZN Stock
According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform.
The score is led by strong profitability momentum and an improving balance sheet, supported by constructive earnings-call signals around accelerating AWS/AI and demand visibility. Offsetting these strengths are weaker 2025 free-cash-flow conversion and heavy planned investment needs, while technicals and valuation are only moderate due to longer-term trend resistance and a premium P/E with no dividend.
To see Spark’s full report on AMZN stock, click here.
More about Amazon
Amazon.com, Inc. is a global technology and e-commerce company that has expanded into cloud computing, digital devices, and space-based connectivity services. Through its Amazon Leo low Earth orbit satellite network, the company aims to provide broadband and direct-to-device connectivity for consumer, enterprise, and government customers worldwide.
Average Trading Volume: 51,186,623
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2559B
See more data about AMZN stock on TipRanks’ Stock Analysis page.