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Globalstar (GSAT)
NASDAQ:GSAT
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Globalstar

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GSAT Stock Chart & Stats

$41.79
-$0.14(-6.54%)
At close: 4:00 PM EST
$41.79
-$0.14(-6.54%)

Bulls Say, Bears Say

Bulls Say
EarningsThe company delivered solid results and a reiteration of its outlook.
PartnershipsManagement professed great enthusiasm for the combination of satellite and terrestrial services it is building, supported by tremendous partnerships, clean spectrum, architectural advantages and unique technology.
Revenue GrowthRevenue of $61.2M in the quarter was up 17% year over year driven by increased Wholesale revenue, which notably was up 34% on a year-over-year basis.
Bears Say
Competitive ThreatsSome investors have expressed concerns over recent reports that Apple has been working with SpaceX to enable Starlink service on iPhones.

Globalstar News

GSAT FAQ

What was Globalstar’s price range in the past 12 months?
Globalstar lowest stock price was $15.45 and its highest was $47.44 in the past 12 months.
    What is Globalstar’s market cap?
    Globalstar’s market cap is $5.29B.
      When is Globalstar’s upcoming earnings report date?
      Globalstar’s upcoming earnings report date is Oct 30, 2025 which is today.
        How were Globalstar’s earnings last quarter?
        Currently, no data Available
        Is Globalstar overvalued?
        According to Wall Street analysts Globalstar’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Globalstar pay dividends?
          Globalstar does not currently pay dividends.
          What is Globalstar’s EPS estimate?
          Globalstar’s EPS estimate is -0.01.
            How many shares outstanding does Globalstar have?
            Globalstar has 126,672,745 shares outstanding.
              What happened to Globalstar’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Globalstar?
              Currently, no hedge funds are holding shares in GSAT

              Company Description

              Globalstar

              Globalstar, Inc. provides mobile satellite services worldwide. 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; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

              Globalstar (GSAT) Earnings & Revenues

              GSAT Earnings Call

              Q2 2025
              0:00 / 0:00
              Earnings Call Sentiment|Positive
              The earnings call highlighted significant achievements, including strong financial performance, growth in the IoT sector, successful partnerships, and engagement with government entities. Despite these positive aspects, there were concerns regarding cost increases in XCOM RAN development and challenges related to spectrum sharing. However, the overall sentiment remains optimistic due to strategic investments and partnerships.View all GSAT earnings summaries

              GSAT Stock 12 Month Forecast

              Average Price Target

              $63.00
              ▲(50.75% Upside)
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              Ownership Overview

              70.59%13.03%<0.01%9.15%
              70.59% Insiders
              <0.01% Other Institutional Investors
              9.15% Public Companies and Individual Investors
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