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NYSEARCA:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

Globalstar logo
$19.47 +0.37 (+1.94%)
As of 01:15 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Globalstar Stock (NYSEARCA:GSAT)

Key Stats

Today's Range
$19.06
$19.57
50-Day Range
$18.45
$23.42
52-Week Range
$15.00
$41.10
Volume
123,061 shs
Average Volume
718,333 shs
Market Capitalization
$36.88 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.33
Consensus Rating
Moderate Buy

Company Overview

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. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

Globalstar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
30th Percentile Overall Score

GSAT MarketRank™: 

Globalstar scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Globalstar has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Globalstar has only been the subject of 3 research reports in the past 90 days.

  • Read more about Globalstar's stock forecast and price target.
  • Earnings Growth

    Earnings for Globalstar are expected to remain at ($0.01) per share in the coming year.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Globalstar is -647.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Globalstar is -647.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Globalstar has a P/B Ratio of 97.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for GSAT.
  • Dividend Yield

    Globalstar does not currently pay a dividend.

  • Dividend Growth

    Globalstar does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for GSAT.
  • Search Interest

    Only 16 people have searched for GSAT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Globalstar to their MarketBeat watchlist in the last 30 days. This is an increase of 42% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Globalstar insiders have bought 665.65% more of their company's stock than they have sold. Specifically, they have bought $5,784,726.00 in company stock and sold $755,528.00 in company stock.

  • Percentage Held by Insiders

    60.76% of the stock of Globalstar is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 18.89% of the stock of Globalstar is held by institutions.

  • Read more about Globalstar's insider trading history.
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GSAT Stock News Headlines

Feds Just Admitted It—They Can Take Your Cash
Here’s the cold truth: If your money is sitting idle in a bank account, it’s vulnerable. That’s why thousands of smart, forward-thinking individuals are making the move—out of the system and into real, untouchable assets. Because once your funds are frozen, it’s too late.
Globalstar Announces Expansion of Leadership Team
Bear of the Day: Globalstar (GSAT)
Globalstar director buys $520K in common stock
See More Headlines

GSAT Stock Analysis - Frequently Asked Questions

Globalstar's stock was trading at $2.07 on January 1st, 2025. Since then, GSAT shares have increased by 839.1% and is now trading at $19.44.
View the best growth stocks for 2025 here
.

Globalstar, Inc. (NYSEARCA:GSAT) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The company earned $60.39 million during the quarter, compared to the consensus estimate of $57.49 million. Globalstar had a negative net margin of 14.91% and a negative trailing twelve-month return on equity of 9.40%.

Top institutional shareholders of Globalstar include IMC Chicago LLC, Magnus Financial Group LLC (0.01%), Robertson Stephens Wealth Management LLC (0.01%) and Rhumbline Advisers. Insiders that own company stock include James F Lynch, David B Kagan, William A Hasler, James Monroe III, Keith O Cowan, Benjamin G Wolff, Timothy Evan Taylor, L Barbee Iv Ponder, Rebecca Clary and Paul E Jacobs.
View institutional ownership trends
.

Shares of GSAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
8/08/2024
Today
4/24/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSEARCA
Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NYSEARCA:GSAT
Previous Symbol
NYSE:GSAT
Fax
N/A
Employees
348
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.33
High Stock Price Target
$60.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+126.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-24,720,000.00
Pretax Margin
-10.42%

Debt

Sales & Book Value

Annual Sales
$223.81 million
Cash Flow
$0.33 per share
Price / Cash Flow
58.26
Book Value
$0.20 per share
Price / Book
95.50

Miscellaneous

Outstanding Shares
1,894,200,000
Free Float
743,284,000
Market Cap
$36.18 billion
Optionable
Optionable
Beta
1.07

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This page (NYSEARCA:GSAT) was last updated on 4/24/2025 by MarketBeat.com Staff
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