Globalstar
GSAT
Market cap $2.99B

23.62 USD

-0.22

0.92%

At close Jul 30, 4:00 PM EDT

After hours

23.26

-0.36

1.52%

1 day

-0.92%

5 days

-9.36%

1 month

0.30%

3 months

22.89%

6 months

6.40%

Year to date

-25.72%

1 year

31.22%

5 years

342.32%

10 years

-26.07%

About: Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. It has one reportable segment: MSS business. The company generates the vast majority of its revenue within the United States.

Employees: 389

Communication Services Telecom Services

0

Funds holding %

of 7,323 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

175% more call options, than puts

Call options by funds: $202M | Put options by funds: $73.3M

0.85% more ownership

Funds ownership: 20.14% [Q4 2024] → 20.99% (+0.85%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

31% less funds holding

Funds holding: 236 [Q4 2024] → 164 (-72) [Q1 2025]

32% less capital invested

Capital invested by funds: $815M [Q4 2024] → $554M (-$261M) [Q1 2025]

66% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 104

98% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 126

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Research analyst outlook

We haven’t received any recent analyst ratings for GSAT.

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about GSAT published over the past 30 days

Zacks Investment Research

3 Stocks to Watch From the Satellite and Communication Industry

Macro uncertainty remains a concern, but growing global connectivity needs could drive prospects for the Zacks Satellite and Communication industry participants like GSAT, IRDM and GILT.

3 Stocks to Watch From the Satellite and Communication Industry

24/7 Wall Street

AST SpaceMobile vs. GlobalStar?

ASTS and GSAT are intriguing satellite connectivity plays with significant growth prospects.

AST SpaceMobile vs. GlobalStar?

Globalstar Expands Canadian Ground Station Infrastructure

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that construction has commenced at Globalstar's two Canadian ground stations, High River in Alberta and Smiths Falls in Ontario. The expansion adds three additional tracking antennas at each facility, continuing Globalstar's global infrastructure expansion. These two Globalstar-owned facilities have been in continuous operation for over t.

Globalstar Expands Canadian Ground Station Infrastructure

Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction commencement of additional gateway infrastructure at its existing ground station in Bihoro, Japan. This strategic expansion begins the rapid growth of Globalstar's mobile satellite services throughout Asia, including additional infrastructure in multiple locations required to support its third-generation C-3 mobile satellite system.

Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation

Zacks Investment Research

Globalstar Aids U.S. Army to Power the Future of Tactical Communications

GSAT's pact with the U.S. Army and C-3 network expansion position it at the forefront of secure satellite innovation.

Globalstar Aids U.S. Army to Power the Future of Tactical Communications

Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces a Cooperative Research and Development Agreement (CRADA) with the United States Army. Under the agreement, Globalstar will collaborate with Army research and development teams to evaluate the performance of its advanced satellite data solutions for the Department of Defense including low probability of intercept/low probability of detect (LPI/LPD) co.

Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing

Zacks Investment Research

Globalstar & Telecom CLM to Expand Alcazar Teleport for C-3 System

GSAT doubles its Alcazar Teleport footprint in Spain, boosting satellite network resilience across Europe.

Globalstar & Telecom CLM to Expand Alcazar Teleport for C-3 System

Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region

MADRID--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the execution of definitive agreements with Telecom Castilla-La Mancha, S.A. (“Telecom CLM”) to expand the Alcazar Teleport in Castilla La Mancha, Spain, with additional ground station antennas and associated infrastructure. These further investments will support Globalstar's launch and operation of its previously announced third-generation mobil.

Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region

Globalstar Signs Launch Services Agreement with SpaceX

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement with SpaceX for a Falcon 9 launch for the next set of satellites, pursuant to the 2022 satellite procurement agreement with MDA. As previously disclosed, these satellites will provide continuous satellite services in combination with the existing second-generation satellites in operation today. Glo.

Globalstar Signs Launch Services Agreement with SpaceX

Zacks Investment Research

Globalstar Expands Satellite Reach With First C-3 Tracking Antenna

GSAT's first C-3 tracking antenna, Clifton-8, signals the start of a sweeping global satellite network upgrade.

Globalstar Expands Satellite Reach With First C-3 Tracking Antenna

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