GSAT icon

Globalstar

34.28 USD
+2.19
6.82%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
34.50
+0.22
0.64%
1 day
6.82%
5 days
7.93%
1 month
30.09%
3 months
46.94%
6 months
58.63%
Year to date
7.8%
1 year
95.33%
5 years
592.53%
10 years
25.57%
 

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

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

719% more call options, than puts

Call options by funds: $227M | Put options by funds: $27.8M

21% more capital invested

Capital invested by funds: $554M [Q1] → $671M (+$118M) [Q2]

1.53% more ownership

Funds ownership: 20.99% [Q1] → 22.52% (+1.53%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

12% less funds holding

Funds holding: 164 [Q1] → 145 (-19) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 51

50% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 34

Financial journalist opinion

Based on 8 articles about GSAT published over the past 30 days

Positive
Zacks Investment Research
11 hours ago
Can Globalstar's Bet on HIBLEO-XL Boost Its Satellite Market Share?
GSAT pushes forward with its HIBLEO-XL-1 plan and $1.5B C-3 satellites to boost next-gen connectivity and long-term growth.
Can Globalstar's Bet on HIBLEO-XL Boost Its Satellite Market Share?
Neutral
Business Wire
2 days ago
Globalstar to Enter Next Era of Mobile Satellite Connectivity with Expanded Operational Frequencies
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces plans to bring-into-use its HIBLEO-XL-1 satellite system filing in preparation for its next era of mobile satellite connectivity. Dr. Paul Jacobs, Globalstar CEO, said “We believe that bringing HIBLEO-XL-1 into use provides Globalstar with significant optionality as the Company grows as a major provider of connectivity in the global space.
Globalstar to Enter Next Era of Mobile Satellite Connectivity with Expanded Operational Frequencies
Positive
Zacks Investment Research
5 days ago
Globalstar Surges 37% in Three Months: Is the Stock Still a Buy?
GSAT has surged 37% in three months, powered by strong Q2 results, new platforms and bold infrastructure upgrades.
Globalstar Surges 37% in Three Months: Is the Stock Still a Buy?
Positive
Zacks Investment Research
8 days ago
Here's Why 'Trend' Investors Would Love Betting on Globalstar (GSAT)
Globalstar (GSAT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Here's Why 'Trend' Investors Would Love Betting on Globalstar (GSAT)
Positive
Seeking Alpha
9 days ago
Globalstar Gaining Traction As It Builds Out Its MSS Network (Rating Upgrade)
I am upgrading Globalstar, Inc. to Strong Buy with a $55.48 price target, driven by new government & defense contracts worth over $60 million. GSAT is expanding its LEO satellite constellation, enhancing IoT and MSS offerings, and partnering with Parsons and the U.S. Army for mission-critical communications. Financially, GSAT posted strong Q2 2025 revenue growth, improved leverage, and is offsetting legacy service declines with IoT and government segment expansion.
Globalstar Gaining Traction As It Builds Out Its MSS Network (Rating Upgrade)
Neutral
Business Wire
13 days ago
Globalstar Breaks Ground in Greece – Doubling the Size of its Teleport Facilities to Support its Third-Generation C-3 Constellation
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction of additional gateway infrastructure at its existing ground station at OTE S.A.'s commercial teleport in Nemea, Greece. Globalstar's work in Nemea is part of a substantial expansion of its global ground infrastructure to support its third-generation C-3 System. Globalstar, through its wholly owned subsidiary, Globalstar Europ.
Globalstar Breaks Ground in Greece – Doubling the Size of its Teleport Facilities to Support its Third-Generation C-3 Constellation
Neutral
Business Wire
14 days ago
Globalstar to Participate in Upcoming Conferences
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming conferences: B. Riley 8th Annual Consumer & TMT Conference Date: Wednesday, September 10, 2025 Location: New York, NY Format: Rebecca Clary, Globalstar VP and CFO, and other Company representatives will participate in one-on-one.
Globalstar to Participate in Upcoming Conferences
Positive
Zacks Investment Research
16 days ago
What Makes Globalstar (GSAT) a Strong Momentum Stock: Buy Now?
Does Globalstar (GSAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes Globalstar (GSAT) a Strong Momentum Stock: Buy Now?
Neutral
Business Wire
1 month ago
Globalstar Secures Early Government Wins Expected to Yield $60 Million, Expanding Government and Defense Market Presence with Resilient Satellite and 5G Networking Solutions
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced significant momentum in the government market through multiple recent contract awards and strategic partnerships. Leveraging its Low Earth Orbit (LEO) satellite constellation, licensed spectrum assets, and advanced networking technologies, Globalstar is delivering mission-critical communications solutions for def.
Globalstar Secures Early Government Wins Expected to Yield $60 Million, Expanding Government and Defense Market Presence with Resilient Satellite and 5G Networking Solutions
Positive
Zacks Investment Research
1 month ago
GSAT Expands Singapore Ground Station for Next-Gen C-3 Satcom System
Globalstar begins expanding its Singapore ground station with new antennas to boost its C-3 mobile satellite network and global coverage.
GSAT Expands Singapore Ground Station for Next-Gen C-3 Satcom System
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