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NASDAQ:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

Globalstar logo
$82.52 +0.14 (+0.17%)
Closing price 10/23/2026 04:00 PM Eastern
Extended Trading
$82.52 0.00 (-0.01%)
As of 10/23/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Globalstar Stock (NASDAQ:GSAT)

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Key Stats

Today's Range
$81.91
▼
$82.56
50-Day Range
$81.37
▼
$83.82
52-Week Range
$41.06
▼
$84.85
Volume
499,356 shs
Average Volume
620,749 shs
Market Capitalization
$10.69 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.67
Consensus Rating
Hold

Company Overview

Globalstar, Inc. provides mobile satellite communications and connectivity services to customers in areas where terrestrial networks are unavailable or unreliable. Its offerings include two-way satellite voice and data communications, satellite-based asset tracking, personal safety and messaging services, and Internet of Things connectivity for commercial, government, and consumer applications.

The company operates a constellation of low-Earth-orbit satellites, ground stations, and related network infrastructure serving users across North and South America, Europe, Australia, and other parts of the world. Globalstar’s SPOT product line provides satellite-enabled tracking, messaging, and emergency response services for individuals, outdoor enthusiasts, and organizations. The company also provides wholesale satellite capacity and network services to partners, including capacity used for satellite-enabled features in consumer devices.

Globalstar was founded in 1991 and began commercial operations around the turn of the century. The company is headquartered in Covington, Louisiana. Paul E. Jacobs serves as chief executive officer, bringing experience in wireless communications and technology leadership.

AI Generated. May Contain Errors.

Globalstar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

GSAT MarketRank™: 
1.755433324385 of 5 stars

Globalstar scored higher than 35% of companies evaluated by MarketBeat, and ranked 154th out of 237 stocks in the communication services sector. 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 Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 4 hold ratings, and 1 sell rating.

  • Downside Risk

    Globalstar has a consensus price target of $75.67, representing about 8.3% downside from its current price of $82.52.

  • 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 grow in the coming year, from ($0.62) to ($0.10) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Globalstar is -161.80, 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 -161.80, 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 29.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    7.88% of the float of Globalstar has been sold short.
  • Short Interest Ratio / Days to Cover

    Globalstar has a short interest ratio ("days to cover") of 6.56.
  • Change versus previous month

    Short interest in Globalstar has recently decreased by 8.34%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Globalstar does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Globalstar has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Globalstar this week, compared to 5 articles on an average week.
  • Search Interest

    5 people have searched for GSAT on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Globalstar to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Globalstar insiders have sold 89.68% more of their company's stock than they have bought. Specifically, they have bought $29,839,232.00 in company stock and sold $56,598,086.00 in company stock.

  • Percentage Held by Insiders

    60.00% 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

    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

Elon Musk’s Hushed FCC Filing. Dec 8th.
Elon Musk quietly filed a document with the federal government tied to artificial intelligence, one of the largest markets in the world. James Altucher, who previously flagged Nvidia in 2008 and Bitcoin in 2013, says the filing could rival Tesla, SpaceX and xAI combined. Few investors know this filing exists, but that is expected to change quickly.tc pixel
See More Headlines

GSAT Stock Analysis - Frequently Asked Questions

Globalstar's stock was trading at $61.04 on January 1st, 2026. Since then, GSAT stock has increased by 35.2% and is now trading at $82.52.

Globalstar, Inc. (NASDAQ:GSAT) released its earnings results on Thursday, August, 6th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.14. The business's revenue for the quarter was down 3.5% on a year-over-year basis.

Globalstar's stock reverse split before market open on Tuesday, February 11th 2025.The 1-15 reverse split was announced on Friday, February 7th 2025. The number of shares owned by shareholders was adjusted after the market closes on Monday, February 10th 2025. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Top institutional investors of Globalstar include Robertson Stephens Wealth Management LLC (0.08%), Nisa Investment Advisors LLC (0.01%), Inspire Investing LLC (0.01%) and Vontobel Holding Ltd.. Insiders that own company stock include William A Hasler, James Monroe III, James Monroe III, James F Lynch, Timothy Evan Taylor, Timothy Evan Taylor, L Barbee Iv Ponder, L Barbee Iv Ponder, Rebecca Clary, Rebecca Clary, Paul E Jacobs and Benjamin G Wolff.
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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Globalstar investors own include NVIDIA (NVDA), Palantir Technologies (PLTR), Tesla (TSLA), NIO (NIO), Advanced Micro Devices (AMD), Micron Technology (MU) and Plug Power (PLUG).

Company Calendar

Last Earnings
8/06/2026
Today
10/25/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Diversified Telecommunication Services
Sub-Industry
Alternative Carriers
Current Symbol
NASDAQ:GSAT
Previous Symbol
NASDAQ:GSAT
CIK
1366868
Fax
N/A
Employees
477
Year Founded
1991

Price Target and Rating

High Price Target
$90.00
Low Price Target
$62.00
Potential Upside/Downside
-8.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.51)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$8.65 million
Net Margins
-22.25%
Pretax Margin
-16.34%
Return on Equity
-16.66%
Return on Assets
-2.43%

Debt

Debt-to-Equity Ratio
1.05
Current Ratio
1.55
Quick Ratio
1.51

Sales & Book Value

Annual Sales
$272.99 million
Price / Sales
39.16
Cash Flow
$0.65 per share
Price / Cash Flow
127.67
Book Value
$2.80 per share
Price / Book
29.47

Miscellaneous

Outstanding Shares
129,560,000
Free Float
51,825,000
Market Cap
$10.69 billion
Optionable
Optionable
Beta
1.45

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This page (NASDAQ:GSAT) was last updated on 10/23/2026 by MarketBeat.com Staff.
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