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NASDAQ:GSAT

Globalstar (GSAT) Stock Price, News & Analysis

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$82.59 +0.25 (+0.30%)
Closing price 09/29/2026 04:00 PM Eastern
Extended Trading
$82.78 +0.19 (+0.23%)
As of 09/29/2026 08:00 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
$82.25
▼
$82.72
50-Day Range
$78.60
▼
$84.18
52-Week Range
$35.39
▼
$84.85
Volume
504,011 shs
Average Volume
532,717 shs
Market Capitalization
$10.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.67
Consensus Rating
Reduce

Company Overview

Globalstar, Inc. (NASDAQ: GSAT) provides satellite communications and connectivity services to customers in North America, South America, Europe, Australia, and other regions. The company operates a constellation of low-Earth-orbit satellites and a network of ground stations that support voice, data, asset-tracking, and other communications applications, particularly in areas with limited or no traditional cellular coverage.

Its products and services include two-way mobile satellite voice and data communications, one-way satellite messaging and tracking, and connectivity solutions for industries such as government, transportation, maritime, emergency response, recreation, and natural-resource management. Globalstar also offers SPOT-branded satellite messaging and emergency-notification products, which are designed to help individuals and organizations communicate and share location information outside conventional wireless networks.

Founded in 1991, Globalstar began commercial satellite services in the early 2000s and has continued developing its satellite and terrestrial network infrastructure. The company also provides satellite network capacity and related services to third parties, including connectivity supporting satellite-enabled features on consumer devices. Globalstar is headquartered in Covington, Louisiana, and is led by Chief Executive Officer Paul E. Jacobs.

AI Generated. May Contain Errors.

Globalstar Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
23rd Percentile Overall Score

GSAT MarketRank™: 

Globalstar scored higher than 23% of companies evaluated by MarketBeat, and ranked 187th out of 240 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 Reduce. The company's average rating score is 1.83, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and 2 sell ratings.

  • Downside Risk

    Globalstar has a consensus price target of $75.67, representing about 8.4% downside from its current price of $82.59.

  • 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 -161.94, 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 -161.94, 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 29.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    8.60% 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 9.5.
  • Change versus previous month

    Short interest in Globalstar has recently increased by 6.77%, indicating that investor sentiment is decreasing 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 0.62. 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 news sentiment score is similar to the average news sentiment of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Globalstar this week, compared to 6 articles on an average week.
  • Search Interest

    Only 2 people have searched for GSAT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Globalstar to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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

L Barbee Iv Ponder Sells 1,692 Shares of Globalstar (NASDAQ:GSAT) Stock
First Look: Elon’s “Starphone”
Rumors are swirling that Elon Musk is developing a new mobile device that could rival the iPhone. It's said to be thinner, longer-lasting on battery, and cheaper to produce, with the ability to work worldwide without relying on cell towers. Former Bloomberg reporter and SAC Capital trader Josh Baylin says the evidence is mounting. He notes the FCC recently gave Musk a green light connected to his mobile plans, adding fuel to speculation. Baylin previously called the smartphone boom in 2004 and predicted Apple would sell a billion phones when others expected a fraction of that.tc pixel
James Lynch Sells 361,600 Shares of Globalstar (NASDAQ:GSAT) Stock
Globalstar (NASDAQ:GSAT) Director Sells 361,600 Shares of Stock
See More Headlines

GSAT Stock Analysis - Frequently Asked Questions

Globalstar's stock was trading at $61.04 at the beginning of 2026. Since then, GSAT shares have increased by 35.3% and is now trading at $82.59.

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

Globalstar shares reverse split on the morning of 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 closing bell 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.

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 Co-Diagnostics (CODX), Tonix Pharmaceuticals (TNXP), Applied Materials (AMAT), Nokia (NOK) and

Company Calendar

Last Earnings
8/06/2026
Today
9/29/2026
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
-8.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
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
39.20
Cash Flow
$0.65 per share
Price / Cash Flow
127.39
Book Value
$2.80 per share
Price / Book
29.50

Miscellaneous

Outstanding Shares
129,560,000
Free Float
51,825,000
Market Cap
$10.70 billion
Optionable
N/A
Beta
1.51

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This page (NASDAQ:GSAT) was last updated on 9/30/2026 by MarketBeat.com Staff.
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