QQQ   296.07 (+0.93%)
AAPL   146.19 (+1.55%)
MSFT   247.98 (+-0.01%)
META   151.91 (+3.13%)
GOOGL   99.38 (+1.91%)
AMZN   101.67 (+2.47%)
TSLA   175.90 (+9.75%)
NVDA   203.58 (+2.81%)
NIO   12.95 (+6.41%)
BABA   119.00 (-1.30%)
AMD   76.00 (+1.12%)
T   19.88 (-0.60%)
MU   63.50 (+1.11%)
F   13.30 (+2.94%)
CGC   2.95 (+6.88%)
GE   83.33 (+2.70%)
DIS   109.86 (+0.15%)
AMC   5.34 (+1.14%)
PFE   44.10 (-0.34%)
PYPL   82.05 (+1.53%)
NFLX   362.46 (-0.66%)
QQQ   296.07 (+0.93%)
AAPL   146.19 (+1.55%)
MSFT   247.98 (+-0.01%)
META   151.91 (+3.13%)
GOOGL   99.38 (+1.91%)
AMZN   101.67 (+2.47%)
TSLA   175.90 (+9.75%)
NVDA   203.58 (+2.81%)
NIO   12.95 (+6.41%)
BABA   119.00 (-1.30%)
AMD   76.00 (+1.12%)
T   19.88 (-0.60%)
MU   63.50 (+1.11%)
F   13.30 (+2.94%)
CGC   2.95 (+6.88%)
GE   83.33 (+2.70%)
DIS   109.86 (+0.15%)
AMC   5.34 (+1.14%)
PFE   44.10 (-0.34%)
PYPL   82.05 (+1.53%)
NFLX   362.46 (-0.66%)
QQQ   296.07 (+0.93%)
AAPL   146.19 (+1.55%)
MSFT   247.98 (+-0.01%)
META   151.91 (+3.13%)
GOOGL   99.38 (+1.91%)
AMZN   101.67 (+2.47%)
TSLA   175.90 (+9.75%)
NVDA   203.58 (+2.81%)
NIO   12.95 (+6.41%)
BABA   119.00 (-1.30%)
AMD   76.00 (+1.12%)
T   19.88 (-0.60%)
MU   63.50 (+1.11%)
F   13.30 (+2.94%)
CGC   2.95 (+6.88%)
GE   83.33 (+2.70%)
DIS   109.86 (+0.15%)
AMC   5.34 (+1.14%)
PFE   44.10 (-0.34%)
PYPL   82.05 (+1.53%)
NFLX   362.46 (-0.66%)
QQQ   296.07 (+0.93%)
AAPL   146.19 (+1.55%)
MSFT   247.98 (+-0.01%)
META   151.91 (+3.13%)
GOOGL   99.38 (+1.91%)
AMZN   101.67 (+2.47%)
TSLA   175.90 (+9.75%)
NVDA   203.58 (+2.81%)
NIO   12.95 (+6.41%)
BABA   119.00 (-1.30%)
AMD   76.00 (+1.12%)
T   19.88 (-0.60%)
MU   63.50 (+1.11%)
F   13.30 (+2.94%)
CGC   2.95 (+6.88%)
GE   83.33 (+2.70%)
DIS   109.86 (+0.15%)
AMC   5.34 (+1.14%)
PFE   44.10 (-0.34%)
PYPL   82.05 (+1.53%)
NFLX   362.46 (-0.66%)
NYSEAMERICAN:GSAT

Globalstar - GSAT Stock Forecast, Price & News

$1.35
-0.03 (-2.17%)
(As of 01/27/2023 01:33 PM ET)
Add
Compare
Today's Range
$1.32
$1.38
50-Day Range
$1.29
$2.17
52-Week Range
$0.91
$2.98
Volume
1.54 million shs
Average Volume
3.81 million shs
Market Capitalization
$2.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.38

Globalstar MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
228.9% Upside
$4.38 Price Target
Short Interest
Healthy
3.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$6.87 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.98) to ($0.02) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars


GSAT stock logo

About Globalstar (NYSEAMERICAN:GSAT) Stock

Globalstar, Inc. provides mobile satellite services worldwide. 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; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

Receive GSAT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Globalstar and its competitors with MarketBeat's FREE daily newsletter.

GSAT Stock News Headlines

Globalstar (NYSEAMERICAN:GSAT) Trading Down 6.1%
Globalstar (NYSEMKT: GSAT)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Why Globalstar (GSAT) Stock Is Plummeting Today
Globalstar to Host Investor Day on November 16
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
4 Low-Beta Tech Stocks to Hedge Against a Volatile Market
Form 8-A12B Global Star Acquisition - StreetInsider.com
See More Headlines
Receive GSAT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Globalstar and its competitors with MarketBeat's FREE daily newsletter.

GSAT Company Calendar

Last Earnings
11/03/2022
Today
1/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:GSAT
Fax
N/A
Employees
329
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.38
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$3.75
Forecasted Upside/Downside
+224.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-112,630,000.00
Net Margins
-194.49%
Pretax Margin
-194.89%

Debt

Sales & Book Value

Annual Sales
$124.30 million
Book Value
$0.20 per share

Miscellaneous

Outstanding Shares
1,801,000,000
Free Float
680,778,000
Market Cap
$2.43 billion
Optionable
Optionable
Beta
0.62

Key Executives

  • Mr. James Monroe III (Age 68)
    Exec. Chairman
    Comp: $50k
  • Mr. David B. Kagan (Age 61)
    Chief Exec. Officer
    Comp: $706.4k
  • Ms. Rebecca S. Clary (Age 44)
    VP & CFO
    Comp: $422.87k
  • Mr. L. Barbee Ponder IV (Age 56)
    Gen. Counsel & VP of Regulatory Affairs
  • Mr. Timothy Evan Taylor (Age 40)
    VP of Fin., Bus. Operations & Strategy and Director
    Comp: $50k
  • Mr. Wen Doong
    Sr. VP of Engineering & Operations
  • Mr. James A. Seese II
    VP of Admin.
  • Mr. Kyle Pickens CFA
    VP of Strategy & Communications
  • Denise Davila
    Corp. Communications Mang.
  • Mr. Richard S. Roberts (Age 77)
    Corp. Sec.













GSAT Stock - Frequently Asked Questions

Should I buy or sell Globalstar stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globalstar in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GSAT shares.
View GSAT analyst ratings
or view top-rated stocks.

What is Globalstar's stock price forecast for 2023?

1 analysts have issued 1-year price objectives for Globalstar's shares. Their GSAT share price forecasts range from $3.75 to $5.00. On average, they predict the company's share price to reach $4.38 in the next year. This suggests a possible upside of 228.9% from the stock's current price.
View analysts price targets for GSAT
or view top-rated stocks among Wall Street analysts.

How have GSAT shares performed in 2023?

Globalstar's stock was trading at $1.39 at the beginning of 2023. Since then, GSAT shares have decreased by 4.3% and is now trading at $1.33.
View the best growth stocks for 2023 here
.

Are investors shorting Globalstar?

Globalstar saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 27,400,000 shares, a drop of 16.9% from the December 31st total of 32,960,000 shares. Based on an average trading volume of 5,510,000 shares, the short-interest ratio is currently 5.0 days. Currently, 4.0% of the company's shares are sold short.
View Globalstar's Short Interest
.

How were Globalstar's earnings last quarter?

Globalstar, Inc. (NYSEAMERICAN:GSAT) posted its quarterly earnings results on Thursday, November, 3rd. The Wireless communications provider reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.10. The Wireless communications provider had revenue of $37.63 million for the quarter, compared to analyst estimates of $31.78 million. Globalstar had a negative net margin of 194.49% and a negative trailing twelve-month return on equity of 93.44%.

What guidance has Globalstar issued on next quarter's earnings?

Globalstar updated its FY 2026 earnings guidance on Thursday, November, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $250.00 million-$310.00 million.

What other stocks do shareholders of Globalstar own?
What is Globalstar's stock symbol?

Globalstar trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GSAT."

Who are Globalstar's major shareholders?

Globalstar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Merrion Investment Management Co LLC (0.04%), Curbstone Financial Management Corp (0.01%), Inspire Investing LLC (0.01%), Catalyst Financial Partners LLC (0.01%), Lake Street Financial LLC (0.00%) and Dupont Capital Management Corp (0.00%). Insiders that own company stock include Benjamin G Wolff, David B Kagan, James Monroe III, Keith O Cowan, L Barbee Iv Ponder, Rebecca Clary and Timothy Evan Taylor.
View institutional ownership trends
.

How do I buy shares of Globalstar?

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

What is Globalstar's stock price today?

One share of GSAT stock can currently be purchased for approximately $1.33.

How much money does Globalstar make?

Globalstar (NYSEAMERICAN:GSAT) has a market capitalization of $2.40 billion and generates $124.30 million in revenue each year. The Wireless communications provider earns $-112,630,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis.

How many employees does Globalstar have?

The company employs 329 workers across the globe.

How can I contact Globalstar?

Globalstar's mailing address is 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States. The official website for the company is www.globalstar.com. The Wireless communications provider can be reached via phone at (985) 335-1500 or via email at investorrelations@globalstar.com.

This page (NYSEAMERICAN:GSAT) was last updated on 1/27/2023 by MarketBeat.com Staff