Globalstar (GSAT) Stock Price, News & Analysis

Company Overview

Globalstar, Inc. is a leading provider of mobile satellite voice and data services, offering reliable communications solutions where terrestrial networks are unavailable or unreliable. The company’s core business revolves around a low Earth orbit (LEO) satellite constellation that enables voice calling, duplex data transmission, and Internet of Things (IoT) connectivity across remote and underserved regions. Through partnerships with service providers and distributors worldwide, Globalstar delivers hardware, airtime plans, and value-added applications tailored to enterprise, government, maritime, energy, and consumer markets.

Globalstar’s product portfolio includes satellite telephones, data modems, asset-tracking devices, and personal emergency beacons. Its second-generation (Gen2) satellites, launched between 2010 and 2013, enhanced network capacity and performance, supporting two-way data rates of up to 9.6 kbps. The company also markets compact IoT terminals and SPOT® satellite messengers, which allow users to send preprogrammed texts, GPS coordinates, and SOS alerts in areas without cellular coverage. Complementary ground infrastructure, such as gateway earth stations and network operations centers, underpins Globalstar’s end-to-end service offerings.

Founded in 1991 and headquartered in Covington, Louisiana, Globalstar began commercial operations in 2000 and went public on the NYSE American exchange under the ticker GSAT. Its network spans more than 120 countries across the Americas, Europe, Asia, Africa, and Australia, providing near-global coverage except for extreme polar regions. The company is led by Chairman and Chief Executive Officer Jay Monroe, supported by an executive team with deep experience in satellite technology, wireless communications, and global distribution. Globalstar continues to explore next-generation architectures and strategic partnerships to expand capacity, improve data throughput, and address evolving connectivity needs around the world.

Key Stats

• Today's Range: $24.74 to $26.59
• 50-Day Range: $17.58 to $26.52
• 52-Week Range: $15.00 to $41.10
• Volume: 1.99 million shs
• Average Volume: 756,836 shs
• Market Capitalization: $3.35 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $60.00
• Consensus Rating: Buy

Globalstar Stock Analysis - MarketRank™

Globalstar scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Globalstar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Globalstar has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Globalstar is -58.96, 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 -58.96, 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 8.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.66% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Globalstar has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Globalstar does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.66% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Globalstar has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

Globalstar has a news sentiment score of 0.72. 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 Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Globalstar this week, compared to 1 article on an average week.

Search Interest

29 people have searched for GSAT on MarketBeat in the last 30 days. This is an increase of 26% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Globalstar insiders have not sold or bought any company stock.

Percentage Held by Insiders

60.76% 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

Only 18.89% of the stock of Globalstar is held by institutions.

GSAT Stock Analysis - Frequently Asked Questions

How have GSAT shares performed this year?

Globalstar's stock was trading at $31.80 at the start of the year. Since then, GSAT stock has decreased by 16.6% and is now trading at $26.52.

When did Globalstar's stock split?

Globalstar shares 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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Globalstar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Globalstar investors own include B&G Foods (BGS), Cresud S.A.C.I.F. y A. (CRESY), Geo Group (GEO), ProPetro (PUMP), Tourmaline Oil (TOU), A-Mark Precious Metals (AMRK) and Alight (ALIT).

Company Calendar

• Today: 7/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Communication
• Current Symbol: NYSEAMERICAN:GSAT
• CIK: 1366868
• Web: N/A
• Phone: (408) 933-4000
• Fax: N/A
• Employees: 330
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $60.00
• High Stock Price Target: $60.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: +126.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.4498)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$24.72 million
• Net Margins: -14.91%
• Pretax Margin: -10.42%
• Return on Equity: -9.40%
• Return on Assets: -3.91%

Debt

• Debt-to-Equity Ratio: 0.91
• Current Ratio: 1.09
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $223.81 million
• Price / Sales: 14.97
• Cash Flow: $0.59 per share
• Price / Cash Flow: 44.59
• Book Value: $2.99 per share
• Price / Book: 8.87

Miscellaneous

• Outstanding Shares: 126,340,000
• Free Float: 49,577,000
• Market Cap: $3.35 billion
• Optionable: N/A
• Beta: 1.03