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GSAT - Globalstar, Inc.
Market Cap 2.02B P/E - EPS this Y 50.00% Ern Qtrly Grth -
Income -54.76M Forward P/E -112.00 EPS next Y 100.00% 50D Avg Chg 1.00%
Sales 226.96M PEG -8.00 EPS past 5Y - 200D Avg Chg -14.00%
Dividend N/A Price/Book 6.55 EPS next 5Y 15.00% 52W High Chg -62.00%
Recommedations 2.20 Quick Ratio 0.78 Shares Outstanding 1.89B 52W Low Chg 32.00%
Insider Own 60.38% ROA -0.89% Shares Float 745.33M Beta 0.86
Inst Own 19.89% ROE -12.64% Shares Shorted/Prior 25.17M/32.86M Price 1.12
Gross Margin 67.16% Profit Margin -19.44% Avg. Volume 3,626,919 Target Price 3.97
Oper. Margin -2.36% Earnings Date Oct 31 Volume 4,008,313 Change -0.88%
Communication Services | Telecom Services | United States
About Globalstar, Inc.

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

Globalstar, Inc. News
11/19/24 Globalstar to Host Analyst & Investor Day on December 12, 2024
11/18/24 Globalstar plans to shift listing to Nasdaq, announces reverse stock split
11/18/24 Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq
11/18/24 Apple ups satellite investment stakes with latest Globalstar deal
11/14/24 Globalstar Wins Terrestrial Authority in Mexico
11/12/24 Globalstar Announces Participation at Deutsche Bank’s Global Space Summit
11/10/24 Globalstar, Inc. (GSAT): A Bull Case Theory
11/09/24 Globalstar Inc (GSAT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Advances
11/07/24 Globalstar Announces Third Quarter 2024 Financial Results
11/05/24 Apple reportedly devising plans to enter smart glasses market
11/04/24 Apple to invest $1.5bn in Globalstar to expand satellite services
11/02/24 Morgan Stanley says Globalstar expanded Apple relationship ‘very encouraging’
11/02/24 Globalstar Expands Satellite Network with Apple Agreement
11/01/24 Globalstar Soars 64% on Expanded Apple Partnership, Forecasts Revenue Doubling
11/01/24 Globalstar stock surges on potential $1.5B Apple investment: Reuters
11/01/24 Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion
11/01/24 Satellite Operator Globalstar Soars After Agreement With Apple
11/01/24 Globalstar Expands Satellite Services Deal With Apple
11/01/24 Globalstar stock rockets 40% on expanded satellite service deal with Apple
10/25/24 Globalstar, Inc. Earnings Release and Call Notice
GSAT Chatroom

User Image NinefingerMan Posted - 34 minutes from now

$GSAT just a matter of when. The big Tutes have way too much invested. She gonna rocket

User Image Tp77 Posted - 28 minutes from now

$GSAT

User Image OGHeidi Posted - 7 minutes from now

$GSAT https://wix.to/Y9A4fd6

User Image Tedwilliams09 Posted - 11 minutes ago

$GSAT since the conference call down .50 to 1.63. Nice job communicating and reverse splitting to shareholders. Probably have some support in the 1.20s

User Image Tedwilliams09 Posted - 1 hour ago

$GSAT 1.66

User Image BullMountain Posted - 1 hour ago

$GSAT is a reverse split confirmed ?

User Image STOK_WOLF Posted - 5 hours ago

$GSAT not touching this again until after r/s

User Image type12 Posted - 7 hours ago

$GSAT

User Image Restart23 Posted - 9 hours ago

$GSAT all the good news but sp like 💩

User Image GlobalStar2011 Posted - 9 hours ago

$GSAT https://x.com/BrettKrieger12/status/1859296699409412460/video/1

User Image VegasDavid Posted - 9 hours ago

$GSAT k so no buyout only partnership next year if monetized 3x . So so 3.25 as nothing else not happening. 5 year plan holy moly that’s 10x on connectivity and the new optional Apple star sat.

User Image TulipTree Posted - 9 hours ago

$GSAT 🐂Ish

User Image Mstocks14 Posted - 9 hours ago

$GSAT Globalstar empowers its customers to connect, transmit, and communicate, offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. LEO satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offers carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions. https://www.stocktitan.net/news/GSAT/globalstar-to-host-analyst-investor-day-on-december-12-1zdjcib1y3f8.html

User Image DEDBEARS Posted - 10 hours ago

$GSAT

User Image DEDBEARS Posted - 13 hours ago

$GSAT https://www.marketbeat.com/stocks/NYSE/GSAT/institutional-ownership/

User Image OGHeidi Posted - 13 hours ago

$GSAT Apple just might buy Globalstar “and” RocketLab to compete with Elon and Bezos. Devices, 3K birds, Global Spectrum, Launches! #GeniusMove

User Image Stayinvest Posted - 13 hours ago

$GSAT For me Gsat and Starlink will coexist, Gsat have a lot of world wide spectrum and licenses that anyone would like or BUY. Now Starlink is going to eat Spacemobile lunch. Bullish here

User Image RoundNumbers Posted - 13 hours ago

$GSAT I’m adding 1.48 or selling 5.00 🤷‍♂️

User Image MREricPirate Posted - 13 hours ago

$GSAT wow this business looks tough https://www.pcmag.com/news/spacex-slams-ast-spacemobile-as-a-meme-stock-out-to-stop-cellular-starlink

User Image Stayinvest Posted - 14 hours ago

$GSAT I’m telling you, he is taking like that either because he is like that or he does not want people to get exited for unknown reason and keep stock down that Apple keep buying the stock at low price who knows

User Image Nostrastockus Posted - 14 hours ago

$GSAT I'm going to be a nervous wreck until 12/12. Can we please just get some $WMT press releases in the meantime and sky rocket this monster!

User Image NinefingerMan Posted - 14 hours ago

$GSAT Strong as Fuck. If u know u know

User Image cgofgc Posted - 15 hours ago

$GSAT heard Jacobs caused quite a stir today at the conference...audience wasn't sure if he was alive or not...

User Image LilNappy666 Posted - 15 hours ago

$GSAT space is 🔥🔥🔥 x.com/spacecasetayl0r/status/1859240286083338263

User Image kellyfarrell Posted - 16 hours ago

$GSAT wonder if they are going to tie valuation to like structure of asts. would determine our share structure

User Image Tedwilliams09 Posted - 17 hours ago

$GSAT oh and OGHeide has no clew. A true speculative informational pumper

User Image Tedwilliams09 Posted - 17 hours ago

$GSAT best thing this company could do is get a new CEO along with a new CFO. If the conference call was an indicator, many people know that I know what I’m talking about and I have shares in this company, but want the price to go lower

User Image Tedwilliams09 Posted - 17 hours ago

$GSAT Great job on that speech today. Now more people probably standing in line to short this one. 1.70

User Image Minuteman_III Posted - 17 hours ago

$GSAT Speculation - in the developed world, the premium smartphone market is saturated. To sell more phones or services, might Apple want to offer basic smartphones and basic connectivity in underdeveloped / poorer countries with no or less infrastructure? Apple can afford to subsidize the phone or satellite plan. The network can be in space; cell towers aren’t ubiquitous in the Third World. https://www.macrumors.com/2024/11/19/iphone-se-4-expected-to-launch-in-march/

User Image RoundNumbers Posted - 17 hours ago

$GSAT let’s try 1.90 from here yeah?

Analyst Ratings
Morgan Stanley Equal-Weight May 3, 23
Craig-Hallum Buy Oct 31, 22
B. Riley Securities Buy Jun 21, 21
Morgan Stanley Underweight Jan 22, 21
Morgan Stanley Equal-Weight Jun 15, 20
Morgan Stanley Equal-Weight Apr 27, 20
Chardan Capital Neutral Aug 9, 18
Morgan Stanley Equal-Weight Apr 11, 18
Chardan Capital Buy Feb 24, 17
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Lynch James F Director Director Dec 29 Buy 1.9274 500,000 963,700 9,040,720 01/02/24
Ponder L Barbee IV General Counsel General Counsel Nov 07 Sell 1.36 188,300 256,088 2,086,956 11/08/23
Monroe James III Director Director Nov 07 Buy 1.36 188,300 256,088 6,304,090 11/08/23
Monroe James III Director Director Aug 29 Buy 1.13 4,197,399 4,743,061 4,197,399 08/31/23
JACOBS PAUL E Chief Executive Offi.. Chief Executive Officer Aug 29 Sell 1.1346 36,387,975 41,285,796 1 08/31/23
Taylor Timothy Evan VP, Finance & Operat.. VP, Finance & Operations Jun 21 Option 0.63 18,750 11,812 3,159,762 06/22/23
Monroe James III Director Director Jun 01 Buy 1.13 531,392 600,473 6,115,790 06/05/23
Monroe James III Director Director May 15 Buy 1.03 220,535 227,151 5,584,398 05/17/23
Monroe James III Director Director May 09 Buy 0.98 5,263,863 5,158,586 5,363,863 05/11/23
Taylor Timothy Evan Director Director Mar 15 Sell 1.06 790,000 837,400 12,253,649 03/23/23
Clary Rebecca VP & Chief Financial.. VP & Chief Financial Officer Mar 01 Sell 1.17 100,000 117,000 1,774,707 03/02/23
Taylor Timothy Evan Director Director Dec 08 Sell 1.61 790,000 1,271,900 13,043,649 12/12/22
Clary Rebecca VP & Chief Financial.. VP & Chief Financial Officer Dec 01 Sell 1.87 350,000 654,500 1,809,129 12/05/22
Taylor Timothy Evan Director Director Nov 07 Sell 1.93 3,666,351 7,076,057 13,833,649 11/09/22
Monroe James III Director Director Sep 15 Buy 1.8 200,000 360,000 200,000 09/16/22
Wolff Benjamin G Director Director Sep 12 Buy 1.8075 8,000 14,460 607,477 09/14/22
Kagan David B. Chief Executive Offi.. Chief Executive Officer Sep 12 Buy 1.78 25,000 44,500 3,333,270 09/14/22
Monroe James III Director Director Sep 12 Buy 1.8329 100,000 183,290 100,000 09/14/22
Ponder L Barbee IV General Counsel General Counsel Sep 12 Buy 1.8 14,000 25,200 1,626,418 09/14/22
COWAN KEITH O Director Director Sep 09 Buy 1.689 88,000 148,632 626,468 09/09/22