Globalstar, Inc. (NASDAQ:GSAT) Receives Consensus Rating of “Hold” from Analysts

Posted by Francis Steltz on Jul 5th, 2026

Shares of Globalstar, Inc. (NASDAQ:GSAT – Get Free Report) have been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $69.00.

A number of research analysts have issued reports on the stock. Clear Str cut shares of Globalstar from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Zacks Research cut Globalstar from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings raised Globalstar from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, June 5th.

Get Our Latest Stock Analysis on GSAT

Insider Activity at Globalstar

In related news, CFO Rebecca Clary sold 920 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $81.75, for a total value of $75,210.00. Following the sale, the chief financial officer directly owned 120,278 shares of the company’s stock, valued at approximately $9,832,726.50. This represents a 0.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,023 shares of company stock valued at $727,886. 60.00% of the stock is owned by insiders.

Institutional Trading of Globalstar

Several large investors have recently modified their holdings of the business. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in shares of Globalstar during the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. acquired a new stake in Globalstar during the 4th quarter valued at $27,000. Optiver Holding B.V. purchased a new position in Globalstar during the first quarter worth $32,000. US Bancorp DE increased its position in Globalstar by 610.7% during the third quarter. US Bancorp DE now owns 931 shares of the company’s stock worth $34,000 after buying an additional 800 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Globalstar in the third quarter worth $40,000. 18.89% of the stock is currently owned by institutional investors and hedge funds.

Globalstar Price Performance

Shares of NASDAQ GSAT remained flat at $80.39 during trading on Friday. 1,219,432 shares of the company’s stock traded hands, compared to its average volume of 1,630,395. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.56 and a current ratio of 1.60. Globalstar has a 52 week low of $22.35 and a 52 week high of $84.69. The stock has a market cap of $10.35 billion, a P/E ratio of -535.93 and a beta of 1.55. The stock has a 50-day moving average price of $81.65 and a two-hundred day moving average price of $70.10.

Globalstar (NASDAQ:GSAT – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.14). Globalstar had a negative net margin of 6.84% and a negative return on equity of 3.75%. The company had revenue of $70.06 million during the quarter. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. On average, research analysts forecast that Globalstar will post -0.02 earnings per share for the current year.

Globalstar Company Profile

(Get Free Report)

Globalstar, Inc is a leading provider of mobile satellite voice and data communications services. Through a network of low Earth orbit (LEO) satellites, the company delivers reliable satellite connectivity to users in remote or underserved regions where terrestrial networks are unavailable or unreliable. Its product portfolio includes satellite phones, two-way satellite data modems and Internet of Things (IoT) devices designed for tracking, monitoring and emergency notification.

Founded in 1991 as a joint venture between Loral and Qualcomm, Globalstar launched its first fleet of 48 satellites between 1998 and 2000.