Communication Services -
Telecommunications Services - NASDAQ - US
$ 25.98
-1.1 %
$ 3.29 B
Market Cap
-45.11
P/E
1. INTRINSIC VALUE
Balance Sheet
Globalstar, Inc.
| Current Assets | 448 M |
| Cash & Short-Term Investments | 391 M |
| Receivables | 27 M |
| Other Current Assets | 29.5 M |
| Non-Current Assets | 1.26 B |
| Long-Term Investments | 0 |
| PP&E | 705 M |
| Other Non-Current Assets | 557 M |
| Current Liabilities | 141 M |
| Accounts Payable | 4.98 M |
| Short-Term Debt | 38.9 M |
| Other Current Liabilities | 97.7 M |
| Non-Current Liabilities | 1.21 B |
| Long-Term Debt | 529 M |
| Other Non-Current Liabilities | 681 M |
EFFICIENCY
Earnings Waterfall
Globalstar, Inc.
| Revenue | 250 M |
| Cost Of Revenue | 82.8 M |
| Gross Profit | 168 M |
| Operating Expenses | 169 M |
| Operating Income | -949 K |
| Other Expenses | 62.2 M |
| Net Income | -63.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Globalstar, Inc.
| Net Income | -63.2 M |
| Depreciation & Amortization | 89 M |
| Capital Expenditures | -119 M |
| Stock-Based Compensation | 35.5 M |
| Change in Working Capital | 333 M |
| Others | 350 M |
| Free Cash Flow | 320 M |
Wall Street Analysts Price Targets
Globalstar, Inc.
Wall Street analysts predict an average 1-year price target for GSAT of $45 , with forecasts ranging from
a
low of
$45 to a high of $45 .
GSAT Lowest Price Target
Wall Street Target
45 USD
73.21%
GSAT Average Price Target
Wall Street Target
45 USD
73.21%
GSAT Highest Price Target
Wall Street Target
45 USD
73.21%
4. DIVIDEND
ANALYSIS
GSAT does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Globalstar, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
6.1 M USD 4
6-9 MONTHS
8.2 M USD 5
9-12 MONTHS
1.04 M USD 2
Bought
2.33 M USD 1
0-3 MONTHS
7.44 M USD 1
3-6 MONTHS
12 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction commencement of additional gateway infrastructure at its existing ground station in Bihoro, Japan. This strategic expansion begins the rapid growth of Globalstar's mobile satellite services throughout Asia, including additional infrastructure in multiple locations required to support its third-generation C-3 mobile satellite system.
businesswire.com
- 1 week ago
Globalstar Aids U.S. Army to Power the Future of Tactical Communications
GSAT's pact with the U.S. Army and C-3 network expansion position it at the forefront of secure satellite innovation.
zacks.com
- 2 weeks ago
Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces a Cooperative Research and Development Agreement (CRADA) with the United States Army. Under the agreement, Globalstar will collaborate with Army research and development teams to evaluate the performance of its advanced satellite data solutions for the Department of Defense including low probability of intercept/low probability of detect (LPI/LPD) co.
businesswire.com
- 2 weeks ago
Globalstar & Telecom CLM to Expand Alcazar Teleport for C-3 System
GSAT doubles its Alcazar Teleport footprint in Spain, boosting satellite network resilience across Europe.
zacks.com
- 2 weeks ago
Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region
MADRID--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the execution of definitive agreements with Telecom Castilla-La Mancha, S.A. (“Telecom CLM”) to expand the Alcazar Teleport in Castilla La Mancha, Spain, with additional ground station antennas and associated infrastructure. These further investments will support Globalstar's launch and operation of its previously announced third-generation mobil.
businesswire.com
- 2 weeks ago
Globalstar Signs Launch Services Agreement with SpaceX
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement with SpaceX for a Falcon 9 launch for the next set of satellites, pursuant to the 2022 satellite procurement agreement with MDA. As previously disclosed, these satellites will provide continuous satellite services in combination with the existing second-generation satellites in operation today. Glo.
businesswire.com
- 3 weeks ago
Globalstar Expands Satellite Reach With First C-3 Tracking Antenna
GSAT's first C-3 tracking antenna, Clifton-8, signals the start of a sweeping global satellite network upgrade.
zacks.com
- 4 weeks ago
Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful installation of Clifton-8, the first 6-meter tracking antenna dedicated to its upcoming C-3 mobile satellite system, officially kicking off a sweeping global expansion of Globalstar's ground infrastructure related to the new Extended MSS Network. The inaugural installation at the Company's largest and longest-operating grou.
businesswire.com
- 4 weeks ago
Globalstar and CERES TAG Partnership Support Livestock Industry Amid New World Screwworm Threat
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces its continued partnership of delivering critical global connectivity for the agricultural technology solutions developed by CERES TAG, the world's leading animal health intelligence platform, as it prepares its readiness in the event of an outbreak of the New World Screwworm. As the livestock industry in Mexico grapples with the recent outbreak of th.
businesswire.com
- 1 month ago
Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions
DUBLIN--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe. The latest milestone in this partnership includes.
businesswire.com
- 1 month ago
The Federal Communications Commission (FCC) Space Bureau Accepts for Filing Globalstar's C-3 Petition for Advancing Mobile Satellite Services Network Expansion
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announced that on Friday, May 30, 2025, the Federal Communications Space Bureau accepted Globalstar's C-3 System petition for filing and published it for comment. Globalstar expresses its appreciation to the Commission for taking meaningful steps to advance the company's application to expand and evolve its Mobile Satellite Services network. About Globalstar,.
businesswire.com
- 1 month ago
Elon Musk's Starlink is battling Globalstar to rule the skies. Here's the likely winner.
Apple partners with a former CEO of Qualcomm, while T-Mobile joins forces with the CEO of Tesla and SpaceX.
marketwatch.com
- 2 months ago
8. Profile
Summary
Globalstar, Inc. GSAT
COUNTRY
US
INDUSTRY
Telecommunications Services
MARKET CAP
$ 3.29 B
Dividend Yield
0.10%
Description
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.
Contact
1351 Holiday Square Boulevard, Covington, LA, 70433
https://www.globalstar.com
IPO
Date
Nov. 2, 2006
Employees
389
Officers
Mr. James Monroe III
Executive Chairman
Mr. Wen Doong
Senior Vice President of Engineering & Operations
Mr. Jake Rembert
Vice President of Sales - United States, Africa and Central & South America
Dr. Paul E. Jacobs Ph.D.
Chief Executive Officer & Director
Mr. Matthew S. Grob
Chief Technology Officer
Mr. Timothy Evan Taylor
Vice President of Finance, Business Operations & Strategy and Director
Ms. Rebecca S. Clary CPA
Vice President & Chief Financial Officer
Mr. Peter Black
Chief Scientist
Mr. L. Barbee Ponder IV
General Counsel & Vice President of Regulatory Affairs
Mr. Kyle Pickens CFA
Vice President of Strategy & Communications