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Globalstar, Inc. Common Stock (GSAT)

Upturn stock ratingUpturn stock rating
$23.54
Last Close (24-hour delay)
Profit since last BUY7.98%
upturn advisory
Consider higher Upturn Star rating
BUY since 13 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

06/27/2025: GSAT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Year Target Price $52.5

Year Target Price $52.5

Analyst’s Price TargetsFor last 52 week
$52.5Target price
Low$15
Current$23.54
high$41.1

Analysis of Past Performance

Type Stock
Historic Profit -27.45%
Avg. Invested days 30
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.98B USD
Price to earnings Ratio -
1Y Target Price 52.5
Price to earnings Ratio -
1Y Target Price 52.5
Volume (30-day avg) 2
Beta 0.86
52 Weeks Range 15.00 - 41.10
Updated Date 06/30/2025
52 Weeks Range 15.00 - 41.10
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.62

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -26.51%
Operating Margin (TTM) -2.44%

Management Effectiveness

Return on Assets (TTM) 0.12%
Return on Equity (TTM) -18.66%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 3268985629
Price to Sales(TTM) 11.74
Enterprise Value 3268985629
Price to Sales(TTM) 11.74
Enterprise Value to Revenue 12.88
Enterprise Value to EBITDA 35.64
Shares Outstanding 126583000
Shares Floating 49602864
Shares Outstanding 126583000
Shares Floating 49602864
Percent Insiders 60.87
Percent Institutions 21.38

Analyst Ratings

Rating 2
Target Price 52.5
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Globalstar, Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Globalstar, Inc. was founded in 1991 and launched its satellite constellation in the late 1990s. It provides mobile satellite services (MSS) including voice, data, and location services. The company has faced financial challenges and restructuring over the years, but has been working to upgrade its network and expand its service offerings.

business area logo Core Business Areas

  • Commercial IoT: This segment provides solutions for tracking and monitoring assets using satellite connectivity. Focuses on areas like agriculture, logistics, and oil & gas.
  • SPOT Products: This includes personal tracking and safety devices, providing peace of mind to outdoor enthusiasts and lone workers.
  • Wholesale Satellite Capacity: Offers satellite capacity to other companies for various applications.
  • Engineering Services: Provides customized engineering services related to satellite communication solutions.

leadership logo Leadership and Structure

Jay Monroe III is the Executive Chairman. David Kagan is the CEO. The company operates with a functional organizational structure, with departments focused on sales, marketing, engineering, and operations.

Top Products and Market Share

overview logo Key Offerings

  • SPOT Devices: SPOT devices offer satellite-based GPS tracking and emergency communication, popular among outdoor enthusiasts. Market share is estimated to be between 30-40% in the personal safety segment of MSS. Competitors include Garmin (GRMN) and ACR Electronics.
  • Commercial IoT Solutions: Provides satellite connectivity for tracking and monitoring assets in various industries. Limited market share data available, but competes with Iridium (IRDM) and Orbcomm (ORBC) in the MSS IoT space.
  • Satellite Data: Provides satellite data for partners. This capacity helps to track, monitor and share data from remote locations. Iridium (IRDM) and Orbcomm (ORBC) and Inmarsat are competitor in this area.

Market Dynamics

industry overview logo Industry Overview

The Mobile Satellite Services (MSS) industry is growing, driven by increasing demand for connectivity in remote areas and for IoT applications. Key trends include the growth of narrowband IoT, the deployment of new satellite constellations, and the increasing use of satellite for emergency communications.

Positioning

Globalstar is positioned as a provider of affordable MSS solutions, focusing on personal safety and IoT applications. Its competitive advantages include its low-earth orbit (LEO) constellation and its partnerships with various service providers.

Total Addressable Market (TAM)

The TAM for MSS is estimated to be in the billions of dollars. Globalstar's is positioned to capture a portion of this through its focus on personal safety and IoT solutions. Analyst expectations are in the range of $5-10 billion by 2030 for overall MSS, with $1B being the current addressable market

Upturn SWOT Analysis

Strengths

  • LEO constellation providing lower latency
  • Affordable pricing compared to some competitors
  • Focus on personal safety and IoT applications
  • Strategic partnerships with key players
  • Strong brand recognition in the SPOT market

Weaknesses

  • History of financial instability
  • Limited satellite coverage compared to competitors
  • Dependence on partnerships for distribution
  • Relatively small market capitalization
  • High debt levels

Opportunities

  • Growing demand for satellite IoT connectivity
  • Expansion into new geographic markets
  • Development of new applications and services
  • Partnerships with 5G network operators
  • Increased demand for emergency communications solutions

Threats

  • Competition from larger MSS providers
  • Technological advancements in terrestrial networks
  • Regulatory changes affecting satellite communications
  • Economic downturn affecting consumer spending
  • Potential for satellite failures

Competitors and Market Share

competitor logo Key Competitors

  • IRDM
  • ORBC
  • GRMN

Competitive Landscape

Globalstar faces competition from larger MSS providers with more extensive satellite coverage. Its advantages include its focus on specific market segments, such as personal safety, and its LEO constellation.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been volatile due to financial challenges and network upgrades. Revenue has been steadily increasing in recent years.

Future Projections: Analysts project continued revenue growth driven by the expansion of IoT and the Apple partnership. Expected increase in revenue from the Apple partnership in 2024.

Recent Initiatives: Recent initiatives include the partnership with Apple for satellite-based emergency SOS and the development of new IoT solutions.

Summary

Globalstar is showing improved financial performance due to the Apple partnership and growth in its IoT sector, as the net losses have decreased and revenues have increased. It remains financially constrained due to debt levels but is strategically positioned for further growth. The lack of dividend payments might deter some investors, and risks include strong competition from established players and dependence on partnership contracts.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Analyst Reports
  • Industry Reports
  • Company Website
  • Press Releases

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise. Financial data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Globalstar, Inc. Common Stock

Exchange NASDAQ
Headquaters Covington, LA, United States
IPO Launch date 2006-11-02
CEO & Director Dr. Paul E. Jacobs Ph.D.
Sector Communication Services
Industry Telecom Services
Full time employees 389
Full time employees 389

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 data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, the company offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as 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; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves recreation and personal, government, oil and gas, maritime, construction, and transportation, as well as mining, leisure, emergency services, agriculture, and forestry markets. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.