Globalstar (NASDAQ:GSAT) Trading Up 6% – Time to Buy?

Globalstar, Inc. (NASDAQ:GSAT) shares rose 6% on Friday . The stock traded as high as $62.45 and last traded at $61.37. Approximately 372,531 shares changed hands during trading, a decline of 40% from the average daily volume of 620,688 shares. The stock had previously closed at $57.88.

Globalstar News Roundup

Here are the key news stories impacting Globalstar this week:

• Positive Sentiment: Quarterly revenue beat and solid year‑over‑year growth (revenue up ~17.6%), which supports the view that the business is expanding even as profitability lags. Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates
• Positive Sentiment: Heavy intraday trading and established technical momentum (short‑term moving average above long‑term) suggest momentum buying from traders and momentum funds—supporting upwards price pressure. (Background market data)
• Neutral Sentiment: The company issued a formal Q4 and full‑year 2025 results release; investors can review management’s wording for color on trends and drivers. Globalstar Announces Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Q4 earnings call transcript is available for those hunting for management commentary on subscriber trends, ARPU, cost outlook and capital deployment. Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: The company recorded a guidance update for FY2026, but the public entry shows no clear numeric EPS figure; investors should watch for a clarified formal guidance release or details in the 10‑Q / call. (Guidance entry)
• Neutral Sentiment: Short‑interest data reported is anomalous (shows 0 shares), so it’s not providing meaningful near‑term signal; disregard until exchanges publish clean data.
• Negative Sentiment: Q4 EPS missed consensus (reported a loss per some reports), and the company still shows negative net margin and negative return on equity—profitability remains a material risk that could cap upside until earnings turn positive. Globalstar Announces Fourth Quarter and Full Year 2025 Results

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Globalstar in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft started coverage on Globalstar in a report on Tuesday, December 16th. They issued a “hold” rating and a $62.00 price target for the company. Finally, B. Riley Financial raised their price objective on shares of Globalstar from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $68.50.

Globalstar Stock Up 7.6%

The business has a 50-day moving average price of $61.52 and a 200-day moving average price of $51.18. The stock has a market cap of $7.90 billion, a PE ratio of -415.11 and a beta of 1.52. The company has a current ratio of 2.53, a quick ratio of 2.46 and a debt-to-equity ratio of 1.33.

Insider Activity

In related news, General Counsel L Barbee Iv Ponder sold 1,260 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $61.42, for a total value of $77,389.20. Following the transaction, the general counsel directly owned 135,568 shares of the company’s stock, valued at approximately $8,326,586.56. This trade represents a 0.92% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Paul E. Jacobs sold 845 shares of Globalstar stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $65.80, for a total value of $55,601.00. Following the completion of the sale, the chief executive officer owned 58,830 shares in the company, valued at approximately $3,871,014. The trade was a 1.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,685 shares of company stock worth $1,238,549 over the last 90 days. 61.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in Globalstar during the 1st quarter worth $99,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Globalstar in the second quarter worth about $343,000. Palogic Value Management L.P. acquired a new position in Globalstar during the second quarter worth about $1,178,000. Penserra Capital Management LLC grew its stake in Globalstar by 320.9% during the 2nd quarter. Penserra Capital Management LLC now owns 486,521 shares of the company’s stock valued at $11,456,000 after acquiring an additional 370,943 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Globalstar during the 2nd quarter valued at about $385,000. Hedge funds and other institutional investors own 18.89% of the company’s stock.

About Globalstar

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.