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USCommunication Services

Globalstar, Inc. Common Stock (GSAT)

US · Communication Services · Telecom Services

$82.52+0.76%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$64.8M
Revenue YoY
-3.5%
Net profit
$-29.2M
Profit YoY
-251.9%
EPS
$-0.23
EPS estimate
$-0.09
Net margin
-45.1%

EPS came in at -0.23 against a street estimate of -0.09 — a miss of 155.6%.

Key statistics

Market cap
$10.62B
Forward P/E
9.2
P/B
36.17
Book value
$2.26
EPS (TTM)
$-0.48
52-week high
$84.85
52-week low
$29.64
50-day MA
$81.36
200-day MA
$72.40
Beta
1.50

Analyst view

Analysts rate Globalstar, Inc. Common Stock a buy (2 buy, 1 hold, 0 sell out of 3) with an average price target of $90.00.

Shareholding

Insiders
59.44%
Institutions
27.25%

Largest institutional holders

FundStake
BlackRock Inc3.09%
Vanguard Portfolio Management, LLC1.86%
Vanguard Capital Management, LLC1.76%
NORGES BANK1.61%
State Street Corp1.19%
Geode Capital Management, LLC1.12%
Beck, Mack & Oliver LLC0.86%
Millennium Management LLC0.80%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
GLOBALSTAR, INC. – FORM 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Revenue Q2 2026: $64.8 million (down 3.5% vs. Q2 2025: $67.1 million) • Serv
2026-08-06
Results announced · Q3 2026
GLOBALSTAR Q2 2026 FINANCIAL RESULTS SUMMARY HEADLINE NUMBERS • Q2 2026 total revenue: $64.8 million (service revenue $60.0 million + equipment sale
2026-08-06
Shareholder vote results · Q2 2026
GLOBALSTAR, INC. – FORM 8-K SUMMARY Filed: May 14, 2026 --- HEADLINE NUMBERS • 128,591,126 shares of common stock outstanding as of record date (Ma
2026-05-15
Quarterly report · Q1 2026
GLOBALSTAR, INC. – Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total Revenue: $70.1 million (Q1 2026) vs. $60.0 million (Q1 2025) — +16.8% year-over
2026-05-07
Results announced · Q2 2026
GLOBALSTAR Q1 2026 FINANCIAL RESULTS SUMMARY HEADLINE NUMBERS • Total Revenue: $70.1 million – up 17% year-over-year from $60.0 million in Q1 2025 •
2026-05-07
Material agreement · Q2 2026
GLOBALSTAR, INC. – FORM 8-K SUMMARY Merger Agreement with Amazon.com, Inc. --- HEADLINE NUMBERS • Merger Price: $90.00 per share in cash OR Amazon
2026-04-14
Proxy statement · Q2 2026
GLOBALSTAR, INC. – PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect James F. Lynch and Timothy E. Taylor as Class B Direc
2026-04-02
Annual report FY2025
GLOBALSTAR, INC. – 2025 FORM 10-K SUMMARY HEADLINE NUMBERS • Market capitalization as of June 30, 2025: ~$1.1 billion (non-affiliate holdings) • Out
2026-02-27

Readable in the app.

Corporate actions

ActionDetailDate
Split1 : 15
effective Feb 11, 2025
2025-02-11

Deals & corporate news

AnnouncementDate
Agreed to be acquired by Amazon in merger transaction
Globalstar, Inc. has agreed to be acquired by Amazon in an all-cash merger deal announced April 13, 2026. Under the two-step merger structure, Amazon's subsidiaries will merge with Globalsta
2026-04-14

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Data updated 2026-09-18.