Globalstar (GSAT) is positioned for strong growth with its XCON RAN launch, government contracts, and ongoing infrastructure expansion. GSAT reported solid Q3'25 results, driven by Wholesale Capacity Services, Commercial IoT, and robust Subscriber Equipment sales growth. Despite trading at a premium, I reiterate a Strong Buy rating for GSAT with a $69/share price target, citing future margin expansion and revenue growth.
Globalstar, Inc. ( GSAT ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Michael Crawford - B. Riley Securities, Inc., Research Division Gregory R.
Globalstar (GSAT) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago.
GSAT's third-quarter results arrive Nov. 6 as investors weigh strong IoT and defense traction against rising costs and a lofty valuation.
Globalstar's expanding IoT ecosystem, network upgrades and strategic partnerships may give it the edge over VSAT in the fast-evolving satellite communications race.
Growing global connectivity bodes well for the Zacks Satellite and Communication industry participants like SATS, GSAT and IRDM amid macro volatility.
Globalstar hits a fresh 52-week high as IoT gains, strategic tie-ups and infra upgrades fuel optimism despite valuation concerns.
GSAT teams up with Conekt.ai to integrate its Band 53 spectrum and XCOM RAN with the latter's orchestration platform for multi-network access.
Globalstar (GSAT) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
GSAT bets big on XCOM RAN, aiming to boost 5G capacity and expand into terrestrial wireless despite EBITDA pressure.
GSAT has surged 37% in three months, powered by strong Q2 results, new platforms and bold infrastructure upgrades.
I am upgrading Globalstar, Inc. to Strong Buy with a $55.48 price target, driven by new government & defense contracts worth over $60 million. GSAT is expanding its LEO satellite constellation, enhancing IoT and MSS offerings, and partnering with Parsons and the U.S. Army for mission-critical communications. Financially, GSAT posted strong Q2 2025 revenue growth, improved leverage, and is offsetting legacy service declines with IoT and government segment expansion.