GSAT gears up for Q4 results with $71.8M revenue view as IoT growth, wholesale gains and XCOM RAN investments shape outlook.
AMJ Financial Wealth Management acquired a new position in shares of Globalstar, Inc. (NASDAQ: GSAT) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,813 shares of the company's stock, valued at approximately $393,000. Other institutional investors also recently added to or reduced their
Globalstar has appreciated 104% since my initial Strong Buy; I now rate it a Buy for the medium term but remain long-term bullish. Recent milestones include warehouse automation, a Skydio drone partnership, and Boingo Wireless integration, all validating XCOM RAN's commercial traction. GSAT's IoT hardware sales surged 60% YoY in Q3 2025, signaling accelerating future high-margin subscription revenues.
Everyone wants SpaceX exposure. Problem is, you can't buy it.
Globalstar expands its C-3 network with new antennas in South Korea, boosting capacity and resilience as it reaffirms its 2025 revenue outlook.
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.