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.
Globalstar begins expanding its Singapore ground station with new antennas to boost its C-3 mobile satellite network and global coverage.
Globalstar, Inc. (NASDAQ:GSAT ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Paul E. Jacobs - CEO & Director Rebecca S.
Globalstar (GSAT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.09 per share. This compares to a loss of $0.15 per share a year ago.
GSAT's pact with the U.S. Army and C-3 network expansion position it at the forefront of secure satellite innovation.
GSAT doubles its Alcazar Teleport footprint in Spain, boosting satellite network resilience across Europe.