NYSEAMERICAN:GSAT - Globalstar Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $0.55
  • Forecasted Upside: -68.21 %
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.73
▼ -0.13 (-6.99%)

This chart shows the closing price for GSAT by one month, three months, or twelve months.

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Analyst Price Target for GSAT

Analyst Price Target is $0.55
▼ -68.21% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Globalstar in the last 3 months. The average price target is $0.55, with a high forecast of $0.55 and a low forecast of $0.55. The average price target represents a -68.21% upside from the last price of $1.73.

This chart shows the closing price for GSAT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 contributing investment analysts is to hold stock in Globalstar. This rating has held steady since June 2021, when it changed from a Sell consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
8/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
9/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/21/2021B. RileyInitiated CoverageBuy
1/22/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$0.55
6/15/2020Morgan StanleyLower Price TargetEqual Weight$0.56 ➝ $0.55
4/27/2020Morgan StanleyBoost Price TargetEqual Weight$0.53 ➝ $0.56
8/9/2018Chardan CapitalDowngradeBuy ➝ Neutral$2.50
4/11/2018Morgan StanleyInitiated CoverageEqual Weight$0.70
4/12/2017Chardan CapitalReiterated RatingBuy$2.50
3/28/2017Odeon Capital GroupReiterated RatingPositive
2/24/2017Chardan CapitalUpgradeNeutral ➝ Buy$2.50
12/28/2016Chardan CapitalReiterated RatingNeutral
11/24/2016AegisReiterated RatingBuy
(Data available from 9/16/2016 forward)

News Sentiment Rating

0.19 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
2/18/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/20/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/19/2021
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/19/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/18/2021
  • 1 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/18/2021
  • 0 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/17/2021
  • 2 very positive mentions
  • 46 positive mentions
  • 0 negative mentions
  • 3 very negative mentions
9/16/2021

Current Sentiment

  • 2 very positive mentions
  • 46 positive mentions
  • 0 negative mentions
  • 3 very negative mentions
Globalstar logo
Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to following markets: recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.
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Today's Range

Now: $1.73
Low: $1.67
High: $1.86

50 Day Range

MA: $0.34
Low: $0.31
High: $0.38

52 Week Range

Now: $1.73
Low: $0.29
High: $2.98

Volume

526,352 shs

Average Volume

39,033,504 shs

Market Capitalization

$3.10 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.02

Frequently Asked Questions

What sell-side analysts currently cover shares of Globalstar?

The following Wall Street sell-side analysts have issued stock ratings on Globalstar in the last twelve months: B. Riley, Morgan Stanley, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for GSAT.

What is the current price target for Globalstar?

1 Wall Street analysts have set twelve-month price targets for Globalstar in the last year. Their average twelve-month price target is $0.55, suggesting a possible downside of 70.4%. Morgan Stanley has the highest price target set, predicting GSAT will reach $0.55 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $0.55 for Globalstar in the next year.
View the latest price targets for GSAT.

What is the current consensus analyst rating for Globalstar?

Globalstar currently has 1 sell rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GSAT, but not buy more shares or sell existing shares.
View the latest ratings for GSAT.

What other companies compete with Globalstar?

How do I contact Globalstar's investor relations team?

Globalstar's physical mailing address is 300 Holiday Square Blvd, COVINGTON, LA 70433-6144, United States. The Wireless communications provider's listed phone number is (985) 335-1500 and its investor relations email address is [email protected] The official website for Globalstar is www.globalstar.com.