• Consensus Rating: Moderate Buy
  • Consensus Price Target: $4.38
  • Forecasted Upside: 239.53%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.29
▼ -0.01 (-0.77%)

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 $4.38
▲ +239.53% Upside 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 $4.38, with a high forecast of $7.79 and a low forecast of $0.97. The average price target represents a 239.53% upside from the last price of $1.29.

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 Moderate Buy

The current consensus among 2 contributing investment analysts is to moderate buy stock in Globalstar. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/5/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/3/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/4/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/29/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/29/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/28/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/4/2023Imperial CapitalInitiated CoverageOutperform$7.79
5/3/2023Morgan StanleyUpgradeUnderweight ➝ Equal Weight$1.75 ➝ $0.97
11/7/2022B. RileyBoost Target$3.25 ➝ $3.75
10/31/2022Craig HallumInitiated CoverageBuy$5.00
6/21/2021B. RileyInitiated CoverageBuy
1/22/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$0.55
6/15/2020Morgan StanleyLower TargetEqual Weight$0.56 ➝ $0.55
4/27/2020Morgan StanleyBoost TargetEqual Weight$0.53 ➝ $0.56
(Data available from 4/28/2019 forward)

News Sentiment Rating

0.15 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/31/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/30/2023
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/30/2023
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/29/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/28/2024
  • 2 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/29/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2024

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Globalstar logo
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.
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Today's Range

Now: $1.29
Low: $1.28
High: $1.31

50 Day Range

MA: $1.40
Low: $1.25
High: $1.74

52 Week Range

Now: $1.29

Volume

1,536,486 shs

Average Volume

3,026,324 shs

Market Capitalization

$2.43 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of Globalstar?

The following Wall Street sell-side analysts have issued research reports on Globalstar in the last twelve months: Imperial Capital, Morgan Stanley, and StockNews.com.
View the latest analyst ratings for GSAT.

What is the current price target for Globalstar?

2 Wall Street analysts have set twelve-month price targets for Globalstar in the last year. Their average twelve-month price target is $4.38, suggesting a possible upside of 239.5%. Imperial Capital has the highest price target set, predicting GSAT will reach $7.79 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $0.97 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 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
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 1351 Holiday Square Boulevard, Covington, LA 70433, United States. The company'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. Learn More about contacing Globalstar investor relations.