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Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services, including voice and data communications services to retail, business, and governmental customers, as well as wholesale satellite capacity services. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is the owner of satellite assets. It has one reportable segment: the MSS business. The company generates the vast majority of its revenue within the United States.
Globalstar trades on the NASDAQ stock market under the symbol GSAT.
As of March 27, 2026, GSAT stock price climbed to $64.16 with 1,270,201 million shares trading.
GSAT has a beta of 1.19, meaning it tends to be more sensitive to market movements. GSAT has a correlation of 0.10 to the broad based SPY ETF.
GSAT has a market cap of $8.14 billion. This is considered a Mid Cap stock.
Last quarter Globalstar reported $72 million in Revenue and -$.11 earnings per share. This beat revenue expectation by $855,578 and missed earnings estimates by -$.12.
In the last 3 years, GSAT traded as high as $74.88 and as low as $12.81.
The top ETF exchange traded funds that GSAT belongs to (by Net Assets): VTI, IWM, VB, VBK, AVUV.
GSAT has outperformed the market in the last year with a price return of +178.4% while the SPY ETF gained +12.8%. GSAT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and +12.3%, respectively, while the SPY returned -7.9% and -4.5%, respectively.
GSAT support price is $57.46 and resistance is $63.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GSAT shares will trade within this expected range on the day.