GSAT Chart
About

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 data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, the company offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as 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; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves recreation and personal, government, oil and gas, maritime, construction, and transportation, as well as mining, leisure, emergency services, agriculture, and forestry markets. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Telecom Services Market Cap 7.94B
Enterprise Value 7.94B Income -57.86M Sales 262.20M
Book/sh 2.88 Cash/sh 2.73 Dividend Yield —
Payout 0.00% Employees 389 IPO —
P/E — Forward P/E 350.11 PEG —
P/S 30.28 P/B 21.76 P/C —
EV/EBITDA 79.18 EV/Sales 30.27 Quick Ratio 2.35
Current Ratio 2.53 Debt/Eq 156.89 LT Debt/Eq —
EPS (ttm) -0.48 EPS next Y 0.18 EPS Growth —
Revenue Growth 2.10% Earnings 2026-02-27 ROA 0.43%
ROE -12.45% ROIC — Gross Margin 65.43%
Oper. Margin 13.91% Profit Margin -18.02% Shs Outstand 126.84M
Shs Float 49.73M Short Float 6.52% Short Ratio 4.59
Short Interest — 52W High 74.88 52W Low 17.24
Beta 1.43 Avg Volume 685.75K Volume 395.18K
Target Price $65.67 Recom Buy Prev Close $60.79
Price $62.59 Change 2.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$65.67
Mean price target
2. Current target
$62.82
Latest analyst target
3. DCF / Fair value
$-64.49
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$62.82
Low
$60.00
High
$75.00
Mean
$65.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-10 main B. Riley Securities Buy → Buy $75
2025-10-15 init Clear Street — → Buy $66
2025-02-28 main Craig-Hallum Buy → Buy $45
2025-02-26 main Morgan Stanley Equal-Weight → Equal-Weight $25
2025-02-19 main B. Riley Securities Buy → Buy $60
2024-11-04 main Craig-Hallum Buy → Buy $5
2023-05-03 up Morgan Stanley Underweight → Equal-Weight $1
2022-10-31 init Craig-Hallum — → Buy $5
2021-06-21 init B. Riley Securities — → Buy $3
2021-01-22 down Morgan Stanley Equal-Weight → Underweight $1
2020-06-15 main Morgan Stanley — → Equal-Weight $1
2020-04-27 main Morgan Stanley — → Equal-Weight $1
2018-08-09 down Chardan Capital Buy → Neutral —
2018-04-11 init Morgan Stanley — → Equal-Weight $1
2017-02-24 up Chardan Capital Neutral → Buy $3
2016-06-13 down Chardan Capital Buy → Neutral —
2013-10-25 init Chardan Capital — → Buy $2
2012-10-09 init Dominick & Dominick — → Neutral —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 845 55601.0 — Sale at price 65.80 per share. JACOBS PAUL E Chief Executive Officer — 2026-01-07 00:00:00 D
1 780 — — Stock Award(Grant) at price 0.00 per share. JACOBS PAUL E Chief Executive Officer — 2026-01-05 00:00:00 D
2 780 — — Stock Award(Grant) at price 0.00 per share. LYNCH JAMES F Director — 2026-01-05 00:00:00 D
3 780 — — Stock Award(Grant) at price 0.00 per share. COWAN KEITH O Director — 2026-01-05 00:00:00 D
4 780 — — Stock Award(Grant) at price 0.00 per share. HASLER WILLIAM A Director — 2026-01-05 00:00:00 D
5 780 — — Stock Award(Grant) at price 0.00 per share. WOLFF BENJAMIN G Director — 2026-01-05 00:00:00 D
6 780 — — Stock Award(Grant) at price 0.00 per share. MONROE JAMESIII Director and Beneficial Owner of more than 10% of a Class of Security — 2026-01-05 00:00:00 D
7 780 — — Stock Award(Grant) at price 0.00 per share. TAYLOR TIMOTHY EVAN Officer and Director — 2026-01-05 00:00:00 D
8 1260 77395.0 — Sale at price 61.42 per share. PONDER L BARBEE IV General Counsel — 2025-12-29 00:00:00 D
9 1260 77395.0 — Sale at price 61.42 per share. CLARY REBECCA S Chief Financial Officer — 2025-12-29 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-9.35M-2.29M-35.77M-10.93K
TaxRateForCalcs0.210.210.210.00
NormalizedEBITDA133.14M99.30M209.71M35.10M
TotalUnusualItems-44.54M-10.91M-170.33M-4.13M
TotalUnusualItemsExcludingGoodwill-44.54M-10.91M-170.33M-4.13M
NetIncomeFromContinuingOperationNetMinorityInterest-63.16M-24.72M-256.92M-112.62M
ReconciledDepreciation88.99M88.19M93.88M96.24M
ReconciledCostOfRevenue82.77M69.47M65.02M51.96M
EBITDA88.59M88.39M39.38M30.98M
EBIT-393.00K198.00K-54.50M-65.26M
NetInterestIncome-13.56M-14.61M-30.17M-43.54M
NormalizedIncome-27.98M-16.10M-122.36M-108.51M
NetIncomeFromContinuingAndDiscontinuedOperation-63.16M-24.72M-256.92M-112.62M
TotalExpenses250.74M223.61M203.01M189.56M
TotalOperatingIncomeAsReported-949.00K-165.00K-221.03M-65.50M
DilutedAverageShares125.88M122.33M120.06M117.68M
BasicAverageShares125.88M122.33M120.06M117.68M
DilutedEPS-0.59-0.30-2.10-0.90
BasicEPS-0.59-0.30-2.10-0.90
DilutedNIAvailtoComStockholders-73.80M-35.32M-258.25M-112.62M
NetIncomeCommonStockholders-73.80M-35.32M-258.25M-112.62M
PreferredStockDividends10.63M10.61M1.34M
NetIncome-63.16M-24.72M-256.92M-112.62M
NetIncomeIncludingNoncontrollingInterests-63.16M-24.72M-256.92M-112.62M
NetIncomeContinuousOperations-63.16M-24.72M-256.92M-112.62M
TaxProvision2.13M1.12M73.00K-299.00K
PretaxIncome-61.03M-23.59M-256.84M-112.92M
OtherIncomeExpense-47.07M-9.18M-172.17M-4.13M
OtherNonOperatingIncomeExpenses-2.53M1.73M-1.84M368.00K
SpecialIncomeCharges-27.93M-10.77M-163.74M2.86M
OtherSpecialCharges27.38M10.40M-2.79M-3.10M
WriteOff556.00K363.00K166.53M242.00K
ImpairmentOfCapitalAssets556.00K363.00K166.53M242.00K
GainOnSaleOfSecurity-16.61M-148.00K-6.59M-6.98M
NetNonOperatingInterestIncomeExpense-13.56M-14.61M-30.17M-43.54M
TotalOtherFinanceCost13.56M14.61M30.17M43.54M
OperatingIncome-393.00K198.00K-54.50M-65.26M
OperatingExpense167.97M154.14M137.99M137.59M
DepreciationAmortizationDepletionIncomeStatement88.99M88.19M93.88M96.24M
DepreciationAndAmortizationInIncomeStatement88.99M88.19M93.88M96.24M
Amortization978.00K8.41M12.01M
AmortizationOfIntangiblesIncomeStatement978.00K8.41M12.01M
DepreciationIncomeStatement87.21M85.47M84.22M
SellingGeneralAndAdministration78.98M65.95M44.10M41.36M
GeneralAndAdministrativeExpense78.98M65.95M44.10M41.36M
OtherGandA43.43M43.46M33.35M34.63M
SalariesAndWages35.55M22.49M10.75M6.73M
GrossProfit167.57M154.34M83.48M72.33M
CostOfRevenue82.77M69.47M65.02M51.96M
TotalRevenue250.35M223.81M148.50M124.30M
OperatingRevenue250.35M223.81M148.50M124.30M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber126.42M125.41M120.74M119.77M
ShareIssued126.42M125.41M120.74M119.77M
NetDebt120.26M303.56M159.61M223.63M
TotalDebt541.93M392.55M222.07M269.67M
TangibleBookValue243.08M287.73M284.36M334.44M
InvestedCapital870.30M739.28M506.46M603.36M
WorkingCapital306.09M-33.26M-115.83M7.31M
NetTangibleAssets243.08M287.73M284.36M334.44M
CapitalLeaseObligations30.51M32.25M30.38M31.74M
CommonStockEquity358.88M378.98M314.77M365.43M
TotalCapitalization835.71M704.68M446.89M603.36M
TotalEquityGrossMinorityInterest358.88M378.98M314.77M365.43M
StockholdersEquity358.88M378.98M314.77M365.43M
GainsLossesNotAffectingRetainedEarnings13.45M5.07M9.24M1.89M
OtherEquityAdjustments13.45M5.07M9.24M1.89M
RetainedEarnings-2.13B-2.06B-2.04B-1.78B
AdditionalPaidInCapital2.47B2.44B2.35B2.15B
CapitalStock13.00K13.00K181.00K180.00K
CommonStock13.00K13.00K181.00K180.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.35B545.33M423.70M448.68M
TotalNonCurrentLiabilitiesNetMinorityInterest1.21B369.42M226.62M387.11M
OtherNonCurrentLiabilities401.93M556.00K598.00K477.00K
DerivativeProductLiabilities0.00122.00K1.36M
EmployeeBenefits0.003.29M
TradeandOtherPayablesNonCurrent13.08M7.43M0.00
NonCurrentDeferredLiabilities288.88M3.54M63.20M112.35M
NonCurrentDeferredRevenue288.17M3.21M62.88M112.05M
NonCurrentDeferredTaxesLiabilities711.00K329.00K322.00K296.00K
LongTermDebtAndCapitalLeaseObligation503.08M354.94M159.75M267.17M
LongTermCapitalLeaseObligation26.26M29.24M27.64M29.24M
LongTermDebt476.82M325.70M132.12M237.93M
LongTermProvisions2.90M2.95M2.95M2.46M
CurrentLiabilities141.49M175.91M197.08M61.56M
OtherCurrentLiabilities59.82M
CurrentDeferredLiabilities61.20M53.68M74.64M25.93M
CurrentDeferredRevenue61.20M53.68M74.64M25.93M
CurrentDebtAndCapitalLeaseObligation38.85M37.60M62.32M2.50M
CurrentCapitalLeaseObligation4.25M3.00M2.75M2.50M
CurrentDebt34.60M34.60M59.58M
OtherCurrentBorrowings34.60M34.60M59.58M
PensionandOtherPostRetirementBenefitPlansCurrent5.20M4.31M4.97M4.69M
PayablesAndAccruedExpenses36.23M80.32M55.15M28.45M
CurrentAccruedExpenses23.31M72.25M47.69M17.71M
InterestPayable0.003.94M1.29M33.00K
Payables12.92M8.07M7.46M10.74M
DuetoRelatedPartiesCurrent394.00K459.00K326.00K444.00K
TotalTaxPayable7.55M5.59M3.29M4.05M
AccountsPayable4.98M2.03M3.84M6.25M
TotalAssets1.71B924.31M738.47M814.11M
TotalNonCurrentAssets1.26B781.63M657.23M745.23M
OtherNonCurrentAssets3.77M3.70M8.02M10.05M
NonCurrentPrepaidAssets312.34M12.44M27.57M0.00
NonCurrentDeferredAssets6.27M6.89M
NonCurrentAccountsReceivable10.18M7.88M122.50M
FinancialAssets108.80M1.29M
GoodwillAndOtherIntangibleAssets115.81M91.25M30.41M30.99M
OtherIntangibleAssets85.20M60.65M30.41M30.99M
Goodwill30.60M30.60M
NetPPE705.47M658.17M591.23M704.20M
AccumulatedDepreciation-1.03B-1.01B-947.40M-925.23M
GrossPPE1.73B1.67B1.54B1.63B
Leases2.18M2.15M2.08M2.09M
ConstructionInProgress387.10M257.12M124.55M54.52M
OtherProperties1.32B1.38B1.39B1.55B
MachineryFurnitureEquipment24.31M23.31M22.51M20.82M
LandAndImprovements3.22M2.68M1.68M1.15M
Properties0.000.000.000.00
CurrentAssets447.57M142.65M81.24M68.87M
OtherCurrentAssets18.71M22.58M13.57M19.56M
RestrictedCash0.000.00
PrepaidAssets19.56M
Inventory10.74M14.58M9.26M13.83M
InventoriesAdjustmentsAllowances-298.00K-86.00K
FinishedGoods7.25M11.12M
RawMaterials3.79M3.55M
Receivables26.95M48.74M26.33M21.18M
AccountsReceivable26.95M48.74M26.33M21.18M
AllowanceForDoubtfulAccountsReceivable-1.50M-2.31M-2.89M-2.96M
GrossAccountsReceivable28.46M51.05M29.22M24.14M
CashCashEquivalentsAndShortTermInvestments391.16M56.74M32.08M14.30M
CashAndCashEquivalents391.16M56.74M32.08M14.30M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow320.29M-92.46M23.85M86.74M
RepurchaseOfCapitalStock-181.00K
RepaymentOfDebt-269.53M-160.78M-6.34M-186.99M
IssuanceOfDebt259.37M307.25M0.002.57M
IssuanceOfCapitalStock177.97M0.00919.00K43.68M
CapitalExpenditure-118.91M-166.80M-39.95M-45.14M
InterestPaidSupplementalData15.67M13.51M0.005.53M
IncomeTaxPaidSupplementalData1.94M333.00K197.00K188.00K
EndCashPosition391.16M56.74M32.08M14.30M
BeginningCashPosition56.74M32.08M14.30M68.02M
EffectOfExchangeRateChanges-1.38M140.00K-22.00K-132.00K
ChangesInCash335.80M24.52M17.80M-53.59M
FinancingCashFlow157.18M125.79M-6.05M-140.28M
CashFlowFromContinuingFinancingActivities157.18M125.79M-6.05M-140.28M
NetOtherFinancingCharges-8.56M-626.00K461.00K
CashDividendsPaid-10.63M-11.94M0.000.00
PreferredStockDividendPaid-10.63M-11.94M0.000.00
NetCommonStockIssuance177.97M-181.00K919.00K43.68M
CommonStockPayments-181.00K
CommonStockIssuance177.97M0.00919.00K43.68M
NetIssuancePaymentsOfDebt-10.15M146.47M-6.34M-184.42M
NetShortTermDebtIssuance221.62M0.000.00-186.99M
ShortTermDebtPayments0.00-186.99M
ShortTermDebtIssuance221.62M0.000.00
NetLongTermDebtIssuance-231.78M146.47M-6.34M-184.42M
LongTermDebtPayments-269.53M-160.78M-6.34M-186.99M
LongTermDebtIssuance37.75M307.25M0.002.57M
InvestingCashFlow-260.57M-175.61M-39.95M-45.19M
CashFlowFromContinuingInvestingActivities-260.57M-175.61M-39.95M-45.19M
NetOtherInvestingChanges-131.68M-37.43M
InterestReceivedCFI-9.98M-8.81M0.00-395.00K
NetIntangiblesPurchaseAndSale-6.77M-1.10M-643.00K-38.83M
PurchaseOfIntangibles-6.77M-1.10M-643.00K-38.83M
NetPPEPurchaseAndSale-112.14M-165.71M-39.31M-5.96M
SaleOfPPE0.000.00350.00K
PurchaseOfPPE-112.14M-165.71M-39.31M-6.31M
CapitalExpenditureReported-8.81M0.00-395.00K
OperatingCashFlow439.19M74.34M63.80M131.88M
CashFlowFromContinuingOperatingActivities439.19M74.34M63.80M131.88M
ChangeInWorkingCapital332.79M-36.00M6.47M99.00M
ChangeInOtherWorkingCapital301.77M-38.59M23.14M107.30M
ChangeInOtherCurrentLiabilities3.56M-53.00K-2.56M-609.00K
ChangeInOtherCurrentAssets294.00K610.00K-183.00K82.00K
ChangeInPayablesAndAccruedExpense-1.44M-3.27M-11.49M-3.78M
ChangeInPayable-1.44M-3.27M-11.49M-3.78M
ChangeInAccountPayable-1.38M-3.41M-11.37M-3.65M
ChangeInPrepaidAssets-856.00K-3.23M952.00K-5.27M
ChangeInInventory2.80M-4.15M-2.38M-80.00K
ChangeInReceivables26.66M12.69M-1.01M1.36M
ChangesInAccountReceivables26.66M12.69M-1.01M1.36M
OtherNonCashItems14.37M19.16M205.78M39.24M
StockBasedCompensation35.55M22.49M10.75M6.73M
ProvisionandWriteOffofAssets1.09M936.00K
DepreciationAmortizationDepletion88.99M88.19M93.88M96.24M
DepreciationAndAmortization88.99M88.19M93.88M96.24M
Depreciation88.99M88.19M93.88M96.24M
OperatingGainsLosses30.67M5.22M3.83M3.30M
PensionAndEmployeeBenefitExpense1.50M0.00
GainLossOnInvestmentSecurities805.00K1.04M
NetForeignCurrencyExchangeGainLoss16.66M-4.97M6.62M6.39M
NetIncomeFromContinuingOperations-63.16M-24.72M-256.92M-112.62M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for GSAT
Date User Asset Broker Type Position Size Entry Price Patterns