Ultime notizie per Globalstar (NASDAQ:GSAT) Azioni

Globalstar

Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. 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 an owner of satellite assets. It has one reportable segment: MSS business. The company generates the vast majority of its revenue within the United States.

Tokyo,,Japan,-,December,2,,2023,Disney,Logo,In,Flagship

News

Short Ideas

Pre-Market Outlook

Markets

Trading Ideas

CMCSA

GSAT

Indicatori tecnici e strategie di mercato: il momento giusto per agire su due titoli sotto la lente d&#39;ingrandimento.

Due titoli in ipercomprato: è il momento di vendere o di aspettare?

Long Ideas

Azioni sottovalutate nel settore tecnologico potrebbero rappresentare la chiave di volta per un trimestre ricco di guadagni.

Tecno-affari: 3 titoli che potrebbero far decollare il vostro portafoglio

Globalstar Inc

Globalstar Announces Construction Commencement Of Additional Gateway Infrastructure At Its Existing Ground Station In Bihoro, Japan

Globalstar Enters Cooperative R&D Agreement With US Army To Evaluate Performance Of Its Satellite Data Solutions for Dept. Of Defense

Globalstar's mobile satellite system maintained coverage across Spain and Portugal during recent power outage
Globalstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>), a next-generation telecommunications infrastructure and technology provider, today announces the execution of definitive agreements with Telecom Castilla-La Mancha, S.A. ("Telecom CLM") to expand the Alcazar Teleport in Castilla La Mancha, Spain, with additional ground station antennas and associated infrastructure. These further investments will support Globalstar's launch and operation of its previously announced third-generation mobile satellite services network, the C-3 System.
With today's announced expansion, Globalstar will effectively double the size of its existing footprint at the Alcazar Teleport by adding three new tracking antennas and supporting infrastructure. This upgrade strengthens the foundation of Globalstar's Low Earth Orbit (LEO) constellation and will support a wide range of next-generation mobile satellite services for hundreds of millions of people across Europe, meeting growing demand for resilient, uninterrupted connectivity.

Global

Globalstar And Telecom CLM Expand Alcazar Teleport In Spain With New Antennas To Support C-3 Satellite Network; Satellite System Maintained Coverage During Iberian Power Outage

WIIM

Globalstar shares are trading higher after the company announced it signed an agreement with SpaceX to provide satellite services for the launch of Falcon 9.

Globalstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) shares are trading higher Monday morning. The company earlier <a href="https://www.benzinga.com/pressreleases/25/07/b46273599/globalstar-signs-launch-services-agreement-with-spacex">announced</a> it has contracted with SpaceX to launch a new set of satellites aboard a Falcon 9 rocket.
What To Know: This move is a key step in the company&#8217;s plan to enhance its next-generation telecommunications infrastructure. The launch, slated for next year, follows an initial deployment scheduled for later this year.
The new satellites are part of a 2022 procurement agreement with manufacturer MDA and are designed to work in tandem with Globalstar&#8217;s existing second-generation constellation. The company stated these assets will bolster its capacity to deliver continuous and high-quality satellite services.
This operational development comes as GSAT&#8217;s stock has seen significant volatility. The company&#8217;s CEO, Dr. Paul Jacobs, hailed the SpaceX agreement as &#8220;another important milestone&#8221; in their strategic plan, emphasizing the long-term enhancement of service quality for their customers. 
The satellites, constructed by MDA and Rocket Lab, have received a 15-year operational authorization from the Federal Communications Commission under Globalstar&#8217;s HIBLEO-4 filing.
Benzinga Edge Rankings: Based on its Benzinga Edge rankings, Globalstar shows a stark contrast between its market momentum and underlying fundamentals. The stock earns a high Momentum score of 72.12, indicating its recent price performance has been very strong. However, its other metrics are weak. 
GSAT scores just 4.03 for Value and 11.80 for Growth, suggesting the stock is considered significantly overvalued and has poor growth characteristics. 
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, GSAT shares are trading higher by 3.89% to $25.89 Monday morning. The stock has a 52-week high of $26.40 and a 52-week low of $17.24.
Read Also: <a href="https://www.benzinga.com/pressreleases/25/06/b46177931/globalstar-kicks-off-global-expansion-with-the-first-c-3-tracking-antenna-supporting-its-new-const">Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station</a>
<h2 class="wp-block-heading">How To Buy GSAT Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Globalstar&#8217;s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

Globalstar (GSAT) Taps SpaceX For Satellite Launch: What's Going On?

Agreement provides for the launch of the remaining nine replacement satellites under construction by Macdonald, Dettwiler and Associates Corporation ("MDA")
Globalstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement with SpaceX for a Falcon 9 launch for the next set of satellites, pursuant to the 2022 satellite procurement agreement with MDA. As previously disclosed, these satellites will provide continuous satellite services in combination with the existing second-generation satellites in operation today. Globalstar expects the launch will take place next year following the initial launch this year. These satellites have been authorized by the Federal Communications Commission to operate under Globalstar's HIBLEO-4 filing for a renewed 15-year term.

Globalstar Signs Agreement With SpaceX For Falcon 9 Launch For Next Set Of Satellites, Pursuant To 2022 Satellite Procurement Agreement With MDA

Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe.
The latest milestone in this partnership includes a continued deployment with INFOCA, Andalusia's regional fire authority, and one of Europe's largest emergency response organizations. Through Technosylva's Wildfire Analyst&#x2122; and fiResponse&#x2122;platforms, powered in the field by Globalstar's SPOT satellite devices, firefighters gain real-time situational awareness, enhanced coordination, and life-saving connectivity even in the most remote and hazardous environments.
SPOT devices enable precise GPS tracking and emergency signaling, integrated directly into fiResponse. Firefighters can send instant location data with the touch of a button, supporting rapid dispatch of emergency teams – even in GSM-denied areas. These devices have been proven effective in live deployments across Spain, the U.S., Canada, and Latin America.
In Spain, INFOCA fast-tracked the deployment of SPOT Gen3 devices in 2020 during the COVID-19 pandemic to support first responder operations. By 2022, 550 devices had been deployed, while neighboring Castilla La Mancha has been using SPOT since 2015.

Globalstar Expands Wildfire Tech Partnership to Boost Emergency Response Across Europe and the Americas

As of June 10, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="ttps://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)</h3>
<ul class="wp-block-list">
<li>On June 10, Walt Disney and Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) finally resolved their years-long dispute over Hulu, with former agreeing to pay an additional sum to acquire Comcast&#8217;s remaining stake in the streaming platform. Disney announced it would pay Comcast $439 million to complete the acquisition of the remaining 33% stake in Hulu, reported The Hollywood Reporter. Disney CEO Bob Iger said, &#8220;Completing the Hulu acquisition paves the way for a deeper and more seamless integration of Hulu&#8217;s general entertainment content with Disney+ and, soon, with ESPN&#8217;s direct-to-consumer product, providing an unrivaled value proposition for consumers.&#8221; The company's stock jumped around 5% over the past month and has a 52-week high of $118.63.</li>
<li>RSI Value: 74.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>DIS Price Action: Shares of Disney gained 1.6% to close at $115.66 on Monday.</li>
<li>Edge Stock Ratings: 63.05 Momentum score with Value at 53.11. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/dis"><img loading="lazy" decoding="async" width="428" height="172" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10070935/image-138.png" alt="" class="wp-image-944523" style="width:311px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10070935/image-138.png 428w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10070935/image-138-300x121.png 300w" sizes="(max-width: 428px) 100vw, 428px" /></a></figure>
<h3 class="wp-block-heading">Globalstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>)</h3>
<ul class="wp-block-list">
<li>On May 8, Globalstar reported worse-than-expected first-quarter EPS and revenue. The company reaffirmed its FY2025 revenue guidance of $260–$285 million with a 50% EBITDA margin. CEO Paul Jacobs cited the launch of Globalstar&#8217;s two-way satellite IoT solution and leadership additions as steps toward growth in private wireless and wholesale capacity. The company's stock gained around 14% over the past five days and <a href="https://www.benzinga.com/quote/GSAT">has a 52-week high</a> of $23.63.</li>
<li>RSI Value: 71.2</li>
<li>GSAT Price Action: Shares of Globalstar gained 6.5% to close at $21.19 on Monday.</li>
</ul>
BZ Edge Rankings: Find out where other stocks stand—<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">explore the full comparison now</a>. 
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/45836136/5-stocks-in-the-spotlight-from-wall-streets-most-accurate-analysts-last-week-4">5 Stocks In The Spotlight From Wall Street&#8217;s Most Accurate Analysts Last Week</a> </li>
</ul>
Photo via Shutterstock

Top 2 Tech And Telecom Stocks You May Want To Dump In Q2

Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>), a next-generation telecommunications infrastructure and technology provider, announced that on Friday, May 30, 2025, the Federal Communications Space Bureau accepted Globalstar's C-3 System petition for filing and published it for comment.
Globalstar expresses its appreciation to the Commission for taking meaningful steps to advance the company's application to expand and evolve its Mobile Satellite Services network.

Globalstar Announces FCC Space Bureau Acceptance And Public Notice Of C-3 System Petition

Astronautics company, Intuitive Machines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>), unveiled plans for its Near Space Network Services (NSNS) program, highlighting a strategic pivot toward recurring, high-margin revenue from lunar orbit infrastructure.
What Happened: During its <a href="https://benzinga.com/25/05/45378821/intuitive-machines-q1-earnings-revenue-up-14-im-3-mission-remains-on-track-company-affirms-fy25-guidance">first quarter earnings</a> call on Tuesday, the company positioned its satellite-based relay and navigation network as a cornerstone of its long-term growth model.
&#8220;The Lunar Data Satellite constellation portion of NSNS is designed to provide secure and continuous connectivity for navigation, command, and control of spacecraft,&#8221; CEO Stephen Altemus says, adding that it will be used to serve a &#8220;wide array of customers while driving higher margin recurring revenue streams.&#8221;
See Also: <a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of &#8216;Compound Interest&#8217;</a>
Altemus says that its customers include NASA, from which it has already secured an $18 million task order under its Commercial Lunar Payload Services (CLPS) program. He also expects this infrastructure to be used by &#8220;future commercial customers operating on or around the Moon.&#8221;
The company&#8217;s CFO, Peter McGrath, said during the call that, &#8220;We're building the assets, they're capital assets that we own. And then we're going to be selling them as a service.&#8221; 
He then compared the NSNS business model to commercial satellite networks like Globalstar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) or Iridium Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>), citing its potential to generate stable, service-based revenue.
The company expects to launch its first NSNS data relay satellite alongside its IM-3 lunar delivery mission in the first half of 2026.
Why It Matters: Intuitive has been dubbed one of the <a href="https://benzinga.com/general/space/25/01/42828631/exclusive-rocket-lab-intuitive-machines-redwire-or-ast-spacemobile-33-of-readers-pick-this-space-stock-for-2025">leading space stocks</a> to watch as the industry scales new heights, as the company carves out a niche for itself in Lunar exploration, becoming a critical partner for NASA&#8217;s Artemis Program. 
During its <a href="https://benzinga.com/25/05/45378821/intuitive-machines-q1-earnings-revenue-up-14-im-3-mission-remains-on-track-company-affirms-fy25-guidance">first quarter results</a> on Tuesday, Intuitive reported $62.5 million in revenue, up 14% from the prior quarter, with $272.34 million in order backlog towards the end of the quarter. 
Price Action: The stock was up 22.42% on Tuesday, trading at $11.63 per share, and is up 2.75% after hours.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="137" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM-1024x137.png" alt="" class="wp-image-914660" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM-1024x137.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM-768x103.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14050902/Screenshot-2025-05-14-at-2.38.45-PM.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
For more insights on the stock's score, sign up for&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge</a>.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45400104/elon-musk-says-mohammed-bin-salman-and-trump-were-impressed-with-tesla-optimus-as-the-humanoid-robot-danced-to-ymca">Elon Musk Says Mohammed Bin Salman And Trump Were &#8216;Impressed&#8217; With Tesla Optimus As The Humanoid Robot Danced To &#8216;YMCA&#8217;</a></li>
</ul>
Image Via Shutterstock

Earnings

Equities

SPACE

IRDM

LUNR

Intuitive Machines Plans 'Higher-Margin Recurring Revenue Streams' By Putting Satellites Around The Moon—Scores $18 Million NASA Task Order

BAOS

CARG

CDLX

FENG

FUBO

GOGO

GOOG

GOOGL

GXAI

MGNI

NTES

PINS

RBLX

RDDT

ROKU

SNAP

SPHR

VEON

WIMI

Shares of companies within the broader communication services sector are trading higher amid overall market strength after the US and China agreed to a temporary reduction in most tariffs on each other's goods.

Globalstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) shares are trading lower by 13.1% to $17.55 during Friday&#8217;s session after the company reported <a href="https://www.benzinga.com/pressreleases/25/05/b45300132/globalstar-announces-first-quarter-2025-financial-results">worse-than-expected</a>&nbsp;first-quarter&nbsp;EPS and revenue.
What To Know: Globalstar reported a first-quarter 2025 net loss of 16 cents per share, wider than analyst estimates of a 2 cent loss. The $17.3 million loss also marked a slight year-over-year decline, despite a 6% revenue increase to $60 million, which missed forecasts by nearly 7%.
Service revenue grew 7% to $57.1 million, driven by wholesale capacity gains. However, 
Read Also: <a href="https://www.benzinga.com/news/25/05/45321369/kodak-kodk-stock-falls-16-after-disappointing-q1-earnings">Kodak Stock Falls 16% After Disappointing Q1 Earnings</a>
The company <a href="https://www.benzinga.com/pressreleases/25/05/b45300132/globalstar-announces-first-quarter-2025-financial-results">reaffirmed</a> its FY2025 revenue guidance of $260–$285 million with a 50% EBITDA margin. CEO Paul Jacobs cited the launch of Globalstar's two-way satellite IoT solution and leadership additions as steps toward growth in private wireless and wholesale capacity.
Operational highlights include opening a new satellite operations center and advancing next-gen satellite tech. Liquidity remains solid with $241 million in cash, despite heavy capex. 
The company says it continues to monitor global trade risks, particularly tariffs, but expects minimal direct impact.
Read Also: <a href="https://www.benzinga.com/news/25/05/45323142/tesla-stock-rises-friday-despite-product-setbacks-and-policy-risks">Tesla Stock Rises Friday Despite Product Setbacks And Policy Risks</a>
<h2 class="wp-block-heading">How To Buy GSAT Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Globalstar&#8217;s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, GSAT has a 52-week high of $23.63 and a 52-week low of $17.24.

Why Globalstar (GSAT) Stock Is Trading Lower

<h3>Gainers</h3>
<ul>
<li>Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) stock moved upwards by 43.9% to $10.89 during Friday's regular session. The company's market cap stands at $1.4 billion. The company's, Q1 earnings came out today. </li>
<li>Rumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) shares increased by 24.53% to $9.69. The market value of their outstanding shares is at $3.2 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Arena Group Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AREN#AMEX">AREN</a>) stock moved upwards by 20.48% to $7.41. The company's market cap stands at $352.4 million. </li>
<li>System1 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SST#NYSE">SST</a>) shares moved upwards by 19.39% to $0.49. The company's market cap stands at $36.1 million. The company's, Q1 earnings came out 3 days ago. </li>
<li>Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) shares moved upwards by 18.86% to $71.2. The company's market cap stands at $34.9 billion. The company's, Q1 earnings came out yesterday. </li>
<li>IZEA Worldwide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IZEA#NASDAQ">IZEA</a>) stock moved upwards by 14.67% to $2.31. The market value of their outstanding shares is at $39.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Super League Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLE#NASDAQ">SLE</a>) stock declined by 52.9% to $0.15 during Friday's regular session. The market value of their outstanding shares is at $2.5 million. </li>
<li>ZipRecruiter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIP#NYSE">ZIP</a>) shares decreased by 23.91% to $4.34. The market value of their outstanding shares is at $428.0 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) stock decreased by 12.93% to $17.58. The market value of their outstanding shares is at $2.2 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>9F (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFU#NASDAQ">JFU</a>) shares declined by 11.95% to $1.39. The company's market cap stands at $16.3 million. </li>
<li>Smart Digital Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDM#NASDAQ">SDM</a>) shares declined by 11.72% to $5.35. The company's market cap stands at $142.9 million. </li>
<li>E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) shares decreased by 10.43% to $2.32. The company's market cap stands at $203.1 million. As per the press release, Q1 earnings came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AREN

IZEA

Morgan Stanley Capital-Protected Notes Based on Value of S&P 500 Index

12 Communication Services Stocks Moving In Friday's Intraday Session

Globalstar shares are trading lower after the company reported worse-than-expected Q1 EPS and revenue.

Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) affirms FY2025 sales outlook from $260.00 million-$285.00 million to $260.00 million-$285.00 million.

Guidance

Globalstar Affirms FY2025 Sales Guidance of $260.00M-$285.00M

Globalstar (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#AMEX">GSAT</a>) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.02) by 700 percent. This is a 6.67 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $60.03 million which missed the analyst consensus estimate of $64.54 million by 6.99 percent. This is a 6.29 percent increase over sales of $56.48 million the same period last year.

Earnings Misses

Globalstar Q1 EPS $(0.16) Misses $(0.02) Estimate, Sales $60.03M Miss $64.54M Estimate

AAOI

ABCL

ABEV

ACIC

ACIW

ACMR

ACTG

AFRM

AKAM

AKBA

ALGM

ALIT

ALRM

ALXO

Amplify YieldShares Oil Hedged MLP Income ETF

AMLX

AMPX

AMTX

APPN

APYX

AQMS

ARGX

ARHS

ARKO

ARLO

ASPN

ASTH

Adtalem Global Education Inc. Common Stock

ATGE

ATHM

ATUS

AUTL

AVAH

AVPT

AXGN

BAER

BBDC

BIGC

BILL

BIRD

BlackSky Technology Inc. Class A Common Stock

BKSY

BLFS

BLND

CARS

CBLL

CBUS

CCEC

CCOI

CCRD

CDTX

CION

CLAR

CLFD

CLNE

CLSK

CMPS

CMRE

CODX

COIN

COLD

COLL

COMP

CRNX

CRON

CROX

CRVS

CTEV

CTKB

CTLP

CVRX

DAVE

DCGO

DCTH

DIOD

DKNG

Earnings Scheduled For May 8, 2025

Globalstar (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#AMEX">GSAT</a>) will release its quarterly earnings report on Thursday, 2025-05-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Globalstar to report an earnings per share (EPS) of $-0.07.
The announcement from Globalstar is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Earnings History Snapshot</h3>
During the last quarter, the company reported an EPS missed by $0.14, leading to a 0.14% increase in the share price on the subsequent day.
Here's a look at Globalstar's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.06</td>
<td>0</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.20</td>
<td>0</td>
<td>-0.15</td>
<td>-0.15</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>7.000000000000001%</td>
<td>-2.0%</td>
<td>-5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1746626510_0.png" alt="eps graph" />
<h3>Performance of Globalstar Shares</h3>
Shares of Globalstar were trading at $19.85 as of May 06. Over the last 52-week period, shares are up 11.13%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Globalstar</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Globalstar.
Globalstar has received a total of 3 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $43.33, the consensus suggests a potential 118.29% upside.
<h3>Analyzing Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of and Iridium Communications, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for Iridium Communications, with an average 1-year price target of $32.33, suggesting a potential 62.87% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for and Iridium Communications are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Globalstar</td>
<td>Buy</td>
<td>16.73%</td>
<td>$39.20M</td>
<td>-14.05%</td>
</tr>
<tr>
<td>Iridium Communications</td>
<td>Outperform</td>
<td>5.41%</td>
<td>$153.22M</td>
<td>5.55%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Globalstar ranks lower in Revenue Growth compared to its peer. It also has lower Gross Profit and Return on Equity.
<h3>Unveiling the Story Behind Globalstar</h3>
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. 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 an owner of satellite assets. It has one reportable segment: MSS business. The company generates the vast majority of its revenue within the United States.
<h3>Breaking Down Globalstar's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Globalstar's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 16.73%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -86.46%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Globalstar's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -14.05%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Globalstar's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -4.03%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Globalstar's debt-to-equity ratio is below the industry average at 1.51, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/GSAT/earnings">To track all earnings releases for Globalstar visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Globalstar

ABLV

ASTS

CPOP

DJTWW

FWONA

GIFT

KRKR

LUMN

NFLX

NIPG

SATS

SPOT

STBX

Telecom Argentina Stet - France Telecom S.A.

TRUE

TZOO

Shares of companies within the broader communication services sector are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Globalstar's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NYSE">GSAT</a>) short percent of float has risen 8.51% since its last report. The company recently reported that it has 3.04 million shares sold short, which is 6.12% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.55 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Globalstar Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743793273_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Globalstar has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Globalstar's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Globalstar's peer group average for short interest as a percentage of float is 6.96%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Looking Into Globalstar's Recent Short Interest

Press Releases

Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions

Globalstar and CERES TAG Partnership Support Livestock Industry Amid New World Screwworm Threat

Vicarious Surgical Announces Election of New Directors

Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station

Globalstar Signs Launch Services Agreement with SpaceX

Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region

Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing

Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation

Comments

Globalstar

Notizie

Ultime notizie per Globalstar (NASDAQ:GSAT) Azioni

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO