GSATGlobalstar Inc. shows mixed signals. While it has some foundational strengths and a growing revenue base, it is currently experiencing significant losses and faces challenging technical indicators. The company operates in a niche but potentially growing satellite communication market.
Globalstar operates in the satellite services and IoT connectivity sectors, which are areas of growing technological importance. However, its specific market positioning and competitive landscape require careful consideration.
Globalstar exhibits a challenging financial profile, characterized by negative earnings and a significant debt load relative to its current profitability. While revenue has shown growth, the company is not yet profitable on an earnings basis.
The stock is currently trading below key moving averages and exhibiting bearish momentum indicators, suggesting a downward trend in the short to medium term. However, some short-term oscillators are showing oversold conditions.
| Factor | Score |
|---|---|
| Satellite Communications Growth | 70 |
| IoT Connectivity Expansion | 75 |
| Network Infrastructure Investment | 50 |
| Competitive Landscape | 60 |
| Regulatory and Spectrum Factors | 60 |
| Factor | Score |
|---|---|
| Valuation | 30 |
| Profitability | 10 |
| Growth | 55 |
| Balance Sheet Health | 30 |
| Cash Flow | 60 |
| Factor | Score |
|---|---|
| Trend Analysis | 30 |
| Momentum | 45 |
| Volume Confirmation | 60 |
| Support & Resistance | 70 |
| Short-term Oscillators | 65 |
Established Market Position
Globalstar, Inc. is a provider of mobile satellite services with operations in North America, Europe, Central and South America, and internationally. The company offers a range of voice and data products for remote business continuity, recreational use, safety, and emergency preparedness. It also provides commercial IoT solutions for asset tracking and monitoring, as well as consumer devices like SPOT X for emergency alerts and messaging. This diversified service offering and established global presence suggest a solid foundation.
Improving Cash Position and Debt Management
In Q4 2024, the company reported cash equivalents of $391,164,000. While debt has increased to $541,929,000, the free cash flow generated in the trailing twelve months (TTM) was $320,286,000, indicating a strong ability to service its debt obligations. The increase in cash from $56,744,000 in Q4 2023 to $391,164,000 in Q4 2024 is a significant positive development.
Persistent Net Losses
The company has consistently reported net losses, with a TTM net income of -$57,616,000 and annual net losses in 2022 (-$256,915,000) and 2023 (-$24,718,000). The net margin remains negative across most periods, indicating that despite revenue growth, the company is not yet profitable on a net basis.
High Valuation Multiples Relative to Earnings
The P/E ratio is negative or very high (e.g., -62.2 for 2024 annual), and the P/S ratio is relatively high (16.3 TTM, 15.7 for 2024). This suggests that investors are paying a premium for sales, and the company needs to significantly improve its profitability to justify these valuations.
August 2025
8
Next Earnings Date
H: $-0.09
A: $-0.09
L: $-0.09
H: 63.61M
A: 63.14M
L: 62.66M
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.
52.50 USD
The 39 analysts offering 1 year price forecasts for GSAT have a max estimate of 60.00 and a min estimate of 45.00.