Globalstar, Inc (GSAT) AI Stock Analysis
GSAT AI stock analysis summary
AI ResearchGlobalstar, Inc. (GSAT) provides mobile satellite voice, data, and IoT communications worldwide. The company expanded revenue from $124.3M in FY2021 to $273.0M in FY2025, reaching positive annual operating margin of 5.4%. However, the company remains unprofitable over the trailing twelve months with a net profit margin of -18.5%.
- Market cap
- $10.67B
- Revenue (TTM)
- $280.6M
- P/E
- — fwd 9.2x
- 1Y return
- 86.0% S&P 500 16.8%
- Avg. target
- $90.00 9.2% vs last close
Bull case
- Free cash flow expanded to $513.6M in FY2025, supported by $621.6M in operating cash flow.
- FY2026 consensus estimates project EPS to reach $0.49, representing 454.6% year-over-year earnings growth.
- The stock returned 86.0% over the past year, outpacing the 16.8% return of the S&P 500 benchmark.
Bear case
- Quarterly revenue fell 3.5% year-over-year in the latest quarter ended June 30, 2026.
- Valuation multiples remain elevated, with an EV-to-EBITDA of 117.8x versus the peer median of 10.0x.
- Trailing twelve-month net profit margin remained negative at -18.5%, with an EPS of -$0.48.
What Globalstar does
Globalstar, Inc. is a global provider of mobile satellite services. The company offers duplex two-way voice and data products for remote business continuity, safety, and emergency response. It also provides fixed satellite communications equipment for industrial, maritime, and residential sites. Core offerings include SPOT consumer products like satellite GPS messengers and SPOT Trace anti-theft tracking, alongside commercial Internet of Things solutions for asset tracking and monitoring. Through a strategic alliance with XCOM Labs, Globalstar pairs capacity-multiplying technology with its Band n53 spectrum for 5G deployments across multiple countries.
Growth and profitability
Globalstar delivered a 5-year revenue CAGR of 16.3% from FY2020 through FY2025. Annual sales rose from $124.3M in FY2021 to $273.0M in FY2025, while gross margin improved from 58.2% to 64.8%. Operating margin swung from -52.7% in FY2021 to 5.4% in FY2025, and net losses narrowed from -$112.6M to -$8.7M. Over the trailing twelve months ended June 30, 2026, revenue stood at $280.6M with an operating margin of -7.4% and an EPS of -$0.48. In the quarter ended June 30, 2026, revenue fell 3.5% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, Globalstar held $409.8M in cash and short-term investments against total debt of $411.8M, resulting in net debt of $2.0M. Total assets were $2.44B and shareholders' equity was $292.6M, with a current ratio of 1.55 and a debt-to-equity ratio of 1.41. In FY2025, operating cash flow reached $621.6M and free cash flow was $513.6M. Capital expenditures totaled $108.1M in FY2025, while dividends paid were $10.6M. Over the past 5 years, share count declined 28.0%.
Valuation and performance
At a share price of $82.38, Globalstar trades at an enterprise value of $10.69B and an EV-to-EBITDA multiple of 117.8x, compared to the median of its US-listed Communication Services peers of 10.0x. Its price-to-sales ratio of 38.0x also sits well above the peer median of 0.8x, while its forward P/E of 9.2x is below the peer median of 14.1x. Over the past year, GSAT gained 86.0%, outperforming the 16.8% return of the SPY benchmark. Over 5 years, the stock returned 259.0% compared to 83.0% for SPY.
What analysts expect
Wall Street coverage includes 1 Strong Buy and 2 Hold ratings. The mean price target is $90.00, implying a 9.2% upside from the last close of $82.38. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $289.4M and EPS of $0.49. For the next fiscal year, 2 analysts model revenue of $349.1M, representing 20.6% growth, and EPS of $0.25. The company beat EPS estimates in 1 of the last 4 quarters, and the next earnings date is November 5, 2026.
Key risks and what to watch
- EPS growth is projected to decline 50.0% in the fiscal year following FY2026 to $0.25.
- The company carries total debt of $411.8M against shareholders' equity of $292.6M, resulting in a debt-to-equity ratio of 1.41.
- Globalstar has beaten EPS estimates in only 1 of the last 4 reported quarters.
- High insider concentration of 59.4% leaves minority shareholders with limited voting influence.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this GSAT AI stock analysis
This page is an AI-written research summary of Globalstar, Inc (GSAT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: GSAT income statement, GSAT balance sheet, GSAT key metrics, GSAT analyst forecast, GSAT chart. See the GSAT stock overview for the latest quote and news.
GSAT AI stock analysis FAQ
What is Globalstar's revenue and profit status?
In FY2025, Globalstar generated $273.0M in revenue and recorded a net loss of -$8.7M. Over the trailing twelve months ended June 30, 2026, revenue stood at $280.6M with a net profit margin of -18.5%.
Does Globalstar pay a dividend?
Globalstar reported $10.6M in dividends paid during FY2025. Operating cash flow for that year was $621.6M, and capital expenditures were $108.1M.
What do analysts project for GSAT's next earnings report?
Globalstar's next earnings release is scheduled for November 5, 2026. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $289.4M and EPS of $0.49.
How does Globalstar's valuation compare to industry peers?
Globalstar trades at an EV-to-EBITDA of 117.8x and a price-to-sales ratio of 38.0x, both well above the US-listed Communication Services peer medians of 10.0x and 0.8x, respectively. However, its forward P/E of 9.2x sits below the peer median of 14.1x.