GSAT Stock Recent News

GSAT has surged 37% in three months, powered by strong Q2 results, new platforms and bold infrastructure upgrades.

Globalstar (GSAT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

I am upgrading Globalstar, Inc. to Strong Buy with a $55.48 price target, driven by new government & defense contracts worth over $60 million. GSAT is expanding its LEO satellite constellation, enhancing IoT and MSS offerings, and partnering with Parsons and the U.S. Army for mission-critical communications. Financially, GSAT posted strong Q2 2025 revenue growth, improved leverage, and is offsetting legacy service declines with IoT and government segment expansion.

Does Globalstar (GSAT) have what it takes to be a top stock pick for momentum investors? Let's find out.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced significant momentum in the government market through multiple recent contract awards and strategic partnerships. Leveraging its Low Earth Orbit (LEO) satellite constellation, licensed spectrum assets, and advanced networking technologies, Globalstar is delivering mission-critical communications solutions for def.

Globalstar begins expanding its Singapore ground station with new antennas to boost its C-3 mobile satellite network and global coverage.

Globalstar, Inc. (NASDAQ:GSAT ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Paul E. Jacobs - CEO & Director Rebecca S.

Globalstar (GSAT) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.09 per share. This compares to a loss of $0.15 per share a year ago.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming investor conferences: Morgan Stanley Media & Communications Corporate Access Day Date: Tuesday, August 12, 2025 Location: New York, NY Format: One-on-one or Group Meetings TD Securities Technology Growth Capital Summit Date: Thu.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Parsons Corporation, a global leader in national security and critical infrastructure solutions, (NYSE: PSN) today announced a significant step toward commercial availability of a joint solution that integrates Globalstar's Low Earth Orbit (LEO) satellite capabilities with Parsons' advanced software-defined communication technologies. This collaborative ef.