Globalstar, Inc. Common Stock (GSAT) is a publicly traded Communication Services sector company. As of May 21, 2026, GSAT trades at $81.73 with a market cap of $10.52B and a P/E ratio of -548.70. GSAT moved +0.78% today. Year to date, GSAT is +28.67%; over the trailing twelve months it is +330.10%. Its 52-week range spans $15.00 to $83.00. Analyst consensus is strong buy with an average price target of $80.50. Rallies surfaces GSAT's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Amazon Agrees $11.57 Billion Globalstar Acquisition for Spectrum Licences: Amazon has agreed to acquire Globalstar for $11.57 billion, gaining valuable spectrum licenses and device-to-device credentials through a deal expected to close in 2027. The acquisition targets Globalstar’s aging orbital infrastructure and existing IoT and government contracts but faces integration hurdles and Apple’s retention of 85% D2D capacity.
| Metric | Value |
|---|---|
| Price | $81.73 |
| Market Cap | $10.52B |
| P/E Ratio | -548.70 |
| EPS | $-0.15 |
| Dividend Yield | 0.00% |
| 52-Week High | $83.00 |
| 52-Week Low | $15.00 |
| Volume | 115 |
| Avg Volume | 0 |
| Revenue (TTM) | $272.99M |
| Net Income | $-8.65M |
| Gross Margin | 0.00% |
3 analysts cover GSAT: 0 strong buy, 3 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $80.50.