Globalstar (NASDAQ:GSAT) Trading 6% Higher – Here’s What Happened

Globalstar, Inc. (NASDAQ:GSAT)’s stock price shot up 6% during mid-day trading on Friday . The stock traded as high as $62.45 and last traded at $61.37. 372,531 shares traded hands during trading, a decline of 40% from the average session volume of 620,688 shares. The stock had previously closed at $57.88.

Key Stories Impacting Globalstar

Here are the key news stories impacting Globalstar this week:

• Positive Sentiment: Quarterly revenue beat and solid year‑over‑year growth (revenue up ~17.6%), which supports the view that the business is expanding even as profitability lags. Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates
• Positive Sentiment: Heavy intraday trading and established technical momentum (short‑term moving average above long‑term) suggest momentum buying from traders and momentum funds—supporting upwards price pressure. (Background market data)
• Neutral Sentiment: The company issued a formal Q4 and full‑year 2025 results release; investors can review management’s wording for color on trends and drivers. Globalstar Announces Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Q4 earnings call transcript is available for those hunting for management commentary on subscriber trends, ARPU, cost outlook and capital deployment. Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: The company recorded a guidance update for FY2026, but the public entry shows no clear numeric EPS figure; investors should watch for a clarified formal guidance release or details in the 10‑Q / call. (Guidance entry)
• Neutral Sentiment: Short‑interest data reported is anomalous (shows 0 shares), so it’s not providing meaningful near‑term signal; disregard until exchanges publish clean data.
• Negative Sentiment: Q4 EPS missed consensus (reported a loss per some reports), and the company still shows negative net margin and negative return on equity—profitability remains a material risk that could cap upside until earnings turn positive. Globalstar Announces Fourth Quarter and Full Year 2025 Results

Analyst Ratings Changes

GSAT has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Globalstar in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft started coverage on shares of Globalstar in a research report on Tuesday, December 16th. They set a “hold” rating and a $62.00 target price for the company. Finally, B. Riley Financial lifted their price target on shares of Globalstar from $60.00 to $75.00 and gave the company a “buy” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $68.50.

Globalstar Price Performance

The company has a current ratio of 2.53, a quick ratio of 2.46 and a debt-to-equity ratio of 1.33. The firm’s 50-day moving average price is $61.52 and its 200-day moving average price is $51.18. The stock has a market capitalization of $7.90 billion, a PE ratio of -415.11 and a beta of 1.52.

Insider Activity

In other Globalstar news, General Counsel L Barbee Iv Ponder sold 1,260 shares of Globalstar stock in a transaction on Monday, December 29th. The shares were sold at an average price of $61.42, for a total transaction of $77,389.20. Following the completion of the transaction, the general counsel directly owned 135,568 shares of the company’s stock, valued at $8,326,586.56. The trade was a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Paul E. Jacobs sold 845 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $65.80, for a total transaction of $55,601.00. Following the completion of the sale, the chief executive officer directly owned 58,830 shares in the company, valued at approximately $3,871,014. This represents a 1.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 20,685 shares of company stock valued at $1,238,549 in the last ninety days. Insiders own 61.00% of the company’s stock.

Hedge Funds Weigh In On Globalstar

A number of large investors have recently made changes to their positions in the company. Towarzystwo Funduszy Inwestycyjnych PZU SA purchased a new stake in Globalstar in the 4th quarter worth about $26,000. Meeder Asset Management Inc. purchased a new position in shares of Globalstar during the fourth quarter valued at approximately $27,000. US Bancorp DE grew its stake in shares of Globalstar by 610.7% during the third quarter. US Bancorp DE now owns 931 shares of the company’s stock valued at $34,000 after buying an additional 800 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of Globalstar in the third quarter worth approximately $37,000. Finally, Advisory Services Network LLC bought a new stake in shares of Globalstar during the 3rd quarter worth approximately $40,000. 18.89% of the stock is owned by hedge funds and other institutional investors.

About Globalstar

Globalstar, Inc is a leading provider of mobile satellite voice and data communications services. Through a network of low Earth orbit (LEO) satellites, the company delivers reliable satellite connectivity to users in remote or underserved regions where terrestrial networks are unavailable or unreliable. Its product portfolio includes satellite phones, two-way satellite data modems and Internet of Things (IoT) devices designed for tracking, monitoring and emergency notification.

Founded in 1991 as a joint venture between Loral and Qualcomm, Globalstar launched its first fleet of 48 satellites between 1998 and 2000.