Key Details
Price
$1.52Annual ROE
-7.13%Beta
1.31Events Calendar
Next earnings date:
Feb 28, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 28, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Globalstar's partnership with Apple cements Globalstar as a leader in the sector. Band n53 is potentially worth $6-$13.8 billion, highlighting Globalstar's significant undervaluation compared to its current market cap. The IoT segment offers high-margin growth opportunities with minimal additional CapEx, supported by increasing demand for remote asset monitoring.
COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Intention to Voluntarily Delist from NYSE American and Transfer to Nasdaq Upon Completion of Reverse Stock Split.
Globalstar and Peiker Holding Gmbh team up to integrate satellite-based emergency services and telematics features into vehicles.
We have just put together a list of the 10 Best Penny Stocks to Invest in for 2025. In this article, we will examine how Globalstar, Inc. (NYSE:GSAT) compares to other penny stocks. The US stock market has been performing well, largely due to a strong surge in the technology sector.
At the Investor Day 2024 event, Globalstar shared a roadmap for its future growth by capitalizing on its core assets and provided updated financial outlook.
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, held an investor day on Thursday, December 12, 2024. The Company's executive leadership team outlined Globalstar's strategic priorities and vision for the future by optimizing value for its core assets and providing updates to its short and long-term financial outlook. Additionally, the Company hosted several custom.
Globalstar's Band 53 Spectrum offers reliability, extensive coverage and flexibility, ideal for fixed wireless, IoT, autonomous vehicles and enterprise operations.
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today a collaboration agreement with Hawk Networks. Hawk is transforming the way operators access wireless spectrum with a more efficient and flexible approach to utilizing Globalstar's versatile Band 53 spectrum. Globalstar's collaboration with Hawk Networks simplifies access to valuable licensed spectrum by bundling it with core network.
GSAT's first 5G call on Band n53 delivers unmatched speeds, setting new standards for secure, high-capacity connectivity in critical applications.
Globalstar's new deal with Apple is expected to increase its yearly revenue and enhance profit margins. I anticipate that the company will be listed on the Nasdaq in the first quarter of 2025, along with a reverse stock split, which should draw in more institutional investors. I believe there is significant potential in the IoT sector, which could utilize up to 15% of the new MSS network capacity for IoT uses in a fast-growing market.
FAQ
- What is the primary business of Globalstar?
- What is the ticker symbol for Globalstar?
- Does Globalstar pay dividends?
- What sector is Globalstar in?
- What industry is Globalstar in?
- What country is Globalstar based in?
- When did Globalstar go public?
- Is Globalstar in the S&P 500?
- Is Globalstar in the NASDAQ 100?
- Is Globalstar in the Dow Jones?
- When was Globalstar's last earnings report?
- When does Globalstar report earnings?
- Should I buy Globalstar stock now?