Globalstar, Inc.

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About GSAT

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. 

CEO
Paul E. Jacobs
CEOPaul E. Jacobs
Employees
477
Employees477
Headquarters
Covington, Louisiana
HeadquartersCovington, Louisiana
Founded
2003
Founded2003
Employees
477
Employees477

GSAT Key Statistics

Market cap
8.82B
Market cap8.82B
Price-Earnings ratio
-447.91
Price-Earnings ratio-447.91
Dividend yield
Dividend yield
Average volume
1.21M
Average volume1.21M
High today
$81.00
High today$81.00
Low today
$75.67
Low today$75.67
Open price
$67.90
Open price$67.90
Volume
250.10K
Volume250.10K
52 Week high
$81.00
52 Week high$81.00
52 Week low
$17.24
52 Week low$17.24

Stock Snapshot

Globalstar, Inc.(GSAT) stock is priced at $76.60, giving the company a market capitalization of 8.82B. It carries a P/E multiple of -447.91.

On 2026-04-02, Globalstar, Inc.(GSAT) stock traded between a low of $75.67 and a high of $81.00. Shares are currently priced at $76.60, which is +1.2% above the low and -5.4% below the high.

Globalstar, Inc.(GSAT) shares are trading with a volume of 250.1K, against a daily average of 1.21M.

In the last year, Globalstar, Inc.(GSAT) shares hit a 52-week high of $81.00 and a 52-week low of $17.24.

In the last year, Globalstar, Inc.(GSAT) shares hit a 52-week high of $81.00 and a 52-week low of $17.24.

GSAT News

Investor's Business Daily 8m
Globalstar Stock Jumps After Report Amazon Is In Talks To Acquire Satellite Firm

Technology Globalstar Stock Jumps After Report Amazon Is In Talks To Acquire Satellite Firm Licensing Amazon (AMZN) is reportedly in talks to acquire satellite...

Globalstar Stock Jumps After Report Amazon Is In Talks To Acquire Satellite Firm
TipRanks 1h
Clear Street keeps price target on Globalstar after FT report

Clear Street keeps a Buy rating on Globalstar (GSAT) with a $71 price target after the Financial Times reported that Amazon (AMZN) is in discussions to acquire...

Benzinga 4h
Why Globalstar Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

The Financial Times reported Wednesday that the companies were still negotiating some of the deal’s complexities after lengthy talks Globalstar shares jumped 1...

Why Globalstar Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

More GSAT News

Seeking Alpha 8h
Globalstar rallies 15% as report signals Amazon deal talks

Globalstar's (GSAT) stock price surged roughly 15% during after-hours trading on Wednesday to $79.06 after FT.com reported that Amazon (AMZN) was weighing an ac...

Globalstar rallies 15% as report signals Amazon deal talks
TipRanks 8h
Amazon Weighs $9B Globalstar Takeover to Compete with SpaceX

Amazon (AMZN) is in talks to buy satellite communications firm Globalstar (GSAT) for about $9 billion to compete with Elon Musk’s SpaceX. The news, first report...

Benzinga 11h
Globalstar Stock Pops More Than 15% After Report Claims Amazon In Talks To Acquire Apple-Backed Satellite Communications Company

Amazon Deal Talks Lift Globalstar Shares Amazon Pushes Harder Into Satellite Race A deal with Globalstar could strengthen Amazon's low-Earth-orbit satellite i...

Globalstar Stock Pops More Than 15% After Report Claims Amazon In Talks To Acquire Apple-Backed Satellite Communications Company
TipRanks 14h
Closing Bell Movers: Globalstar spikes on acquisition report

Relief rally discounting de-escalation in the Middle East continued on Wednesday, with investors sending the Nasdaq Composite up 1.2% and S&P 500 up 0.7 in the...

TipRanks 14h
Amazon in discussions to acquire satellite group Globalstar, FT reports

Amazon (AMZN) is in discussions to acquire satellite telecommunications company Globalstar (GSAT) in a deal that would bolster the ecommerce giant’s efforts to...

Benzinga 19h
Globalstar Stock Jumps After SpaceX Files Confidentially For Record IPO

Globalstar shares are climbing with conviction. Why are GSAT shares rallying? SpaceX Filing Lifts Sentiment Across Satellite And Space Infrastructure Names The...

Globalstar Stock Jumps After SpaceX Files Confidentially For Record IPO

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