Reasons to Consider Globalstar (GSAT) as a Strong Momentum Stock: Is It Time to Buy?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 01 2025
0mins
Should l Buy GSAT?
Source: NASDAQ.COM
Momentum Investing Overview
- Concept of Momentum Investing: This strategy involves buying stocks that are trending upwards, with the hope of selling them at even higher prices. The core idea is that once a stock establishes a trend, it is likely to continue in that direction, leading to profitable trades.
- Challenges in Defining Momentum: While momentum is a widely recognized characteristic, defining it can be complex. The Zacks Momentum Style Score helps clarify which metrics to focus on for evaluating momentum.
Globalstar (GSAT) Analysis
- Current Momentum Style Score: Globalstar has a Momentum Style Score of B, indicating strong potential for momentum investing.
- Zacks Rank: The company holds a Zacks Rank of #1 (Strong Buy), suggesting it is expected to outperform the market. Historical data shows that stocks with this ranking and a Style Score of A or B tend to perform well over the following month.
Performance Metrics
- Short-term Price Activity: GSAT shares have increased by 12.1% over the past week, significantly outperforming the Zacks Satellite and Communication industry, which rose by only 0.73%.
- Long-term Performance: Over the last three months, GSAT shares have surged by 50.4%, and they are up 59.71% over the past year, while the S&P 500 has only increased by 9.68% and 16.9%, respectively.
Trading Volume and Earnings Estimates
- Average Trading Volume: GSAT's average trading volume over the last 20 days is 754,674 shares, which is a positive indicator for momentum.
- Earnings Estimate Revisions: In the past two months, one earnings estimate for GSAT has increased, while none have decreased, raising the consensus estimate from -$0.35 to -$0.08. For the next fiscal year, one estimate has also moved upwards with no downward revisions.
Future Outlook
- Investment Recommendation: Given its strong performance metrics and positive earnings revisions, GSAT is recommended as a strong buy for investors looking for momentum stocks.
- Potential for Growth: Analysts predict significant revenue growth for Globalstar, particularly as the satellite communications industry is expected to expand, with projections of it becoming a trillion-dollar market by 2025.
Additional Insights
- Zacks Investment Research Recommendations: The article mentions a selection of five stocks with high potential for significant gains, highlighting a lesser-known satellite communications firm as a top pick, which could outperform previous successful stocks.
This analysis emphasizes Globalstar's strong momentum characteristics and potential for future growth, making it a noteworthy consideration for investors.
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Analyst Views on GSAT
Wall Street analysts forecast GSAT stock price to fall
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 82.080
Low
60.00
Averages
67.00
High
75.00
Current: 82.080
Low
60.00
Averages
67.00
High
75.00
About GSAT
Globalstar, Inc. is a global telecommunications provider. The Company provides mobile satellite services, including voice and data communications services to retail, business and governmental customers, as well as wholesale satellite capacity services. It also offers these services over its network of in-orbit satellites and ground stations. Its low earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, it delivers satellite and terrestrial connectivity solutions. Its comprehensive connectivity ecosystem includes a software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RAN and trusted GPS messengers Saved by SPOT for safety and personal communication for business and enterprise applications. The Company serves business, enterprise, and consumer markets across the globe. It supports applications that track and protect assets, enable automation, enhance operational efficiency, and safeguard lives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Launch Delay: Globalstar's planned May 17 launch of HIBLEO-4 replenishment satellites with SpaceX has been postponed to allow more time for teams to prepare the satellites, indicating the company's commitment to ensuring a successful launch.
- Network Resilience Focus: The mission remains centered on replenishing Globalstar's existing low Earth orbit constellation to support continued network resilience and service reliability, reflecting the company's ongoing efforts to enhance service quality and customer satisfaction.
- Global Telecommunications Provider: As a global telecommunications provider, Globalstar delivers reliable satellite and terrestrial connectivity solutions through its industry-leading low Earth orbit satellite constellation and licensed Band 53 spectrum, aiming to empower customers worldwide to connect and communicate effectively, driving business growth.
- Innovation and Efficiency: The company is dedicated to supporting business, enterprise, and consumer markets globally through its software-defined private wireless network platform and GPS communication tools, enhancing asset tracking, automation, and operational efficiency, showcasing its innovative capabilities and competitive edge in global connectivity.
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- New Launch Date Pending: The company stated that a new launch date will be announced once confirmed, and this uncertainty could negatively affect investor confidence, particularly given the company's reliance on satellite networks to enhance service.
- Satellite Network Replenishment Mission: The mission aims to replenish Globalstar's low Earth orbit satellite constellation to support network resilience and service reliability, underscoring the strategic importance of the company in the satellite communications market.
- Market Reaction Analysis: Despite the launch delay, Globalstar is actively seeking to enhance its market position through partnerships with Amazon and Apple, indicating the company's commitment to pursuing growth opportunities even in the face of challenges.
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- Network Resilience Enhancement: This launch aims to replenish Globalstar's existing LEO constellation, thereby enhancing the network resilience and reliability of its satellite communication services, ensuring that customer communication needs are met in daily operations.
- Strategic Significance: CEO Paul E. Jacobs emphasized that this launch represents a critical step in executing the company's long-term strategy, as replenishing the existing constellation is essential for delivering reliable satellite services globally, showcasing the company's commitment to infrastructure development.
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- Market Sentiment Shift: Although the stock rose 10% prior to the earnings release, it plummeted 12% in after-hours trading post-report, indicating a loss of investor confidence, while retail sentiment briefly surged to 'extremely bullish'.
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- Amazon's Satellite Initiative: Amazon is launching a satellite broadband project called Amazon Leo, aiming to provide high-speed internet services globally, especially in underserved rural areas, which is expected to open a new revenue stream in the coming months.
- Competitive Landscape: Amazon Leo directly competes with SpaceX's Starlink, which currently boasts over 7,800 satellites and 2.7 million customers, while Amazon is actively expanding its satellite network, having completed 10 launches and planning to deploy 50 more satellites in the near future.
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See More
Globalstar Postpones HIBLEO-4 Satellite Launch with SpaceX
- Launch Delay: Globalstar's planned May 17 launch of HIBLEO-4 replenishment satellites with SpaceX has been postponed to allow more time for teams to prepare the satellites, indicating the company's commitment to ensuring a successful launch.
- Network Resilience Focus: The mission remains centered on replenishing Globalstar's existing low Earth orbit constellation to support continued network resilience and service reliability, reflecting the company's ongoing efforts to enhance service quality and customer satisfaction.
- Global Telecommunications Provider: As a global telecommunications provider, Globalstar delivers reliable satellite and terrestrial connectivity solutions through its industry-leading low Earth orbit satellite constellation and licensed Band 53 spectrum, aiming to empower customers worldwide to connect and communicate effectively, driving business growth.
- Innovation and Efficiency: The company is dedicated to supporting business, enterprise, and consumer markets globally through its software-defined private wireless network platform and GPS communication tools, enhancing asset tracking, automation, and operational efficiency, showcasing its innovative capabilities and competitive edge in global connectivity.
See More
Globalstar Postpones HIBLEO-4 Satellite Launch
- Launch Delay Announced: Globalstar has announced the postponement of its planned May 17 launch of the HIBLEO-4 replenishment satellites to allow more time for launch preparations, a decision that may impact the company's network service reliability.
- New Launch Date Pending: The company stated that a new launch date will be announced once confirmed, and this uncertainty could negatively affect investor confidence, particularly given the company's reliance on satellite networks to enhance service.
- Satellite Network Replenishment Mission: The mission aims to replenish Globalstar's low Earth orbit satellite constellation to support network resilience and service reliability, underscoring the strategic importance of the company in the satellite communications market.
- Market Reaction Analysis: Despite the launch delay, Globalstar is actively seeking to enhance its market position through partnerships with Amazon and Apple, indicating the company's commitment to pursuing growth opportunities even in the face of challenges.
See More
Globalstar Launches HIBLEO-4 Satellites to Enhance LEO Constellation
- Launch Schedule: Globalstar is set to launch its HIBLEO-4 replenishment satellites on May 17 via a SpaceX Falcon 9 rocket, with a launch window opening at 8:50 a.m. ET, reflecting the company's ongoing investment in its low Earth orbit (LEO) satellite infrastructure.
- Network Resilience Enhancement: This launch aims to replenish Globalstar's existing LEO constellation, thereby enhancing the network resilience and reliability of its satellite communication services, ensuring that customer communication needs are met in daily operations.
- Strategic Significance: CEO Paul E. Jacobs emphasized that this launch represents a critical step in executing the company's long-term strategy, as replenishing the existing constellation is essential for delivering reliable satellite services globally, showcasing the company's commitment to infrastructure development.
- Live Coverage: A live webcast will be available on spacex.com/launches starting 15 minutes before liftoff, ensuring global users can follow the launch progress in real-time, further enhancing the company's market transparency and customer engagement.
See More
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- Wider Loss Reported: AST SpaceMobile reported a Q1 loss of $0.66 per share, significantly worse than Wall Street's expectation of a $0.20 loss, with revenue at $14.7 million, well below the $36.58 million forecast, indicating serious challenges in revenue growth.
- Satellite Launch Goals at Risk: Analyst Tim Farrar noted that even under a 'super optimistic' scenario, AST SpaceMobile could end 2026 with only about 28 satellites launched, far short of the 45-target, highlighting severe risks in executing its aggressive satellite deployment timeline.
- Future Revenue Guidance: Despite these challenges, AST SpaceMobile maintained its full-year revenue guidance of $150 million to $200 million, although this is below the consensus estimate of $181.13 million, reflecting market concerns about its growth prospects.
- Market Sentiment Shift: Although the stock rose 10% prior to the earnings release, it plummeted 12% in after-hours trading post-report, indicating a loss of investor confidence, while retail sentiment briefly surged to 'extremely bullish'.
See More
SpaceX IPO Sparks Market Buzz Amid Amazon's Satellite Plans
- SpaceX IPO Outlook: The upcoming SpaceX IPO has generated significant market buzz, yet the inherent volatility of IPO stocks may lead retail investors to substantial losses, particularly in an overheated market.
- Amazon's Satellite Initiative: Amazon is launching a satellite broadband project called Amazon Leo, aiming to provide high-speed internet services globally, especially in underserved rural areas, which is expected to open a new revenue stream in the coming months.
- Competitive Landscape: Amazon Leo directly competes with SpaceX's Starlink, which currently boasts over 7,800 satellites and 2.7 million customers, while Amazon is actively expanding its satellite network, having completed 10 launches and planning to deploy 50 more satellites in the near future.
- Investment Risk Comparison: While the SpaceX IPO garners attention, analysts highlight the risks due to its private financial data and valuation uncertainties, suggesting that Amazon, as a well-established entity, presents a more stable investment opportunity.
See More
SpaceX IPO Prospects and Competitive Risks
- SpaceX IPO Plans: SpaceX is preparing for an IPO, but the potential losses from its social media platform X and AI company xAI could jeopardize the overall profitability of the offering, prompting investors to assess risks carefully.
- Starlink Profitability: In 2025, Starlink is projected to generate $10.4 billion in sales for SpaceX, with an expected 80% surge to $18.7 billion in 2026, making it the primary revenue driver and highlighting its strong market position.
- Competitive Threat: Amazon is developing its satellite communication network, Amazon Leo, planning to compete with Starlink by acquiring Globalstar and launching additional satellites, which could lead to price wars and compress SpaceX's profits.
- Regulatory Dynamics: Amazon has requested an extension from the FCC for its satellite launch deadline, aiming to complete its constellation in the coming years, a move that could foster market competition and impact SpaceX's market share.
See More
