Globalstar Inc sees stock surge amid low Earth orbit satellite investment boom
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 22 2026
0mins
Should l Buy GSAT?
Source: CNBC
Globalstar Inc's stock price surged by 16.86% as it crossed above the 5-day SMA, reflecting strong investor interest in the low Earth orbit satellite sector.
The surge in investments in low Earth orbit satellites, which exceeded $45 billion in 2025, has attracted significant global investor interest, highlighting the strategic importance of this market. Companies like Amazon and Blue Origin are intensifying competition by planning to deploy thousands of satellites, which could benefit Globalstar as a key player in this sector.
This investment boom indicates a robust future for companies involved in satellite technology, positioning Globalstar Inc favorably in a rapidly evolving industry.
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Analyst Views on GSAT
Wall Street analysts forecast GSAT stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 66.420
Low
60.00
Averages
67.00
High
75.00
Current: 66.420
Low
60.00
Averages
67.00
High
75.00
About GSAT
Globalstar, Inc. is an international telecom infrastructure provider. It provides mobile satellite services, including voice and data communications and wholesale capacity services through its global satellite network. Its low earth orbit (LEO) satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Its terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks to improve customer wireless connectivity, while its XCOM RAN product offers capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, it offers Internet of things (IoT) hardware and software products for tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions.
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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