Stock Performance: Globalstar, Inc. (GSAT) has seen a 37.3% increase in stock value over the past three months, but it still lags behind the Satellite and Communication Industry's 141.8% growth. The stock recently closed at $30.29, below its 52-week high of $41.10.
Growth and Innovations: The company reported strong second-quarter revenues of $67.1 million, driven by growth in wholesale capacity services and commercial IoT. Globalstar is also advancing innovative products like the RM200 two-way module and XCOM RAN platform, which could expand its market reach.
Infrastructure Expansion: Globalstar is upgrading its infrastructure with a global ground infrastructure program for its next-generation C-3 system, adding antennas across multiple countries. This includes new constructions in Greece and Singapore to enhance network capacity.
Strategic Partnerships and Outlook: The company is expanding its client base, particularly in government and defense sectors, and has a positive revenue outlook of $260-$285 million for 2025. Analysts have raised earnings estimates, and GSAT holds a Zacks Rank #1 (Strong Buy), indicating strong long-term potential despite recent stock performance.
SATS
$103.93+Infinity%1D
Analyst Views on SATS
Wall Street analysts forecast SATS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SATS is 92.75 USD with a low forecast of 82.00 USD and a high forecast of 102.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast SATS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SATS is 92.75 USD with a low forecast of 82.00 USD and a high forecast of 102.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 107.370
Low
82.00
Averages
92.75
High
102.00
Current: 107.370
Low
82.00
Averages
92.75
High
102.00
Morgan Stanley
Morgan Stanley
Equal Weight
to
Overweight
upgrade
$82 -> $110
2025-12-10
Reason
Morgan Stanley
Morgan Stanley
Price Target
$82 -> $110
2025-12-10
upgrade
Equal Weight
to
Overweight
Reason
Shares of EchoStarjumped on Tuesday and are trading up again today as it was reported that SpaceX is moving ahead with plans for an initial public offering next year. Elon Musk's rocket company is said to be seeking to raise "significantly more" than $30B at a valuation of about $1.5T. This morning, Morgan Stanley upgraded EchoStar to Overweight, saying it believes the company is benefiting from rising competitive intensity as a seller of spectrum.2026 IPO:Elon Musk's SpaceX is moving ahead with plans for an initial public offering that would seek to raise "significantly more" than $30B at a valuation of about $1.5T, which would make it the biggest listing of all time, people familiar with the matter told Bloomberg's Ed Ludlow and Eric Johnson. SpaceX's management and advisers are pursuing a listing as soon as mid-to-late 2026, but the timing of the IPO could change based on market conditions and other factors, and one of the people said the timing could slip until 2027, the report noted. Other publicly traded companies involved in space launch systems and services include FireFly Aerospace, Rocket Lab, Intuitive Machines, Boeing, AST SpaceMobile, Virgin Galactic, Lockheed Martin, Northrop Grumman, and L3Harris Technologies.Back on December 5, The Wall Street Journal's Berber Jin and Corrie Driebuschthat SpaceX was kicking off a secondary share sale that would value the rocket-maker at $800B, citing people familiar with the matter. The $800B valuation is double the $400B value it fetched in a recent secondary share sale, the authors note.RISING COMPETITIVE INTENSITY:Morgan Stanley upgraded EchoStar to Overweight from Equal Weight with a price target of $110, up from $82. The company says the company is benefiting from rising competitive intensity as a seller of spectrum. The upgrade reflects EchoStar's opportunity to unlock value through tax-efficient spectrum sales, the firm adds.Morgan Stanley notes that it raised its price target for EchoStar shares to $110 based on increased value associated with announced spectrum sales to AT&Tand SpaceX. It also raised its estimate for the value EchoStar will capture with its remaining AWS-3 spectrum licenses from $1.50 to $2.50 as it expects both Verizonand T-Mobileto be interested in this spectrum for their networks. Discussing a bull case for EchoStar, the firm says it also believes there may be opportunities for the company to shield a portion of its considerable tax liability from these sales. EchoStar is receiving SpaceX shares at $212 per SpaceX share. Therefore, every $100 of SpaceX share price equals $18/share or 20% to EchoStar equity. "The WSJ reported that SpaceX is launching a secondary sale valuing the company at $800bn, although the CEO denied that was the case. At that valuation, our bull case would move to $150," the firm added.Of note, EchoStar announced back in November that it had entered into an amended definitive agreement with SpaceX to sell the company's unpaired AWS-3 licenses for approximately $2.6B in SpaceX stock valued as of September 2025. This transaction builds on the agreement the companies entered into in September. Closing of the proposed transaction will occur after all required regulatory approvals are received and other closing conditions are satisfied. Current operations of EchoStar's DISH TV, Sling TV, Boost Mobile and Hughes will not be impacted by this transaction.PRICE ACTION:Shares of EchoStar have gained almost 6% on Wednesday morning, trading to $98.81 per share.
Morgan Stanley
Equal Weight -> Overweight
upgrade
$82 -> $110
2025-12-10
Reason
Morgan Stanley
Price Target
$82 -> $110
2025-12-10
upgrade
Equal Weight -> Overweight
Reason
Morgan Stanley upgraded EchoStar to Overweight from Equal Weight with a price target of $110, up from $82. The company says the company is benefiting from rising competitive intensity as a seller of spectrum. The upgrade reflects EchoStar's opportunity to unlock value through tax-efficient spectrum sales, the analyst tells investors in a research note.
Citi
Neutral
maintain
$85 -> $87
2025-11-11
Reason
Citi
Price Target
$85 -> $87
2025-11-11
maintain
Neutral
Reason
Citi raised the firm's price target on EchoStar to $87 from $85 and keeps a Neutral rating on the shares. The company's earnings call affirmed that it is undergoing "transformational change," the analyst tells investors in a research note.
Morgan Stanley
Equal Weight
downgrade
$91 -> $82
2025-11-07
Reason
Morgan Stanley
Price Target
$91 -> $82
2025-11-07
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on EchoStar to $82 from $91 and keeps an Equal Weight rating on the shares.
About SATS
EchoStar Corporation is a holding company. The Company is a provider of technology, networking services, television entertainment and connectivity, offering consumer, enterprise, operator and government solutions worldwide under its EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON, and JUPITER brands. Its business segments include Pay-TV, Wireless and Broadband and Satellite Services. Its Pay-TV segment provides video services in the United States through its DISH and the SLING brands. Its Wireless segment provides wireless communication services and products. This segment offers wireless services for 5G VoNR and 5G broadband service to Americans, as well as a competitive portfolio of wireless devices. It offers nationwide wireless services to subscribers primarily under the Boost Mobile and Gen Mobile brands. Its Broadband and Satellite Services segment offers broadband satellite technologies and broadband Internet products and services to consumer customers.
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.
