Technology Compatibility Validation: Globalstar and Skydio successfully completed a technology trial that validated the compatibility of the Skydio X10 with Globalstar's licensed Band n53 spectrum, ensuring reliability and security for drone operations in complex environments.
Rapid Integration Advantage: Skydio's CTO noted that the quick integration of Band n53 using an existing module allowed for swift real-world testing, enhancing the potential applications of drones in public safety.
High-Performance Private 5G Platform: Globalstar's XCOM RAN platform delivers up to 4x capacity increase, ensuring seamless connectivity in dense automation environments, addressing critical future industrial automation needs.
Supporting Public Safety Missions: Globalstar's CEO emphasized that this trial showcased the strengths of Band n53 and the XCOM RAN architecture for high-performance uplink applications, aiding first responders in executing their missions more quickly and safely.
GSAT
$65.99+Infinity%1D
Analyst Views on GSAT
Wall Street analysts forecast GSAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSAT is 67.00 USD with a low forecast of 60.00 USD and a high forecast of 75.00 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.
3 Analyst Rating
Wall Street analysts forecast GSAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSAT is 67.00 USD with a low forecast of 60.00 USD and a high forecast of 75.00 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.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 69.050
Low
60.00
Averages
67.00
High
75.00
Current: 69.050
Low
60.00
Averages
67.00
High
75.00
B. Riley
B. Riley
Buy
maintain
$60 -> $75
2025-11-10
Reason
B. Riley
B. Riley
Price Target
$60 -> $75
2025-11-10
maintain
Buy
Reason
B. Riley raised the firm's price target on Globalstar to $75 from $60 and keeps a Buy rating on the shares. Globalstar reported Q3 results last week, with revenue and adjusted EBITDA outpacing consensus estimates, the analyst tells investors in a research note. The company refrained from addressing strategic alternatives speculation amid reports that company is in talks, including with SpaceX, with the company's chairman reportedly citing a $10B+ target bogey, B. Riley adds.
Clear Street
Greg Pendy
initiated
$66
2025-10-14
Reason
Clear Street
Greg Pendy
Price Target
$66
2025-10-14
initiated
Reason
Clear Street analyst Greg Pendy initiated coverage of Globalstar with a Buy rating and $66 price target. The firm views the company as a "compelling hybrid investment." Globalstar combines a "de-risked" satellite business that is bolstered by Apple's funding with a "valuable and underutilized" terrestrial wireless spectrum asset, the analyst tells investors in a research note. Clear believes that by 2030, the total addressable market for satellite internet of things could reach $4.9B.
Scotiabank
Outperform -> Sector Perform
downgrade
$45.40
2025-06-23
Reason
Scotiabank
Price Target
$45.40
2025-06-23
downgrade
Outperform -> Sector Perform
Reason
Craig-Hallum
George Sutton
Strong Buy
Maintains
$75 → $45
2025-02-28
Reason
Craig-Hallum
George Sutton
Price Target
$75 → $45
2025-02-28
Maintains
Strong Buy
Reason
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.
