Greenhouse Funds Increases Stake in Globalstar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy GSAT?
Source: Fool
- Increased Stake: Greenhouse Funds acquired an additional 75,653 shares of Globalstar in Q4 2025, valued at $4.18 million, indicating a bullish outlook on the stock, particularly as its price was on the rise during this period.
- Value Growth: As of December 31, 2025, the value of Globalstar's position rose to approximately $57.60 million, reflecting both the appreciation in stock price and the increased stake, suggesting enhanced competitiveness in the market.
- Performance Highlights: Globalstar reported record revenue of $273 million in 2025, a 9% year-over-year increase, and forecasts revenue growth between $280 million and $305 million for 2026, indicating strong growth potential.
- Investment Advice: Despite Globalstar's share price rising to $60.06 with a price-to-sales ratio of 27, the company remains unprofitable with a net loss of $8.7 million in 2025, prompting investors to consider timing carefully before purchasing shares.
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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: 57.110
Low
60.00
Averages
67.00
High
75.00
Current: 57.110
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.
- Increased Stake: Greenhouse Funds acquired an additional 75,653 shares of Globalstar in Q4 2025, valued at $4.18 million, indicating a bullish outlook on the stock, particularly as its price was on the rise during this period.
- Value Growth: As of December 31, 2025, the value of Globalstar's position rose to approximately $57.60 million, reflecting both the appreciation in stock price and the increased stake, suggesting enhanced competitiveness in the market.
- Performance Highlights: Globalstar reported record revenue of $273 million in 2025, a 9% year-over-year increase, and forecasts revenue growth between $280 million and $305 million for 2026, indicating strong growth potential.
- Investment Advice: Despite Globalstar's share price rising to $60.06 with a price-to-sales ratio of 27, the company remains unprofitable with a net loss of $8.7 million in 2025, prompting investors to consider timing carefully before purchasing shares.
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- Stake Increase: Greenhouse Funds LLLP added 75,653 shares of Globalstar in Q4 2025, with an estimated transaction value of $4.18 million, indicating a bullish outlook towards the stock and reflecting the fund's confidence in future growth.
- Position Value Growth: As of December 31, 2025, the value of Globalstar's position rose to $135.80 million, an increase of approximately $57.60 million from the previous quarter, demonstrating the effectiveness of the fund's strategy amid rising stock prices.
- Market Performance: Globalstar achieved record revenue of $273 million in 2025, a 9% year-over-year increase, and while it posted a net loss of $8.7 million, this was a significant reduction from the $63.2 million loss in 2024, indicating operational improvements.
- Investment Advice: Despite the rise in Globalstar's stock price and a price-to-sales ratio of 27, analysts recommend waiting for a price drop before considering purchases to mitigate overvaluation risks, while also keeping an eye on other potential investment opportunities.
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- FCC Chairman's Remarks: FCC Chairman Brendan Carr criticized Amazon during a hearing for falling approximately 1,000 satellites short of its upcoming deployment milestone, urging the company to focus on its own challenges rather than opposing others' plans.
- Amazon's Opposition: Last week, Amazon requested the FCC to reject SpaceX's application, characterizing it as a 'lofty ambition rather than a real plan' and highlighting SpaceX's lack of detailed information on achieving its goals, reflecting Amazon's competitive concerns.
- Investment and Progress: Amazon has invested over $10 billion in its low Earth orbit satellite service and has launched at least 200 satellites since April last year, yet it faces a pressing deadline to deploy 1,600 satellites by 2026.
- Regulatory Environment Impact: In its petition, Amazon noted that SpaceX's proposal could exacerbate international regulatory concerns about monopolization of space resources, potentially distorting planning for other operators in low Earth orbit and affecting international spectrum and orbital coordination.
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- New Investment Disclosure: On February 13, 2026, 140 Summer Partners LP disclosed the acquisition of 917,500 shares of Globalstar, valued at an estimated $56 million, indicating strong confidence in the company's prospects.
- Ownership Analysis: This acquisition positions Globalstar at 4.14% of the fund's 13F reportable assets, although it does not rank among the top five holdings, it still signifies its importance within the investment portfolio.
- Strong Market Performance: As of February 13, 2026, Globalstar's share price stood at $60.06, reflecting a remarkable 171.8% increase over the past year, significantly outperforming the S&P 500 by 160 percentage points, showcasing optimistic market expectations for future growth.
- Broad Industry Outlook: As a leading provider of mobile satellite services, Globalstar's focus on expanding 5G and IoT capabilities positions it to benefit from the ongoing demand for remote connectivity, particularly in critical sectors such as maritime transport and energy operations.
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- New Investment Disclosure: On February 13, 2026, 140 Summer Partners LP disclosed a new stake in Globalstar, acquiring 917,500 shares valued at approximately $56 million, indicating confidence in the company's prospects.
- Ownership Analysis: This acquisition positions Globalstar to account for 4.14% of the fund's 13F reportable assets, although it does not rank among the top five holdings, it still signifies its importance within the investment portfolio.
- Stock Performance: As of February 13, 2026, Globalstar's shares were priced at $60.06, reflecting a 171.8% increase over the past year, significantly outperforming the S&P 500 by 160 percentage points, showcasing strong market optimism for its future growth.
- Market Positioning: As a leading provider of mobile satellite services, Globalstar focuses on expanding its 5G and IoT capabilities to meet mission-critical connectivity needs, underscoring its strategic significance in the satellite communications landscape.
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- New ETF Launch: Roundhill Investments launched the Roundhill Space & Technology ETF (BATS:MARS) on Thursday, focusing on the space economy and expected to attract investment interest in space exploration and related technologies.
- Significant Market Potential: According to McKinsey, the global space economy is projected to grow from $630 billion in 2023 to $1.8 trillion by 2035, highlighting the immense investment potential and strategic significance of this sector.
- Holdings Structure Analysis: The ETF starts with 23 holdings, with the top ten accounting for 29.3% of assets, including Rocket Lab (10.33%) and EchoStar (8.99%), indicating Roundhill's emphasis on companies related to space infrastructure.
- Differentiation from Other ETFs: Roundhill's space ETF has a higher weighting in top holdings like Rocket Lab and EchoStar compared to other space ETFs such as Procure Space ETF and Ark Space & Defense Innovation ETF, showcasing its unique investment strategy and market positioning.
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