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: 82.090
Low
60.00
Averages
67.00
High
75.00
Current: 82.090
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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- Capital Expenditure Increase: Amazon anticipates capital expenditures will reach $200 billion by 2026, a substantial rise from last year, primarily driven by investments in artificial intelligence and satellite internet services, which will enhance the company's future growth and competitive edge.
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