Should You Buy Globalstar Inc (GSAT) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BUY (starter position now). GSAT is in a clear bullish uptrend with strong momentum and supportive options sentiment (call-skew). For a beginner long-term investor who doesn’t want to wait for a perfect entry, the current setup is attractive despite weaker profitability—main upside is event-driven/strategic (spectrum value, strategic-alternatives chatter) while the main risk is competitive pressure in direct-to-device satellite communications.
Technical Analysis
Trend is bullish. Moving averages are stacked bullish (SMA_5 > SMA_20 > SMA_200), and MACD histogram is positive (0.291) and expanding—confirming upward momentum. RSI_6 at 65.24 is elevated but not overbought, suggesting the stock can still push higher. Price (~67.99) is above the R1 level (67.347) and approaching R2 (70.071), so the next technical upside area is near ~70; the nearest meaningful support is the pivot around ~62.94 (then S1 ~58.53). Net: momentum favors buyers, with ~70 as the next resistance zone.
Analyst Ratings and Price Target Trends
Recent trend: price targets moved up with mixed ratings. B. Riley reiterated BUY and raised PT to $75 (from $60) after Q3 beats and ongoing strategic-alternatives speculation. Deutsche Bank initiated HOLD with a $62 PT, arguing risk/reward looks balanced after the stock more than doubled.
Wall Street pros: (1) increased perceived strategic spectrum value, (2) upside from potential strategic deal/partnership outcomes, (3) recent results beat expectations.
Cons: (1) after a large run, risk/reward may be more balanced near current levels, (2) fundamentals show margin/earnings pressure, (3) competitive direct-to-device landscape is intensifying.
Influential buying/selling: no notable insider trend (neutral) and no recent Congress trading data available.
Wall Street analysts forecast GSAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSAT is 67 USD with a low forecast of 60 USD and a high forecast of 75 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.
Wall Street analysts forecast GSAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GSAT is 67 USD with a low forecast of 60 USD and a high forecast of 75 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.
Current: 64.650
Current: 64.650
