Imperial Capital initiated coverage on Globalstar with a new price target
$GSAT
Telecommunications Equipment
Consumer Discretionary
Imperial Capital initiated coverage of Globalstar with a rating of Outperform and set a new price target of $7.79
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/4/2023 | $7.79 | Outperform | Imperial Capital |
| 5/3/2023 | $1.75 → $0.97 | Underweight → Equal-Weight | Morgan Stanley |
| 10/31/2022 | $5.00 | Buy | Craig Hallum |
144 - Globalstar, Inc. (0001366868) (Subject)
10-Q - Globalstar, Inc. (0001366868) (Filer)
8-K - Globalstar, Inc. (0001366868) (Filer)
4 - Globalstar, Inc. (0001366868) (Issuer)
4 - Globalstar, Inc. (0001366868) (Issuer)
4 - Globalstar, Inc. (0001366868) (Issuer)
4 - Globalstar, Inc. (0001366868) (Issuer)
4 - Globalstar, Inc. (0001366868) (Issuer)
4 - Globalstar, Inc. (0001366868) (Issuer)
Imperial Capital initiated coverage of Globalstar with a rating of Outperform and set a new price target of $7.79
Morgan Stanley upgraded Globalstar from Underweight to Equal-Weight and set a new price target of $0.97 from $1.75 previously
Craig Hallum initiated coverage of Globalstar with a rating of Buy and set a new price target of $5.00
Partnership combines Cellular, Satellite, and XCOM RAN private networks with Globalstar Band 53 spectrum available through Conekt.ai's connectivity management platform Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, and Conekt.ai, a leading connectivity management platform provider, today announced a strategic collaboration to deliver integrated Globalstar Band 53TM spectrum and XCOM RAN private network solutions through Conekt.ai's orchestration platform for seamless multi-network connectivity. The collaboration positions Conekt.ai as a partner providing enterprise customers with turnkey connectivity solutions for IoT deployments, pr
USA News Group News Commentary Issued on behalf of VisionWave Holdings, Inc. VANCOUVER, BC, Sept. 30, 2025 /CNW/ -- USA News Group News Commentary – Defense tech funding surged to approximately $28 billion in 2025 as venture capital investment in autonomous systems and communications technologies more than doubled year-over-year, with investors prioritizing dual-use innovation that blends commercial scale with military-grade capabilities[1]. Earlier in September, the Navy's collaborative combat aircraft contracts awarded to aerospace primes demonstrated the accelerating transition from individual platforms to coordinated autonomous networks that operate seamlessly across air, land, and sea d
Expansion Supports Enhanced Mobile Satellite Services Across Northern Europe Globalstar, Inc. (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, together with its wholly-owned subsidiary, Globalstar Europe SAS, today announces that construction has commenced to double the size of its existing ground station in Estonia to support the expansion of its enhanced mobile satellite system and services. With the assistance of the Estonian Investment Agency and U.S. Commercial Service personnel at the U.S. Embassy in Tallinn, Globalstar acquired from the municipality of Saarde the land necessary to construct its initial ground station. The facility was co
Reports revenue increase; reaffirms financial outlook Generated second quarter 2025 revenue of $67.1 million, an 11% increase over the prior-year period driven by higher wholesale capacity services and Commercial IoT revenue Entered into a launch services agreement with SpaceX for the launch of the second set of replacement satellites under construction by MDA Space pursuant to our 2022 satellite procurement agreement Announced that the Federal Communications Commission (FCC) Space Bureau accepted for filing Globalstar's C-3 petition to advance our mobile satellite services (MSS) network expansion Globalstar, Inc. (NASDAQ:GSAT) ("Globalstar" or the "Company") today announced its
Globalstar, Inc. (NASDAQ:GSAT) will announce its second quarter 2025 financial and operating results on Thursday, August 7, 2025 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, August 7, 2025 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call will be available via webcast from the following link. Webcast Link: https://edge.media-server.com/mmc/p/edgptfvv To participate in the earnings call via teleconference, participants should register at the following link to
First quarter 2025 revenue increased 6% to $60.0 million, driven by strength in wholesale capacity services Announced launch of two-way satellite commercial IoT solution with mass production expected in the second quarter of 2025 Introduced new state-of-the-art Satellite Operations Control Center (SOCC) at Globalstar's headquarters Globalstar, Inc. (NASDAQ:GSAT) ("Globalstar" or the "Company") today announced its financial results for the first quarter ended March 31, 2025. "Our first quarter results are in-line with our expectations with revenue increasing 6% to $60.0 million. Net loss for the quarter was $17.3 million, driven predominantly by non-cash items. Adjusted EBITDA* was $
SC 13D/A - Globalstar, Inc. (0001366868) (Subject)
SC 13D/A - Globalstar, Inc. (0001366868) (Subject)
SC 13G/A - Globalstar, Inc. (0001366868) (Subject)
February 18, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that the Comtech Board of Directors (the "Board") has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025. Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar's services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in s
Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, a leading technology group, is pleased to announce a strategic partnership with American connectivity innovator Globalstar to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf. Strive Masiyiwa, founder and Chairman of Liquid Intelligent Technologies said, "I'm really excited by the connectivity solutions now emerging from breakthroughs in 5G private networks technologies. With this technology we are now able to provide services to large businesses like mines with their own 5G private networks that can also enable NextGen services like AI; this is huge." The partnership wil
Ben Wolff Re-joins Executive Team as Executive Vice Chairman Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), a technology leader in advanced robotic systems, solutions, and software that redefine human possibilities, today announced that the Company's interim President and Chief Executive Officer, Laura Peterson, has been appointed to serve as the Company's permanent President and Chief Executive Officer. The Company also announced that Sarcos co-founder, current director and former Chief Executive Officer, Ben Wolff, has re-joined the executive team as Executive Vice Chairman. Peterson has served as interim President and Chief Executive Officer since May 2023 and h