How Analysts See Globalstar’s Story Changing Amid Sale Talks and New Spectrum Opportunities

Globalstar's fair value estimate remains steady at $60.00 per share. This reflects analysts' continued confidence in the company's long-term prospects. While the discount rate has edged slightly higher, consistent revenue growth projections reinforce a generally positive outlook for the stock. Stay tuned to discover how you can keep track of future updates as the Globalstar story develops further.

Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Globalstar.

What Wall Street Has Been Saying

🐂 Bullish Takeaways

Clear Street, through analyst Greg Pendy, has initiated coverage of Globalstar with a Buy rating and set a price target of $66. This underscores strong confidence in the company’s growth prospects. The firm describes Globalstar as a "compelling hybrid investment," highlighting its combination of a de-risked satellite business supported by Apple's funding and a "valuable and underutilized" terrestrial wireless spectrum asset. Analysts see execution and asset value as key drivers of Globalstar’s long-term outlook. Growth momentum is anchored by expectations that the total addressable market for satellite Internet of Things could reach $4.9 billion by 2030.

🐻 Bearish Takeaways

No significant bearish commentary or downward revisions have been reported in the available analyst coverage at this time.

Overall, current street research reflects positive sentiment from analysts, particularly around Globalstar’s execution quality and promising growth trajectory. The absence of notable bearish takes reflects increasing confidence in the company's valuation and business strategy, especially among firms such as Clear Street.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives or begin writing your own Narrative!NasdaqGS:GSAT Community Fair Values as at Nov 2025

What's in the News

Globalstar is exploring a potential sale and has engaged an investment bank to lead the process. Early discussions are taking place with SpaceX and other possible buyers. (Bloomberg) The company’s shares surged nearly 27% following the news of sale talks and reported interest from SpaceX. (Bloomberg) Chairman James Monroe has previously discussed the possibility of selling Globalstar for more than $10 billion. This move could influence its key partnerships, including its current agreement with Apple, and shift industry competition. (The Information) SpaceX has reportedly made technical adjustments in its satellite systems to accommodate the same spectrum presently used by iPhone's satellite features, which are powered by Globalstar. (The Information)

Story Continues

How This Changes the Fair Value For Globalstar

Fair Value Estimate: Remained steady at $60.00 per share, indicating no change in analysts' long-term intrinsic valuation. Discount Rate: Increased slightly from 6.78% to 6.96%, reflecting a modestly higher risk profile or cost of capital. Revenue Growth: Essentially unchanged, with projections holding at approximately 13.7% annual growth. Net Profit Margin: Increased from 19.63% to 19.77%, suggesting marginal improvements in expected profitability. Future P/E Ratio: Declined slightly from 124.3x to 124.1x, reflecting negligible changes in forward earnings estimates relative to price.

🔔 Never Miss an Update: Follow The Narrative

Narratives are a smarter, story-driven way to invest. They transform complex financials into a clear story by linking forecasts, fair value, and company strategy. On Simply Wall St’s Community page, trusted by millions of investors, anyone can access these dynamic Narratives. By comparing fair value with the current price and adapting as news breaks, Narratives help you decide when to buy or sell with confidence.

Read the original Narrative on Globalstar to see what’s driving the latest analyst outlook and why it matters to your investment decisions:

Satellite Spectrum Demand Will Drive Increased Acquisition Interest: Get the full story behind Globalstar's evolving growth catalysts and shifting valuation. See why new government and defense partnerships, innovation in IoT modules, and spectrum monetization are pivotal for future revenue and margin expansion. Understand the operational, capital, and competitive risks that analysts believe could impact the trajectory and fair value of Globalstar going forward.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include GSAT.

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