Globalstar, Inc. (GSAT)
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-09-09
$81.68-0.66%
Close 2026-09-09 · 1-day change
NASDAQCommunication ServicesTelecommunications ServicesSnapshot 2026-09-09
Broken: Primary pillar broken — Adjusted EBITDA margin near 50% in 2026: Q2 FY26 EBITDA margin 18.6% vs 50% target.
Globalstar aims for about $292.5M revenue in 2026. It targets a 50% profit margin. The merger with Amazon could boost its growth and strategy.
Globalstar is still losing money and missed earnings recently. The merger risks and legal issues could hurt the company. Revenue growth may slow.
The market expects about 14% revenue growth. Our fair value is near $19.37, reflecting some optimism on growth and margin targets.
Breaks if: Adjusted EBITDA margin falls below 45% in FY26
Breaks if: Merger fails or is significantly delayed beyond 2026
Breaks if: Revenue falls below $280M in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
GSAT represents a speculative growth investment. The company is currently navigating through challenges, including recent earnings misses and elevated risk, while also pursuing significant management priorities like a merger with Amazon and expanding its satellite constellation.
The market appears to have priced in a high level of fragility due to the company's expensive valuation, which is not fully justified given its current performance. There is an expectations gap indicating that investors may be anticipating better outcomes than what has been delivered recently.
Fundamentals are likely to remain unstable in the near term, especially given the company's recent earnings misses and a 40% probability of missing expectations again. However, management's focus on key priorities may provide some stabilization over the multi-year thesis.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. The latest earnings miss is a significant threat. This miss impacts confidence in future performance. The company did not meet expectations in its recent report.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Globalstar has set a revenue target range of $280 million to $305 million for the fiscal year 2026.
The future performance of GSAT hinges on the outcomes of its merger with Amazon and the success of its satellite expansion plans. Additionally, the performance of sector bellwethers like Verizon, T-Mobile, and AT&T will be crucial, as their results could influence GSAT's momentum.
In the next 1 to 3 years, GSAT's trajectory will depend on its ability to execute on management priorities and navigate sector dynamics. Not investment advice.