Q4 Earnings Forecast for Globalstar Issued By B. Riley

Globalstar, Inc. (NYSEARCA:GSAT) – Research analysts at B. Riley issued their Q4 2025 earnings estimates for Globalstar in a research note issued to investors on Tuesday, February 18th. B. Riley analyst M. Crawford forecasts that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Globalstar’s current full-year earnings is ($0.01) per share. B. Riley also issued estimates for Globalstar’s FY2026 earnings at $0.10 EPS and FY2027 earnings at $0.42 EPS.

A number of other equities research analysts have also recently issued reports on GSAT. Craig Hallum upped their price objective on shares of Globalstar from $4.00 to $5.00 and gave the company a “buy” rating in a research note on Monday, November 4th. StockNews.com raised Globalstar from a “sell” rating to a “hold” rating in a research report on Monday, November 11th.

Globalstar Stock Up 3.2 %

Shares of NYSEARCA GSAT opened at $23.01 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 0.91. The company has a market cap of $43.59 billion, a P/E ratio of -767.00 and a beta of 1.07. Globalstar has a 52 week low of $15.00 and a 52 week high of $41.10. The business has a 50-day moving average of $4.81.

Insider Transactions at Globalstar

In other news, Director James Monroe III purchased 530,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of $1.90 per share, for a total transaction of $1,007,000.00. Following the purchase, the director now directly owns 6,834,090 shares in the company, valued at approximately $12,984,771. This represents a 8.41 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Paul E. Jacobs sold 14,539 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $2.19, for a total value of $31,840.41. Following the sale, the chief executive officer now owns 84,815 shares of the company’s stock, valued at approximately $185,744.85. This trade represents a 14.63 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders purchased 3,030,000 shares of company stock worth $5,987,000 and sold 3,680,851 shares worth $8,136,154. Company insiders own 60.76% of the company’s stock.

Institutional Trading of Globalstar

Hedge funds have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Globalstar by 4.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 20,912 shares of the company’s stock worth $43,000 after purchasing an additional 900 shares during the period. Stifel Financial Corp boosted its stake in Globalstar by 8.7% during the fourth quarter. Stifel Financial Corp now owns 36,087 shares of the company’s stock worth $75,000 after buying an additional 2,894 shares during the period. Mariner LLC increased its position in Globalstar by 30.9% during the fourth quarter. Mariner LLC now owns 14,007 shares of the company’s stock valued at $29,000 after acquiring an additional 3,307 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Globalstar by 0.8% in the fourth quarter. Legal & General Group Plc now owns 854,923 shares of the company’s stock valued at $1,770,000 after acquiring an additional 7,132 shares during the period. Finally, Summit Investment Advisors Inc. lifted its holdings in shares of Globalstar by 11.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 76,317 shares of the company’s stock worth $158,000 after acquiring an additional 7,703 shares during the last quarter. Hedge funds and other institutional investors own 18.89% of the company’s stock.

About Globalstar

Globalstar, Inc provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications.