Top Executives Make Significant Moves with Globalstar Stock!
Globalstar (GSAT) saw insider trading on Nov 17, 2025, with executives selling shares. The stock rose 14.2% due to strong Q3 performance, reporting $73.8M in revenue. Despite challenges like lower net income and high capital expenditures, Globalstar maintained strategic investments. B. Riley raised its price target, and the company reaffirmed its 2025 revenue outlook. TipRanks' AI Analyst rates GSAT as Neutral, citing financial challenges but noting bullish momentum. YTD price performance is 102.74%, with a market cap of $7.98B.
New insider activity at Globalstar ( (GSAT) ) has taken place on November 17, 2025.
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In recent transactions involving Globalstar stock, GC Barbee Ponder sold 9,790 shares, amounting to $570,952. Meanwhile, VP & CFO Rebecca Clary parted with 16,316 shares, totaling $951,549.
Recent Updates on GSAT stock
In the last 24 hours, Globalstar’s stock rose by 14.2%, driven by the company’s strong third-quarter performance and strategic developments. The company reported record revenue of $73.8 million, fueled by growth in Commercial IoT and subscriber equipment sales. Despite challenges such as lower net income due to non-cash items and high capital expenditures, Globalstar maintained a solid cash position and strategic investments in XCOM RAN and government sectors. B. Riley raised Globalstar’s price target, citing the company’s revenue and adjusted EBITDA surpassing consensus estimates. Additionally, the company refrained from addressing strategic alternatives speculation, including potential talks with SpaceX. Globalstar’s reaffirmation of its full-year 2025 outlook, projecting revenue between $260 million and $285 million, further contributed to the positive market sentiment.
Spark’s Take on GSAT Stock
According to Spark, TipRanks’ AI Analyst, GSAT is a Neutral.
Globalstar’s stock score is primarily driven by its financial performance challenges, including profitability issues and high leverage, which weigh heavily on the score. The technical analysis shows strong bullish momentum, providing some positive outlook. However, valuation concerns due to negative earnings and lack of dividends further impact the score. The earnings call provided some optimism with record revenue and strategic investments, but also highlighted significant challenges.
To see Spark’s full report on GSAT stock, click here.
More about Globalstar
YTD Price Performance: 102.74%
Average Trading Volume: 1,319,897
Technical Sentiment Signal: Buy
Current Market Cap: $7.98B
