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Globalstar, Inc.

$80.09

2.05%

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$80.09

2.05%
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About

Events of Globalstar, Inc. (GSAT)

Over the past six months, Globalstar's stock has experienced significant events and price movements. As of May 5, 2026, the share price was $81.87, representing a substantial increase of 312.44% from May 6, 2025. Key events impacting the stock include Amazon's acquisition agreement, Q4 CY2025 earnings report, Q1 2026 financial results, insider selling, and FCC confirmation of spectrum rights. Amazon announced an agreement to acquire Globalstar for approximately $10.9 billion, or $90 per share, with the deal expected to close in 2027. Globalstar reported Q4 CY2025 revenue of $71.96 million, exceeding analyst estimates by 1.9%, and Q1 2026 revenue of $70.1 million, a 17% increase from the prior year. Several insiders, including the CEO, CFO, and General Counsel, sold shares of the company's stock. The FCC reaffirmed Globalstar's exclusive Mobile Satellite Services operating rights in the Big LEO spectrum band.

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Price action provided by Massive. Fundamentals, news and corporate events provided by FactSet. NLP support provided by Perplexity & Gemini. All data is provided for informational purposes only.

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Globalstar, Inc. (GSAT) Live Stock Price, Chart & Financial News | Edge Hound