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Why Globalstar (GSAT) Stock Is Trading Lower
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Why Globalstar (GSAT) Stock Is Trading Lower
May 26, 2025 5:18 AM

Globalstar, Inc. ( GSAT ) shares are trading lower by 13.1% to $17.55 during Friday’s session after the company reported worse-than-expected first-quarter EPS and revenue.

What To Know: Globalstar ( GSAT ) reported a first-quarter 2025 net loss of 16 cents per share, wider than analyst estimates of a 2 cent loss. The $17.3 million loss also marked a slight year-over-year decline, despite a 6% revenue increase to $60 million, which missed forecasts by nearly 7%.

Service revenue grew 7% to $57.1 million, driven by wholesale capacity gains. However,

Read Also: Kodak Stock Falls 16% After Disappointing Q1 Earnings

The company reaffirmed its FY2025 revenue guidance of $260–$285 million with a 50% EBITDA margin. CEO Paul Jacobs cited the launch of Globalstar's ( GSAT ) two-way satellite IoT solution and leadership additions as steps toward growth in private wireless and wholesale capacity.

Operational highlights include opening a new satellite operations center and advancing next-gen satellite tech. Liquidity remains solid with $241 million in cash, despite heavy capex.

The company says it continues to monitor global trade risks, particularly tariffs, but expects minimal direct impact.

Read Also: Tesla Stock Rises Friday Despite Product Setbacks And Policy Risks

How To Buy GSAT Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Globalstar’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, GSAT has a 52-week high of $23.63 and a 52-week low of $17.24.

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