Globalstar (GSAT) has drawn fresh attention after reporting record full-year 2025 revenue of US$273 million, a 50% adjusted EBITDA margin, and reaffirmed 2026 guidance while highlighting progress in private 5G and next generation satellite projects.
See our latest analysis for Globalstar.
Globalstar’s recent earnings update and progress on private 5G projects have come alongside a 2.75% 1 day share price return and a 3.97% 7 day share price return. However, the 90 day share price return shows a 19.63% decline, which contrasts with the very large 175.11% 1 year total shareholder return, suggesting longer term momentum has been strong even as shorter term sentiment has cooled.
If this kind of satellite and connectivity story interests you, it might be worth expanding your search to other communications enablers through our list of 35 AI infrastructure stocks.
With record 2025 revenue of US$273 million, a 50% adjusted EBITDA margin and analyst targets sitting above the current price, investors may be asking whether Globalstar is still undervalued or whether the market is already pricing in the next leg of growth.
Most Popular Narrative: 1,856% Overvalued
Globalstar last closed at $58.68, while the most followed narrative on the stock assigns a fair value of $3. That gap is the starting point for a very different story to the current market price.
GlobalStar, known in the stock market as "GSAT", has been on a flight with its new partnership with Apple. Apple has announced it will be supporting "GSAT" with over 15 billion American dollars. This company is currently up 60% this week. Most penny stocks go up from swing trades. This is a different case: a smaller company that is growing. Currently green again today, but what separates this company from all the others is that it is being backed by Apple. Apple has been around for centuries. Even Adam and Eve had an apple. Our fair value for GSAT for the year is $3. Think of it this way: you can buy a scratch-off for $2 and maybe win, or you can go with our research with $2 and have a clearer idea of the likely outcome. That could be more money in your pocket.
According to DailyInvestors, that $3 fair value rests on a specific mix of revenue growth, profit margins and a rich future earnings multiple. The key question is which assumptions justify such a sharp gap to today’s price, and how much of the story depends on that Apple partnership and future profitability forecasts.
Result: Fair Value of $3 (OVERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, this bullish story could be challenged if the Apple relationship evolves differently than expected or if Globalstar’s loss of US$19.26 million persists.
Find out about the key risks to this Globalstar narrative.
Next Steps
With mixed signals on valuation and sentiment, the next move is yours. Take a moment to review the full picture, including 2 key rewards and 1 important warning sign.
Looking for more investment ideas?
If Globalstar has you thinking more broadly about your portfolio, now is a good time to widen your research and compare it with other types of opportunities.
- Spot potential value opportunities early by reviewing our list of 48 high quality undervalued stocks, built from companies that currently screen as attractively priced on key fundamentals.
- Prioritise balance sheet strength by scanning the solid balance sheet and fundamentals stocks screener (42 results), focused on businesses that pair financial resilience with solid underlying metrics.
- Hunt for off-the-radar potential by checking the screener containing 26 high quality undiscovered gems, a collection of lesser known names that clear quality and fundamentals filters.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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