Should I buy Globalstar stock in 2025? NZ Analysis

What is Globalstar?

What is the price of Globalstar stock?

The price of Globalstar stock is rising this week. Globalstar (GSAT) is currently trading at $18.71 USD, showing a 1.01% drop over the last 24 hours but up 2.18% for the week.

The company holds a market capitalization of $2.39 billion, with a 3-month average daily volume of 627,680 shares. No P/E ratio is available as the company is not currently profitable, and it does not pay a dividend. The stock’s beta stands at 0.87, indicating lower volatility compared to the broader market.

Investors in New Zealand may find Globalstar’s moderate volatility and exposure to strategic partnerships, like with Apple, create potential opportunities—though price swings remain possible.

Our full analysis of the Globalstar stock

Having thoroughly examined Globalstar's most recent quarterly financial results alongside its distinctive price action over the past three years, our analysis leverages a proprietary blend of quantitative metrics, technical signals, and cross-sector benchmarking, all calibrated for a technology-driven equity environment. By systematically integrating up-to-date market data and a granular competitor review, our approach seeks to pinpoint underlying momentum and forward opportunity. So, why might Globalstar stock once again become a strategic entry point into the global satellite communications arena heading into 2025?

Recent Performance and Market Context

Globalstar (NASDAQ: GSAT), currently trading at $18.71 (as of 30 May 2025), stands out for its resilience despite sector volatility and shifting macroeconomic currents. Over the past twelve months, the stock has climbed 13.39%, outperforming many peers in communications technology, even after a six-month correction of -36.03% and a year-to-date retracement of -39.74%. Notably, the stock is rebounding from its 52-week low of $15.00, with trading momentum firming above this key level in recent weeks.

The catalyst driving this relative strength is multi-layered:

• Strategic Partnerships: Apple’s landmark $1.5 billion investment (November 2024), reflecting a 20% equity stake and direct financing for a next-generation satellite constellation, has transformed Globalstar’s strategic profile. The Apple partnership injects not only capital but also validation, positioning Globalstar as an indispensable player in satellite-enabled iPhone connectivity.
• Sector Tailwinds: The satellite communications sector continues to benefit from surging demand for real-time connectivity—critical for low-earth orbit (LEO) service providers—further supported by exponential Internet of Things (IoT) activity and the expansion of mobile broadband in underserved markets.
• Market Recovery Themes: Macro factors, including an improving risk appetite, renewed infrastructure focus, and regulatory support for innovation, have bolstered sentiment toward growth-oriented technology equities. With a five-year beta of 0.87, Globalstar’s risk profile is less volatile than many high-growth tech names, offering NZ investors a calculated exposure to global communications technology.

In summary, despite some near-term retracement, Globalstar’s positioning within these robust macro and sector trends seems to justify renewed institutional and private investor interest.

Technical Analysis

From a technical standpoint, Globalstar’s current chart structure exhibits several features that signal an inflection point for entry-oriented investors:

• Relative Strength Index (RSI): At 42.21, the 14-day RSI sits just below neutral, indicating the stock is neither overbought nor oversold. This neutral position frequently serves as a lead-up to renewed accumulation, especially as large-scale catalysts (such as product launches or partnership announcements) approach.
• MACD: The current value of -0.44 reveals subdued bearish momentum. As the moving average convergence-divergence narrows, trend reversals can emerge, particularly when supported by fresh fundamental news.
• Moving Averages: With the 50-day moving average at $20.70 and the 200-day at $22.34, Globalstar’s price is consolidating just below these resistance levels following an April 2025 “death cross." However, this sharp contraction also means the stock may be bottoming out, especially now that volume is stabilizing around its support base.
• Key Levels: The 52-week support at $15.00 is proving robust, while the $19.21–$22.34 range (anchored by technical resistances) represents the next critical test. Should the stock reclaim and consolidate above these levels, the medium-term technical structure would pivot decisively bullish.

Taken together, the confluence of support stabilization, neutral RSI, and the possibility of a momentum reversal suggest Globalstar is positioned for a potential bullish re-rating, especially for investors seeking asymmetric risk-reward at sector inflection points.

Fundamental Analysis

Globalstar’s recent Q1 2025 report confirms both steady top-line growth and expanding sector relevance:

• Revenue Trajectory: Quarterly revenue reached $60.0 million, up 6% year-on-year, with services revenues climbing 6.7%. Forward guidance targets 2025 revenue in the $260–285 million range, a meaningful improvement over $253.9 million in 2024.
• Profitability Trends: While the company is not yet profitable (net loss of $17.33 million in Q1 and -$0.61 TTM EPS), operating leverage is increasing, with a guided adjusted EBITDA margin of ~50%. This signals disciplined cost control as scale effects unlock further profitability, a common pathway for high-growth tech infrastructure plays.
• Valuation Metrics: The price-to-sales (P/S) ratio of 9.29 and price-to-book (P/B) of 6.88 remain fairly valued for a firm in the early innings of transformative growth, especially considering its unique market positioning and partnership-driven expansion. Consensus analyst targets average $52.50 (range: $45.00–$60.00), implying significant upside relative to current levels.
• Structural Strengths:
• Innovation Pipeline: The near-term launch of bidirectional IoT satellite solutions, coupled with FCC-filing of a new LEO constellation, reinforces Globalstar’s technological edge.
• Market Share and Brand: The deep strategic connection with Apple, alongside growing commercial IoT and emergency services reach, cements Globalstar’s brand as a partner-of-choice for both mass-market and enterprise satellite connectivity.
• Operational Scale: The $1.1 billion in Apple-backed satellite infrastructure investments and enhanced network control center provide the necessary scale for sustained future cash flow growth.

In aggregate, these elements not only justify a premium valuation, but also highlight Globalstar’s capacity to outpace sector benchmarks as the global satellite communications market rapidly expands.

Volume and Liquidity

Trading liquidity and float dynamics further favor Globalstar’s re-rating:

• Average Daily Volume: At 467,580 shares (recent) and a three-month average of 627,680 shares, liquidity is robust—well suited for active institutional activity and larger retail allocations.
• Market Capitalization and Float: With a $2.392 billion market cap and a public float of roughly 49.8 million shares, Globalstar’s free float is dynamic enough to enable significant price discovery, yet not so large as to dilute the impact of incoming demand tied to new catalysts.
• Cash on Hand: The $241.41 million cash position provides operational runway, supporting R&D, capex, and future partnership initiatives without imminent dilutive financing risk.

Healthy trading volumes combined with a focused float often presage swift re-ratings when positive catalysts materialize—a key consideration for NZ investors seeking growth exposure in dynamic, liquid names.

Catalysts and Positive Outlook

Looking ahead, Globalstar’s forward momentum is anchored by a powerful suite of near- and medium-term catalysts:

• Apple-Driven Expansion: Integration of satellite connectivity for future-gen iPhones remains a singularly powerful driver—not just for user adoption but as a scalable recurring revenue stream. As Apple expands its installed base, Globalstar’s reach grows commensurately.
• New Product Commercialisation: The mass launch of bidirectional IoT satellite solutions (Q2 2025) taps into rapidly growing markets: enterprise asset tracking, remote monitoring, agricultural technology, and logistics. This opens sustainable, diverse revenue pathways well beyond consumer smartphones.
• Next-Generation Constellation and Regulatory Approvals: FCC filings and ongoing infrastructure rollout, enabled by the $1.1 billion capital infusion, reinforce both technical leadership and first-mover advantage versus competitors.
• Wholesaling and Capacity: A marked 18% year-on-year jump in wholesale satellite capacity signals strong demand from partner networks, further fueling top-line growth and improved network utilization.
• ESG and Resilience: Services enabling emergency connectivity and disaster management score highly on ESG criteria—content increasingly critical both to investors and regulators.

Sector-wise, satellite communications are enjoying unprecedented policy support and investment trends, particularly in the context of global digital equity, reliable emergency services, and IoT expansion. These structural shifts create a sustained runway for Globalstar’s core business and associated revenue streams.

Investment Strategies

For those evaluating entry points, Globalstar presents several compelling approaches across time horizons:

• Short-Term:
• Tactical Positioning at Support: With the share price consolidating just above the $15.00 support and signs of momentum stabilization, the current zone offers a potential springboard for near-term technical rallies, especially if accompanied by positive newsflow (product launches, new contracts).
• Event-Driven Catalysts: The coming quarters are rife with scheduled workflow—mass production of IoT devices, further Apple ecosystem integration, and possible new partnership announcements.
• Medium-Term:
• Momentum Reversal Potential: As RSI and MACD indicators converge at neutral/bottoming levels, structural breakouts above the $19.21–$22.34 band could spur new medium-term uptrends.
• Valuation Gap: Analyst consensus implies a doubling or even tripling from current levels, indicating ample catch-up potential as fundamental progress is priced in.
• Long-Term:
• Strategic Compounder: For investors seeking exposure to structural trends—space infrastructure, IoT, and mobile satellite growth—Globalstar offers a credible play on multi-year innovation themes. As EBITDA margin expansion takes hold and new revenue streams mature, the company may transform from emerging player to sector mainstay.
• Buy-and-Hold Opportunity: With Apple’s ongoing partnership and continued infrastructure expansion, Globalstar is well placed for multi-year value creation.

In sum, the present technical setup (consolidation at long-term support) and expanding fundamental growth levers seem to favor fresh positioning—especially for those who prize asymmetric reward in dynamic technology ecosystems.

Is It the Right Time to Buy Globalstar?

To synthesize: Globalstar exhibits a rare convergence of strong strategic partnerships, accelerating innovation, and positive technical signals at a potentially early turning point in its growth curve. The company’s alliances, especially with Apple, position it uniquely within a high-barrier, rapidly expanding satellite communication segment. Despite recent share price volatility and ongoing operating deficits, the forward revenue guidance, scalable business model, and robust liquidity all reinforce the thesis for renewed optimism. With technical momentum stabilizing and market sentiment constructive, Globalstar seems to represent an excellent opportunity for NZ investors seeking exposure to cutting-edge global technology infrastructure and digital transformation trends.

For those with a conviction in the evolution of connected technology—and a desire to participate in the growth of a pivotal player in the satellite communications renaissance—Globalstar deserves to be monitored closely at this juncture. The upcoming quarters are likely to provide defining catalysts, bolstering the case for those evaluating a fresh or expanded position in this uniquely positioned global tech stock.

How to buy Globalstar stock in New Zealand?

Buying Globalstar shares online as a New Zealand investor is simple, secure and accessible thanks to regulated brokers. Whether you want to own the shares directly or trade on price movements, you can do so from your computer or smartphone. The two main methods are spot buying (also called cash buying), which gives you direct ownership, and CFDs (Contracts for Difference), which allow you to speculate with leverage but without owning the shares. Below, you’ll find a detailed comparison of brokers for NZ investors to help you choose the right platform.

Spot buying

Spot (or cash) buying means purchasing Globalstar shares outright via your brokerage account. You become the legal owner of the shares, typically with voting rights and eligibility for any potential dividends. In New Zealand, most online brokers charge a fixed commission per US share trade—commonly around NZD $5–$15 per order.

Example

Suppose Globalstar (GSAT) is trading at USD $18.71 (approx. NZD $30.50, using an exchange rate of 1 USD ≈ 1.63 NZD). With a NZD $1,000 investment, you can buy about 32 Globalstar shares ($1,000 / $30.50 = 32.7), taking into account a NZD $5 brokerage fee.

Gain scenario: If Globalstar’s share price rises by 10%, your holding is worth NZD $1,100.
Result: You make a gross gain of NZD $100, or +10% on your investment (excluding currency variations and taxes).

Trading via CFD

CFD trading lets you speculate on Globalstar’s price direction without actually owning the shares. With CFDs, you can use leverage (magnifying both gains and losses), and you only need to commit a fraction (“margin”) of the total trade size. Fees usually consist of the spread (the difference between buy and sell prices) and an overnight financing cost if your position remains open past one day.

Example

You invest NZD $1,000 on a CFD in Globalstar, using 5x leverage. This gives you exposure to NZD $5,000 worth of shares.

Gain scenario: If Globalstar’s price rises by 8%, your position earns 8% × 5 = 40%.
Result: You gain NZD $400 on your NZD $1,000 margin (before fees or possible overnight costs).

Final advice

Before investing, always compare brokers’ fees, trading platforms and available features—costs and service levels can vary significantly. Your choice between share ownership (spot) and leveraged trading (CFDs) should depend on your risk appetite, investment horizon and financial objectives. For precise comparisons, refer to the broker comparison table further down this page. Always remember to invest according to your personal goals and risk tolerance.

Our 7 tips for buying Globalstar stock

The latest news about Globalstar

Globalstar shares advanced 2.18% over the past week, outperforming broader sector indices. This positive short-term momentum contrasts with recent six-month underperformance, yet signals renewed investor confidence—potentially reflective of ongoing optimism regarding key partnerships and upcoming technological launches. While no New Zealand–specific trading data is provided, such relative outperformance has historically captured the interest of NZ-based global small-cap and satellite industry investors looking for turnaround plays in US-listed technology stocks.

Globalstar reaffirmed its 2025 revenue guidance of $260–285 million and an adjusted EBITDA margin near 50%, despite a Q1 revenue slight miss. With Q1 revenue up 6% to $60 million and service revenues growing 6.7% year-on-year, management’s reiteration of full-year guidance was viewed positively by analysts. This guidance underpins forecasts for stable to robust growth and could indicate resilience in the company’s business model, which is particularly relevant to NZ institutional investors targeting stable cash flows from tech-enabled infrastructure stocks with global reach.

The Apple partnership, including a capital injection and development for a new satellite constellation, remains a central catalyst. Apple’s $1.5 billion commitment—including direct equity and new technology investments—continues to support Globalstar’s financial position and strategic roadmap. This arrangement enables ongoing expansion of satellite connectivity services, crucial for future iPhone features, and may indirectly benefit consumers and technology businesses in New Zealand given the widespread adoption of Apple devices locally and increasing demand for seamless emergency and connectivity services in Oceania.

Globalstar’s imminent commercial launch of a two-way satellite IoT offering and operational upgrades signal accelerating technological leadership. The company is set to begin mass production of its bi-directional IoT satellite solution in Q2 2025, aligned with new ground infrastructure developments. Such expansion into advanced IoT connectivity could attract logistics, natural resources, and safety sector clients—industries vital to New Zealand’s export economy—potentially prompting future local partnerships or pilot deployments.

Analyst consensus remains “Moderate Buy” to “Strong Buy” with a target price significantly above current market levels. Despite technical indicators, such as a “death cross” and prevailing negative trend over six months, market sentiment among professional analysts is constructive, with price targets averaging $52.50 (current price $18.71). This valuation gap, supported by confirmed institutional engagement and a perspective on structural industry growth, may appeal to NZ-based investors seeking medium-term exposure to global satellite trends, especially where diversification beyond Australasia is a strategic priority.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.