Últimas noticias sobre Globalstar (NASDAQ:GSAT) Bolsa

Globalstar

Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. It has one reportable segment: MSS business. The company generates the vast majority of its revenue within the United States.

Globalstar Inc

On Tuesday, 5G semiconductor solutions supplier GCT Semiconductor Holding Inc and Globalstar, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) announced a partnership to develop two-way satellite messaging systems for Globalstar&#8217;s <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/b44106080/gct-semiconductor-and-globalstar-partner-to-develop-iot-modules-for-two-way-satellite-cellular-and" rel="noreferrer noopener">mobile devices and modules</a>.
Globalstar recently announced that the RM200M product will use GCT&#8217;s IoT chip, GDM7243i.
Future products will support Globalstar&#8217;s satellite network using GCT&#8217;s 4G LTE chip, GDM7243SL, and 5G IoT-enabled chipset.
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Globalstar VP Alex Katko said GCT&#8217;s GDM7243i is a top choice for narrowband IoT applications, including trackers and satellite GPS devices. He added that the narrowband and low-power capability of GDM7243i, alongside the flexible multi-mode GDM7243SL, will enable Globalstar devices and modules to fully connect and seamlessly switch between cellular and satellite networks worldwide.
In January, Apple Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) tapped&nbsp;SpaceX&nbsp;to support the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/contracts/25/01/43311428/why-globalstar-stock-is-tumbling-wednesday" rel="noreferrer noopener">iPhone Starlink satellite network</a>. Apple already offers a satellite service through its collaboration with Globalstar.
Globalstar reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b44025320/globalstar-announces-2024-financial-results" rel="noreferrer noopener">fourth-quarter revenue</a> of $61.18 million, up 17%, missing the analyst consensus estimate of $62.43 million. Adjusted EPS loss of $(0.20) missed the analyst consensus loss estimate of $(0.02). The company reiterated fiscal 2025 revenue of $260 million-$285 million compared to analyst consensus estimate of $279.59 million.
Price Action: GSAT stock is down 2.56% at $20.40 at the last check Tuesday.
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News

Tech

AAPL

GSAT

Apple Partner Globalstar Teams Up With GCT Semiconductor to Power Satellite Messaging with IoT Chips

Contracts

GCTS

GCT Semiconductor And Globalstar Enters Strategic Partnership To Develop IoT Modules For Two-Way Satellite, Cellular And Band 53 Connectivity

Craig-Hallum analyst George Sutton maintains Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) with a Buy and lowers the price target from $75 to $45.

Price Target

Analyst Ratings

Craig-Hallum Maintains Buy on Globalstar, Lowers Price Target to $45

WIIM

Globestar shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) sees FY2025 sales of $260.000 million-$285.000 million vs $263.03 million analyst estimate.

Guidance

Globalstar Sees FY2025 Sales $260.000M-$285.000M vs $263.03M Est

Globalstar (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#AMEX">GSAT</a>) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $(0.03) by 566.67 percent. This is a 33.33 percent decrease over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $61.18 million which beat the analyst consensus estimate of $60.24 million by 1.56 percent. This is a 16.73 percent increase over sales of $52.41 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Globalstar Q4 Adj EPS $(0.20) Misses $(0.03) Estimate, Sales $61.18M Beat $60.24M Estimate

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Earnings Scheduled For February 27, 2025

Globalstar shares are trading higher after the company announced the launch of a two-way satellite IoT solution via its LEO constellation. Also, Morgan Stanley maintained an Equal-Weight rating on the stock and raised its price target form $14.85 to $25.

Morgan Stanley analyst Simon Flannery maintains Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) with a Equal-Weight and raises the price target from $14.85 to $25.

Morgan Stanley Maintains Equal-Weight on Globalstar, Raises Price Target to $25

Globalstar Announces The Launch Of A Two-Way Satellite IoT Solution Via Its LEO Constellation

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Shares of companies in the broader communication sector are trading lower amid overall market weakness on US consumer and economic concerns.

B. Riley Securities analyst Mike Crawford maintains Globalstar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NASDAQ">GSAT</a>) with a Buy, adjusts target to $60 from $4 (1-15 Reverse Stock Split)

B. Riley Securities Maintains Buy on Globalstar, Adjusts Price Target To $60 from $4 (1-for-15 Reverse Stock Split)

Trading Halt: Halt status updated at 9:40:00 AM ET: Quotation Resumption: New Issue Available

Globalstar shares are trading higher after MDA Space signed a definitive contract with the company to be the prime contractor for the satellite operator's next generation low Earth orbit constellation.

SPACE

General

MDA Space Has Signed A Definitive Contract With Globalstar To Be The Prime Contractor For The Satellite Operator's Next-Generation Low Earth Orbit Constellation, With A Total Contract Value Of Approximately $1.1B

Globalstar shares are trading lower after the company announced a 1-for-15 reverse stock split.

Globalstar Transfers To Nasdaq Global Select Market; Company To Implement A 1-for-15 Reverse Stock Split Effective February 11, 2025

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)</h3>
<ul>
<li>On Dec. 6, 2024, AMC announced a sales agreement for up to 50 million class A shares of common stock. The company' stock fell around 19% over the past month and has a <a href="https://www.benzinga.com/quote/AMC">52-week low of $2.38</a>.</li>
<li>RSI Value: 28.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>AMC Price Action: Shares of AMC fell 2.7% to close at $3.21 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1">AMC news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="917" height="831" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055449/image-251.png" alt="" class="wp-image-757740" style="width:620px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055449/image-251.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055449/image-251-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055449/image-251-768x696.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
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<li>On Jan. 22, Electronic Arts reported preliminary financial results for the third quarter. EA said it previously anticipated mid-single-digit growth in live services net bookings, but now projects a mid-single-digit decline largely due to a slowdown in Global Football. The Global Football franchise experienced a slowdown in the quarter as early momentum faded, the company said. Separately, Dragon Age only engaged approximately 1.5 million players during the quarter, about 50% lower than the company's expectations. The company's stock fell around 20% over the past month and <a href="https://www.benzinga.com/quote/EA">has a 52-week low </a>of $115.21.</li>
<li>RSI Value: 17.9</li>
<li>EA Price Action: Shares of Electronic Arts gained 0.5% to close at $117.10 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the t<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1">rend in EA stoc</a>k. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055142/image-248.png" alt="" class="wp-image-757728" style="width:578px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055142/image-248.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055142/image-248-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055142/image-248-768x705.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Globalstar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NYSE">GSAT</a>)</h3>
<ul>
<li>On Jan. 21, Globalstar said it intends to voluntarily delist from NYSE American and transfer to Nasdaq. The company has a 52-week <a href="https://www.benzinga.com/quote/GSAT">low of $1.00</a>.</li>
<li>RSI Value: 26</li>
<li>GSAT Price Action: Shares of Globalstar fell 17.8% to close at $1.57 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1">GSAT share</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent013025&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="872" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055004/image-247.png" alt="" class="wp-image-757726" style="width:631px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055004/image-247.png 872w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055004/image-247-300x288.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/30055004/image-247-768x737.png 768w" sizes="(max-width: 872px) 100vw, 872px" /></a></figure>
Read This Next:<a href="https://www.benzinga.com/25/01/43300989/jim-cramer-this-industrial-stock-is-absolutely-terrific-first-solar-is-very-inexpensive"> </a>
<ul>
<li><a href="https://www.benzinga.com/25/01/43300989/jim-cramer-this-industrial-stock-is-absolutely-terrific-first-solar-is-very-inexpensive">Jim Cramer: This Industrial Stock Is &#8216;Absolutely Terrific&#8217;, First Solar Is &#8216;Very Inexpensive&#8217;</a></li>
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Globalstar shares are trading lower following Apple's latest iPhone update, which supports SpaceX's Starlink service.

Press Releases

Globalstar Transfers to Nasdaq Global Select Market

MDA SPACE SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION

Globalstar Rang Nasdaq Opening Bell on February 11, 2025

Globalstar Receives 2024 IoT Excellence Award

Comtech Appoints David B. Kagan to its Board of Directors

Globalstar Showcasing Industry Leading Products, Speaking Live at Mobile World Congress Barcelona

Globalstar, Inc. Earnings Release and Call Notice

Globalstar Announces Two-Way Satellite IoT Solution

Globalstar Announces 2024 Financial Results

GCT Semiconductor and Globalstar Partner to Develop IoT Modules for Two-Way Satellite, Cellular and Band 53 Connectivity

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