GET DAILY SIGNALSWhy Is Globalstar (GSAT) Stock Up +15% Today?
Key Takeaways
- Shares of GSAT are surging approximately +15% intraday on March 25, 2026, following a prior session close of $61.09
- The primary catalyst is a fresh analyst note from Scotiabank highlighting Globalstar's direct-to-device satellite connectivity bypassing cellular towers — most notably in Mexico — reinforcing the company's next-generation infrastructure thesis
- Additional tailwinds include a cluster of bullish analyst commentary affirming confidence in Globalstar's Apple partnership and spectrum assets
- The broader satellite and space sector is attracting renewed investor interest, providing a favorable backdrop for the move
- Traders are monitoring Globalstar's C-3 satellite constellation launch timeline and any updated communication from Apple regarding expanded iPhone satellite features
- Volume is tracking well above average, suggesting broad-based institutional and retail participation in the session
Opening Summary
Globalstar, Inc. (GSAT) is a Covington, Louisiana–based next-generation telecommunications infrastructure provider that operates a low Earth orbit (LEO) satellite constellation delivering mobile satellite services, IoT connectivity, and direct-to-device communications globally. The company is best known for powering Apple's emergency satellite messaging features on iPhones and is actively building out its third-generation C-3 satellite network backed by over $2 billion in Apple investment.
On March 25, 2026, shares of GSAT are trading up approximately 15% intraday, with the previous session's closing price standing at $61.09. The move is broad and accelerating, driven by a convergence of analyst commentary and renewed enthusiasm for Globalstar's role in the fast-evolving satellite-to-phone connectivity market.
Scotiabank's Direct-to-Device Catalyst
The most immediate catalyst appears to be a Scotiabank research note circulating Wednesday morning, which highlighted Globalstar's satellite technology successfully bypassing cellular towers to communicate directly with mobile users — specifically citing deployments in Mexico. The note underscored how Globalstar's licensed Big LEO spectrum bands are already operational for direct-to-device communications in markets where terrestrial tower coverage remains limited or unreliable.
This type of direct-to-device (D2D) capability has been the single most important commercial differentiator for GSAT in recent quarters, and new evidence of real-world, in-market functionality appears to be reigniting institutional conviction. Analysts tracking the satellite sector see this as validation that Globalstar's network buildout is progressing toward commercial scale — not just as an Apple emergency feature but as a broader connectivity platform.
Analyst Sentiment and Upgrade Cycle
Beyond Scotiabank, multiple Wall Street desks have issued bullish commentary on GSAT in recent sessions. Analysts at firms including Craig-Hallum have maintained Buy ratings with price targets above current levels, and sentiment across coverage has shifted decisively positive heading into 2026. Clear Street initiated GSAT coverage with a Buy rating and a $66 price target earlier this year, while other desks have pointed to Apple's multi-billion-dollar commitment as a structural de-risking of the business model.
The consensus view is that Globalstar's spectrum assets — particularly its Band 53/n53 terrestrial reuse rights — represent underappreciated optionality, with XCOM Radio Access Network commercial traction adding another revenue vector that most models have yet to fully incorporate.
Apple Partnership and C-3 Constellation Progress
A key long-term driver continuing to support GSAT is the depth of its Apple relationship. Apple has invested roughly $2 billion in Globalstar over the past three years and has dedicated approximately 85% of Globalstar's network capacity to iPhone satellite services. Apple has also publicly outlined plans to expand satellite capabilities within Apple Maps and enable photo sharing over iMessage without a cellular signal, both dependent on Globalstar's infrastructure.
On the infrastructure front, Globalstar's C-3 satellite constellation — a 48-satellite system supported by up to 90 new ground antennas across 25 countries — is progressing. MDA Space is manufacturing the satellites, with the first 17 replenishment satellites expected to launch in 2026. An updated FCC filing confirmed the constellation is on track, and ground station expansions in Brazil, Japan, and elsewhere are already underway.
Market Context and Trading Activity
Volume for GSAT is running significantly above its average daily range, pointing to elevated conviction behind the session's move rather than a low-volume drift. The satellite and space communications sector has been a strong theme in 2026, with broader enthusiasm around SpaceX developments, FCC spectrum policy, and the global push toward non-terrestrial network (NTN) connectivity standards.
The broader communication services sector is trading constructively, and GSAT's breakout aligns with the stock pushing above near-term resistance near $62–$63, a level that had capped rallies in recent sessions. The 50-day moving average remains above the 200-day moving average — a bullish "golden cross" configuration — suggesting the technical backdrop is supportive of further upside attempts.
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What Comes Next for GSAT
Looking ahead, traders and investors in GSAT will be watching several near-term developments closely. The next major scheduled milestone is the launch of the first 17 C-3 replenishment satellites, expected sometime in 2026, potentially as early as Q2. Any FCC approval or delay on the full C-3 constellation license will likely move the stock significantly in either direction.
On the earnings calendar, Globalstar has already reported Q4 2025 results (showing a 9% revenue increase year-over-year and guiding for $280–$305 million in 2026 revenue), and the company is projecting a 50% increase in adjusted EBITDA by the end of 2026. Analysts will be monitoring whether Apple publicly expands its satellite feature set for upcoming iPhone generations, as any announcement in that direction would serve as a direct revenue catalyst for GSAT. Risks include satellite launch delays, regulatory friction in the FCC process, and the competitive threat posed by SpaceX's Starlink, which has been developing satellite designs compatible with the same Apple radio spectrum Globalstar currently uses.
Disclaimer
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Financial writer and active order flow futures trader with a focus on fundamental analysis, macroeconomic factors, and equity research. I make in-depth blogs on stocks and ETFs, bridging the gap between raw market data and real-world trading decisions.
GSAT in +0.19% Uptrend, rising for three consecutive days on October 21, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GSAT advanced for three days, in 193 of 260 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In 166 of 234 cases where GSAT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 42 of 60 cases where GSAT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 70%.
The Momentum Indicator moved below the 0 level on October 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on GSAT as a result. In 73 of 108 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 68%.
The Moving Average Convergence Divergence Histogram (MACD) for GSAT turned negative on October 13, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In 37 of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at 71%.
GSAT moved below its 50-day moving average on October 22, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GSAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.
GSAT broke above its upper Bollinger Band on October 05, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 11 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 41 (best 1 - 100 worst), indicating steady price growth. GSAT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 46 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 89 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: GSAT's P/B Ratio (36.476) is very high in comparison to the industry average of (1.849). GSAT's P/E Ratio (-171.625) is considerably lower than the industry average of (-3.962). Projected Growth (PEG Ratio) (0.270) is also within normal values, averaging (8.005). Dividend Yield (0.000) settles around the average of (0.116) among similar stocks. GSAT's P/S Ratio (37.313) is slightly higher than the industry average of (5.777).
The Tickeron SMR rating for this company is 95 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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General Information
a provider of mobile satellite services
Industry MajorTelecommunications
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