Globalstar, Inc. (GSAT) Stock Price & How to Invest

Globalstar, Inc. is a satellite communications company that operates a low-earth-orbit satellite constellation and holds licensed wireless spectrum, most notably Band 53 (and its 5G variant n53) in the United States. Its business changed dramatically after it became the satellite operator supporting Apple's satellite-based features, including Emergency SOS, on iPhones. Under its partnership agreements, Apple funds a large share of new satellite and ground infrastructure and pays Globalstar for capacity and services, which turned a long-struggling company into one with fast-growing, more predictable revenue. Globalstar also pursues terrestrial uses of its spectrum, including private 5G networks through its XCOM RAN technology aimed at industrial and enterprise customers.

The defining event of 2026 is Amazon's agreement to acquire Globalstar. Announced in April 2026, the definitive merger agreement values Globalstar at roughly $10.9 billion, with stockholders able to elect either about $90 per share in cash or 0.3210 shares of Amazon stock (with the stock value capped near $90), subject to a limit on how much of the total can be paid in cash. The deal is expected to close in 2027 and remains subject to regulatory approvals, satellite milestones, and other conditions, so the stock has traded at a discount to the offer price reflecting deal risk and timing. Operationally, Globalstar reported first-quarter 2026 revenue of about $70.1 million, up roughly 17% year over year, as the Apple-driven services business continued to grow. For investors, the practical reality is that GSAT now trades primarily on the odds and timing of the Amazon transaction closing rather than on quarter-to-quarter fundamentals.

The central risk is deal risk: GSAT's price is tied to Amazon's pending acquisition closing near $90 per share, and if the deal is delayed, repriced, or blocked by regulators, the stock could fall toward its standalone value. The transaction is not expected to close until 2027 and is subject to approvals, satellite milestones, and a potential price adjustment, so timing and terms are uncertain. Only a portion of the consideration can be taken in cash, and the stock-election value is capped, which adds complexity. If the deal breaks, investors are left holding a capital-intensive satellite operator concentrated on a single anchor customer relationship with Apple, exposed to competition from other satellite-to-device efforts. As with any merger-arbitrage situation, the downside if the deal fails can be larger than the remaining upside to the offer.

3 analysts publish price targets on GSAT, averaging $90.00 against a $83.38 price as of August 2026, or +7.9%. The published targets run from $90.00 to $90.00, a narrow spread, and the ratings split 2 buy, 1 hold, 0 sell. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full GSAT forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Globalstar, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. The pending Amazon acquisition. The dominant driver is Amazon's April 2026 agreement to acquire Globalstar for roughly $10.9 billion, offering about $90 per share in cash or Amazon stock. The most optimistic published target, $90.00, assumes this works close to its best case.

The case against. The central risk is deal risk: GSAT's price is tied to Amazon's pending acquisition closing near $90 per share, and if the deal is delayed, repriced, or blocked by regulators, the stock could fall toward its standalone value. The most pessimistic target, $90.00, is roughly what GSAT is worth if this bites instead.

Read the full bull and bear case on GSAT, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Globalstar, Inc.'s investor relations page or your broker.

• Situation: Trades as a merger-arbitrage play on Amazon's pending acquisition
• Announced deal value: ~$10.9 billion; roughly $90 per share in cash or Amazon stock (April 2026 agreement)
• Expected close: 2027, subject to regulatory approval and deal conditions
• Revenue: Growing; ~$70.1 million in Q1 2026, up ~17% year over year
• Business: Satellite operator behind Apple's satellite features; holds Band 53/n53 spectrum
• Market cap: Large-cap-scale given the deal value; check live market cap and price versus the ~$90 offer

Figures are approximate, tied to the Jul 2026 as-of date, and reflect the announced Amazon merger and Q1 2026 reporting; verify live numbers and deal status before acting. Because GSAT trades mainly on the Amazon transaction, conventional valuation multiples matter less than the spread between the current price and the roughly $90 offer, the probability of the deal closing, and the expected timing into 2027. Always confirm the latest deal terms and price directly.

If you want GSAT exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

Other names that sit close to GSAT: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get GSAT exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (WARP, UFO), which spreads the position across many companies. Or build it into a focused thematic portfolio, so GSAT sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where GSAT fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Globalstar is a satellite operator with a marquee Apple relationship and valuable spectrum, but as of 2026 it is defined by Amazon's pending ~$90-per-share acquisition. The stock now behaves like a merger-arbitrage play, where the key variables are deal completion, regulatory approval, and timing rather than day-to-day operations.

Whether GSAT is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GSAT a buy or a sell?, and where the stock could go from here in the GSAT stock forecast.

For income investors, whether GSAT pays a dividend and how the payout looks is covered in does GSAT pay a dividend? And to weigh GSAT against a peer, read the full side-by-side comparisons: GSAT vs ASTS and GSAT vs IRDM.