Globalstar Inc has a consensus price target of $2.98 based on the ratings of 2 analysts. The high is $5 issued by Craig-Hallum on November 4, 2024. The low is $0.97 issued by Morgan Stanley on May 3, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum, Morgan Stanley, and Craig-Hallum on November 4, 2024, May 3, 2023, and October 31, 2022, respectively. With an average price target of $3.66 between Craig-Hallum, Morgan Stanley, and Craig-Hallum, there's an implied 115.97% upside for Globalstar Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Globalstar (AMEX:GSAT) was reported by Craig-Hallum on November 4, 2024. The analyst firm set a price target for $5.00 expecting GSAT to rise to within 12 months (a possible 195.32% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Globalstar (AMEX:GSAT) was provided by Craig-Hallum, and Globalstar maintained their buy rating.
The last upgrade for Globalstar Inc happened on May 3, 2023 when Morgan Stanley raised their price target to $0.97. Morgan Stanley previously had an underweight for Globalstar Inc.
There is no last downgrade for Globalstar.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globalstar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Globalstar was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Globalstar (GSAT) rating was a maintained with a price target of $4.00 to $5.00. The current price Globalstar (GSAT) is trading at is $1.69, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.