Stock Track | Globalstar Soars 5.30% Intraday on Strong Revenue Growth and IoT Expansion

Stock Track02-27

Globalstar's stock surged 5.30% during intraday trading on Friday, following the release of its fourth quarter and full year 2025 financial results.

The telecommunications provider reported quarterly revenue of $72 million, representing a 17.63% increase year-over-year and beating analyst estimates. While the company reported a net loss for the quarter, its full-year 2025 net loss decreased significantly by 86.2% compared to the previous year. The positive investor sentiment was driven by the company's expansion of two-way satellite Internet of Things (IoT) capabilities, which has opened new addressable markets, and key collaborations in government and defense sectors that supported operational progress.

Furthermore, Globalstar issued optimistic guidance for 2026, projecting total revenue between $280 million and $305 million with an adjusted EBITDA margin of approximately 50%. The company maintains a strong cash position of $447.5 million and has received an average "buy" rating from analysts, with a median 12-month price target suggesting substantial upside potential.

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