Record annual revenue and mixed technicals — Globalstar stock slips 3.02%

Record annual revenue and mixed technicals — Globalstar stock slips 3.02%
Globalstar slides 3.02% to $60.13 today

Globalstar, Inc. (GSAT) is trading at $60.13, slightly above the MA-20 ($59.74) but just below the MA-50 ($61.43), indicating a neutral to mildly bullish short-term structure while medium-term action is capped by nearby resistance. The price remains substantially above the MA-200 ($42.44), reinforcing long-term bullish support, and the Ichimoku Kijun at $61.22 stands as immediate resistance.

GSAT price prediction
24H 0.37%
$80.71
48H 0.52%
$80.83
7D 0.53%
$80.84
1M -1.67%
$79.07
3M 22.56%
$98.55
6M 166.73%
$214.48
12M 332.56%
$347.82
Current price: $ 80.41 0.4000 0.50%
Closed 06/18
Daily range 79.63 Arrow from to Icon 80.87
Weekly range 79.50 Arrow from to Icon 82.42
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Highlights

  • Globalstar reported record Q4 and full-year 2025 revenue of approximately $72 million, achieving $7.4 million operating income versus a prior-year loss.
  • The company is investing in next-generation satellite and terrestrial connectivity, expanding satellite IoT capabilities, and targeting government-sector activity ahead of XCOM RAN's 2026 debut.
  • GSAT trades at $60.13 with immediate resistance at $61.22 and key support at $59.74, as technicals suggest likely short-term sideways consolidation within a $54.00–$66.00 range.

Record revenue and growth plans weighed by persistent selling pressure

Globalstar reported record fourth-quarter and full-year 2025 annual revenue of approximately $72 million, with $67.4 million from service revenue and $4.6 million from equipment sales. An income from operations of $7.4 million was achieved, reversing an operating loss from the previous year. The company highlighted ongoing investment in next-generation satellite and terrestrial connectivity, progress in satellite IoT capabilities, and government-sector activity, alongside plans to showcase its XCOM RAN operation at Mobile World Congress Barcelona in March 2026, though price action has remained under broader selling pressure.

Globalstar Inc. asset chart
Globalstar Inc. price dynamics. Source: TradingView.

Diverging overbought signals and weakening momentum highlight exhaustion risk

Momentum signals on the daily chart are mixed: MACD and ADX suggest a lack of clear trend, while RSI (52.51) and CCI (57.77) point toward mild buyer interest. Stochastic RSI is neutral, but Bull/Bear Power is in overbought territory (2.48), hinting at current buyer dominance. The session opened lower without a gap and has slipped 3.02%, positioning the price in the lower half of today's range ($58.60 – $61.51) with moderate intraday volatility and evident pressure after the open. This muted momentum and overbought signals diverge, suggesting short-term exhaustion despite recent bullish strength.

High upside probability with sideways bias amid firm bullish trends

For the next five trading days, the expected price range is adjusted to $54.00 – $66.00, keeping movements within a 10% volatility band relative to current levels. There is a very high probability (more than 80%) that the price will increase, while a decrease is less likely, given all weekly trend and momentum indicators remain firmly bullish. The baseline scenario foresees sideways consolidation within the range. A bullish resolution would require a breakout above immediate resistance ($61.22), while a bearish turn would be confirmed if the price closes below the key support at $59.74.

Viktoras Karapetjanc, expert at Traders Union, sees a strong long-term backdrop for Globalstar, with supportive fundamentals and improved operations driving optimism. He notes that momentum is still mixed, but the company's recent revenue record and focus on next-generation satellite technology add conviction for higher prices. Resistance at $61.22 is critical for a breakout, while any drop below $59.74 could change the outlook. "If Globalstar manages to hold above support and overcome immediate resistance, I expect buyers to regain control and the bullish trend to strengthen further."

Previously it was reported that Globalstar, Inc. is trading above its 20- and 200-day moving averages but just below its 50-day, positioning the stock in a medium- to long-term bullish structure with nearby support and resistance levels. Momentum indicators including MACD and ADX remain neutral while RSI and Stoch RSI signal mild upward bias, highlighting short-term indecision as the stock shows moderate volatility amid fading early-session pressure.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
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