$1.29
-0.01[-0.77%]
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Globalstar
(AMEX:GSAT)Globalstar Stock (AMEX:GSAT), Analyst Ratings, Price Targets, Predictions
Globalstar Inc has a consensus price target of $3.07, established from looking at the 3 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Craig-Hallum, and B. Riley Securities on May 3, 2023, October 31, 2022, and June 21, 2021. With an average price target of $3.07 between Morgan Stanley, Craig-Hallum, and B. Riley Securities, there's an implied 138.24% upside for Globalstar Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Craig-Hallum
B. Riley Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Globalstar
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 05/03/2023 | GSAT | Buy Now | Globalstar | $1.29 | -24.81% | Morgan Stanley | Simon Flannery | $1.75 → $0.97 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 10/31/2022 | GSAT | Buy Now | Globalstar | $1.29 | 287.6% | Craig-Hallum | George Sutton | → $5 | Initiates | → Buy | Get Alert |
| 06/21/2021 | GSAT | Buy Now | Globalstar | $1.29 | 151.94% | B. Riley Securities | Mike Crawford | — | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Globalstar (GSAT)?
The latest price target for Globalstar (AMEX: GSAT) was reported by Morgan Stanley on May 3, 2023. The analyst firm set a price target for $0.97 expecting GSAT to fall to within 12 months (a possible -24.81% downside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Globalstar (GSAT)?
The latest analyst rating for Globalstar (AMEX: GSAT) was provided by Morgan Stanley, and Globalstar upgraded their equal-weight rating.
When was the last upgrade for Globalstar (GSAT)?
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.
When was the last downgrade for Globalstar (GSAT)?
There is no last downgrade for Globalstar.
When is the next analyst rating going to be posted or updated for Globalstar (GSAT)?
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 May 3, 2023 so you should expect the next rating to be made available sometime around May 3, 2024.
Is the Analyst Rating Globalstar (GSAT) correct?
While ratings are subjective and will change, the latest Globalstar (GSAT) rating was a upgraded with a price target of $1.75 to $0.97. The current price Globalstar (GSAT) is trading at is $1.29, which is out of the analyst’s predicted range.
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