Long
GSAT uplisting to Nasdaq and Apple
Globalstar ($AMEX:GSAT) is positioned to lead the charge in satellite-enabled 5G and IoT connectivity. With a transformative Apple partnership, Band n53 spectrum dominance, and a Nasdaq uplisting on the horizon, this stock offers high-conviction long-term potential.
Key Catalysts:
1. Apple Partnership:
• Apple’s $1.7B investment includes a 20% equity stake in GSAT’s satellite network.
• GSAT powers iPhone SOS and will enable Ultra Watch connectivity in 2025.
• This collaboration isn’t just a milestone—it’s a foundation for long-term revenue streams.
2. Band n53 Spectrum Advantage:
• GSAT owns the globally licensed Band n53, ideal for private 5G networks and IoT applications.
• High-margin leases generate predictable, recurring revenue.
• Already in use by a major global retailer—Band n53 is critical for connected industries like logistics and automation.
3. Nasdaq Uplisting (Q1 2025):
• Uplisting to the Nasdaq Global Select Market will attract institutional investors, boosting visibility and liquidity.
• Reverse stock split ensures compliance while positioning GSAT as a credible growth stock.
4. Financial Growth:
• Revenue is projected to grow from $223M in 2024 to $495M+ in 2025 (+100% YoY).
• Improving EBITDA margins signal strong operational execution.
Technical Analysis:
Current Price: $1.95
• Support Levels: $1.95 (current), $1.63 (long-term safety net).
• Resistance Levels: $2.73 (mid-term breakout), $4.50 (analyst target).
Momentum Indicators:
• MACD suggests consolidation near support, with room for upside as fundamentals align with technicals.
• Price action near $2.73 could confirm the next leg of the rally.
Analyst Price Targets:
• 1-Year Target: $4.50 (Avg), $5.00 (Max).
• Upside: +131% to +157% from current levels.
Why This Matters:
• GSAT is a rare opportunity to invest in satellite-enabled 5G, IoT, and private networks.
• Backed by Apple, GSAT’s future is tied to the expanding need for global connectivity across industries.
• With a Nasdaq uplisting imminent, GSAT is ready to attract institutional capital and drive long-term shareholder value.
Key Risks:
1. Reliance on Apple for growth.
2. Execution risks in scaling the Band n53 spectrum and delivering revenue growth.
3. Retail sentiment post-reverse split could create short-term volatility.
Conclusion:
Globalstar Inc. ($AMEX:GSAT) isn’t just a satellite company—it’s a long-term growth story with a pivotal role in the future of connectivity and IoT.
This is a multi-year play with high upside potential for investors looking to capitalize on the satellite-enabled 5G revolution.
Targets: $4.50–$5.00+
Key Catalysts:
1. Apple Partnership:
• Apple’s $1.7B investment includes a 20% equity stake in GSAT’s satellite network.
• GSAT powers iPhone SOS and will enable Ultra Watch connectivity in 2025.
• This collaboration isn’t just a milestone—it’s a foundation for long-term revenue streams.
2. Band n53 Spectrum Advantage:
• GSAT owns the globally licensed Band n53, ideal for private 5G networks and IoT applications.
• High-margin leases generate predictable, recurring revenue.
• Already in use by a major global retailer—Band n53 is critical for connected industries like logistics and automation.
3. Nasdaq Uplisting (Q1 2025):
• Uplisting to the Nasdaq Global Select Market will attract institutional investors, boosting visibility and liquidity.
• Reverse stock split ensures compliance while positioning GSAT as a credible growth stock.
4. Financial Growth:
• Revenue is projected to grow from $223M in 2024 to $495M+ in 2025 (+100% YoY).
• Improving EBITDA margins signal strong operational execution.
Technical Analysis:
Current Price: $1.95
• Support Levels: $1.95 (current), $1.63 (long-term safety net).
• Resistance Levels: $2.73 (mid-term breakout), $4.50 (analyst target).
Momentum Indicators:
• MACD suggests consolidation near support, with room for upside as fundamentals align with technicals.
• Price action near $2.73 could confirm the next leg of the rally.
Analyst Price Targets:
• 1-Year Target: $4.50 (Avg), $5.00 (Max).
• Upside: +131% to +157% from current levels.
Why This Matters:
• GSAT is a rare opportunity to invest in satellite-enabled 5G, IoT, and private networks.
• Backed by Apple, GSAT’s future is tied to the expanding need for global connectivity across industries.
• With a Nasdaq uplisting imminent, GSAT is ready to attract institutional capital and drive long-term shareholder value.
Key Risks:
1. Reliance on Apple for growth.
2. Execution risks in scaling the Band n53 spectrum and delivering revenue growth.
3. Retail sentiment post-reverse split could create short-term volatility.
Conclusion:
Globalstar Inc. ($AMEX:GSAT) isn’t just a satellite company—it’s a long-term growth story with a pivotal role in the future of connectivity and IoT.
This is a multi-year play with high upside potential for investors looking to capitalize on the satellite-enabled 5G revolution.
Targets: $4.50–$5.00+
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.