What did Craig-Hallum change for Globalstar on March 2, 2026?

Craig-Hallum maintained a **Buy** on Globalstar (GSAT) and raised the price target to **$70** on March 2, 2026. The call followed Q4 results and reflects higher confidence in revenue trends and ARPA improvements.

How should investors interpret the GSAT analyst rating now?

The GSAT analyst rating from Craig-Hallum is a positive signal but not a guarantee. It affirms upside toward **$70**, yet investors should seek confirmation from more analyst updates and upcoming earnings before acting.

How does the new price target compare to consensus and valuation?

Craig-Hallum’s **$70** target is slightly above the consensus average of **$69.50** from five analysts. With a market cap of **$7,863,981,668**, the target implies measured upside but requires execution on revenue and margin targets.

What is Meyka AI’s view on GSAT?

Meyka AI rates GSAT with a grade of **B**, reflecting benchmark and analyst inputs, sector performance, and financial growth. Use this grade alongside detailed analysis and your investment strategy.

Analyst Ratings

Craig-Hallum Maintains Buy on Globalstar (GSAT) March 2026

ByHuzaifa Zahoor March 3, 2026March 3, 2026

Craig-Hallum maintained a Buy on Globalstar (GSAT) on March 2, 2026, and raised the price target to $70. The GSAT analyst rating signals continued conviction after Globalstar’s Q4 results and recent guidance. Craig-Hallum’s move follows the company’s transformational 2025 year and aligns with a small cluster of bullish analyst views. Investors should weigh the updated $70 target against the consensus average target near $69.50 and current market context. This article unpacks the rating, price target, market reaction, and what it means for shareholders.