Consensus expectations for Globalstar's Q2 2026 report suggest a loss of $0.09 per share on revenue of $72.96 million, with the current stock price of $83.38 trading just below the average analyst price target of $86.70.
Investors are primarily focused on progress updates regarding the pending $11.6 billion acquisition of Globalstar by Amazon, a deal intended to integrate the company's LEO satellite network into Amazon's direct-to-device connectivity ecosystem.
Additionally, the market is awaiting news on the HIBLEO-4 satellite replenishment launch with SpaceX and potential revisions to full-year 2026 revenue guidance. This follows a challenging first quarter where increased infrastructure investments weighed on profitability despite robust service revenue growth.