Screened 2026-09-17 · the tape above runs as of 19:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its accumulation label.
Globalstar Inc holds its Accumulation at $82.52. The statistical read favours the sellers, held for 28 days.
As held on the ledger · 2026-09-17
Phase
Accumulation
Quantitative state
The statistical read favours the sellers, held for 28 days
Price at the screen
$82.52
Valuation
N/A trailing · 335.04 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.50
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
23.49%
Below 33%
Interest-bearing debt is just 23.5% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
20.09%
Below 49%
Money owed to the company is 20.1% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-17 screen. The gold marker is the market price at the same screen. The price runs 44.1% above the base estimate.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-17 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Satellite signals for remote spots at a premium
Picture a miner in the Andes or a crew on a Pacific rig needing a signal when no tower is in sight. Globalstar keeps those links alive with its satellite network for voice and data in places ordinary carriers ignore. Revenue is rising at 17 percent, yet the business still posts a 3 percent loss and returns almost nothing on equity.
We pass. The shares trade at 258 times forward earnings against our fair value that sits 39 percent lower. A narrow moat and three analysts with no consensus rating do not change the fact that current pricing leaves little room for error.
Risk sits in the stretched valuation and the thin profits that could vanish if spectrum costs rise or growth slows. Currency swings and execution on new capacity add further pressure. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
GSAT trades on NASDAQ. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 2.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 40% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 268%. Our forward projection puts the odds of a 10% gain over the next month near 45%. The street (3 analysts) rates it buy, with a mean price target of $90.
2026-07-31Markdown$80.09-1.3%Entry 4
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 1.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 40% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 268%. Our forward projection puts the odds of a 10% gain over the next month near 45%. The street (3 analysts) rates it buy, with a mean price target of $90.
2026-07-18Markdown$81.16+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 40% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 268%. Our forward projection puts the odds of a 10% gain over the next month near 45%. The street (3 analysts) rates it buy, with a mean price target of $90.
2026-07-03Markdown$81.16+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markdown$81.16Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
