Tag: Global Star
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Globalstar GSAT Stock Outlook: Analysis of Expectations for Cooperation Between Satellite Communications and Apple
Globalstar (GSAT) 12-month baseline target price $89 (approx. 135,280 KRW) · Investment opinion: Hold. We analyze a satellite communications stock with high volatility in the event the deal falls through, although it features an arbitrage structure with a virtually fixed upper limit following Amazon's agreement to acquire it at $90 per share. Analysis date: June 15, 2026, applicable exchange rate: 1 USD = 1,520 KRW.