11 Stocks That Will Bounce Back According to Analysts

3. Globalstar, Inc. (NASDAQ:GSAT)

Year-to-Date Performance: -37.45%

Average Price Target Upside Potential According to Analysts: 163.95%

Number of Hedge Fund Holders: 13

Globalstar, Inc. (NASDAQ:GSAT) is an international telecom infrastructure provider that offers reliable satellite and terrestrial connectivity services. The company operates a satellite constellation in low Earth orbit to deliver secure data transmission for asset tracking, critical data transfer, and safety applications for consumers, businesses, and government agencies around the world.

Globalstar, Inc. (NASDAQ:GSAT) also offers terrestrial spectrum, Band 53 and its 5G variant n53, which provides cable companies, carriers, and system integrators with private wireless networks and improved connectivity. Through its Internet of Things (IoT) hardware and software products, the company supports efficient tracking and monitoring of assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions. According to analysts, GSAT ranks among stocks that will bounce back.

The company is focused on growing its business and making investments to solidify its leadership in global satellite communications. In March 2025, Globalstar, Inc. (NASDAQ:GSAT) announced the grand opening of its new, state-of-the-art Satellite Operations Control Center (SOCC) at its headquarters in Covington, Louisiana. This marks a major step forward for the company’s operational capabilities and reinforces its strategic growth as it advances next-generation satellite and connectivity solutions. With the new SOCC, Globalstar, Inc. (NASDAQ:GSAT) will be able to better manage its satellite fleet, improve network performance, and prepare for new satellite constellations.