GSAT stock price remains supported by its 200-day moving average at $1.15, creating a solid technical floor. A sustained break above $1.35 could open a pathway to $1.50. You can see the current list of Zacks #1 Rank Stocks here >>> This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. The latest GSAT stock price shows a tight consolidation pattern near $1.25, with trading volume slightly below its 20-day average. This suggests market participants are in wait-and-see mode ahead of satellite deployment updates. In the short term, a breakout above $1.30 could trigger momentum buying.
