EchoStar (ECHO) Stock Overview
Provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
ECHO Community Fair Values
Create NarrativeSee what 58 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
US$43.91
FV
105.1% overvalued intrinsic discount998
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12users have followed this narrative
EchoStar Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$90.04 |
| 52 Week High | US$147.25 |
| 52 Week Low | US$26.52 |
| Beta | 1.01 |
| 1 Month Change | -6.21% |
| 3 Month Change | -30.41% |
| 1 Year Change | 227.66% |
| 3 Year Change | 287.27% |
| 5 Year Change | 257.73% |
| Change since IPO | 378.17% |
Recent News & Updates
Narrative Update • Aug 04
ECHO: SpaceX Stake And Spectrum Monetization Will Drive Future Upside Potential
Analysts have reduced their EchoStar fair value estimate by $5 to $156. This change reflects lower Street price targets in the $115 to $137 range and updated views on subscriber trends, margin expectations, and the higher discount rate applied to the stock.Seeking Alpha • Aug 03
EchoStar Q2: This Quarter Just Changed The Investment Case (Rating Upgrade)
Summary EchoStar Corporation’s latest quarter showed a real improvement in operating efficiency, with Adjusted OIBDA rising to $681.2M from $279.6M despite lower revenue and continued subscriber losses. The reported [EPS] of $24.12 was distorted by a large non-cash deconsolidation gain, so the key takeaway is stronger underlying profitability rather than the headline earnings figure. ECHO stock’s sharp decline since my previous Hold-rated article has rebuilt the margin of safety and created a more attractive entry point. I am upgrading ECHO from Hold to Buy with a $132 target price, supported by improved operations, a simpler corporate structure and a large discount to the estimated value of. Read the full article on Seeking AlphaRecent updates
Narrative Update • Aug 04
ECHO: SpaceX Stake And Spectrum Monetization Will Drive Future Upside Potential
Analysts have reduced their EchoStar fair value estimate by $5 to $156. This change reflects lower Street price targets in the $115 to $137 range and updated views on subscriber trends, margin expectations, and the higher discount rate applied to the stock.Seeking Alpha • Aug 03
EchoStar Q2: This Quarter Just Changed The Investment Case (Rating Upgrade)
Summary EchoStar Corporation’s latest quarter showed a real improvement in operating efficiency, with Adjusted OIBDA rising to $681.2M from $279.6M despite lower revenue and continued subscriber losses. The reported [EPS] of $24.12 was distorted by a large non-cash deconsolidation gain, so the key takeaway is stronger underlying profitability rather than the headline earnings figure. ECHO stock’s sharp decline since my previous Hold-rated article has rebuilt the margin of safety and created a more attractive entry point. I am upgrading ECHO from Hold to Buy with a $132 target price, supported by improved operations, a simpler corporate structure and a large discount to the estimated value of. Read the full article on Seeking Alpha
Narrative Update • Jul 20
ECHO: Future Upside Will Hinge On Discounted SpaceX Stake
Analysts have revised EchoStar’s fair value estimate to $115 from $120, citing a wider discount rate, lower profit margin assumptions, and Street research that highlights both perceived valuation gaps relative to the sum of the parts and potential value from spectrum and asset monetization. Analyst Commentary on EchoStar Recent Street research around EchoStar highlights a mix of optimism on asset value and spectrum optionality, along with more cautious moves on pricing and expectations.Narrative Update • Jul 06
ECHO: Spectrum Deals And SpaceX Stake Will Frame Future Risk Reward Balance
Analysts have lifted their EchoStar price target from $147.00 to $161.00. The change reflects updated assumptions that include a slightly lower expected revenue decline, a reduced profit margin outlook, a higher discount rate, and a higher future P/E multiple.Narrative Update • Jun 22
SATS: Future View Will Weigh SpaceX Exposure Against Liquidity And Default Risk
EchoStar's updated analyst price target now sits at $120, with analysts pointing to revised assumptions that include a higher discount rate, softer revenue expectations, a stronger projected profit margin, and a lower future P/E multiple as the key drivers of the change in their valuation framework. What’s in the News for EchoStar EchoStar stock has traded with sharp volatility after becoming a widely watched proxy for SpaceX, following a late 2025 deal to sell about US$17b of AWS-4 and H-block spectrum to SpaceX in exchange for cash and an equity stake of a little over 2% at anticipated IPO prices.Analysis Article • Jun 17
EchoStar (SATS) Stock Could Be 175.5% Overvalued After Its $17b SpaceX Spectrum Deal
EchoStar stock reacts to SpaceX spectrum deal and IPO EchoStar (SATS) stock has been swinging sharply after a US$17b spectrum sale to SpaceX tied the company’s fortunes to SpaceX equity. FCC approval has cemented its role as a spectrum monetizer. See our latest analysis for EchoStar. EchoStar’s share price has been volatile over the past year as investors react to each SpaceX headline, with a 12.27% 90 day share price return and a very large 1 year total shareholder return that reflects...
Narrative Update • Jun 05
SATS: SpaceX Stake And Spectrum Deals Will Shape A Balanced Long Term Outlook
Analysts have adjusted their EchoStar price target slightly higher, lifting fair value from $134.80 to $137.60 as they refresh assumptions around discount rates, long term revenue trends, margins, and future P/E expectations. What's in the News EchoStar is being treated as an indirect way to get exposure to SpaceX ahead of a potential IPO that news reports say could value SpaceX between US$1.5t and US$2t, according to multiple articles summarized in the primary news source.Narrative Update • May 18
SATS: Index Reclassification And Buybacks Will Shape A Cautious Longer Term Outlook
Analysts now place EchoStar's fair value at $134.80, up from $124.29, citing updated assumptions on the discount rate, revenue trends, profit margin, and future P/E, which together reshape their overall price target framework. What's in the News EchoStar was added to the S&P 500, shifting its index representation toward large cap benchmarks.Narrative Update • May 03
SATS: Future View Will Balance Buybacks Index Shift And Going Concern Risk
EchoStar's updated analyst price target now sits at $120. Analysts largely tie the unchanged headline figure to modest tweaks in the discount rate, revenue outlook, profit margin, and assumed future P/E that fine tune rather than overhaul their prior valuation work.Narrative Update • Apr 18
SATS: Index Reclassification And Buybacks Will Frame Future Risk Reward Balance
Analysts have revised their EchoStar price target from $158.00 to $147.00 as updated assumptions for revenue trends, profitability, discount rate, and future P/E reshape their outlook on the stock's risk and earnings profile. What's in the News EchoStar was added to the S&P 500, shifting its benchmark exposure toward a larger cap index and potentially changing how some index and benchmark-aware investors gain exposure to the stock (Key Developments).Narrative Update • Apr 04
SATS: Balanced Outlook Will Weigh Buybacks Against Going Concern And Index Shift
Analysts now hold their fair value estimate for EchoStar at $120.00, reflecting a slightly lower discount rate, modestly softer revenue growth assumptions, a marginally higher profit margin outlook, and a small reduction in the future P/E, resulting in a more finely balanced view of the company’s risk and earnings profile. What's in the News EchoStar filed its 10-K for the year ending December 31, 2025, with auditor KPMG LLP issuing an unqualified opinion while expressing doubt about the company’s ability to continue as a going concern, which puts balance sheet strength and funding options in sharper focus for investors.Narrative Update • Mar 21
SATS: Balanced Outlook Will Weigh Buybacks Against Going Concern Risk
EchoStar's latest analyst price target has been reset to $120.00. Analysts point to a slightly lower discount rate, a smaller projected revenue decline, a modestly reduced profit margin, and a marginally lower assumed future P/E as key drivers of the updated view.
New Narrative • Mar 09
EchoStar's 43.91 fair value will redefine its market position
Why EchoStar (SATS) Finally Grabbed My Attention I first stumbled onto EchoStar (SATS) back in late 2025. Funnily enough, I wasn't even looking at them; I was deep in the weeds researching a Chinese firm called Xinwei Communication.Narrative Update • Mar 07
SATS: Higher Future P/E Expectations Will Likely Drive Upside Potential
Analysts have raised their fair value estimate for EchoStar from $85.00 to $120.00, citing updated assumptions regarding discount rates, long term revenue trends, profit margins, and a higher expected future P/E multiple. What's in the News EchoStar's auditor, KPMG LLP, issued an unqualified opinion in the company's 10-K for the period ending Dec 31, 2025, while also expressing doubt about EchoStar's ability to continue as a going concern, filed on Mar 2, 2026 (company 10-K filing).Narrative Update • Feb 20
SATS: 5G Smartphone Expansion And Refined Assumptions Will Steady Longer Term Outlook
Analysts have raised their price target on EchoStar to $124.29 from $120.71, reflecting updated assumptions around discount rates, long run revenue trends, profit margins and future P/E expectations. What's in the News Boost Mobile launched the moto g 2026 and moto g play 2026, both positioned as 5G smartphones with AI powered camera systems and long battery life, aimed at offering higher performance at lower price points.Narrative Update • Feb 06
SATS: Mid Band Spectrum Deployment Will Support Future Upside Potential
Analysts have kept their fair value estimate for EchoStar steady at US$158.00. They point to only slight tweaks in discount rate, revenue growth and profit margin assumptions, along with a marginally higher future P/E input, as reasons for holding the line on their price target.Narrative Update • Jan 23
SATS: EchoStar Spectrum Deployment And New Capital Division Will Drive Upside
Analysts have lifted their fair value estimate for EchoStar from US$102.00 to US$158.00, pointing to a lower discount rate and a higher assumed future P/E multiple as key drivers of the target change, even though they now factor in a modest revenue decline and essentially stable profit margins. What's in the News AT&T has deployed mid band spectrum acquired from EchoStar to nearly 23,000 cell sites in a few weeks, aiming to lift 5G download speeds by up to 80% for mobility users and 55% for AT&T Internet Air customers across more than 5,300 cities in 48 states (client announcement).Narrative Update • Jan 09
SATS: Future 5G Spectrum Efficiencies And Capital Unit Changes Will Steady Outlook
Analysts have raised their price target for EchoStar from US$90.29 to US$120.71, citing a lower assumed discount rate, slightly firmer profit margins, and a higher future P/E multiple as key drivers of the change. What's in the News AT&T has deployed mid band spectrum it agreed to acquire from EchoStar to nearly 23,000 cell sites across more than 5,300 cities in 48 states, aiming to lift 5G download speeds for mobility customers by up to 80% and for AT&T Internet Air by 55% (Key Developments).Narrative Update • Dec 25
SATS: Future Spectrum Sales Will Likely Leave Upside Expectations Vulnerable
Analysts have sharply raised their price target on EchoStar, lifting fair value from 28 dollars to 85 dollars. They cite a lower perceived risk profile, modestly improved long term margin and revenue expectations, and a higher justified future earnings multiple.Narrative Update • Dec 11
SATS: Future Spectrum Sales Will Likely Overprice 5G And Capital Division Prospects
Narrative Update on EchoStar Analysts have raised their price target on EchoStar by approximately 13 percent to around $90 per share, reflecting a lower perceived discount rate and higher future valuation multiples that more than offset slightly softer long term revenue growth and margin assumptions. What's in the News AT&T has rapidly deployed mid band 3.45 GHz spectrum acquired from EchoStar to nearly 23,000 cell sites, boosting 5G download speeds by up to 80 percent for mobility users and 55 percent for AT&T Internet Air customers across more than 5,300 cities in 48 states (company announcement).Narrative Update • Nov 26
SATS: Spectrum Sales Will Drive 5G Deployment and Capital Division Growth
EchoStar's analyst price target has been revised downward from $82.29 to $79.83. This change reflects analysts' assessment of slowing projected revenue growth and a modest increase in the discount rate, despite a slight improvement in profit margin forecasts.Narrative Update • Nov 08
SATS: Upcoming Spectrum Sales Will Accelerate United States 5G Expansion
EchoStar’s analyst price target has been adjusted downward by $2, with analysts citing a moderated revenue decline and slight contraction in profit margins as supporting rationale for the revision. What's in the News EchoStar announced the creation of a new division, EchoStar Capital, dedicated to expanding business opportunities within the company.Narrative Update • Sep 26
LEO Satellite Constellation Will Expand Global Connectivity
EchoStar’s consensus price target improved moderately, reflecting a slight uptick in both its forward P/E and discount rate, with fair value rising from $81.71 to $84.29. What's in the News EchoStar will sell its 3.45 GHz and 600 MHz spectrum licenses (totaling 50 MHz nationwide) to AT&T for approximately $23 billion, pending regulatory approval.Narrative Update • Sep 11
LEO Satellite Constellation Will Expand Global Connectivity
Despite a notable downgrade in revenue growth forecasts and a higher expected future P/E, the consensus analyst price target for EchoStar has sharply increased from $45.21 to $81.71. What's in the News EchoStar has agreed to sell its 3.45 GHz and 600 MHz spectrum licenses (50 MHz nationwide) to AT&T for approximately $23 billion, pending regulatory approval.Narrative Update • Aug 27
LEO Satellite Constellation Will Expand Global Connectivity
Despite a weaker revenue growth outlook and a higher future P/E multiple, analyst sentiment has strengthened, driving EchoStar's consensus price target up from $39.50 to $45.21. What's in the News EchoStar agreed to sell its 3.45 GHz and 600 MHz spectrum licenses (50 MHz nationwide) to AT&T for approximately $23 billion, subject to regulatory approval.
New Narrative • Mar 20
Merger With DISH Network Will Create A Comprehensive Telecommunications Entity Spanning Satellite And 5G Services
The merger with DISH Network and investment in Boost Mobile 5G position EchoStar for revenue growth through expanded market opportunities.Seeking Alpha • Oct 31
EchoStar: Brilliant Maneuver Means Company Gets Paid With Or Without Merger Deal
Summary EchoStar's transaction with DIRECTV to sell DISH TV may not move forward due to bondholder objections. EchoStar's recapitalization deal is not contingent on the sale of its DBS subsidiary, so it will have fresh capital to continue the 5G buildout regardless. Given TPG's commitment to fund DBS's bond maturity in November either way, EchoStar may now actually prefer the deal to collapse. EchoStar's clever approach means that it will reap major benefits from either the consummation or the collapse of the deal. The key risk factor now for EchoStar is that it may not be able to make its wireless business viable. I am more positive now than two months ago, but maintain a Hold rating. Read the full article on Seeking AlphaSeeking Alpha • Sep 30
Wall Street Lunch: DirecTV To Buy EchoStar's Video Business
Summary DirecTV, owned by TPG, will acquire EchoStar's video distribution business for $1 plus debt, aiming to enhance financial flexibility and operational focus. Stellantis lowered its 2024 earnings forecast due to North American challenges, while Marsh McLennan acquired McGriff for $7.5 billion. Wall Street banks' S&P 500 targets for Q4 range from 4,200 to 6,100, with a median target of 5,600, indicating a potential decline. Read the full article on Seeking AlphaSeeking Alpha • Sep 07
EchoStar Corporation: Shares' Recent Surge Might Represent A Good Opportunity To Exit (Rating Downgrade)
Summary EchoStar Corporation's stock rose on September 5th due to potential settlement talks with creditors over controversial asset transfers earlier this year. Despite past bullish views, EchoStar's significant debt and declining operations now warrant a 'sell' rating, reflecting its precarious financial health. The merger with DISH Network and subsequent asset transfers, including $4.7 billion in receivables, have led to lawsuits and increased financial instability. EchoStar faces substantial debt repayments soon, with $1.98 billion due in November, making its long-term survival highly uncertain. Read the full article on Seeking AlphaSeeking Alpha • Aug 31
EchoStar: Dangerous Debt Comes With Massive Spectrum Potential
Summary EchoStar faces severe financial challenges, including a "going concern" warning and declining cash flow, jeopardizing its 5G network construction and spectrum licenses worth $20 billion. The company's strategy to use pay-TV cash flows to fund 5G network construction is faltering due to losses in the Retail Wireless and Broadband segments. EchoStar's immediate survival hinges on securing new financing to cover $1.98 billion in debt maturing in November 2024, with uncertain prospects. Despite the risks, a successful 5G network build out could significantly boost EchoStar's market cap, offering substantial upside potential if the company can overcome its hurdles. Read the full article on Seeking AlphaSeeking Alpha • Apr 15
EchoStar: High Debt But Space-Based And Merger Opportunities
Summary EchoStar is improving its positioning in the satellite industry, particularly in internet broadband, following the launch of Jupiter 3 to better compete with Viasat and SpaceX. The company has opportunities to serve enterprise customers directly, such as providing in-flight connectivity to Delta Air Lines. Inheriting DISH Network's debt-laden balance sheet has weighed down on the stock, and with the Federal Reserve favoring a higher-for-longer rates strategy, things are risky. On the other hand, the merger with DISH does create opportunities for synergistic growth. I also demystify the notion that SpaceX with its Starlink subsidiary could be monopolizing the IFC market. Read the full article on Seeking AlphaShareholder Returns
| ECHO | US Media | US Market | |
|---|---|---|---|
| 7D | 5.2% | -3.0% | 2.7% |
| 1Y | 227.7% | -13.4% | 20.9% |
Return vs Industry: ECHO exceeded the US Media industry which returned -13.4% over the past year.
Return vs Market: ECHO exceeded the US Market which returned 20.9% over the past year.
Price Volatility
| ECHO volatility | |
|---|---|
| ECHO Average Weekly Movement | 8.3% |
| Media Industry Average Movement | 9.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ECHO has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ECHO's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 12,100 | Charlie Ergen | www.echostar.com |
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices.
EchoStar Corporation Fundamentals Summary
| ECHO fundamental statistics | |
|---|---|
| Market cap | US$26.16b |
| Earnings (TTM) | -US$5.67b |
| Revenue (TTM) | US$14.65b |
1.8x
P/S Ratio-4.6x
P/E RatioIs ECHO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ECHO income statement (TTM) | |
|---|---|
| Revenue | US$14.65b |
| Cost of Revenue | US$10.33b |
| Gross Profit | US$4.33b |
| Other Expenses | US$10.00b |
| Earnings | -US$5.67b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -19.53 |
| Gross Margin | 29.54% |
| Net Profit Margin | -38.71% |
| Debt/Equity Ratio | 121.9% |
How did ECHO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/10 10:09 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
EchoStar Corporation is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Rollins | Citigroup Inc |
| Bryan Kraft | Deutsche Bank |
| Jiahui Li | Haitong International Research Limited |