EchoStar (SATS) Projected to Release Earnings on Thursday

EchoStar (NASDAQ:SATS) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of ($0.02) per share and revenue of $3.5868 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 12:00 PM ET.

EchoStar (NASDAQ:SATS) last issued its quarterly earnings data on Saturday, May 9th. The communications equipment provider reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.03). EchoStar had a negative return on equity of 4.80% and a negative net margin of 97.56%.The company had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the prior year, the firm posted ($0.71) EPS.

EchoStar Stock Performance

NASDAQ SATS opened at $103.80 on Thursday. The company has a fifty day moving average of $114.65 and a two-hundred day moving average of $117.02. The company has a market capitalization of $30.08 billion, a PE ratio of -2.07 and a beta of 0.94. EchoStar has a 1 year low of $24.15 and a 1 year high of $147.25. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.30 and a quick ratio of 0.27.

Insider Buying and Selling

In other news, CEO Hamid Akhavan sold 52,586 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $121.00, for a total value of $6,362,906.00. Following the completion of the sale, the chief executive officer owned 865,633 shares in the company, valued at approximately $104,741,593. This trade represents a 5.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 55.90% of the company’s stock.

Hedge Funds Weigh In On EchoStar

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Beartown Capital Management LLC purchased a new position in shares of EchoStar during the 4th quarter worth approximately $16,305,000. Mackenzie Financial Corp boosted its stake in shares of EchoStar by 89.5% in the fourth quarter. Mackenzie Financial Corp now owns 18,563 shares of the communications equipment provider’s stock valued at $2,023,000 after buying an additional 8,766 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in EchoStar during the fourth quarter worth $82,000. XTX Topco Ltd acquired a new position in EchoStar during the fourth quarter worth $611,000. Finally, Zacks Investment Management purchased a new position in EchoStar in the fourth quarter worth $226,000. Institutional investors and hedge funds own 33.62% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of EchoStar in a research report on Monday, April 20th. New Street Research set a $165.00 price objective on EchoStar in a report on Monday, June 15th. Williams Trading set a $155.00 target price on shares of EchoStar in a report on Monday, May 18th. TD Cowen raised their price objective on shares of EchoStar from $129.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of EchoStar from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, EchoStar currently has a consensus rating of “Hold” and an average price target of $137.71.

About EchoStar

EchoStar Corporation (NASDAQ: SATS) is a global provider of satellite communication solutions, offering a suite of broadband and video delivery services to consumer, enterprise and government customers. The company operates two principal business segments: Broadband and Video. Through its Broadband segment, EchoStar delivers high-speed satellite internet access, managed network services and ground infrastructure for residential, commercial and rural markets. Its Video segment provides satellite fleet operations, teleport facilities and capacity-leasing services to video distributors and content providers.

In the Broadband segment, EchoStar’s Hughes Network Systems division designs and manufactures satellite broadband equipment, including user terminals and gateways, and develops advanced network management technologies.