Research Analysts’ Recent Ratings Changes for Telesat (TSAT)

A number of firms have modified their ratings and price targets on shares of Telesat (NASDAQ: TSAT) recently:

• 11/4/2026 – Telesat is now covered by Desjardins. They set a “buy” rating on the stock.
• 10/31/2026 – Telesat was upgraded by Wall Street Zen from “strong sell” to “sell”.
• 10/25/2026 – Telesat is now covered by Canadian Imperial Bank of Commerce. They set a “sector outperform” rating on the stock.
• 10/19/2026 – Telesat was upgraded by Zacks Research from “strong sell” to “hold”.
• 9/14/2026 – Telesat had its “sell (d-)” rating reaffirmed by Weiss Ratings.

Telesat Stock Performance

Shares of TSAT stock opened at $40.30 on Wednesday. The company’s fifty day simple moving average is $45.44 and its 200-day simple moving average is $42.71. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 1.26. The firm has a market cap of $613.37 million, a PE ratio of -2.19 and a beta of 2.12. Telesat Corporation has a 12 month low of $23.01 and a 12 month high of $61.54.

Telesat (NASDAQ:TSAT) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($7.85) EPS for the quarter, missing the consensus estimate of ($0.71) by ($7.14). Telesat had a negative net margin of 112.44% and a negative return on equity of 14.92%. The company had revenue of $57.30 million for the quarter, compared to analyst estimates of $56.11 million. Equities research analysts expect that Telesat Corporation will post -12.64 EPS for the current fiscal year.

Telesat is a Canadian satellite communications operator that provides connectivity and related services to telecommunications companies, broadcasters, governments, enterprises and other organizations worldwide. The company operates a fleet of geostationary satellites and delivers satellite capacity for broadband communications, video distribution, enterprise networking, mobility and government applications.

In addition to its geostationary satellite services, Telesat is developing Telesat Lightspeed, a planned low Earth orbit satellite network designed to provide high-speed, low-latency broadband connectivity.