EchoStar Corporation ECHO

90.11 (0.27) (0.30%) as of 25 Sep
Market cap
$26.3B
P/E
0.0×
Indexes indicate stock being part of an index,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.07
Total sells 57.36
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 1 — — — — — — — — — —
Sell — 1 2 — — 3 — — 3 — 2 —
Insider Ownership 54.36%

Capital & Financial Ratios

Market Cap 26,330.00
Revenue 14,653.93
Net Income (5,681.57)
Free Cash Flow (725.18)
Net Debt 15,879.84
Current Ratio 5.20
Debt/Equity 1.23
P/E ratio 0.00
P/S ratio 1.78
P/B ratio 1.84
Past 5Y EPS Growth 7.68%
This Y EPS Growth 148.43%
Next Y EPS Growth (88.23%)
Next 5Y EPS Growth 14.06%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 2,444 5,698 3,160 1,552
Receivables 1,122 1,199 1,274 906
Inventory 665 455 381 322
Other 16 88 35 16,844
4,892 8,096 5,133 19,854
2023 2024 2025 Q'26
Payables 774 741 542 252
ST’ Debt 3,047 943 7,321 1,446
Other — — — —
8,019 5,831 12,363 3,817
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 23.29% 51.37% (6.97%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 4.39% 10.01% (35.43%)

Revenue

Mar Jun Sep Dec Year
’26 3,667 3,576 — — —
’25 3,870 3,725 3,614 3,796 15,005
’24 4,015 3,953 3,891 3,967 15,826
’23 4,388 4,356 4,109 4,163 17,016
’22 502 499 497 17,136 18,634
’21 483 500 505 18,332 19,819
’20 466 459 474 489 1,888
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 238 (10) — — —
’25 207 8 112 (425) (99)
’24 451 480 276 46 1,253
’23 790 749 482 411 2,433
’22 104 147 92 3,278 3,621
’21 117 192 119 4,228 4,655
’20 71 174 120 169 534
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 105 (102) — — —
’25 (52) (286) (144) (583) (1,065)
’24 (68) 159 (58) (300) (267)
’23 32 (184) (370) (154) (632)
’22 (13) 65 25 471 548
’21 (70) 100 21 2,952 3,003
’20 (42) 71 13 44 87
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.51) 24.12 — — —
’25 (0.71) (1.06) (44.37) (4.16) (50.41)
’24 (0.40) (0.76) (0.52) 1.24 (0.44)
’23 0.89 0.75 (0.44) (7.48) (6.28)
’22 1.06 0.16 0.27 6.85 8.24
’21 0.84 0.41 0.38 6.50 8.05
’20 (0.56) (0.12) 0.26 0.01 (0.41)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
25.01 40.37 27.22 28.41 19.75 20.51 15.26 9.53 11.83 14.90

Analyst estimates 2026–2028

Powerpack
Low Price
43.59 50.65 50.48 45.15 43.96 30.90 27.36 24.80 30.08 111.39
High Price
4,000 2,100 2,200 2,300 2,400 2,500 2,300 15,300 13,700 12,100
Employees
0 1 1 1 1 8 8 1 1 1
Revenue/Emp
1,810 1,525 1,763 1,886 1,888 19,819 18,634 17,016 15,826 15,005
Revenue
59.94% 54.37% 57.99% 58.25% 60.57% 36.95% 34.47% 29.80% 25.61% 25.82%
Gross Margin
217 (32) (126) (93) (28) 3,350 3,335 (1,932) (76) (18,893)
EBT
11.97% (2.11%) (7.14%) (4.94%) (1.47%) 16.90% 17.90% (11.35%) (0.48%) (125.91%)
EBT Margin
181 393 (39) (74) (52) 2,521 2,537 (1,635) (125) (14,507)
Net Income
502 541 606 594 529 1,214 1,175 1,598 1,930 1,586
Depreciation
19.30 15.98 18.31 19.50 19.28 72.04 68.99 62.82 57.74 52.18
Revenue/Sh
1.94 4.13 (0.42) (0.65) (0.41) 9.17 9.39 (6.28) (0.44) (50.41)
Earnings/Sh
8.56 7.62 7.63 6.78 5.46 16.92 13.41 8.98 4.57 (0.35)
Cash Flow/Sh
(7.69) (6.39) (5.29) (4.63) (4.57) (6.01) (11.38) (11.31) (5.54) (3.36)
Capex/Sh
0.87 1.22 2.34 2.15 0.89 10.91 2.03 (2.33) (0.97) (3.70)
Free CF/Sh
42.72 43.78 43.17 38.72 36.84 12.41 79.92 73.66 73.87 20.21
Book Value/Sh
94 95 96 97 98 275 270 271 274 288
Shares
21.67 11.78 0.00 0.00 0.00 2.85 1.77 0.00 0.00 0.00
PE Ratio
2.17 3.00 1.63 2.22 1.10 0.37 0.24 0.25 0.40 2.08
PS Ratio
0.98 1.10 0.69 1.12 0.58 2.12 0.21 0.21 0.31 5.38
PB Ratio
2.48 3.26 1.68 2.19 1.02 0.36 1.24 1.44 1.72 3.60
EV/Sales
54.81 42.57 13.14 19.83 22.25 2.40 42.22 (36.01) (85.66) (48.47)
EV/FCF
803 727 735 656 534 4,655 3,621 2,433 1,253 (99)
Op' Cash Flow
(722) (610) (509) (448) (447) (1,653) (3,074) (3,064) (1,519) (966)
Capex
82 117 225 208 87 3,003 548 (632) (267) (1,065)
FCF
3,192 3,302 2,236 2,340 1,483 1,467 315 (3,127) 2,265 (7,230)
Working Cap'
3,655 3,635 3,306 2,404 2,393 1,513 22,896 22,764 26,603 25,980
Total Debt
563 389 95 (56) (141) (33) 18,589 20,320 20,905 22,820
Net Debt
4,007 4,177 4,155 3,746 3,607 3,414 21,586 19,950 20,245 5,812
Sh' Equity
2.24% 4.43% (0.46%) (0.80%) (0.56%) 37.90% 7.65% (2.94%) (0.20%) (27.89%)
ROA
4.05% 0.42% 0.53% 1.24% 2.03% 63.27% 3.47% (0.43%) (0.46%) (38.69%)
ROIC
4.67% 9.62% (0.97%) (1.59%) (1.09%) 70.82% 19.82% (8.20%) (0.59%) (111.27%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

EchoStar Corporation peers in Telecom Services

All 55 Telecom Services stocks →

ECHO metrics, ten years each

EchoStar Corporation (ECHO) key facts

  • EchoStar Corporation (ECHO) is a Telecom Services company in the Communication Services sector, listed on Nasdaq.
  • EchoStar Corporation’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, down 5.18% from fiscal 2024.
  • As of September 25, 2026, ECHO traded at $90.11, a market capitalization of $26.3 billion.
  • Return on equity was −111.3% and debt-to-equity 1.23.

Source: company filings (standardised) and stockrow calculations.

EchoStar Corporation (ECHO) Latest News

News by impact score

Fine-tune

25 Sep

3

EchoStar Corporation, a large-cap Englewood, Colorado-based player in satellite, wireless, networking and pay-TV, trails the Nasdaq after peaking at $147.25 in May. Shares have fallen roughly 38.6% from the high and slipped 9.5% in the last three months while the Nasdaq Composite rose about 6.2%. Over the past year EchoStar is up 23.6% versus the Nasdaq’s 20.4%, but in 2026 it has declined 16.9% year-to-date, versus a 16% gain for the index. Technically, the stock remains below its 200-day moving average since mid-July and under the 50-day average for much of the period, though the gap has narrowed recently. A key driver has been EchoStar’s strategic link to SpaceX; after selling wireless spectrum licenses to SpaceX for an equity stake, direct access to SpaceX shares reduced EchoStar’s appeal as a proxy. Eight analysts rate EchoStar a Strong Buy with a $129.71 target, implying about 43.5% upside. SpaceX IPO reduced EchoStar’s appeal as an indirect proxy, contributing to underperformance despite robust upside estimates.

16 Sep

3

EchoStar wins NIGCOMSAT JUPITER Gateway contract, expanding its satellite services footprint and offering shareholders potential upside from new infrastructure revenue. NIGCOMSAT JUPITER Gateway contract adds satellite operations revenue but remains limited in scale relative to EchoStar's overall business.

3

NIGCOMSAT selects Hughes JUPITER Scalable Gateway to support Nigeria’s next-generation satellite program. New Hughes contract adds satellite gateway business in Nigeria with moderate revenue effect.

15 Sep

3

Morgan Stanley projects 45% upside for EchoStar Corporation stock tied to SpaceX. Analyst price target with 45% upside may lift near-term investor sentiment for EchoStar.

8 Sep

3

UBS Securities states EchoStar shares could follow SpaceX's catalyst path, potentially driving stock gains. UBS Securities positive comparison to SpaceX suggests potential for EchoStar stock appreciation and improved investor sentiment.

3

EchoStar shares rose after UBS stated that the company's SpaceX stake makes the stock undervalued. UBS positive valuation note on SpaceX holding lifts share price but signals no operational or strategic shift.

27 Aug

3

BofA delivers reality check to SpaceX investors on wireless sector hurdles with direct relevance to EchoStar's competitive position. BofA analysis on SpaceX wireless challenges points to moderate effects on EchoStar market dynamics.

26 Aug

4

EchoStar confronts $1.5 billion in creditor claims from Hughes over proceeds tied to its SpaceX transaction. Potential $1.5 billion creditor claims create major financial and legal exposure for EchoStar after its SpaceX deal.

24 Aug

3

MobileX secures strategic investment from CONX to advance its growth phase, with direct relevance to EchoStar Corporation (ECHO) mobile operations and positioning. Strategic funding for MobileX expansion supports EchoStar mobile initiatives without fundamentally shifting overall company trajectory.

22 Aug

4

EchoStar filed for Chapter 11 bankruptcy, prompting questions on whether ECHO stock remains overvalued post-restructuring. Chapter 11 filing triggers major financial restructuring with direct effects on EchoStar's operations and equity value.

21 Aug

4

EchoStar posts an $8.5B profit surge while facing competition from AT&T's wireless operations. An $8.5B profit surge signals major earnings growth for EchoStar despite rivalry with AT&T wireless.

3

EchoStar (ECHO) draws fresh market attention amid unspecified developments in satellite services and spectrum assets that could affect its competitive stance. Unspecified attention around EchoStar may produce moderate short-term trading interest but lacks details on major strategic or financial shifts.

20 Aug

5

EchoStar Corporation files for Chapter 11 bankruptcy. Chapter 11 filing places the company under court-supervised restructuring with direct consequences for operations, creditors and shareholders.

10 Aug

4 transcript

EchoStar (ECHO) released its Q2 2026 earnings call transcript detailing quarterly financial results, operational updates, and forward-looking statements from management. Earnings call transcripts deliver key financial metrics and guidance that directly shape investor views and near-term stock movement.

6 Aug

4

EchoStar Corporation enables a significant network upgrade for AT&T customers. EchoStar's provision of the AT&T network upgrade represents a major partnership with potential to substantially improve revenue and market standing.

5 Aug

3

SpaceX targets T-Mobile, AT&T and Verizon customers with satellite services, increasing competition in broadband and wireless segments where EchoStar holds spectrum and satellite assets. SpaceX satellite push creates direct competition for EchoStar's spectrum holdings and satellite offerings.

3

Elon Musk advances ambitious Starlink connectivity plans ahead of SpaceX earnings with potential to aid SPCX recovery through expanded satellite services that compete directly in EchoStar markets. Starlink expansion intensifies satellite connectivity competition and may shift market dynamics for EchoStar.

3 Aug

5

EchoStar Corporation files for bankruptcy after losing ground to Starlink in satellite broadband. Bankruptcy filing from competitive losses signals complete business failure with restructuring or dissolution ahead.

5

EchoStar Corporation files for bankruptcy after losing ground to Starlink in satellite broadband. Bankruptcy filing due to Starlink competition threatens EchoStar's entire business viability and market position.

5

EchoStar Corporation files for bankruptcy after losing satellite broadband market share to Starlink. Bankruptcy filing signals severe distress that will fundamentally alter or terminate EchoStar operations and market position.

5

EchoStar Corporation's Hughesnet files for bankruptcy after Starlink decimates its subscriber counts. Bankruptcy filing due to Starlink competition ends Hughesnet viability and resets EchoStar prospects.

5

EchoStar's Hughes Satellite Systems unit files for Chapter 11 bankruptcy amid competition from Starlink. Chapter 11 filing by core subsidiary Hughes Satellite Systems exposes EchoStar to severe financial distress and competitive loss to Starlink.

4

Hughes filed Chapter 11 bankruptcy while delivering a Q2 earnings beat, raising questions over whether EchoStar's integrated connectivity investment case has fundamentally changed. Hughes Chapter 11 filing plus Q2 beat points to major strategic and valuation shifts for EchoStar's core connectivity business.

4

EchoStar returns to profit as Hughes files Chapter 11, prompting questions on whether valuation is excessive. Hughes bankruptcy filing and profit recovery indicate major restructuring likely to alter EchoStar's financial path and sentiment.

4

EchoStar-owned Hughes Satellite Systems has filed for bankruptcy. Bankruptcy of core subsidiary Hughes Satellite Systems creates major financial and operational risks for EchoStar.

3 transcript

EchoStar held its Q2 earnings call, covering financial results, operational updates, and forward guidance for satellite and wireless segments. Quarterly earnings updates typically offer moderate insight into near-term financial trends without signaling major strategic shifts.

3

EchoStar (ECHO) stock appears undervalued based on anticipated cash flow recovery. Hopes for cash flow recovery could moderately affect EchoStar valuation and sentiment.

3

EchoStar Corporation released financial results for the three and six months ended June 30, 2026. Quarterly financial results typically provide data that can moderately influence stock valuation and short-term market sentiment.

30 Jul

5

EchoStar Corporation prepares to file for Chapter 11 bankruptcy as a giant satellite internet company. Chapter 11 bankruptcy preparation will force major restructuring that fundamentally redefines EchoStar's operations, competitive position, and long-term prospects.

29 Jul

4

AT&T completed its $23 billion acquisition of spectrum assets from EchoStar Corporation. EchoStar receives $23 billion cash from spectrum divestiture, reshaping its balance sheet and core asset base.

stockrow.com/ECHO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com