EchoStar (NASDAQ:SATS) Announces Quarterly Earnings Results, Beats Expectations By $0.36 EPS

EchoStar (NASDAQ:SATS) announced its quarterly earnings results on Saturday. The communications equipment provider reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.87) by $0.36, FiscalAI reports. The firm had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.65 billion. EchoStar had a negative net margin of 96.62% and a negative return on equity of 4.31%.

EchoStar Trading Up 2.8%

NASDAQ SATS traded up $3.57 on Monday, hitting $130.72. 2,476,103 shares of the stock were exchanged, compared to its average volume of 6,085,225. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.38 and a current ratio of 0.42. The stock has a fifty day moving average price of $118.43 and a two-hundred day moving average price of $104.79. The firm has a market capitalization of $37.76 billion, a P/E ratio of -2.60 and a beta of 0.95. EchoStar has a 52-week low of $14.90 and a 52-week high of $137.44.

Insider Buying and Selling at EchoStar

In other news, COO John Swieringa sold 50,088 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $113.58, for a total transaction of $5,688,995.04. Following the completion of the sale, the chief operating officer directly owned 253,535 shares of the company’s stock, valued at approximately $28,796,505.30. The trade was a 16.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Hamid Akhavan sold 71,005 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $107.52, for a total transaction of $7,634,457.60. Following the sale, the chief executive officer directly owned 823,293 shares of the company’s stock, valued at $88,520,463.36. This represents a 7.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 55.70% of the stock is owned by insiders.

Institutional Trading of EchoStar

Large investors have recently made changes to their positions in the stock. Hollencrest Capital Management bought a new stake in shares of EchoStar in the fourth quarter valued at about $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of EchoStar in the fourth quarter valued at about $53,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of EchoStar in the third quarter valued at about $38,000. Kestra Advisory Services LLC bought a new stake in shares of EchoStar in the fourth quarter valued at about $61,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of EchoStar in the fourth quarter valued at about $82,000. 33.62% of the stock is owned by hedge funds and other institutional investors.

More EchoStar News

Here are the key news stories impacting EchoStar this week:

• Positive Sentiment: EchoStar reported first-quarter EPS of ($0.51), which was significantly better than the ($0.87) consensus estimate, and revenue of $3.67 billion slightly topped expectations. EchoStar Announces Financial Results for the Three Months Ended March 31 2026
• Positive Sentiment: Zacks also highlighted that the quarterly loss was smaller than expected and that revenue beat forecasts, reinforcing the view that results came in better than feared. EchoStar (SATS) Reports Q1 Loss, Beats Revenue Estimates
• Neutral Sentiment: The company’s results were still weighed down by ongoing weakness in its pay-TV business, with Reuters reporting a larger-than-expected decline in subscribers as cord-cutting continues. EchoStar loses more pay-TV subscribers than expected amid cord-cutting
• Neutral Sentiment: Despite the beat, EchoStar still posted a very large net loss margin and negative return on equity, which suggests the business remains under significant pressure. EchoStar Announces Financial Results for the Three Months Ended March 31 2026

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SATS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of EchoStar in a research note on Monday, April 20th. UBS Group raised their target price on shares of EchoStar from $125.00 to $127.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Zacks Research cut shares of EchoStar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Citigroup raised their target price on shares of EchoStar from $111.00 to $121.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $134.17.

EchoStar Company Profile

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.