Echostar (ECHO) Expected to Announce Earnings on Thursday

Echostar (NASDAQ:ECHO) is expected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $3.07 per share and revenue of $3.00 million for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Echostar (NASDAQ:ECHO) last issued its earnings results on Monday, August 3rd. The company reported $24.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $24.14. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Echostar had a negative return on equity of 1.28% and a negative net margin of 38.71%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($1.06) EPS. On average, analysts expect Echostar to post ($0.27) EPS for the current fiscal year and $2.07 EPS for the next fiscal year.

Echostar Trading Down 0.7%

ECHO traded down $0.72 during trading on Friday, reaching $96.94. 4,661,424 shares of the company were exchanged, compared to its average volume of 4,385,329. The business’s 50 day moving average price is $90.95. The firm has a market capitalization of $28.16 billion, a PE ratio of -3.89 and a beta of 1.06. The company has a debt-to-equity ratio of 1.13, a quick ratio of 5.12 and a current ratio of 5.20. Echostar has a 52 week low of $65.76 and a 52 week high of $147.25.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ECHO. Raymond James Financial upgraded shares of Echostar from a “market perform” rating to a “strong-buy” rating and set a $115.00 target price on the stock in a research report on Friday, July 17th. UBS Group raised Echostar from a “neutral” rating to a “buy” rating and increased their price target for the company from $127.00 to $150.00 in a research note on Tuesday, September 8th. TD Cowen lowered their price target on Echostar from $155.00 to $130.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Morgan Stanley assumed coverage on Echostar in a research report on Monday, September 14th. They set an “overweight” rating and a $134.00 price target on the stock. Finally, Citigroup dropped their target price on shares of Echostar from $126.00 to $117.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Echostar currently has an average rating of “Buy” and a consensus target price of $138.56.

Insider Activity

In other news, Director Stephen J. Bye sold 8,508 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $89.83, for a total transaction of $764,273.64. Following the transaction, the director directly owned 653 shares of the company’s stock, valued at approximately $58,658.99. The trade was a 92.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William Wade sold 2,575 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $92.65, for a total transaction of $238,573.75. Following the transaction, the director owned 2,749 shares in the company, valued at $254,694.85. This represents a 48.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,508 shares of company stock worth $1,224,686 over the last quarter. 54.60% of the stock is currently owned by company insiders.

About Echostar

EchoStar Corporation is a global provider of satellite communications, broadband connectivity and wireless services. The company operates through businesses that serve consumers, enterprises, governments and other organizations with connectivity solutions delivered through satellite, wireless and terrestrial networks.

EchoStar’s portfolio includes Hughes, which provides satellite and managed broadband services, as well as satellite television and wireless communications businesses associated with the DISH Network combination completed in 2024.