EchoStar (SATS) Projected to Announce Quarterly Earnings on Thursday

EchoStar (NASDAQ:SATS) is anticipated to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect EchoStar to post earnings of ($0.02) per share and revenue of $3.5868 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, August 7, 2026 at 12:00 PM ET.

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

EchoStar Stock Performance

Shares of NASDAQ SATS opened at $103.80 on Tuesday. The company has a 50-day simple moving average of $112.70 and a 200-day simple moving average of $116.83. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.30 and a quick ratio of 0.27. The company has a market cap of $30.08 billion, a PE ratio of -2.07 and a beta of 0.94. EchoStar has a 12 month low of $24.15 and a 12 month high of $147.25.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other EchoStar news, CEO Hamid Akhavan sold 52,586 shares of EchoStar stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $121.00, for a total transaction of $6,362,906.00. Following the transaction, the chief executive officer directly owned 865,633 shares of the company’s stock, valued at $104,741,593. The trade was a 5.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 55.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EchoStar

Several hedge funds have recently modified their holdings of the stock. Northern Trust Corp lifted its position in EchoStar by 1.3% during the 4th quarter. Northern Trust Corp now owns 1,767,338 shares of the communications equipment provider’s stock worth $192,110,000 after acquiring an additional 22,900 shares in the last quarter. Marshall Wace LLP raised its stake in shares of EchoStar by 104.0% during the fourth quarter. Marshall Wace LLP now owns 1,435,531 shares of the communications equipment provider’s stock valued at $156,042,000 after purchasing an additional 731,806 shares during the period. Invesco Ltd. lifted its position in shares of EchoStar by 30.1% during the second quarter. Invesco Ltd. now owns 913,292 shares of the communications equipment provider’s stock worth $25,298,000 after purchasing an additional 211,421 shares in the last quarter. Stonehill Capital Management LLC lifted its position in shares of EchoStar by 14.0% during the third quarter. Stonehill Capital Management LLC now owns 856,806 shares of the communications equipment provider’s stock worth $65,426,000 after purchasing an additional 105,388 shares in the last quarter. Finally, Amundi purchased a new position in shares of EchoStar in the fourth quarter valued at $63,966,000. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

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.