EchoStar (SATS) to Post Quarterly Earnings on Thursday

EchoStar (NASDAQ:SATS) is expected to be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect EchoStar to announce earnings of ($0.02) per share and revenue of $3.5868 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 31, 2026 at 12:00 PM ET.

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

EchoStar Stock Performance

Shares of SATS stock opened at $103.80 on Thursday. EchoStar has a 1 year low of $24.15 and a 1 year high of $147.25. The stock has a market cap of $30.08 billion, a PE ratio of -2.07 and a beta of 0.94. The stock has a fifty day moving average price of $114.65 and a 200 day moving average price of $117.02. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.27 and a current ratio of 0.30.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SATS. Wall Street Zen raised shares of EchoStar from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Williams Trading set a $155.00 price objective on shares of EchoStar in a research note on Monday, May 18th. Weiss Ratings restated a “sell (d-)” rating on shares of EchoStar in a research report on Monday, April 20th. New Street Research set a $165.00 target price on EchoStar in a research note on Monday, June 15th. Finally, TD Cowen upped their target price on EchoStar from $129.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $137.71.

Insider Activity at EchoStar

In related news, CEO Hamid Akhavan sold 52,586 shares of the firm’s 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 sale, the chief executive officer owned 865,633 shares in the company, valued at approximately $104,741,593. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.

Hedge Funds Weigh In On EchoStar

Several large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its stake in EchoStar by 6.0% in the 1st quarter. AQR Capital Management LLC now owns 26,805 shares of the communications equipment provider’s stock worth $672,000 after buying an additional 1,511 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in EchoStar by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,482 shares of the communications equipment provider’s stock valued at $1,854,000 after buying an additional 3,199 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of EchoStar by 8.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 331,476 shares of the communications equipment provider’s stock valued at $8,479,000 after acquiring an additional 24,749 shares during the last quarter. Strs Ohio purchased a new stake in EchoStar in the first quarter valued at approximately $128,000. Finally, Hsbc Holdings PLC grew its holdings in EchoStar by 18.6% in the second quarter. Hsbc Holdings PLC now owns 13,528 shares of the communications equipment provider’s stock valued at $377,000 after purchasing an additional 2,119 shares during the period. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

About EchoStar

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.