EchoStar's stock has for months been seen as a way to more cheaply get exposure to SpaceX.
EchoStar (SATS) has a sizeable stake in the newly public SpaceX (SPCX) – one that's being largely underappreciated by market participants, says New Street's senior analyst David Barden. In a recent note to clients, Barden raised his price target on the telecommunications firm to $165, indicating potential upside of an exciting 40% on its previous close.
EchoStar Corp (NASDAQ:SATS) is down 4.8% at $120.10, paring some of yesterday's 11.2% rally as investors react to SpaceX's historic initial public offering (IPO).
Space takes over the stock market as investors gear up for rocket and AI company SpaceX's blockbuster trading debut.
SATS targets about $44.65B in transactions with AT&T and SpaceX to monetize spectrum, reduce debt and expand wireless offerings.
SATS' Wireless and Broadband gains lifted OIBDA and narrowed losses, even as Pay-TV and broadband subscriber declines persist.
I've been watching EchoStar (NASDAQ:SATS | SATS Price Prediction) for years as a slow-motion satellite story that never quite worked.
EchoStar swapped some of its wireless spectrum for a 2% stake in SpaceX in September. It's stock has doubled since then.
EchoStar (SATS) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.87. This compares to a loss of $0.71 per share a year ago.
On April 21, 2026, EchoStar Corp (SATS) shares fell 8.3%, closing at $123.86. This decline is notable within the context of the stock's performance over the pas
EchoStar (SATS) has executed a remarkable turnaround. Since the middle of 2025, the stock price has surged from $15 to $127 as investors regard the firm as a practical tracking stock for SpaceX's anticipated $2 trillion IPO.
EchoStar (SATS) forms a bull flag after a 161% rally, reclaiming key moving averages and support, with Fibonacci targets indicating potential for a new trend high.