EchoStar Corporation (SATS) Q4 2025 Earnings Call Transcript
Although the revenue and EPS for EchoStar (SATS) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
EchoStar (SATS) came out with a quarterly loss of $1.03 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to earnings of $1.24 per share a year ago.
SATS is likely to report a wider Q4 loss and revenue decline. SpaceX spectrum deal aims to fuel a capital-light turnaround.
EchoStar has transformed from a debt-laden spectrum play into a proxy for SpaceX, following major asset sales and a strategic pivot. SATS now holds an estimated $25B SpaceX stake, up nearly 3x since acquisition, and retains valuable spectrum and net cash. The current NAV estimate is ~$160-180/share, about 30-50% above market, with a SpaceX IPO as a clear catalyst.
EchoStar (SATS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
EchoStar boosts next-gen satellite reach as Hughes launches ruggedized LEO terminals for OneWeb, targeting enterprise, disaster response and remote ops.
Satsuma Technology PLC (LSE:SATS) shares rose as much as 28% in early trading after the company announced proposed board changes and the sale of 579 Bitcoin, raising net proceeds of about £40mn. The company said the moves form part of preparations for a planned uplisting to the Financial Conduct Authority's Official List and trading on the London Stock Exchange's main market.
Telecommunications stock EchoStar Corp (NASDAQ:SATS) was last seen up 6.4% to trade at $99.54, after an upgrade from Morgan Stanley to "overweight" from "equal weight," with a price-target hike to $110 from $82.The firm stated that “as a seller of Spectrum, SATS shares are either immune or stand to benefit from rising competition among US wireless carriers, creating a unique risk/reward relative to the broader industry,” Prior to today, SATS was already rallying due buzz over a potential SpaceX initial public offering (IPO) in 2026, as the company holds significant stake.
EchoStar (SATS) rallied nearly 300% since the start of 2025. George Tsilis attributes much of that rally to SpaceX and its equity connection to the Elon Musk's private company.
EchoStar Corporation is rated Buy, driven by transformative deals with AT&T and SpaceX that significantly improve its capital structure and strategic positioning. SATS's hybrid MNO model leverages AT&T's infrastructure and SpaceX's satellite network, transitioning Wireless to a capital-light, scalable business with reduced overhead. Pending regulatory approval of the AT&T and SpaceX deals is critical; successful closure enables material debt reduction and a potential $8.5B equity stake in SpaceX.
T gains ground with EchoStar's 3.45 GHz mid-band spectrum, boosting 5G speeds and slashing expansion costs nationwide.