Want to see ECHO full AI Analyst Report?
Top Page
Echostar
(NASDAQ:ECHO)
Select Model
Select Model
Rating:44Neutral
Price Target:
$84.00
▼(-4.42% Downside)
Action:Reiterated
Date:08/08/26
Overall score is held down primarily by weak financial performance (large losses, shrinking revenue, and negative TTM operating/free cash flow) and bearish technicals (price below key moving averages with negative MACD). Earnings-call disclosures provide some offset via strong liquidity and asset backing, but material restructuring and liability uncertainties remain, while valuation appears elevated given current profitability.
Positive Factors
Large liquidity and SpaceX stake
A $14–$15B cash reserve combined with a sizable SpaceX equity position provides durable financial optionality. These assets materially reduce near-term refinancing pressure, enable staged liability resolution or strategic investments, and create time for operational turnarounds without forcing distressed asset sales.
Negative Factors
Very high total debt load
A roughly $39B debt burden versus current earnings weakens financial resilience. Even with equity gains, leverage constrains strategic options, increases interest expense sensitivity, and limits investment or recovery runway if operating results don’t sustainably improve across the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Large liquidity and SpaceX stake
A $14–$15B cash reserve combined with a sizable SpaceX equity position provides durable financial optionality. These assets materially reduce near-term refinancing pressure, enable staged liability resolution or strategic investments, and create time for operational turnarounds without forcing distressed asset sales.
Read all positive factors
Echostar Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Breaks down operating profit across the company’s business lines, revealing which segments generate earnings and which are loss-making; useful for spotting where management should allocate capital or cut costs.
Breaks down operating profit across the company’s business lines, revealing which segments generate earnings and which are loss-making; useful for spotting where management should allocate capital or cut costs.
Data provided by:
The Fly
The FlyEchostar (ECHO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$26.87B
Dividend YieldN/A
Average Volume (3M)9.93M
Price to Earnings (P/E)―
Beta (1Y)1.06
Revenue Growth-5.17%
EPS Growth-1670.60%
CountryUS
Employees12,100
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-19.89
Shares Outstanding159,142,240
10 Day Avg. Volume5,394,006
30 Day Avg. Volume9,932,242
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)5.42
Price to Sales (P/S)2.08
P/FCF Ratio-29.35
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$120.00Price Target Upside36.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-1.02
Revenue Forecast (FY)$14.36B
Echostar Business Overview & Revenue Model
Company Description
EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, and Broadband a...
How the Company Makes Money
EchoStar makes money primarily by selling connectivity and network services that rely on its satellite and terrestrial infrastructure. A major revenue driver is broadband service delivered under the Hughes brand, where the company earns recurring ...
Echostar Earnings Call Summary
Earnings Call Date:Aug 03, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 11, 2026
Earnings Call Sentiment Negative
The call conveyed a mix of meaningful financial strengths (large cash balance, sizable SpaceX stake, spectrum holdings, expanded buyback authorization and a path to resolve DISH Wireless) alongside substantial near-term risks and uncertainties (Hughes Chapter 11, a large $5–$7 billion estimated tax/termination liability, pending FCC waiver for spectrum sales, ongoing litigation with tower companies, and Boost Mobile underperformance). Management emphasized capital prudence and a measured approach to investments and buybacks, but the significant restructuring and tax exposures create material execution and timing risk.Positive Updates
Strong Liquidity and Asset Base
Management reports approximately $14–$15 billion in cash on hand, ownership of 261.8 million SpaceX shares, and a portfolio of spectrum assets (AWS-3, CBRS, 700 MHz). The SpaceX transaction is expected to eliminate almost $8 billion of debt at closing, and $1.9 billion of convertible debt is in the money.
Negative Updates
Hughes Entities Filed Chapter 11
Hughes Corporation filed Chapter 11 following an August 1 $1.5 billion bond maturity; the filing is limited to Hughes entities but creates material uncertainty around timing and outcomes. Management will not take questions on Hughes and expects restructuring litigation that could be prolonged.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Liquidity and Asset Base
Management reports approximately $14–$15 billion in cash on hand, ownership of 261.8 million SpaceX shares, and a portfolio of spectrum assets (AWS-3, CBRS, 700 MHz). The SpaceX transaction is expected to eliminate almost $8 billion of debt at closing, and $1.9 billion of convertible debt is in the money.
Read all positive updates
Company Guidance
The company gave guarded guidance focused on capital allocation and known liabilities: the Board increased share‑repurchase authorization to up to $5.0 billion, but buybacks are contract‑restricted and management says it will be cautious; EchoStar holds roughly $14–$15 billion of cash (with $2.4 billion placed in escrow for the FCC‑mandated network wind‑down), and estimates total costs/taxes (including wireless network termination and potential 1033 adjustments) in the $5.0–$7.0 billion range; EchoStar also holds 261.8 million SpaceX shares, has about $5.0 billion of debt (excluding Hughes), nearly $8.0 billion of debt slated to be paid at SpaceX deal closing, and $1.9 billion of convertible debt currently in the money; Hughes faced a $1.5 billion bond maturity and filed Chapter 11, the company is awaiting an FCC waiver to monetize remaining spectrum, Boost was only slightly cash‑positive this quarter but lost subscribers, and DISH‑related restructuring timelines include a DISH Wireless confirmation hearing on October 13 with a potential Q4 wrap‑up.Echostar Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
32
Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.65B | 15.00B | 15.83B | 17.02B | 18.63B | 19.82B |
| Gross Profit | 4.33B | 3.87B | 5.69B | 5.07B | 6.42B | 7.32B |
| EBITDA | -5.61B | -15.79B | 2.34B | -247.35M | 4.59B | 4.67B |
| Net Income | -5.67B | -14.50B | -119.55M | -1.70B | 2.48B | 2.49B |
Balance Sheet | ||||||
| Total Assets | 39.43B | 43.02B | 60.94B | 57.11B | 58.75B | 6.05B |
| Cash, Cash Equivalents and Short-Term Investments | 496.19M | 2.06B | 5.55B | 2.44B | 4.31B | 1.55B |
| Total Debt | 17.55B | 31.01B | 29.81B | 25.89B | 25.72B | 1.65B |
| Total Liabilities | 25.22B | 37.20B | 40.69B | 36.72B | 36.70B | 2.63B |
| Stockholders Equity | 14.20B | 5.77B | 20.19B | 19.88B | 21.49B | 3.35B |
Cash Flow | ||||||
| Free Cash Flow | -271.44M | -1.07B | -292.18M | -668.27M | 570.72M | 160.25M |
| Operating Cash Flow | -85.32M | -99.37M | 1.25B | 2.43B | 3.62B | 632.23M |
| Investing Cash Flow | 1.21B | -1.40B | -3.05B | -2.81B | -9.06B | 168.81M |
| Financing Cash Flow | -2.32B | -910.31M | 4.48B | -277.12M | -274.45M | -1.16B |
Echostar Technical Analysis
Neutral
87.88
Price Trends
99.25
Negative
112.17
Negative
106.41
Negative
Market Momentum
-2.43
Negative
49.04
Neutral
75.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ECHO, the sentiment is Neutral. The current price of 87.88 is below the 20-day moving average (MA) of 88.94, below the 50-day MA of 99.25, and below the 200-day MA of 106.41, indicating a neutral trend. The MACD of -2.43 indicates Negative momentum. The RSI at 49.04 is Neutral, neither overbought nor oversold. The STOCH value of 75.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ECHO.
Echostar Risk Analysis
Echostar disclosed 55 risk factors in its most recent earnings report. Echostar reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Echostar Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $5.26B | 56.57 | 20.12% | 1.31% | 3.10% | -12.30% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
59 Neutral | $20.10B | 4.01 | 30.43% | ― | -1.50% | 4.45% | |
58 Neutral | $10.78B | -161.19 | -17.64% | ― | 7.66% | -30.55% | |
51 Neutral | $28.84B | -33.11 | -32.33% | ― | 2256.89% | -12.66% | |
48 Neutral | $383.49M | -421.21 | -0.76% | ― | 30.03% | -113.24% | |
44 Neutral | $26.87B | -4.61 | -69.71% | ― | -5.17% | -1670.60% |
* Communication Services Sector Average
ECHO
Echostar
91.68
63.82
229.07%
CHTR
Charter Communications
156.53
-111.27
-41.55%
GSAT
Globalstar
82.61
55.90
209.28%
IRDM
Iridium Communications
49.78
25.41
104.23%
GOGO
Gogo
2.78
-9.35
-77.08%
ASTS
AST SpaceMobile
71.52
23.44
48.75%
Echostar Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Echostar Releases Cleansing Materials After Debt Talks End
Negative
Aug 7, 2026
Hughes Satellite Systems Corp. disclosed that confidential talks with certain holders of its 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026 regarding potential debt transactions did not result in any agreement, triggering a r...
Business Operations and StrategyExecutive/Board ChangesLegal Proceedings
Hughes Satellite Systems Initiates Chapter 11 Restructuring Process
Negative
Aug 3, 2026
On August 2, 2026, Hughes Satellite Systems Corporation and multiple wholly owned affiliates filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Texas, seeking joint administration and authorization to continue op...
Business Operations and StrategyLegal ProceedingsM&A TransactionsPrivate Placements and Financing
EchoStar Completes Major Spectrum Sale and Debt Reduction
Positive
Jul 28, 2026
On July 28, 2026, DISH DBS Corporation, an EchoStar-affiliated entity, fully repaid its 7.75% Senior Notes due July 1, 2026, totaling $2 billion in principal plus accrued interest, as authorized by the U.S. Bankruptcy Court overseeing its restruct...
Business Operations and StrategyExecutive/Board Changes
EchoStar Announces Leadership Reshuffle and Strategic Realignment
Negative
Jul 7, 2026
On July 6, 2026, EchoStar announced that Hamid Akhavan resigned effective immediately from his roles as Chief Executive Officer of EchoStar Capital, President and Chief Executive Officer of Hughes, and as a director on both EchoStar and Hughes boa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.