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Telesat Corporation (TSE:TSAT)
NASDAQ:TSAT
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Telesat Corp (TSAT) Price & Analysis

60 Followers

TSAT Stock Chart & Stats

C$70.94
-C$0.89(-3.45%)
At close: 4:00 PM EST
C$70.94
-C$0.89(-3.45%)

Bulls Say, Bears Say

Bulls Say
High Gross And Operating MarginsSustained ~64% gross margin and a return to positive operating margins indicate strong unit economics and improved cost structure. These margin levels support durable profit potential on contracted capacity sales and help absorb fixed-satellite operating costs over a multi-quarter horizon.
Recurring Contract-based Revenue ModelA business built on long-term capacity leases and managed services gives predictable, recurring revenue and high customer retention. That contract visibility supports planning for network maintenance and phased Lightspeed commercialization across 2–6 months and beyond.
Strategic LEO Lightspeed Growth ProgramOwning a LEO broadband constellation is a durable strategic asset that targets growing demand for global low-latency connectivity. If executed, Lightspeed could materially expand addressable markets (enterprise, telecom, government) and diversify revenue beyond legacy GEO services.
Bears Say
Extremely High LeverageDebt-to-equity near 7x materially reduces balance-sheet flexibility, increases refinancing and interest-rate sensitivity, and magnifies downside if revenues or Lightspeed timing slip. Heavy leverage constrains investment optionality and raises solvency risk over coming quarters.
Negative Operating And Free Cash FlowPersistent negative OCF and very large negative FCF signal material cash burn from operations and capex. Continued outflows heighten funding risk, could force dilutive financing or curtailed investment, and limit ability to sustain Lightspeed deployment without external capital.
Shrinking Revenue And Persistent Net LossesDeclining top-line with large net losses and negative ROE indicates erosion of scale and shareholder value. Until revenue stabilizes and net losses are meaningfully reduced, profitability remains fragile and the company is reliant on structural change or successful Lightspeed monetization to reverse the trend.

Telesat Corp News

TSAT FAQ

What was Telesat Corporation’s price range in the past 12 months?
Telesat Corporation lowest stock price was C$27.36 and its highest was C$81.61 in the past 12 months.
    What is Telesat Corporation’s market cap?
    Telesat Corporation’s market cap is C$918.11M.
      When is Telesat Corporation’s upcoming earnings report date?
      Telesat Corporation’s upcoming earnings report date is Aug 07, 2026 which is in 27 days.
        How were Telesat Corporation’s earnings last quarter?
        Telesat Corporation released its earnings results on May 05, 2026. The company reported -C$3.04 earnings per share for the quarter, missing the consensus estimate of -C$0.927 by -C$2.113.
          Is Telesat Corporation overvalued?
          According to Wall Street analysts Telesat Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Telesat Corporation pay dividends?
            Telesat Corporation does not currently pay dividends.
            What is Telesat Corporation’s EPS estimate?
            Telesat Corporation’s EPS estimate is -1.22.
              How many shares outstanding does Telesat Corporation have?
              Telesat Corporation has 15,105,250 shares outstanding.
                What happened to Telesat Corporation’s price movement after its last earnings report?
                Telesat Corporation reported an EPS of -C$3.04 in its last earnings report, missing expectations of -C$0.927. Following the earnings report the stock price went down -1.734%.
                  Which hedge fund is a major shareholder of Telesat Corporation?
                  Currently, no hedge funds are holding shares in TSE:TSAT
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Telesat Corporation

                    Telesat Corporation functions as a premier satellite communications provider, delivering essential connectivity solutions worldwide to clients in the broadcast, enterprise, and consulting fields. The company empowers direct-to-home (DTH) service providers to transmit television, audio, and data channels straight into customers' residences. It also enables broadcasters, cable networks, and DTH operators to disseminate television programming. Complementary services include satellite bandwidth, digital video encoding, access control, and ground station uplinking and downlinking. For temporary communication needs, such as live news, sports, and event coverage, Telesat offers occasional use services. For businesses, Telesat provides complete satellite and ground infrastructure services to support enterprise connectivity, internet and cellular backhaul, and rural telephony for telecommunications carriers and network services integrators. Furthermore, its broadband communication services cater to the maritime and aeronautical sectors, supporting commercial airplanes and vessels. Telesat also serves the U.S. government through integrators, provides satellite services to the Canadian government, and offers direct-to-consumer broadband. Its operations extend to the oil and gas and mining industries, where it manages satellite and hybrid satellite/terrestrial networks. Additionally, the company provides satellite operator support and expert consulting on space and earth segments, government analyses, satellite control, and research and development. Telesat primarily reaches its customers via a dedicated direct sales team. As of December 31, 2021, the company's assets included a constellation of 14 geostationary satellites in orbit and a Canadian payload hosted on the ViaSat-1 satellite. Founded in 1969, Telesat Corporation is based in Ottawa, Canada.

                    Telesat Corp (TSAT) Earnings & Revenues

                    TSAT Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call conveyed clear operational and strategic progress — notably a positive adjusted EBITDA beat, robust Lightspeed development, strategic defense-focused spectrum and partnership wins, and available project financing — but balanced by meaningful near-term financial and execution risks: a materially larger net loss, a sizable decline forecast for legacy GEO revenue, heavy Lightspeed cash burn ($1.0–$1.2B guidance for 2026), and the need to refinance $1.7B of Telesat Canada debt by December 2026. The company portrays confidence in addressing schedule and supply-chain risks (Mil Ka addition and chip supply) and expects to grow Lightspeed backlog, yet the combination of refinancing risk and elevated near-term spend tempers the overall picture.View all TSE:TSAT earnings summaries

                    TSAT Stock 12 Month Forecast

                    Average Price Target

                    C$99.00
                    ▲(39.55% Upside)
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