Telesat Corporation (TSE:TSAT)
NASDAQ:TSAT
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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%)
Day’s Range― - ―
52-Week RangeC$23.65 - C$81.61
Previous CloseN/A
Volume1.44K
Average Volume (3M)56.09K
Market Cap
C$1.03B
Enterprise ValueC$3.17B
Total Cash (Recent Filing)C$522.73M
Total Debt (Recent Filing)C$3.64B
Price to Earnings (P/E)―
Beta1.38
Next Earnings
Aug 07, 2026EPS Estimate
-1.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-11.78
Shares Outstanding15,105,250
10 Day Avg. Volume63,792
30 Day Avg. Volume56,086
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.09
Price to Sales (P/S)1.39
P/FCF Ratio-0.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$75.39Price Target Upside6.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-7.43
Revenue Forecast (FY)C$319.13M
Bulls Say, Bears Say
Bulls Say
High Gross Margin & Improving Operating ProfitSustained gross margins near 64% and a shift to ~15% operating margin indicate structural unit economics and operational leverage in satellite services. That margin profile supports long-term service profitability, enabling reinvestment in network capacity and improving resilience versus cyclical revenue swings.
Recurring, Contracted Service Revenue MixA business model built on long-term capacity leases and managed services provides recurring, contractually backed revenue and customer stickiness. This reduces top-line volatility, enhances revenue visibility over multi-year horizons, and supports predictable operational planning and capacity utilization.
Strategic LEO (Lightspeed) ProgramThe Lightspeed LEO initiative is a structural growth platform that can materially expand addressable markets (enterprise, telecom, government broadband). If successfully financed and executed, it can diversify revenue away from legacy GEO services and establish a differentiated, high-growth connectivity franchise.
Bears Say
Extremely High LeverageDebt relative to equity of roughly 7x materially constrains financial flexibility and raises refinancing and covenant risk. High leverage increases sensitivity to revenue shocks and interest costs, limiting the company’s ability to fund Lightspeed or absorb operational setbacks without dilutive financing.
Large Negative Cash Flow And Cash BurnPersistent negative operating and very large negative free cash flow reflect substantial cash burn from network investments. This raises near-to-medium-term funding needs, elevates execution risk for capital-intensive projects, and increases probability of equity issuance or onerous financing terms.
Shrinking Revenue & Deep Net LossesMulti-period revenue decline and outsized net losses indicate worsening scale and profitability at the bottom line despite operating improvements. Continued top-line contraction undermines margin leverage, weakens covenant capacity, and hampers the firm's ability to self-fund strategic capital projects.
Telesat Corp News
TSAT FAQ
What was Telesat Corporation’s price range in the past 12 months?
Telesat Corporation lowest stock price was C$23.65 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$1.03B.
When is Telesat Corporation’s upcoming earnings report date?
Telesat Corporation’s upcoming earnings report date is Aug 07, 2026 which is in 51 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.
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
Telesat Corp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$75.39 (6.28% Upside)
C$75.39 (6.28% Upside)
Blogger Sentiment
Bullish
TSE:TSAT Sentiment 70%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Negative
Last 7 Days ▼ 14.1%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
180.61%
12-Months-Change
Fundamentals
Return on Equity
-32.99%
Trailing 12-Months
Asset Growth
-3.14%
Trailing 12-Months
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.
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 summariesTSAT Stock 12 Month Forecast
Average Price Target
C$75.39
▲(6.28% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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