Echostar (ECHO) Projected to Post Earnings on Thursday

by · The Markets Daily

Echostar (NASDAQ:ECHO – Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Echostar to announce earnings of $3.07 per share and revenue of $3.00 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Echostar (NASDAQ:ECHO – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $24.12 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $24.14. Echostar had a negative net margin of 38.71% and a negative return on equity of 1.28%. The company had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter in the prior year, the firm earned ($1.06) earnings per share. The firm’s revenue was down 4.0% compared to the same quarter last year. On average, analysts expect Echostar to post ($0.27) EPS for the current fiscal year and $2.07 EPS for the next fiscal year.

Echostar Stock Down 0.7%

Echostar stock traded down $0.72 during trading hours on Friday, reaching $96.94. 4,661,424 shares of the company’s stock were exchanged, compared to its average volume of 4,385,329. The company has a debt-to-equity ratio of 1.13, a current ratio of 5.20 and a quick ratio of 5.12. The firm has a market cap of $28.16 billion, a price-to-earnings ratio of -3.89 and a beta of 1.06. The stock’s 50 day moving average price is $90.95. Echostar has a twelve month low of $65.76 and a twelve month high of $147.25.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ECHO shares. Morgan Stanley assumed coverage on Echostar in a research report on Monday, September 14th. They set an “overweight” rating and a $134.00 price objective for the company. JPMorgan Chase & Co. started coverage on Echostar in a research report on Friday, October 16th. They set an “overweight” rating and a $144.00 target price on the stock. Zacks Research raised Echostar from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. UBS Group raised Echostar from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $127.00 to $150.00 in a research report on Tuesday, September 8th. Finally, Raymond James Financial upgraded Echostar from a “market perform” rating to a “strong-buy” rating and set a $115.00 price objective on the stock in a report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $138.56.

View Our Latest Stock Report on Echostar

Insiders Place Their Bets

In related news, Director Stephen Bye sold 8,508 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $89.83, for a total transaction of $764,273.64. Following the completion of the sale, the director directly owned 653 shares in the company, valued at approximately $58,658.99. The trade was a 92.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William Wade sold 2,575 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $92.65, for a total value of $238,573.75. Following the completion of the sale, the director owned 2,749 shares in the company, valued at approximately $254,694.85. The trade was a 48.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,508 shares of company stock valued at $1,224,686 in the last quarter. 54.60% of the stock is owned by company insiders.

Echostar Company Profile

(Get Free Report)

EchoStar Corporation is a global provider of satellite communications, broadband connectivity and wireless services. The company operates through businesses that serve consumers, enterprises, governments and other organizations with connectivity solutions delivered through satellite, wireless and terrestrial networks.

EchoStar’s portfolio includes Hughes, which provides satellite and managed broadband services, as well as satellite television and wireless communications businesses associated with the DISH Network combination completed in 2024.

Featured Articles