EchoStar (NASDAQ:SATS) Hits New 1-Year High – Here’s Why

Posted by Stanley Muller on May 13th, 2026

EchoStar Corporation (NASDAQ:SATS – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $137.47 and last traded at $135.3360, with a volume of 4201997 shares traded. The stock had previously closed at $129.38.

Analyst Ratings Changes

SATS has been the topic of a number of recent research reports. Citigroup lifted their target price on EchoStar from $111.00 to $121.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. UBS Group lifted their target price on EchoStar from $125.00 to $127.00 and gave the stock a “neutral” rating in a report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of EchoStar in a report on Monday, April 20th. Finally, Zacks Research cut EchoStar from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, EchoStar has a consensus rating of “Hold” and a consensus target price of $134.17.

Read Our Latest Research Report on SATS

EchoStar Trading Up 3.0%

The firm has a market cap of $38.48 billion, a price-to-earnings ratio of -2.65 and a beta of 0.95. The company has a 50-day moving average price of $119.52 and a 200 day moving average price of $105.96. The company has a quick ratio of 0.38, a current ratio of 0.42 and a debt-to-equity ratio of 3.21.

EchoStar (NASDAQ:SATS – Get Free Report) last issued its earnings results on Monday, May 11th. The communications equipment provider reported ($0.51) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.03). The business had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.65 billion. EchoStar had a negative return on equity of 4.23% and a negative net margin of 97.56%.During the same period last year, the business earned ($0.71) EPS. As a group, research analysts anticipate that EchoStar Corporation will post -2.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, COO John Swieringa sold 50,088 shares of EchoStar stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $113.58, for a total transaction of $5,688,995.04. Following the completion of the sale, the chief operating officer owned 253,535 shares of the company’s stock, valued at approximately $28,796,505.30. This trade represents a 16.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Hamid Akhavan sold 71,005 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $107.52, for a total value of $7,634,457.60. Following the completion of the sale, the chief executive officer directly owned 823,293 shares of the company’s stock, valued at $88,520,463.36. This represents a 7.94% decrease in their position. The disclosure for this sale is available in the SEC filing. 55.70% of the stock is currently owned by company insiders.

Institutional Trading of EchoStar

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. DLD Asset Management LP acquired a new stake in shares of EchoStar in the third quarter worth about $2,481,700,000. Sachem Head Capital Management LP acquired a new stake in shares of EchoStar in the fourth quarter worth about $568,218,000. Icahn Carl C acquired a new stake in shares of EchoStar in the third quarter worth about $332,513,000. Geode Capital Management LLC lifted its position in shares of EchoStar by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 3,524,576 shares of the communications equipment provider’s stock worth $382,595,000 after buying an additional 48,671 shares during the last quarter. Finally, Contrarius Group Holdings Ltd lifted its position in shares of EchoStar by 68.6% in the fourth quarter. Contrarius Group Holdings Ltd now owns 2,181,728 shares of the communications equipment provider’s stock worth $237,154,000 after buying an additional 887,611 shares during the last quarter. Institutional investors and hedge funds own 33.62% of the company’s stock.

EchoStar Company Profile

(Get Free Report)

EchoStar Corporation (NASDAQ: SATS) is a global provider of satellite communication solutions, offering a suite of broadband and video delivery services to consumer, enterprise and government customers. The company operates two principal business segments: Broadband and Video. Through its Broadband segment, EchoStar delivers high-speed satellite internet access, managed network services and ground infrastructure for residential, commercial and rural markets. Its Video segment provides satellite fleet operations, teleport facilities and capacity-leasing services to video distributors and content providers.

In the Broadband segment, EchoStar’s Hughes Network Systems division designs and manufactures satellite broadband equipment, including user terminals and gateways, and develops advanced network management technologies.