Echostar (NASDAQ:ECHO) Posts Quarterly Earnings Results, Beats Estimates By $4.90 EPS

Posted by Brian Himes on Nov 3rd, 2026

Echostar (NASDAQ:ECHO – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $7.97 earnings per share for the quarter, topping analysts’ consensus estimates of $3.07 by $4.90, FiscalAI reports. Echostar had a negative return on equity of 1.28% and a negative net margin of 38.71%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $3.00 million.

Echostar Stock Up 3.1%

NASDAQ:ECHO traded up $3.01 during mid-day trading on Tuesday, reaching $101.24. The company’s stock had a trading volume of 620,150 shares, compared to its average volume of 6,101,013. The company has a debt-to-equity ratio of 1.13, a current ratio of 5.20 and a quick ratio of 5.12. Echostar has a 1 year low of $65.76 and a 1 year high of $147.25. The business’s fifty day simple moving average is $91.18. The stock has a market capitalization of $29.41 billion, a price-to-earnings ratio of -4.06 and a beta of 1.06.

Insider Transactions at Echostar

In other news, Director Stephen J. Bye sold 8,508 shares of the 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 transaction, the director directly owned 653 shares in the company, valued at approximately $58,658.99. This trade represents a 92.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William Wade sold 2,575 shares of Echostar stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $92.65, for a total transaction of $238,573.75. Following the transaction, the director directly owned 2,749 shares in the company, valued at approximately $254,694.85. The trade was a 48.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,508 shares of company stock worth $1,224,686 in the last three months. Insiders own 54.60% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on ECHO shares. Morgan Stanley started coverage on Echostar in a report on Monday, September 14th. They issued an “overweight” rating and a $134.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Echostar in a report on Friday, October 2nd. JPMorgan Chase & Co. assumed coverage on shares of Echostar in a research report on Friday, October 16th. They set an “overweight” rating and a $144.00 price objective on the stock. UBS Group raised shares of Echostar from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $127.00 to $150.00 in a report on Tuesday, September 8th. Finally, Citigroup dropped their target price on shares of Echostar from $126.00 to $117.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $138.56.

Read Our Latest Report on ECHO

Trending Headlines about Echostar

Here are the key news stories impacting Echostar this week:

Positive Sentiment: Potential SpaceX-Boost Mobile deal: SpaceX is reportedly in talks to buy Boost Mobile or gain access to EchoStar’s wireless network. A transaction could provide EchoStar with capital while giving SpaceX more than seven million existing customers and a faster route into the U.S. wireless market. The combination of Starlink satellite coverage and Boost’s terrestrial 5G operations could create a stronger competitor to established carriers. SpaceX Starlink’s Telecom Ground Game Takes Shape
Positive Sentiment: Quarterly earnings exceeded estimates: EchoStar reported earnings per share of $7.97, well above the $3.07 analyst consensus. Revenue was reported at $1.13 billion, although the cited comparison with a $3 million consensus appears unusual and may reflect a data error. The earnings beat is supporting investor interest, but it should be weighed against the company’s ongoing losses and weak profitability. EchoStar quarterly earnings
Neutral Sentiment: Deal remains unconfirmed: Reports describe negotiations rather than a signed agreement. The transaction’s value to EchoStar will depend on its structure, the amount of cash received and whether Boost’s network contracts can be transferred or maintained.
Negative Sentiment: Financial and execution risks remain: EchoStar continues to report a negative net margin of 38.71% and negative return on equity. Boost also relies on network leases from competitors such as AT&T and T-Mobile, which could resist or renegotiate access if SpaceX becomes a more direct wireless rival. These factors could complicate any deal and limit the benefits to EchoStar shareholders. SpaceX in talks to buy EchoStar’s Boost Mobile

About Echostar

(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.