ECHO · NASDAQ · Telecommunications Services

EchoStar (ECHO)

Operating DISH, Sling, Boost, and Hughes across video, wireless, and satellite broadband.

$95.69
vs last close+0.33 (+0.35%)
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EchoStar CorporationECHO
Communication Services

Combines DISH and Sling subscription video, Boost and Gen Mobile wireless, and Hughes satellite broadband and managed networking. The group earns recurring service revenue alongside device and equipment sales, while its hybrid wireless model relies on AT&T and T-Mobile network access.

Runs DISH TV and Sling TV subscription-video services, Boost Mobile and Gen Mobile wireless offerings, and Hughes broadband, managed-network, satellite-capacity, and terminal businesses. Revenue combines recurring subscriptions and services with device, equipment, advertising, and related hardware sales across a primarily U.S. video and wireless base and Hughes customers in the Americas and worldwide enterprise, aviation, operator, and government markets.

Operates Wireless as a hybrid MNO: it retains a 5G core while relying primarily on AT&T for radio-network service and maintaining AT&T and T-Mobile MVNO arrangements. Pay-TV depends on third-party programming, satellite transmission capacity, and broadband access; satellite, spectrum, video, and wireless operations require FCC and foreign authorizations. Charles W. Ergen’s voting control concentrates shareholder decision-making.

Company facts

CEOCharles W. Ergen
ListedJan 2, 2008
ExchangeNASDAQ
HeadquartersEnglewood, CO
CountryUnited States
Employees12,100
CIK0001415404
ISINUS2787681061

Market cap$15.11B
EPS (ttm)−$24.94
P/E (ttm)−3.82
ROE-69.7%
P/B1.06
P/S1.03
Dividend yieldDiv yield
Beta1.47vs XLC 0.15

Price target$135.50+42.1%Average of 4 analysts
ConsensusBuy4 of 4 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026Morgan StanleyTarget
Target:
Target: $134
Sep 8, 2026UBSUpgrade
Rating: NeutralTarget:
Rating: BuyTarget: $150
Jul 17, 2026Raymond JamesUpgrade
Rating: Market PerformTarget:
Rating: Strong BuyTarget: $115
Jul 15, 2026Deutsche BankReiterate
Rating: Target: $143
Rating: BuyTarget: $137
Jul 7, 2026Deutsche BankTarget
Target:
Target: $143

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.07
Revenue estimate
$3.48B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.24−$0.71−$1.06−$44.37−$4.27−$0.51$24.12Pending
Estimate−$0.55−$0.74−$0.93−$1.21−$0.94−$0.48−$0.10$0.07
Surprise+324.0%+4.6%−13.4%−3,560.3%−356.0%−6.6%+25,441.5%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$3.97B$3.87B$3.72B$3.61B$3.80B$3.67B$3.58BPending
Estimate$3.92B$3.88B$3.83B$3.73B$3.77B$3.65B$3.59B$3.48B
Surprise+1.1%−0.2%−2.7%−3.2%+0.8%+0.5%−0.3%
Estimate$0.07
ReportedDue Nov 5, 2026
Estimate$3.48B
ReportedDue Nov 5, 2026
View details

Debt to equity123.60%
Current ratio520.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.89B$3.97B$3.87B$3.72B$3.61B$3.80B$3.67B$3.58B
Net income−$214.1M$335.2M−$202.7M−$306.1M−$12.78B−$1.21B−$146.9M$8.46B
Net margin0.0%8.5%0.0%0.0%0.0%0.0%0.0%236.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$160.8M−$62.7M−$88.1M−$213.4M−$160.4M$370.8M$326.7M$512.9M
YoY growthLoss narrowedLoss widenedLoss widenedLoss narrowedTurned profitTurned profitTurned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $496.2M · Total debt $17.55B · Total assets $39.43B · Shareholders' equity $14.20B

Revenue
$3.58B
Operating income
$512.9M
Net income
$8.46B
View details

No dividends on record.

Insiders56.20%163.25M shares
9 holders · as of Aug 14, 2026
Strategic holders32.90%95.57M shares
3 holders · as of Aug 13, 2026
Other10.90%31.67M shares
remainder

290.49M company shares as of Sep 22, 2026 · holders as of their latest filing

Two share counts disagree (290.49M in the company's Sep 22, 2026 report, 158.47M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Charles W. Ergen1Insiderdirector, 10 percent owner, officer: CHAIRMAN, PRES and CEO
51.18%148.68M COMPANYfiled Jul 31, 2026
Telluray Holdings, LLCStrategic10 percent owner
26.32%76.46M Bfiled Jul 14, 2026
Two-Year June 2025 SATS GRAT ErgenInsider10 percent owner
4.99%14.48M Bfiled Jun 30, 2026
State Street CorporationStrategic
3.67%10.67Mfiled Aug 7, 2026
Wellington Management Group LLPStrategic
2.91%8.44Mfiled Aug 13, 2026
  1. Charles W. Ergen's transaction reports restate only vehicles that traded; the 2026 ownership statement (148.68M) is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026William David Wadedirector−2,425$91.48
Aug 12, 2026William David Wadedirector−2,575$92.65
Aug 7, 2026Stephen J. Byedirector−8,508$89.83
View details

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  • Viasat

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Compare

CompanyPriceChange
EchoStar$95.69+0.35%$15.11B33.21.0−4.0%
Comcast$22.66−1.20%$81.37B7.46.50.7−1.2%
Charter Communications$118.59−3.86%$16.62B3.22.80.3−1.7%
AT&T$25.19−1.01%$174.53B8.510.51.4+2.3%
T-Mobile$164.18−0.66%$177.28B17.313.11.9+7.9%
Verizon$47.17−1.08%$199.09B12.49.31.4−0.7%
Alphabet Class A$354.13−0.24%$4.30T17.826.49.6+24.2%
SpaceX$152.78+0.61%$2.00T104.1
Viasat$76.07−0.40%$10.52B2.3−1.2%
Median10.410.51.4−0.7%