EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and internet services for home and small to medium-sized businesses; broadband network technologies; managed services; equipment, hardware, and communication solutions, as well as satellite services to service providers and enterprise customers; and designs, provides, and installs gateways and terminal equipment. This segment also designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals for mobile system operators and enterprise customers. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses on a full-time and/or occasional-use basis to the United States government service providers, Internet service providers, broadcast news organizations, content providers, and private enterprise customers, which include aeronautical and government enterprises. It serves in North America, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. EchoStar Corporation was incorporated in 2007 and is headquartered in Englewood, Colorado.
IPO Year:
Exchange: NASDAQ
Website: echostar.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $12.00 | Neutral → Underweight | JP Morgan |
1/17/2024 | $18.00 | Neutral | JP Morgan |
8/7/2023 | $28.00 | Outperform → Strong Buy | Raymond James |
11/4/2022 | $57.00 → $27.00 | Strong Buy → Outperform | Raymond James |
2/25/2022 | $64.00 → $60.00 | Strong Buy | Raymond James |
11/10/2021 | $63.00 → $64.00 | Strong Buy | Raymond James |
The iPhone 16 lineup is available to pre-order starting on Friday, September 13. Boost Mobile is the only carrier to offer $1,000 off the iPhone 16 lineup with no trade-in required. Boost Mobile service is now available through Apple Stores locations and Apple Store online. Boost Mobile customers can trade in an eligible iPhone through Apple Stores and apple.com and receive $180-$650 additional credits. LITTLETON, Colo., Sept. 12, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide carrier, will offer iPhone 16 and iPhone 16 Plus, which are built for Apple Intelligence1 with the all-new A18 chip, Camera Control, powerful upgrades to the advanced camera system, the Action button to quic
Boost Mobile service is now available through Apple Stores and apple.com. Boost Mobile customers can trade in an eligible iPhonei through Apple Stores and apple.com and receive $180-$650 additional credits. Customers will receive one FREE year of Boost Mobile service when they purchase iPhone 16 with $25/mo. Unlimited plan. iPhone 16 lineup and offers are available for pre-order starting Friday, September 13. LITTLETON, Colo., Sept. 9, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide wireless carrier, will offer iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max for pre-order starting Friday, September 13, through BoostMobile.com, Amazon US and, beginning this year, on a
No contracts or trade-in required. Experience Boost Mobile's 5G network, risk-free. Available for up to 5 lines at BoostMobile.com. LITTLETON, Colo., Sept. 4, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide wireless carrier, is launching a limited-time offer – one FREE year of service on Boost Mobile's $25 Unlimited plan. When new or existing customers purchase an eligible 5G phone, including the latest Apple and Samsung devices, at full price on BoostMobile.com, they will receive a free year of service or $300 off 12 months of service with the $50 Unlimited and $60 Unlimited Premium plans.1 This new offer provides exceptional value with no trade-in or minimum-line requirements.
Standalone 5G Network with enterprise management and control ensure Primary Alternate Contingency Emergency (PACE) planning for warfighter communications GERMANTOWN, Md., Aug. 27, 2024 /PRNewswire/ -- Hughes Network Systems and Boost Mobile, EchoStar (NASDAQ:SATS) companies, successfully demonstrated optimized, multi-transport network management for the U.S. Navy. The demonstration, which took place earlier this year, tested remote network orchestration, wide area network (WAN) resiliency, and secure Radio Access Network (RAN) sharing between standalone Private 5G networks operating at the U.S. Navy Air Station, Whidbey Island, Washington, and a base in Hawaii.
Multi-year partnership and launch of moto g 5G Coach Prime bring innovation and inspiration to customers and CU students, alumni and fans. LITTLETON, Colo., Aug. 26, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide wireless carrier, is now the official wireless provider for the University of Colorado. With this announcement, Boost Mobile is also releasing the Boost-exclusive moto g 5G Coach Prime, the latest premium device developed in partnership with Deion "Coach Prime" Sanders, renowned Pro Football Hall of Famer, Super Bowl champion, and Head Football Coach of the University of Colorado Buffaloes.
A leading supplier of enterprise class OneWeb LEO terminals GERMANTOWN, Md., Aug. 13, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar (NASDAQ:SATS) company, announced the shipment of over 5,000 HL1120W electronically steerable antenna (ESA) Low-Earth Orbit (LEO) terminals. This milestone solidifies Hughes as a leading supplier of enterprise-class OneWeb LEO terminals. The HL1120W terminal boasts a low-profile, full-duplex, self-aligning design with a built-in modem. Tailored for the Eutelsat OneWeb LEO constellation, it utilizes a phased array antenna with no mov
ENGLEWOOD, Colo., Aug. 9, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and six months ended June 30, 2024. Six Months Ended June 30, 2024: EchoStar reported total revenue of $7.97 billion for the six months ending June 30, 2024, compared to $8.74 billion in the year ago period.Net loss attributable to EchoStar in the first two quarters of 2024 was $312.97 million, compared to net income of $466.20 million in the year ago period. Diluted loss per share was $1.15, compared to earnings per share of $1.51 in the year ago per
ENGLEWOOD, Colo., Aug. 5, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its second quarter 2024 financial results on Friday, August 9, 2024, at noon Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q2 2024 Earnings Conference Call." Participant conference num
Eligible Visa small business cardholders can now save 25% off on the Hughes Managed Cybersecurity solution available through Visa SavingsEdge GERMANTOWN, Md., July 30, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar (NASDAQ:SATS) company, announced the launch of a small business package from Hughes Managed Cybersecurity, a turnkey managed solution designed to help keep employees and customers safe. Small businesses have access to a new offer that provides an affordable, enterprise-grade cybersecurity solution with automatic wireless backup connection. Hughes Managed Cybersecurity, powered by Fortinet's Next-Generation Firewall, continually protects business networks and data ag
Introducing the new Boost Mobile branding, and simple pricing, delivering the best value and a better wireless experience to U.S. consumers. New 30-day money-back guarantee allows new customers to experience Boost Mobile's 5G network risk-free – with device upgrades available with no trade-in required! DENVER, July 17, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide wireless carrier, is shaking up the wireless industry with its new 5G Boost Mobile Network and easy-to-understand offers with more flexibility for all consumers. In addition, Boost Mobile is repositioning its brand and unveiling its enhanced digital purchasing experience, bringing an innovative and fresh approach to a s
4 - EchoStar CORP (0001415404) (Issuer)
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Hughes Extends In-Flight Connectivity Services to Airbus Aircraft HAMBURG, Germany, May 28, 2024 /PRNewswire/ -- (Aircraft Interiors Expo, Booth 2B70) – Hughes Network Systems, LLC (HUGHES), an EchoStar company (NASDAQ:SATS), has signed a Memorandum of Understanding (MoU) with Airbus to become a managed service provider (MSP) for the Airbus HBCplus catalogue offering to airlines. "Reinventing IFEC is not just a goal; it's our mission," stated Reza Rasoulian, Senior Vice President of the Aviation Business Unit at Hughes. "Our collaboration with Airbus demonstrates our commitmen
Contract Extension Awarded for 5G Deployments at bases in Washington and Hawaii to Help DoD Evaluate 5G Applications and LEO/GEO SATCOM Resiliency ENGLEWOOD, Colo., March 18, 2024 /PRNewswire/ -- Today, EchoStar (NASDAQ:SATS) announced the contract period of performance extension by the Department of Defense (DoD) Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) FutureG Office, for the continued deployment of standalone 5G networks at Joint Base Pearl Harbor-Hickam (JBPHH) in Hawaii and at the Naval Air Station Whidbey Island (NASWI) in Washington State. The contract extension builds on the award for NASWI in 2021 and additional expansion in Hawaii in 2022, e
NEW YORK, Dec. 27, 2023 /PRNewswire/ -- EchoStar Corp. (NASD:SATS) will replace DISH Network Corp. (NASD:DISH) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2. EchoStar is acquiring DISH Network in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector January 2, 2024 S&P SmallCap 600 Addition EchoStar SATS Communication Services S&P SmallCap 600 Deletion DISH Network DISH Communication Services For more information about S&P Dow Jones Indices,
LONDON, Jan. 15, 2021 /PRNewswire/ -- OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, announced today that it has secured additional funding from SoftBank Group Corp. ("SoftBank") and Hughes Network Systems LLC ("Hughes"), bringing OneWeb's total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet, totaling 648 satellites, by the end of 2022. OneWeb's mission is to deliver broadband connectivity worldwide to bridge the global Digital Divide by offering everyone, everywhere access including to the Internet of Things (IoT) future and a pa
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JP Morgan downgraded EchoStar from Neutral to Underweight and set a new price target of $12.00
JP Morgan initiated coverage of EchoStar with a rating of Neutral and set a new price target of $18.00
Raymond James upgraded EchoStar from Outperform to Strong Buy and set a new price target of $28.00
Raymond James downgraded EchoStar from Strong Buy to Outperform and set a new price target of $27.00 from $57.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong Buy and set a new price target of $60.00 from $64.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong Buy and set a new price target of $64.00 from $63.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong Buy and set a new price target of $63.00 from $55.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong-Buy and set a new price target of $55.00 from $57.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong-Buy and set a new price target of $55.00 from $57.00 previously
Raymond James reiterated coverage of EchoStar with a rating of Strong Buy and set a new price target of $55.00 from $57.00 previously
ENGLEWOOD, Colo., Aug. 9, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and six months ended June 30, 2024. Six Months Ended June 30, 2024: EchoStar reported total revenue of $7.97 billion for the six months ending June 30, 2024, compared to $8.74 billion in the year ago period.Net loss attributable to EchoStar in the first two quarters of 2024 was $312.97 million, compared to net income of $466.20 million in the year ago period. Diluted loss per share was $1.15, compared to earnings per share of $1.51 in the year ago per
ENGLEWOOD, Colo., Aug. 5, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its second quarter 2024 financial results on Friday, August 9, 2024, at noon Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q2 2024 Earnings Conference Call." Participant conference num
ENGLEWOOD, Colo., May 8, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three months ended March 31, 2024. Three Months Ended March 31, 2024: EchoStar reported total revenue of $4.01 billion for the first quarter 2024, compared to $4.39 billion in the year ago quarter.Net loss attributable to EchoStar in the first quarter 2024 was $107.38 million, compared to net income of $253.53 million in the year ago quarter. Diluted loss per share was $0.40, compared to earnings per share of $0.82 in the year ago quarter.Consolidated OIBDA
ENGLEWOOD, Colo., May 2, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its first quarter 2024 financial results on Wednesday, May 8, 2024, at noon Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q1 2024 Earnings Conference Call." Participant conference numbe
ENGLEWOOD, Colo., Feb. 29, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and twelve months ended December 31, 2023. Twelve Months Ended December 31, 2023: EchoStar reported 2023 total revenue of $17.02 billion, compared to $18.63 billion in 2022. The net decrease in revenue primarily resulted from subscriber declines, most significantly in its Pay-TV segment.Net loss attributable to EchoStar in 2023 was $1.70 billion, compared to net income of $2.48 billion in 2022. The net loss in 2023 was primarily attributable to a non
ENGLEWOOD, Colo., Feb. 27, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference to discuss its fourth quarter and full year 2023 financial results on Friday, March 1, 2024, at noon Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q4 and Full Year 2023 Earnings Conference Call." Par
ENGLEWOOD, Colo., Aug. 8, 2023 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and six months ended June 30, 2023. Three Months Ended June 30, 2023 Financial Highlights: Consolidated revenue of $453.1 million.Net income of $9.1 million, consolidated net income attributable to EchoStar common stock of $11.2 million, and basic and diluted earnings per share of common stock of $0.13.Consolidated Adjusted EBITDA of $153.3 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below).Cash, cash equivalents an
ENGLEWOOD, Colo., Aug. 3, 2023 /PRNewswire/ -- EchoStar Corporation (Nasdaq: SATS) has changed the time of its second quarter 2023 financial results webcast to Tuesday, August 8, at 11:00 a.m. Eastern Time. The webcast will be live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To participate via telephone and ask a question, participants must register using this online form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. The webcast of the call will be available on the EchoStar investor relations website for approximately one month, two hours following th
ENGLEWOOD, Colo., July 21, 2023 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its second quarter 2023 financial results on Monday, August 7, at 10:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To participate via telephone and ask a question, participants must register using this online form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. The webcast of the call will be available on the EchoStar investor relations website for approximately one mo
ENGLEWOOD, Colo., May 8, 2023 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three months ended March 31, 2023. Three Months Ended March 31, 2023 Financial Highlights: Consolidated revenue of $439.6 million.Net income of $27.8 million, consolidated net income attributable to EchoStar common stock of $29.0 million, and basic and diluted earnings per share of common stock of $0.35.Consolidated Adjusted EBITDA of $135.0 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below)."In the first quarter of 2023,
The industry-leading satellite ground platform will help Skyband expand into new verticals, services and applications
Building on successful programs with the US Department of Defense and collaboration with Telespazio to bring multi-orbit managed network solutions.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Communication Services sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume GOOG CALL TRADE BULLISH 01/16/26 $175.00 $164.1K 3.4K 1.0K RDDT PUT TRADE
Hughes Network Systems, LLC (HUGHES), an EchoStar Company (NASDAQ:SATS), unveiled its groundbreaking Low Earth Orbit (LEO) Electronically Steerable Antenna (ESA) for In-Flight Entertainment & Connectivity (IFEC) at the Aircraft Interiors Expo (AIX). This state-of-the-art technology is poised to transform the aviation industry by providing enterprise-grade, low latency, high-speed connectivity for global commercial aviation.
DISH Network and Hughes Network Systems, both EchoStar companies (NASDAQ:SATS), today announced a new bundled service offering that brings the power of DISH satellite TV together with Hughesnet® satellite internet to create a superior solution in TV and internet for rural America. In today's fast-paced, ultra-connected world, quality entertainment and reliable connectivity are crucial to the modern rural home, making this collaboration between DISH and Hughesnet a critical step toward enhanced accessibility across rural America. With this bundle, rural consumers –who are too often overlooked and left with limited options–can watch top-rated programming on their televisions, plus enjoy the be
EchoStar Corporation (NASDAQ:SATS) has secured an indefinite delivery, indefinite quantity (IDIQ) contract under the U.S. Naval Supply Systems Command’s Spiral 4 program for wireless products and services. Through its subsidiaries Hughes Network Systems and Boost Mobile, EchoStar will supply 5G wireless services and devices across all 50 U.S. states and U.S. territories and for international travel on temporary duty. Administered by the U.S. Navy, Spiral 4 also facilitates mobile device procurement and service plans for the Department of Defense and other federal agencies, potentially reaching a value of up to $2.7 billion over the next decade. The Spiral 4 program, beginning in M
Shares of Upstart Holdings, Inc. (NASDAQ:UPST) fell sharply during Wednesday's session after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates. Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of $124.867 million, according to Benzinga Pro. Upstart expects second-quarter revenue of approximately $125 million versus estimates of $140.83 million. The company anticipates a second-quarter adjusted EBITDA loss of approximately $25 million. Upstart shares dipped 10.3% to $21.96 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Reborn Coffee, In
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