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 |
|---|---|---|---|
| 12/16/2024 | $25.00 | Equal-Weight | Morgan Stanley |
| 10/1/2024 | Strong Buy → Mkt Perform | Raymond James | |
| 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 |
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
3 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
4 - EchoStar CORP (0001415404) (Issuer)
ENGLEWOOD, Colo., Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and nine months ended September 30, 2024. Nine Months Ended September 30, 2024: EchoStar reported total revenue of $11.86 billion for the nine months ended September 30, 2024, compared to $12.85 billion in the year ago period.Net loss attributable to EchoStar in the first three quarters of 2024 was $454.78 million, compared to net income of $327.83 million in the year-ago period. Diluted loss per share was $1.67, compared to earnings per share of $1.
ENGLEWOOD, Colo., Nov. 6, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11 a.m. 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 Q3 2024 Earnings Conference Call." Participant con
Agreement to sell DISH DBS to DIRECTV refocuses portfolio on growing wireless and satellite connectivity marketsRaises $5.1 billion of capital from existing stakeholders for investment in nationwide 5G Open RAN network and other general corporate purposes Funds near-term maturity and significantly reduces refinancing needs in the next 24-36 months Provides access to approximately $1.5 billion of DISH Pay-TV cash flow pending closing of DISH DBS sale1Conference call for EchoStar investors at 8:30 am ET Monday Sept 30thENGLEWOOD, Colo., Sept. 30, 2024 /PRNewswire/ -- EchoStar Corporation ("EchoStar"), a global, fully integrated communication and content delivery leader and provider of technolo
Will Provide U.S. Consumers with More Flexibility and Better Value in the Highly Competitive Video Industry Currently Dominated by Large Tech Companies and Programmers DIRECTV Will Be Better Able to Work with Programmers to Deliver to Consumers Smaller Content Packages at Lower Price Points Combined Company Will Be Better Able to Bring Together Multiple Content Sources in One Easily Accessible Place Improves EchoStar's Financial Profile as It Continues to Enhance and Further Deploy Its Nationwide 5G Open RAN Wireless Network DIRECTV to Host Conference Call Today at 9:30 AM ET EchoStar to Host Conference Call Today at 8:30 AM ET EL SEGUNDO, Calif. and ENGLEWOOD, Colo., Sept. 30, 2024 /PRNew
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
LITTLETON, Colo., Jan. 14, 2025 /PRNewswire/ -- Boost Mobile is introducing the Samsung Galaxy A15 5G and Galaxy A16 5G smartphones to its 2025 device lineup, offering customers access to affordable cutting-edge Samsung devices on Boost Mobile's fast and reliable nationwide 5G network. Designed with all the essential features users expect in a Samsung device, the Galaxy A15 5G and Galaxy A16 5G make embracing innovation both accessible and budget-friendly. The Samsung Galaxy A15 5G delivers lightning-fast connectivity and smooth multitasking, featuring a clear and crisp 6.5"
Employees named number one risk to network security, Hughes and Cybersecurity Insiders found GERMANTOWN, Md., Jan. 14, 2025 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (NASDAQ:SATS), today released the 2025 State of Secure Network Access Report, exploring how businesses are adapting cybersecurity strategies to combat emerging cyber threats and ensure ubiquitous connectivity in a hybrid world. Critically, employees were highlighted as the No. 1 user group posing the greatest threat to network security—demonstrating the importance of evolving cyber strategies alongside the modern workforce.
Unlock big savings on your wireless plans and tax filing, plus a chance to double your refund LITTLETON, Colo., Jan. 6, 2025 /PRNewswire/ -- What do Boost Mobile's phone plans and filing your taxes through Liberty Tax have in common? They both help maximize your budget! Boost Mobile and Liberty Tax are bringing big savings this tax season and beyond, including half off one year of service on Boost's best Unlimited plans and 25% off Liberty Tax filing services. "Tax season is about finding opportunities to stretch your budget further," said Sean Lee, SVP of Consumer Product an
Wind River® will now provide core-to-edge cloud infrastructure for the Boost Mobile network. As the largest Open RAN (O-RAN) deployment in the world, providing 5G voice to more than 200 million Americans, Boost Mobile's transition to Wind River Studio Operator will mark the telecom industry's largest containers-as-a-service (CaaS) vendor changeover on an Open RAN network. "Boost Mobile, formerly DISH Wireless, has been and continues to be the world leader in developing and operationalizing a carrier-grade cloud-native Open RAN 5G network at a national scale," said Eben Albertyn, Chief Technology Officer at Boost Mobile. "Boost Mobile is beyond proving Open RAN technology works, and is
$6.5M Contract Will Support Open RAN with a RAN Intelligent Controller (RIC) Experimentation for U.S. Department of Defense DENVER, Nov. 19, 2024 /PRNewswire/ -- EchoStar Corporation, (NASDAQ:SATS) today shared that its subsidiary Hughes Network Systems, LLC, was awarded a $6.5 million contract to deploy a 5G Open Radio Access Network (ORAN) prototype at Fort Bliss in El Paso, Texas. The network will feature a RAN Intelligent Controller (RIC), which will allow the U.S. Department of Defense (DoD) to test RIC-based software applications for military networks. The 5G Open RAN prototype equipment will be installed on Fort Bliss to operate a temporary network for evaluation purposes, which will
Partnership builds on decade-long relationship with 4-H to inspire young people's interest in STEM through engaging, high quality educational content GERMANTOWN, Md., Nov. 14, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (NASDAQ:SATS), today announced a partnership with National 4-H to provide local 4-H, Boys & Girls Clubs, Inc, and YMCA locations based in rural and underserved communities throughout America with STEM Challenge kits. These STEM Challenge kits include innovative hands-on STEM activities for youth looking to expand their knowledge beyond traditional STEM education.
ENGLEWOOD, Colo., Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and nine months ended September 30, 2024. Nine Months Ended September 30, 2024: EchoStar reported total revenue of $11.86 billion for the nine months ended September 30, 2024, compared to $12.85 billion in the year ago period.Net loss attributable to EchoStar in the first three quarters of 2024 was $454.78 million, compared to net income of $327.83 million in the year-ago period. Diluted loss per share was $1.67, compared to earnings per share of $1.
Transactions highlight tremendous value of EchoStar's spectrum assets serving as the sturdy platform on which EchoStar will accelerate its deployment of a nationwide wireless service to vigorously compete with incumbent wireless carriersOverwhelming support from approximately $5 billion of existing DISH Network convertible noteholders evidenced by over 96% participation in exchange offers, leaving only $139 million in remaining debt maturities in 2024 and 2025 and significantly improving EchoStar's debt maturity profile through the extension of such debt maturities to November 2030Settlement of exchange offers results in EchoStar's issuance of approximately $2.3 billion in aggregate principa
LITTLETON, Colo., Nov. 11, 2024 /PRNewswire/ -- Boost Mobile is launching its latest 5G smartphone, the Summit 5G, an exclusive Boost Mobile device offering customers lightning-fast 5G speeds, reliability and performance at an unbeatable price. The Summit 5G meets the growing demand for seamless mobile experiences, making 5G service more affordable than ever on Boost Mobile's nationwide 5G network. With a sleek design and a vibrant 6.6" HD+ display, the Summit 5G sets a new standard for affordable smartphones. Customers can capture every detail with precision using the dual ma
ENGLEWOOD, Colo., Nov. 6, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11 a.m. 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 Q3 2024 Earnings Conference Call." Participant con
8-K - EchoStar CORP (0001415404) (Filer)
SCHEDULE 13D/A - EchoStar CORP (0001415404) (Subject)
8-K - EchoStar CORP (0001415404) (Filer)
S-3ASR - EchoStar CORP (0001415404) (Filer)
8-K - EchoStar CORP (0001415404) (Filer)
SCHEDULE 13G/A - EchoStar CORP (0001415404) (Subject)
10-Q - EchoStar CORP (0001415404) (Filer)
424B7 - EchoStar CORP (0001415404) (Filer)
SC TO-I/A - EchoStar CORP (0001415404) (Filed by)
SC TO-I/A - EchoStar CORP (0001415404) (Filed by)
Morgan Stanley resumed coverage of EchoStar with a rating of Equal-Weight and set a new price target of $25.00
Raymond James downgraded EchoStar from Strong Buy to Mkt Perform
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
SC 13D/A - EchoStar CORP (0001415404) (Subject)
SC 13G - EchoStar CORP (0001415404) (Subject)
SC 13G/A - EchoStar CORP (0001415404) (Subject)
SC 13G/A - EchoStar CORP (0001415404) (Subject)
SC 13G/A - EchoStar CORP (0001415404) (Subject)
SC 13D/A - EchoStar CORP (0001415404) (Subject)
SC 13D/A - EchoStar CORP (0001415404) (Subject)
SC 13D/A - EchoStar CORP (0001415404) (Subject)
SC 13D/A - EchoStar CORP (0001415404) (Subject)
SC 13D/A - EchoStar CORP (0001415404) (Subject)
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