EchoStar Corporation, formerly Nasdaq: SATS research snapshot

SATS AI Stock Analysis

SATS AI stock analysis refers to EchoStar Corporation under its former Nasdaq symbol. EchoStar changed SATS to ECHO effective June 24, 2026, with no change to the legal entity, capital structure, or securityholder rights. As of the July 11, 2026 cutoff, the current trading reference is ECHO, which closed at $96.28 on July 8. The company reported $3.667 billion of Q1 2026 revenue and is an event-driven spectrum monetization story with material debt, operating, and execution risk. This page is informational research, not investment advice.

Current price

SATS renamed; ECHO closed at $96.28 on July 8

Market cap

About $27.90 billion using ECHO as the successor symbol

AI score

49 / 100

Rating

Legacy ticker research with event-driven spectrum and balance-sheet risk

Trend status

SATS no longer trades. ECHO price action remained below the $100 area after the ticker change.

Data cutoff (updated weekly)

July 11, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness
A-level information richness. EchoStar has SEC filings, company releases, ticker-change disclosures, financial-market data, and public transaction documents.
bias Check
The main AI bias risk is treating the former SATS symbol or the gross spectrum-sale headlines as an investable conclusion. The relevant questions are net proceeds after debt and claims, closing conditions, operating losses, and the price of ECHO, the current symbol.
ai Confidence
High for the ticker change, reported Q1 results, share count, and market-cap arithmetic. Medium for cash because sources use different restricted-cash and short-term-investment definitions. Low for precise valuation because transaction outcomes dominate earnings.
investment Certainty
Low to medium. The public record is extensive, but common-equity value depends on regulatory execution, debt paydown, claims, operating burn, and the value of the remaining businesses.

Quick verdict table

DimensionConclusionConfidence
Business qualityEchoStar operates DISH, Sling, Boost Mobile, Hughes, satellite assets, and spectrum rights, but the operating base faces Pay-TV subscriber losses, wireless investment needs, and high financing costs.Medium
MoatLicensed spectrum, satellite capacity, FCC authorizations, and Hughes infrastructure are the strongest assets. Consumer Pay-TV and prepaid wireless face stronger substitutes and pricing pressure.Medium
ManagementCharles Ergen remains central to voting control and capital allocation. Spectrum monetization can simplify the balance sheet, but minority holders remain exposed to concentrated control and execution choices.Medium-high
Financial trendFY 2025 revenue was $15.005 billion, down from $15.826 billion in 2024. Q1 2026 revenue was $3.667 billion, while net loss attributable to EchoStar was $146.9 million.High
ValuationTraditional P/E is not useful because 2025 EPS and free cash flow were negative. The successor ECHO price reflects expected spectrum proceeds, debt reduction, and residual operating value.Medium
Technical trendSATS has no current chart because it was renamed. The ECHO successor reference closed at $96.28 on July 8, below the $100 area that had acted as near resistance.Medium
Risk levelHigh. Debt, regulatory and closing conditions, escrow or claim exposure, subscriber erosion, concentrated voting power, and symbol-transition confusion can change the equity case.High
AI confidenceReported figures and the symbol transition are source-backed. The model has limited confidence in price targets because legal, regulatory, and financing events can alter outcomes quickly.High data confidence
Investment certaintyLow to medium. A historical SATS search should be evaluated through the active ECHO security, not as a separately trading instrument.Low-medium

SATS AI stock forecast

SATS AI Stock Forecast Scenarios

The SATS AI stock forecast is a scenario framework for ECHO, the active successor symbol, not a price prediction for a delisted or separate SATS security. Negative earnings make P/E scenario outputs economically unusable, so the ranges focus on spectrum transactions, debt reduction, claims, and residual operating value.

Bullish case

$115 to $135 for ECHO

More likely if AT&T and SpaceX transactions close with limited value leakage, debt reduction becomes clear, escrow claims remain contained, and the operating businesses stabilize.

Base case

$85 to $110 for ECHO

More likely if transactions proceed but investors continue to discount debt payoff, taxes, claims, falling Pay-TV revenue, and weak near-term price action.

Bearish case

$45 to $70 for ECHO

More likely if closing timing slips, regulatory or escrow costs rise, operating losses widen, liquidity weakens, or the active ECHO price breaks below the mid-$90s area.

SATS AI technical analysis

SATS AI Technical Analysis

SATS AI technical analysis must use ECHO after the June 24, 2026 symbol change. StockAnalysis showed ECHO at $96.28 at the July 8 close, with a $95.39 to $100.51 day range. Historical SATS chart levels should be treated as continuous-company context only and refreshed under ECHO before trading.

LevelValueWhy it matters
Active price reference$96.28 for ECHOStockAnalysis regular-session close on July 8, 2026. SATS is not the active Nasdaq symbol after June 24.
Near support$95 to $96The July 8 day low was $95.39. This is a short-term reference rather than a confirmed support level.
Secondary support$94 to $95The ECHO ticker-change period had an intraday low near $94.62. A renewed break would warrant a fresh event and liquidity review.
Near resistance$100 to $101The July 8 day high was $100.51, and the prior technical snapshot placed the 50-day average near this zone.
Moving averagesRefresh under ECHOSATS no longer has a current moving-average series. Use the ECHO chart and current provider timestamp before applying 50-day or 200-day levels.
MomentumMixed to weakA prior ECHO snapshot had RSI near 41 and negative MACD. These readings are dated and are not a live signal.
Volume4.04 million ECHO shares on July 8StockAnalysis reported volume for the active symbol. Volume can rise sharply around transaction, debt, or regulatory news.
Volatility$26.04 to $147.25 52-week rangeThe published ECHO range shows that event risk can dominate ordinary technical levels.
InvalidationECHO close below $94 or adverse transaction newsEither condition weakens a base-case recovery framework and calls for a reassessment of debt, claims, and transaction timing.

SATS AI trading strategy

SATS AI Trading Strategy Framework

The SATS AI trading strategy is a non-personal framework for the active ECHO security. Confirm the broker symbol, quote, liquidity, and corporate-action treatment before acting because SATS is a historical identifier.

Trend-following setup

Use ECHO, not SATS, and wait for a sustained move above the $100 to $101 area with adequate volume and improving evidence on transaction closing, debt payoff, and claims.

A failed breakout back below $96 or an adverse regulatory update weakens the setup. Define position size and an exit condition before entry.

Mean-reversion setup

If ECHO tests $94 to $96 without a new liquidity, creditor, or regulatory setback, compare the move with debt-market reaction, transaction documents, and subscriber trends before calling it value.

Do not treat a lower price as automatically safer. Stop the framework if cash burn, claims, or timing risk worsens.

Fundamental monitor

Track AT&T and SpaceX closing updates, escrow funding, debt maturities, cash definitions, Pay-TV subscribers, Boost Mobile performance, Hughes revenue, interest expense, and quarterly operating cash flow.

Treat the position as event-risk exposure rather than a normal telecom allocation. Reassess after each material filing or transaction update.

Investment research summary

Four-master Research Compression

Business essence

Customers pay EchoStar for video distribution, streaming, prepaid wireless access, satellite broadband, and communications infrastructure. Current equity value is more dependent on spectrum monetization than on steady customer growth.

Moat

Licensed spectrum, satellite capacity, FCC authorizations, and Hughes technology provide durable assets. The company has less protection in Pay-TV and prepaid wireless, where larger competitors and cord-cutting pressure margins.

Munger risk inversion

The thesis fails if gross spectrum value is consumed by debt, escrow claims, taxes, delays, litigation, or operating losses before common shareholders benefit.

Management

Concentrated voting control can speed capital-allocation decisions, but holders must accept that strategic timing and financing choices are heavily influenced by Charles Ergen.

Industry trend

Connectivity, mobile data, satellite direct-to-device service, and spectrum scarcity are long-term tailwinds. Legacy satellite-TV subscriber economics remain under pressure.

Valuation and margin of safety

Negative earnings mean SATS or ECHO is not valued on a normal P/E basis. Margin of safety depends on verified net proceeds, debt reduction, and the value of the remaining Boost, Hughes, Sling, DISH, and satellite operations.

Source-backed data

SATS Data Table

Every metric below includes a source and last verification date.

MetricValueSourceLast verified
Ticker transitionSATS changed to ECHO effective June 24, 2026; no action required from holdersEchoStar ticker-change announcementJuly 11, 2026
Active price and market capitalization referenceECHO closed at $96.28 on July 8, 2026; $27.90B market cap and 289.81M sharesStockAnalysis ECHO overview and statisticsJuly 11, 2026
Share count cross-check158,465,020 Class A plus 131,348,468 Class B shares at April 30, 2026EchoStar Q1 2026 Form 10-QJuly 11, 2026
Q1 2026 revenue and net loss$3.667B revenue and $146.885M net loss attributable to EchoStarEchoStar Q1 2026 resultsJuly 11, 2026
FY 2025 revenue and net loss$15.005B revenue and $14.497B net loss, including large non-cash impairmentsEchoStar FY 2025 resultsJuly 11, 2026
Cash and short-term investments$1.516B from StockAnalysis versus $1.658B including company-reported restricted cash and investment itemsStockAnalysis balance sheet and EchoStar Q1 2026 resultsJuly 11, 2026
AT&T spectrum transactionApproximately $23B for 50 MHz of nationwide spectrumEchoStar AT&T transaction announcementJuly 11, 2026
SpaceX spectrum transactionApproximately $17B for AWS-4 and H-block spectrum licensesEchoStar SpaceX transaction announcementJuly 11, 2026

Frequently Asked Questions

This SATS AI stock analysis is an informational research tool only. It is not investment, legal, tax, or trading advice. SATS is a former EchoStar symbol, and forecast ranges refer to ECHO, the active successor symbol. Scenarios use available public data and may be wrong if transaction terms, regulatory conditions, debt costs, operating trends, or market prices change.