Echostar (ECHO) Expected to Announce Quarterly Earnings on Thursday

Echostar (NASDAQ:ECHO) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of ($0.02) per share and revenue of $3.5868 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, August 7, 2026 at 12:00 PM ET.

Echostar (NASDAQ:ECHO) last released its earnings results on Saturday, May 9th. The company reported ($0.51) EPS for the quarter. Echostar had a negative return on equity of 4.80% and a negative net margin of 97.56%.The business had revenue of $3.67 billion during the quarter. On average, analysts expect Echostar to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Echostar Price Performance

ECHO stock opened at $85.93 on Wednesday. Echostar has a 12 month low of $26.04 and a 12 month high of $147.25. The company has a market cap of $24.90 billion, a P/E ratio of -1.72 and a beta of 1.00. The company has a quick ratio of 0.27, a current ratio of 0.30 and a debt-to-equity ratio of 3.17.

Analyst Ratings Changes

Several research analysts have issued reports on ECHO shares. New Street Research set a $165.00 price target on shares of Echostar in a research report on Monday, June 15th. Citigroup started coverage on Echostar in a research report on Tuesday, July 7th. They set a “buy” rating and a $126.00 price objective for the company. TD Cowen raised their price objective on Echostar from $129.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings initiated coverage on Echostar in a report on Monday, July 6th. They issued a “sell (d-)” rating on the stock. Finally, Wall Street Zen raised Echostar from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $136.25.

Insider Activity at Echostar

In other Echostar news, CEO Hamid Akhavan sold 52,586 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $121.00, for a total value of $6,362,906.00. Following the completion of the transaction, the chief executive officer directly owned 865,633 shares in the company, valued at $104,741,593. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 55.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Echostar

Several hedge funds have recently made changes to their positions in the company. Northern Trust Corp boosted its stake in Echostar by 1.3% in the 4th quarter. Northern Trust Corp now owns 1,767,338 shares of the company’s stock worth $192,110,000 after purchasing an additional 22,900 shares during the period. Marshall Wace LLP grew its position in Echostar by 104.0% during the 4th quarter. Marshall Wace LLP now owns 1,435,531 shares of the company’s stock worth $156,042,000 after purchasing an additional 731,806 shares in the last quarter. Invesco Ltd. raised its stake in Echostar by 30.1% during the 2nd quarter. Invesco Ltd. now owns 913,292 shares of the company’s stock valued at $25,298,000 after purchasing an additional 211,421 shares during the period. Stonehill Capital Management LLC raised its stake in Echostar by 14.0% during the 3rd quarter. Stonehill Capital Management LLC now owns 856,806 shares of the company’s stock valued at $65,426,000 after purchasing an additional 105,388 shares during the period. Finally, Amundi acquired a new stake in Echostar during the 4th quarter valued at $63,966,000. Hedge funds and other institutional investors own 33.62% of the company’s stock.

About Echostar

EchoStar Corporation is a communications company that provides satellite and wireless services, video distribution, and broadband connectivity solutions. Its business has historically been centered on satellite technology and related services, serving customers through a range of connectivity and network offerings.

The company operates through several segments that support pay-TV, enterprise, government, and consumer communications needs. Its services and technologies have included satellite television distribution, broadband satellite access, network infrastructure, and wireless communications capabilities.

EchoStar was founded in 1980 and has long been associated with satellite communications in the United States.