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NASDAQ:SATS
This summary was created by AI, based on 1 opinions in the last 12 months.
EchoStar, trading under the symbol SATS-Q, has attracted attention due to its significant wireless spectrum assets that the market seems to be overlooking. Last year, the company made headlines by selling certain wireless spectrum licenses for an impressive $23 billion, further boosting its portfolio by engaging in transactions involving licenses with SpaceX for a staggering $70 billion. These strategic moves illustrate EchoStar's underlying value, and as a result, the company's shares have surged by 290% over the past year. This remarkable growth may lead some investors to view EchoStar as an enticing opportunity, especially considering how the market has reacted to its partnership and dealings with companies like SpaceX. As more people recognize the inherent worth of its assets, EchoStar's future performance may continue to impress, revealing potential profitability beyond initial expectations.
EchoStar is a American stock, trading under the symbol SATS (previously SATS-Q on Stockchase) on the NASDAQ (SATS). It is usually referred to as NASDAQ:SATS or SATS
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on SATS (previously SATS-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for EchoStar.
EchoStar was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for EchoStar.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for EchoStar.
EchoStar is covered by Stockchase experts and is worth watching.
On 2026-06-12, EchoStar (SATS) stock closed at a price of $114.08.
The market overlooks its spectrum assets. Last year, they sold certain wireless spectrum licenses for $23 billion, and sold some licenses to Spacex for $70 billion. Some might have bought this is a place on Spacex (which is smart). Shares are 290% the past year.