SATS — EchoStar Corporation

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About EchoStar Corporation

EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other ser… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$122.46
Market Cap$37.22B
Float136.6M
Shares Outstanding158.5M
P/E (Forward)2.64
Price/Sales (TTM)2.51
vs. Analyst Target+12.4% to analyst PT
Profit Margin-97.56%
Operating Margin (TTM)8.91%
Revenue (TTM)$14.80B
Earnings Growth (YoY)-85.60%
Dividend RateNone
Analyst Target Price$137.60 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.89B -$40.1M $1.14B $645M
2021 $19.82B $2.49B $7.32B $4.67B
2022 $18.63B $2.48B $6.42B $4.59B
2023 $17.02B -$1.70B $5.07B -$247M
2024 $15.83B -$120M $5.69B $2.34B
2025 $15.00B -$23.28B $5.56B -$15.79B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $3.72B -$306M
Sep 2025 $3.61B -$12.78B
Dec 2025 $3.80B -$9.99B
Mar 2026 $3.67B -$189M

Ownership & Float

Insider Ownership13.7%
Institutional Ownership111.4%
Short Float29.8%
% of All Funds Holding7.75%
Number of Funds Holding637

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$125.74Near-term / short-term trend
Weekly40-Week SMA$100.79Medium-term trend
Weekly80-Week SMA$63.05Cyclical trend (business cycle)
Weekly200-Week SMA$35.73Secular trend (multi-year)
Monthly10-Month SMA$98.64Near-term monthly trend
Monthly20-Month SMA$62.23Medium-term monthly trend
Monthly40-Month SMA$39.62Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$72.00 support 1.48x 4 months ago
$61.00 support 1.97x 7 months ago
$29.50 support 2.06x 8 months ago
$27.80 support 1.08x 9 months ago
$17.70 support 2.17x 10 months ago

Historical Earnings Reactions (74 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.54% 0.02% 50.00% 5.71% -15.03%
1 Day 0.36% 0.20% 52.70% 18.97% -31.28%
1 Week -0.18% -0.02% 48.65% 19.04% -36.92%
2 Weeks -0.64% -2.01% 39.19% 23.79% -31.28%
1 Month 1.35% -1.01% 45.21% 149.61% -26.80%

Next earnings: May 8, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.8%50.0%18
Feb7.7%78.9%19
Mar-3.5%36.8%19
Apr-0.1%47.4%19
May1.8%61.1%18
Jun-0.2%33.3%18
Jul1.4%61.1%18
Aug4.2%33.3%18
Sep1.3%38.9%18
Oct-0.1%44.4%18
Nov-0.4%55.6%18
Dec4.8%44.4%18

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.03% 48.1% 867
Tuesday 0.10% 47.6% 953
Wednesday 0.12% 50.4% 949
Thursday 0.12% 51.5% 931
Friday 0.05% 49.9% 927

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 111.4%

Insider Transactions — Smart Summary

Total insider ownership: 13.7%

Founder-led management: Charlie Ergen (Co-Founder, President, CEO & Executive Chairman of the Board), Jim DeFranco (Director & Executive VP)

12-Month Insider Activity Summary

Total Filings18
Net Value-$74.4M
Net Shares Change115,269
% of Float0.1%
C-Suite Filings15
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Swieringa John PRES, TECH and COO -$17.3M 3 3 sell
Akhavan Hamid CEO, EchoStar Capital -$17.2M 2 2 sell
Gaske Paul COO, HUGHES -$3.6M 2 3 sell
Manson Dean CHIEF LEGAL OFFICER -$1.9M 1 1 sell
Brokaw George R +$68,070 1 1 buy
Ortolf Tom A -$20,855.06 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-28 – 2025-09-11 7 4 -$18.5M 6 C-suite
2026-03-06 – 2026-03-10 3 3 -$10.5M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-10 Akhavan Hamid CEO, EchoStar Capital -$3.5M Transaction at $61.94, now +97.7%
2026-03-09 Manson Dean CHIEF LEGAL OFFICER -$1.9M Transaction at $64.30, now +90.4%
2026-03-06 Swieringa John PRES, TECH and COO -$5.1M Transaction at $65.08, now +88.2%
2025-09-16 Gaske Paul COO, HUGHES -$665,322.994 Transaction at $56.08, now +118.4%
2025-11-20 Brokaw George R +$68,070 Transaction at $68.07, now +79.9%
2025-11-25 Swieringa John PRES, TECH and COO -$1.5M Transaction at $67.34, now +81.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for EchoStar Corporation (SATS) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SATS on Trend Edge →