EchoStar Corporation Class A Stock News
$94.25
6.80%
Nasdaq, Fri, Oct 02 2026.
EchoStar Corporation Class A Stock News
The artificial-intelligence spending cycle is still early, according to UBS analysts — and that affords investors a number of compelling opportunities across the technology, media and telecommunications sectors.
EchoStar (NASDAQ:ECHO) shares got a boost Tuesday after UBS resumed coverage of the stock with a Buy rating and a $150 price target, sending the stock up 4.2%. The UBS upgrade reflects EchoStar's transformation from wireless operator to investment vehicle, following the company's sale of 75-80% of its spectrum portfolio for roughly $43 billion.EchoStar is set to hold a 2% stake in SpaceX, equal...
Hughes Network Systems, owned by Charlie Ergen's EchoStar, filed for Chapter 11 bankruptcy on Sunday.
AT&T on Tuesday said it completed its $23 billion acquisition of some wireless spectrum licenses from EchoStar under a deal announced in August 2025.
EchoStar's stock has for months been seen as a way to more cheaply get exposure to SpaceX.
Citi says EchoStar stock doesn't fully reflect the value of the company's future SpaceX stake, leaving meaningful upside for investors.
The EchoStar pay-TV subsidiary said it would repay debt once the $20 billion AT&T spectrum deal closes.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
