EchoStarSATS
About: Satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million US satellite customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. The firm's focus is now on the wireless market. EchoStar has amassed an extensive portfolio of spectrum licenses and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 7 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 850,000 internet customers.
Employees: 13,700
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
79% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 33
21% more funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 17 (+3) [Q1 2025]
13% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 85
12% more capital invested
Capital invested by funds: $3.06B [Q4 2024] → $3.43B (+$367M) [Q1 2025]
8% more funds holding
Funds holding: 279 [Q4 2024] → 300 (+21) [Q1 2025]
8% less call options, than puts
Call options by funds: $119M | Put options by funds: $129M
8.82% less ownership
Funds ownership: 95.25% [Q4 2024] → 86.42% (-8.82%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Citigroup Michael Rollins | 8%downside $29 | Neutral Maintained | 23 Jun 2025 |
Financial journalist opinion
Based on 24 articles about SATS published over the past 30 days
