SATS
EchoStar Corporation
NASDAQ: SATS · COMMUNICATION SERVICES · TELECOM SERVICES
$114.08
-10.97% today
Updated 2026-06-12
Market cap
$33.06B
P/E ratio
—
P/S ratio
2.23x
EPS (TTM)
$-50.21
Dividend yield
—
52W range
$24 – $147
Volume
6.3M
EchoStar Corporation (SATS) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed SATS price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$114.08
Today
Analyst consensus
$129.40
+13.43% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
5 analysts:
1 Buy2 Hold1 Sell
Management guidance
No specific CEO revenue targets provided in available earnings calls or investor guidance. Management focus is on spectrum monetization (AT&T and SpaceX deals) and transitioning from declining Pay-TV/legacy businesses to higher-margin satellite and wireless services. EchoStar CEO Hamid Akhavan has emphasized strategic pivots rather than absolute revenue growth targets.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
SATS · EchoStar Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
SATS financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $15.0B | $14.7B | $14.4B | $14.4B | $14.8B | $15.4B |
| Revenue growth | -5.2% | -1.9% | -2.4% | 0.6% | 2.8% | 3.6% |
| Net margin | — | — | — | — | — | — |
| EPS | — | $-3.69 | $-2.94 | $0.25 | $1.15 | $2.05 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $604.80 | $591.93 | $604.80 | $617.66 | $643.40 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $15.4B | $15.4B | $15.4B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because SATS is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
SATS catalysts and risks
Growth catalysts
+ S&P 500 addition (March 23, 2026) — institutional inflows and ETF buying
+ Spectrum monetization from AT&T and SpaceX partnerships — balance sheet strengthening
+ SpaceX IPO (pending) — increases value of EchoStar's SpaceX stake and strategic positioning
+ Boost Mobile growth and iPhone 17e expansion — emerging revenue stream
+ Sling TV stabilization and subscriber retention improvements
Key risks
- Structural decline in traditional Pay-TV (DISH subscriber losses continuing in Q4 2025)
- Retail wireless competition from T-Mobile, Verizon, AT&T undercutting margins
- High leverage (5.38x Debt/Equity, $31.01B total debt) limits financial flexibility
- Gray Media blackout dispute (226 channels across 113 markets) disrupts DISH TV service and subscriber retention
- Negative profitability (-96.6% margin, -$50.41 EPS TTM) despite revenue base — operational turnaround required
- SpaceX IPO could redirect strategic focus and dilute EchoStar's upside on stake gains
Methodology · EchoStar Corporation 2030 stock forecast model
EchoStar Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for SATS by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
SATS price target FAQ
How is the EchoStar Corporation 2030 stock forecast calculated?
The SATS 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on SATS stock?
5 analysts cover SATS with an average 12-month price target of $129.40. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.