EEchoStar provides satellite technology, services, and connectivity. It builds, owns, and operates satellite assets and related ground networks to deliver video, data, and communications services. Its products include satellite-based television distribution and broadband/connectivity solutions for underserved areas, supported by satellites, ground stations, and managed services. The company differentiates itself through vertical integration of its satellite fleet and technology with service delivery, a history of a split between technology/wholesale operations and consumer Dish Network, and a recent unification with Dish Network to combine satellite technology with consumer satellite TV. The goal is to extend reliable satellite-based connectivity and communications to distant or underserved regions, helping people access TV, internet, and data services where traditional networks are limited.
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Vantage appoints Dale Drew as chief information security officer. Veteran cybersecurity executive to lead global information security strategy and operational resilience as demand for AI and cloud infrastructure accelerates DENVER - Vantage, a leading global provider of digital infrastructure, today announced the appointment of Dale Drew as chief information security officer. Reporting to Emily Friedberg, chief information officer, Drew will lead Vantage's global information... November 4, 2026 at 8:14 a.m. Veteran cybersecurity executive to lead global information security strategy and operational resilience as demand for AI and cloud infrastructure accelerates DENVER - Vantage, a leading global provider of digital infrastructure, today announced the appointment of Dale Drew as chief information security officer. Reporting to Emily Friedberg, chief information officer, Drew will lead Vantage's global information security organization across North America, EMEA and Asia Pacific, defining and executing the enterprise-wide security strategy, strengthening the protection of critical assets, supporting regulatory compliance and managing cyber risk. Drew joins Vantage as customers increasingly require trusted partners capable of delivering secure, reliable capacity at speed and scale. In this role, he will work closely with Vantage's technology, operations, risk, legal and executive leadership teams to reinforce the company's security posture and help position security as a business enabler. For customers, that means a continued focus on security, resilience and compliance. "As Vantage continues to scale, our cybersecurity capabilities need to mature with the business," Friedberg said. "Dale brings deep experience operating in complex, critical infrastructure environments and understands how to connect security, risk and resilience to the needs of the business and our customers. That is exactly the perspective we need as we grow." "Vantage sits at the center of how the world's most advanced digital infrastructure gets built, which makes security a design requirement, not an afterthought," Drew said. "I look forward to working with the team to stay ahead of emerging cyber threats and give customers confidence in Vantage from day one." Drew joins Vantage from EchoStar and DISH Network, where he most recently served as senior vice president and chief information security officer for DISH Wireless and led security architecture at EchoStar, overseeing enterprise cybersecurity strategy, security architecture, threat intelligence and AI governance. Previously, Drew held senior leadership roles at Zayo Group and Level 3 Communications, leading global security operations and developing customer-facing security services, in addition to supporting the integration of more than 50 acquisitions. He began his career with the U.S. Secret Service and the Arizona Attorney General's Office, specializing in cybercrime investigations and digital forensics. He holds 16 patents spanning cybersecurity, network technologies and AI governance and has testified before Congress on cybersecurity and critical infrastructure protection. About Vantage Vantage is a global provider of digital infrastructure serving AI and cloud innovators. With operations spanning North America, EMEA and Asia Pacific, Vantage delivers capacity at speed and scale, driven by a commitment to operational excellence and customer success. Vantage is empowering transformative companies to shape the future.
Echostar (NASDAQ:ECHO) posts quarterly earnings results, beats estimates by $4.90 EPS. November 3, 2026 Key points. * EchoStar beat quarterly earnings estimates: The company reported $7.97 in EPS versus the $3.07 consensus estimate, while revenue totaled $1.13 billion. However, profitability remained weak, with a negative net margin of 38.71% and negative return on equity. * Shares rose 3.1% to $101.24 following the results. Analysts maintain a generally positive view, with an average "Buy" rating and a consensus price target of $138.56, though ratings range from "Sell" to "Strong Buy." * Potential SpaceX-Boost Mobile negotiations remain a key catalyst: A deal could provide EchoStar with capital and give SpaceX access to millions of wireless customers, but the transaction is unconfirmed and faces network-contract, execution and financial risks. Insiders have also sold $1.22 million of stock over the past three months. * Five stocks to consider instead of Echostar. Echostar (NASDAQ:ECHO - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $7.97 earnings per share for the quarter, topping analysts' consensus estimates of $3.07 by $4.90, FiscalAI reports. Echostar had a negative return on equity of 1.28% and a negative net margin of 38.71%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $3.00 million. Echostar stock up 3.1%. NASDAQ:ECHO traded up $3.01 during mid-day trading on Tuesday, reaching $101.24. The company's stock had a trading volume of 620,150 shares, compared to its average volume of 6,101,013. The company has a debt-to-equity ratio of 1.13, a current ratio of 5.20 and a quick ratio of 5.12. Echostar has a 1 year low of $65.76 and a 1 year high of $147.25. The business's fifty day simple moving average is $91.18. The stock has a market capitalization of $29.41 billion, a price-to-earnings ratio of -4.06 and a beta of 1.06. Insider transactions at Echostar. In other news, Director Stephen J. Bye sold 8,508 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $89.83, for a total transaction of $764,273.64. Following the transaction, the director directly owned 653 shares in the company, valued at approximately $58,658.99. This trade represents a 92.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William Wade sold 2,575 shares of Echostar stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $92.65, for a total transaction of $238,573.75. Following the transaction, the director directly owned 2,749 shares in the company, valued at approximately $254,694.85. The trade was a 48.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,508 shares of company stock worth $1,224,686 in the last three months. Insiders own 54.60% of the company's stock. Analysts set new price targets. A number of research analysts recently commented on ECHO shares. Morgan Stanley started coverage on Echostar in a report on Monday, September 14th. They issued an "overweight" rating and a $134.00 price target on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Echostar in a report on Friday, October 2nd. JPMorgan Chase & Co. assumed coverage on shares of Echostar in a research report on Friday, October 16th. They set an "overweight" rating and a $144.00 price objective on the stock. UBS Group raised shares of Echostar from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $127.00 to $150.00 in a report on Tuesday, September 8th. Finally, Citigroup dropped their target price on shares of Echostar from $126.00 to $117.00 and set a "buy" rating for the company in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $138.56. Discover more Dividend Screener Tool Track Stock Market Invest in Stocks Here are the key news stories impacting Echostar this week: * Potential SpaceX-Boost Mobile deal: SpaceX is reportedly in talks to buy Boost Mobile or gain access to EchoStar's wireless network. A transaction could provide EchoStar with capital while giving SpaceX more than seven million existing customers and a faster route into the U.S. wireless market. The combination of Starlink satellite coverage and Boost's terrestrial 5G operations could create a stronger competitor to established carriers. * Quarterly earnings exceeded estimates: EchoStar reported earnings per share of $7.97, well above the $3.07 analyst consensus. Revenue was reported at $1.13 billion, although the cited comparison with a $3 million consensus appears unusual and may reflect a data error. The earnings beat is supporting investor interest, but it should be weighed against the company's ongoing losses and weak profitability. * Deal remains unconfirmed: Reports describe negotiations rather than a signed agreement. The transaction's value to EchoStar will depend on its structure, the amount of cash received and whether Boost's network contracts can be transferred or maintained. * Financial and execution risks remain: EchoStar continues to report a negative net margin of 38.71% and negative return on equity. Boost also relies on network leases from competitors such as AT&T and T-Mobile, which could resist or renegotiate access if SpaceX becomes a more direct wireless rival. These factors could complicate any deal and limit the benefits to EchoStar shareholders. About Echostar. EchoStar Corporation is a global provider of satellite communications, broadband connectivity and wireless services. The company operates through businesses that serve consumers, enterprises, governments and other organizations with connectivity solutions delivered through satellite, wireless and terrestrial networks. EchoStar's portfolio includes Hughes, which provides satellite and managed broadband services, as well as satellite television and wireless communications businesses associated with the DISH Network combination completed in 2024. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Echostar, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Echostar wasn't on the list. While Echostar currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership. This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power. Continue following MarketBeat
SpaceX negotiates purchase of Boost Mobile to create mobile operator in the US. At issue is the acquisition of the operator from EchoStar or access to the network it uses. Bloomberg's analysts doubt that AT&T and T-Mobile will let Elon Musk's company inherit that access. Shares in Boost's owner rose as much as 5.1% before Wall Street opened. * Share article *... SpaceX is negotiating with EchoStar to buy Boost Mobile or gain access to the network used by this operator, according to the Washington Post, as cited by Bloomberg. The talks involve Elon Musk, SpaceX CEO, and Charlie Ergen, chairman of EchoStar's board of directors. The deal presents, however, an obstacle from the outset, since Boost does not have its own network in operation and depends on AT&T and T-Mobile, whose approval may be necessary for SpaceX's service to move forward. Keep reading. Try it for 3 months for only €3. * The best experience without intrusive advertising; * Exclusive newsletters prepared by the newsroom; * Daily newspaper in ePaper format; * Unlimited access to all content, on 3 devices; * Offers and discounts; * Cancel anytime. Read all Premium articles for only €3 for 3 months. Learn more
SpaceX stock rises amid reported talks to buy Boost Mobile or gain network access. BitRss Crypto News 2 hours ago 42 SpaceX (NASDAQ: SPCX) shares rose about 2% in pre-market trading on Monday, as the company reportedly held discussions with EchoStar (NASDAQ: ECHO) about acquiring Boost Mobile or gaining access to its leased wireless network capacity. The Washington Post reported... BankBit shares this Content always with CC License Screenshot generated in real time with SneakPeek Suite * homepage * Crypto * SpaceX stock rises amid reported talks to buy Boost Mobile or gain network access.
Echostar CORP $ECHO stock: Hennessy Advisors Inc. cuts holdings. Hennessy Advisors Inc. lessened its stake in Echostar CORP (NASDAQ:ECHO - Free Report) by 3.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 462,200 shares of the company's stock after selling 14,700 shares during the quarter. Echostar makes up about 1.5% of Hennessy Advisors Inc.'s holdings, making the stock its 11th largest position. Hennessy Advisors Inc. owned approximately 0.16% of Echostar worth $41,325,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds also recently modified their holdings of ECHO. Tidal Investments LLC bought a new position in shares of Echostar during the 2nd quarter worth approximately $159,344,000. Tema ETFs LLC grew its holdings in shares of Echostar by 83,917.0% in the second quarter. Tema ETFs LLC now owns 1,539,191 shares of the company's stock valued at $156,228,000 after acquiring an additional 1,537,359 shares in the last quarter. Van ECK Associates Corp bought a new position in shares of Echostar in the second quarter valued at approximately $139,004,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Echostar in the third quarter valued at approximately $64,207,000. Finally, Amundi purchased a new stake in shares of Echostar during the second quarter valued at approximately $41,808,000. Hedge funds and other institutional investors own 33.62% of the company's stock. Echostar price performance. NASDAQ:ECHO opened at $96.94 on Monday. The stock has a market cap of $28.16 billion, a PE ratio of -3.89 and a beta of 1.06. The company has a current ratio of 5.20, a quick ratio of 5.12 and a debt-to-equity ratio of 1.13. The firm has a 50-day simple moving average of $90.95. Echostar CORP has a twelve month low of $65.76 and a twelve month high of $147.25. Echostar (NASDAQ:ECHO - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $24.12 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $24.14. The business had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.59 billion. Echostar had a negative net margin of 38.71% and a negative return on equity of 1.28%. Echostar's quarterly revenue was down 4.0% on a year-over-year basis. During the same period last year, the firm posted ($1.06) earnings per share. On average, equities research analysts expect that Echostar CORP will post -0.27 EPS for the current fiscal year. Analysts set new price targets. ECHO has been the topic of several research analyst reports. JPMorgan Chase & Co. assumed coverage on Echostar in a research report on Friday, October 16th. They issued an "overweight" rating and a $144.00 price objective on the stock. Morgan Stanley started coverage on Echostar in a research report on Monday, September 14th. They set an "overweight" rating and a $134.00 target price for the company. Zacks Research upgraded Echostar from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 19th. TD Cowen cut their price target on shares of Echostar from $155.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, August 4th. Finally, Citigroup reduced their price target on shares of Echostar from $126.00 to $117.00 and set a "buy" rating for the company in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $138.56. Insider buying and selling at Echostar. In related news, Director Stephen Bye sold 8,508 shares of the company's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $89.83, for a total value of $764,273.64. Following the completion of the transaction, the director directly owned 653 shares in the company, valued at approximately $58,658.99. The trade was a 92.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Wade sold 2,575 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $92.65, for a total value of $238,573.75. Following the completion of the transaction, the director directly owned 2,749 shares in the company, valued at approximately $254,694.85. This represents a 48.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 13,508 shares of company stock valued at $1,224,686 over the last quarter. 54.60% of the stock is owned by company insiders. Echostar company profile. EchoStar Corporation is a global provider of satellite communications, broadband connectivity and wireless services. The company operates through businesses that serve consumers, enterprises, governments and other organizations with connectivity solutions delivered through satellite, wireless and terrestrial networks. EchoStar's portfolio includes Hughes, which provides satellite and managed broadband services, as well as satellite television and wireless communications businesses associated with the DISH Network combination completed in 2024. 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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Englewood, CO
Founded
1980
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