JPMorgan sets USD 144.00 target for EchoStar stock

Published on 10/17/2026 at 21:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 3.58 billion. EchoStar stock closed at USD 85.37 on October 16, 2026, down 1.70 percent versus Nasdaq's USD 86.85 close.

Analyst view and company dates

JPMorgan set a USD 144.00 target for EchoStar on October 16, 2026.
Second-quarter revenue reached USD 3.58 billion, down 4.00 percent year over year.
EchoStar stock closed at USD 85.37 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.70 percent versus USD 86.85.
EchoStar's annual meeting is scheduled for October 30, 2026.

ECHO, US2787681061, Illustration mit AI erstellt.

On October 16, 2026, JPMorgan initiated coverage of EchoStar with an Overweight rating and set a USD 144.00 price target, 68.65 percent above the stock's USD 85.37 Nasdaq price, according to MarketBeat. EchoStar closed at USD 85.37 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.70 percent versus the Nasdaq prior close of USD 86.85.

Second-quarter revenue sets the counterweight

EchoStar reported USD 3.58 billion in second-quarter revenue, a 4.00 percent year-over-year decline, according to MarketBeat. The same report said adjusted earnings per share reached USD 24.12, compared with a consensus estimate of minus USD 0.02. The revenue result therefore contrasts with a large earnings figure that included the company's reported quarter-specific effects.

Stock remains below its yearly high

EchoStar's Nasdaq price stood 42.03 percent below its 52-week high of USD 147.25 and 29.79 percent above its 52-week low of USD 65.76 on October 16, 2026. Trading volume was 3,456,968 shares against an average of 3,930,487 shares. The stock's position in the annual range gives the analyst target a wide valuation gap rather than a short-term chart signal.

Valuation and next corporate date

EchoStar had a market capitalization of USD 13.5 billion and a price-to-earnings ratio of minus 3.42 as of October 16, 2026. The company does not pay a regular cash dividend. Its annual meeting is scheduled for October 30, 2026, according to Simply Wall St. EchoStar's investor-relations page identifies the company as a Nasdaq-listed provider of wireless, satellite, broadband and television services through brands including Boost Mobile, Sling TV, DISH TV and Hughes.

Comparison with peers

EchoStar (Nasdaq, USD): minus 1.70 percent, P/E minus 3.42, market capitalization USD 13.5 billion
Iridium Communications (Nasdaq, USD): minus 2.73 percent, P/E 49.73, market capitalization USD 4.6 billion
Viasat (Nasdaq, USD): minus 4.34 percent, P/E minus 226.27, market capitalization USD 8.1 billion

Price and company dates

The annual meeting on October 30, 2026 is the next scheduled corporate date identified for EchoStar. JPMorgan's USD 144.00 target is materially above the Nasdaq price, while the latest quarterly revenue decline remains a counterweight to the bullish rating.

EchoStar operates across wireless, satellite, broadband and television services, giving the stock exposure to several businesses rather than one revenue stream. The October 16, 2026 decline placed the stock below its 52-week midpoint, while the annual meeting provides the next dated corporate checkpoint.