Workflow
Satellite Television
icon
Search documents
EchoStar Unusual Options Activity - EchoStar (NASDAQ:SATS)
Benzinga· 2025-12-22 18:01
Core Insights - Investors are showing a bullish sentiment towards EchoStar (NASDAQ:SATS), with significant options trading activity indicating potential upcoming developments [1][2]. Options Trading Activity - Benzinga's options scanner identified 14 unusual options trades for EchoStar, with a split sentiment of 50% bullish and 42% bearish among big-money traders [2][3]. - The total amount for put options was $224,650, while call options totaled $675,130, indicating a stronger interest in calls [3]. - The projected price targets for EchoStar are between $70.0 and $120.0, based on the volume and open interest of the options contracts observed over the past quarter [4]. Volume and Open Interest - An analysis of the volume and open interest for EchoStar's options reveals significant liquidity and interest, particularly within the strike price range of $70.0 to $120.0 over the last 30 days [5][6]. Company Overview - EchoStar primarily generates revenue from satellite television, serving approximately 5 million US satellite customers, which accounts for about 10% of the traditional television market. Additionally, it has around 2 million customers under the Sling brand [11]. - The company has a diverse portfolio of spectrum licenses and is in the process of building a nationwide wireless network, having acquired Sprint's prepaid business, which serves about 7 million customers [11]. - EchoStar has agreed to sell part of its wireless licenses to AT&T and SpaceX, relying on the AT&T network for customer service [11]. Market Status and Analyst Ratings - Recent evaluations from two professional analysts set an average price target of $120.5 for EchoStar, with Deutsche Bank maintaining a Buy rating and a target price of $131, while Morgan Stanley upgraded its rating to Overweight with a target of $110 [13][14]. - The current trading volume for SATS is 2,443,781, with a price increase of 1.92% to $105.9, although RSI indicators suggest the stock may be overbought [16].
Rocket Lab, Warner Bros., And Carvana Are Among the Top 10 Large-Cap Gainers Last Week (Dec. 8-Dec. 12): Are the Others in Your Portfolio? - Confluent (NASDAQ:CFLT), Core & Main (NYSE:CNM), Carvana (N
Benzinga· 2025-12-14 16:31
Group 1: Stock Performances - EchoStar Corporation (NASDAQ:SATS) gained 24.70% after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $82 to $110 [1] - Rocket Lab Corporation (NASDAQ:RKLB) rose 22.78% due to advancing a South Korean Earth-imaging mission into its next available launch window [2] - Pan American Silver Corp. (PAAS) increased 11.18% amid higher trading of precious metal companies, driven by investor optimism of a Fed rate cut [3] - Core & Main, Inc. (NYSE:CNM) gained 11.19% after reporting better-than-expected Q3 adjusted EPS, with multiple analysts raising their price forecast [3] - Flex Ltd. (NASDAQ:FLEX) increased 4.70% after Goldman Sachs maintained a Buy rating and raised its price forecast from $67 to $74 [4] Group 2: Acquisitions and Analyst Upgrades - Confluent, Inc. (NASDAQ:CFLT) increased 0.64% following IBM's agreement to acquire the company for $31 per share, with multiple analysts raising their price forecast [1][2] - Carvana Co. (NYSE:CVNA) rose 5.35% after announcing it will join the S&P 500 on December 22, 2025, along with multiple analysts raising their price forecast [2]
EchoStar Loss Widens on Charges
WSJ· 2025-11-06 14:09
Core Insights - EchoStar reported a widened loss in the third quarter due to decreased revenue and a charge related to its multibillion-dollar wireless spectrum sales [1] - The company has appointed a new CEO [1] Financial Performance - The loss for the third quarter increased as a result of lower revenue [1] - A significant charge was taken on the company's multibillion-dollar sales of wireless spectrum [1] Leadership Changes - EchoStar has appointed a new CEO, indicating a potential shift in strategic direction [1]
EchoStar Unusual Options Activity For September 30 - EchoStar (NASDAQ:SATS)
Benzinga· 2025-09-30 14:02
Core Insights - Deep-pocketed investors are showing a bullish sentiment towards EchoStar (NASDAQ:SATS), indicating potential significant developments ahead [1] - The options activity for EchoStar has been notably high, with 56% of investors leaning bullish and 37% bearish [2] Options Activity - A total of 16 extraordinary options activities were recorded for EchoStar, with 6 puts totaling $910,589 and 10 calls amounting to $2,872,252 [2] - The price window targeted by major players for EchoStar is between $60.0 and $100.0 over the past quarter [3] Volume and Open Interest Analysis - Analyzing the volume and open interest provides insights into the liquidity and interest in EchoStar's options, particularly within the $60.0 to $100.0 strike price range over the last 30 days [4] Company Overview - EchoStar primarily generates revenue from satellite television, serving approximately 5 million US satellite customers, which accounts for about 10% of the traditional television market [10] - The company also operates under the Sling brand, serving 2 million customers, and has a significant portfolio of spectrum licenses while building a nationwide wireless network [10] - EchoStar has acquired Sprint's prepaid business, serving around 7 million customers under the Boost brand, and has agreed to sell some wireless licenses to AT&T and SpaceX [10] Market Status and Analyst Opinions - Analysts have set an average price target of $88.0 for EchoStar, with one maintaining an Equal-Weight rating at a target of $91 and another holding a Neutral rating at $85 [11][12] - The current trading volume for SATS is 1,727,983, with a price increase of 4.24% to $76.77, indicating potential overbought conditions according to RSI indicators [14]
Check Out What Whales Are Doing With SATS - EchoStar (NASDAQ:SATS)
Benzinga· 2025-09-24 20:01
Core Insights - Investors have shown a bearish sentiment towards EchoStar, with 72% of trades being bearish and only 18% bullish [1] - The total amount for put options is $289,660, while call options amount to $17,507,869, indicating a significant preference for bearish positions [1] Options Activity - The price window for EchoStar's options has been identified between $35.0 and $105.0 over the past quarter, suggesting a range of expected price movements [2] - An analysis of volume and open interest provides insights into the liquidity and interest surrounding EchoStar's options [4] Company Overview - EchoStar primarily generates revenue from satellite television, serving approximately 5 million customers in the US, which accounts for about 10% of the traditional television market [10] - The company also operates under the Sling brand, serving an additional 2 million customers, and has a significant portfolio of spectrum licenses [10] - EchoStar has acquired Sprint's prepaid business, serving around 7 million customers under the Boost brand, and is building a nationwide wireless network [10] Market Position - Recent analyst ratings for EchoStar show a consensus target price of $73.8, with various analysts maintaining different ratings and target prices ranging from $59 to $91 [11][12] - The current trading volume for EchoStar stands at 2,154,245, with the stock price at $74.0, reflecting a slight increase of 0.49% [14]
Eutelsat and Multimedios Televisión Consolidate Longstanding Satellite Partnership in Mexico
Businesswire· 2025-09-13 09:04
Core Insights - Eutelsat and Multimedios Televisión have strengthened their long-term satellite partnership in Mexico, indicating a commitment to enhancing satellite communication services in the region [1] Company Summary - Eutelsat is a leading satellite operator that provides satellite communication services globally, while Multimedios Televisión is a prominent media company in Mexico, focusing on television broadcasting [1] Industry Summary - The partnership reflects the growing importance of satellite technology in the media and telecommunications industry, particularly in regions like Mexico where traditional infrastructure may be limited [1]
EchoStar(SATS) - 2025 Q2 - Earnings Call Presentation
2025-08-01 16:00
Financial Performance - Revenue decreased by $228 million, a 5.8% year-over-year decline, reaching $3.7 billion in Q2 2025[13] - OIBDA decreased by $163 million, a 36.8% year-over-year decline, reaching $280 million in Q2 2025[14] - Free Cash Flow was negative $739 million in Q2 2025, a decrease of $548 million year-over-year[17] - Capital Expenditures and Capitalized Interest increased by $76 million, an 11.3% year-over-year increase, reaching $747 million in Q2 2025[16] Segment Results - Pay-TV revenue decreased by $214 million, an 8.0% year-over-year decline, reaching $2462 million[16] - Wireless revenue increased by $42 million, a 4.7% year-over-year increase, reaching $935 million[16] - Broadband & Satellite Services (BSS) revenue decreased by $54 million, a 13.8% year-over-year decline, reaching $340 million[16] Subscriber Metrics - Hughes experienced a decrease of 136K subscribers, a 14.2% year-over-year decline[49] - Wireless net additions were 212K, compared to a net loss of 16K in the prior year[9, 21] - Pay-TV net losses were 261K subscribers[88] Additional Information - Cash and Marketable Securities increased by $4.0 billion year-over-year, reaching $4.7 billion in Q2 2025, primarily due to Q4 2024 financing transactions[17, 19] - Hughes Enterprise Contracted Backlog increased by $0.1 billion, an 8% year-over-year increase, reaching $1.6 billion[9, 35]