---
title: EchoStar (ECHO) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/echo
ticker: ECHO
as_of: 2026-10-17
sector: Communication Services
industry: Telecommunications Services
---
# EchoStar (ECHO)

EchoStar (ECHO) closed at $85.37 on Oct 16, 2026, overvalued by 326% vs its model value of $20.04 (from its peers' median EV/Revenue).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $85.37 (Oct 16, 2026) |
| Model value (from its peers' median EV/Revenue) | $20.04 |
| Price vs model | overvalued by 326% vs model |
| Range of that model | $20.04 – $45.63 |
| Market value | $13.5B |
| P/E (fiscal 2025) | — |
| Net margin (fiscal 2025) | -96.6% |
| Free cash flow (fiscal 2025) | -$1.1B |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 0.95 |
| Cost of capital (WACC) | 7.17% |
| Business classification | Loss-Making (Revenue declining (~-6% recent), Decelerated from ~51% 5y CAGR, Currently unprofitable, Highly cyclical earnings, High leverage (D/E 4.5x), Negative free cash flow) |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $20.04 | $0.00 | $45.63 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 4 open-market sales ($1.2M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 1, 2026 | Swieringa John | PRES, TECH & COO | Tax withholding | 21,875 | $1.9M |
| Oct 1, 2026 | Rupczynski Robert Joseph | President, Retail Wireless | Grant / award | 25,000 | $0 |
| Aug 12, 2026 | Wade William David | Director | Open-market sell | 2,575 | $238,573.8 |
| Aug 13, 2026 | Wade William David | Director | Open-market sell | 2,425 | $221,839 |
| Aug 7, 2026 | BYE STEPHEN J | Director | Option/RSU exercise | 3,508 | $93,312.8 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 2, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.01 Completion of Acquisition/Disposition; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1415404/000141540426000048/sats-20261001x8k.htm |
| Sep 18, 2026 | ARS | Annual report to shareholders | https://www.sec.gov/Archives/edgar/data/1415404/000110465926108968/sats-20251231xars.pdf |
| Sep 18, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1415404/000110465926108963/sats-20260918xdefa14a.htm |
| Sep 18, 2026 | DEF 14A | Proxy statement | https://www.sec.gov/Archives/edgar/data/1415404/000110465926108960/sats-20261030xdef14a.htm |
| Aug 7, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1415404/000141540426000042/sats-20260807x8k.htm |

## About

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The company was founded by Charlie Wi…

---

Source: https://sweetvaluelab.com/stocks/echo (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.