Echostar Corporation (SATS) reached a new all-time closing high of $218.40 on December 11, 2025, driven by a price target increase and rating upgrade from a major equity analyst. The stock's momentum reflects strong investor confidence in its satellite communications strategy and growth trajectory.
- Echostar (SATS) closed at $218.40 on December 11, 2025, its highest level ever.
- Analyst raised price target to $245 from $205 and upgraded rating to 'Buy'.
- Q3 2025 revenue reached $1.23 billion, up 14% YoY.
- Adjusted EBITDA rose to $412 million, a 18% increase from Q3 2024.
- Expected launches of Echostar 24 and 25 satellites to expand broadband capacity.
- SATS shares gained over 7% in after-hours trading post-upgrade.
Echostar (SATS) closed at $218.40 on December 11, 2025, marking its highest level since the company’s inception. The surge followed a positive research update from an equity analyst who raised the stock’s price target to $245 from $205 and upgraded the rating to 'Buy' from 'Hold'. The move reflects growing optimism around Echostar’s ability to expand its satellite broadband network and capture market share in the expanding space-based internet sector. The company’s recent financial performance supports the upward revision, with Q3 2025 revenue reaching $1.23 billion, a 14% year-over-year increase. Adjusted EBITDA for the quarter totaled $412 million, up 18% from the same period in 2024. These figures highlight improved operational efficiency and strong demand for its satellite services, particularly through its HughesNet and DirecTV brands. The analyst’s upgrade underscores expectations of continued investment in next-generation satellite technology, including the upcoming launch of the Echostar 24 and 25 platforms. These satellites are expected to enhance coverage and capacity, positioning Echostar to better compete with emerging players like SpaceX’s Starlink. The market reacted swiftly, with SATS shares gaining over 7% in after-hours trading following the report. Investors and institutional holders are increasingly viewing Echostar as a key player in the space infrastructure ecosystem. The stock’s performance has outpaced the broader telecommunications sector by nearly 20 percentage points year-to-date, signaling strong momentum and confidence in its long-term strategic direction.