TacticScaleEchoStar (ECHO) Stock: Fair Value & Is It Undervalued?
Updated October 2026 · reflects EchoStar's latest reported financials
US pay-TV, wireless, and satellite broadband provider
Quick answer: EchoStar's most-likely fair value is about $6 (range $4–$9) versus a recent price near $98. The disciplined verdict is “Stretched — richly priced” — fair value is only actionable at the extremes. Analysis, not advice.
No margin of safety — today's $98 is more than double even the optimistic Bull case ($9).
⚠ High leverage — net debt is 163.9× annual cash flow. Net debt is subtracted from this fair value, but refinancing at higher rates, principal timing, and share dilution aren’t modeled — the equity can be worth far less if cash flow weakens.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Is EchoStar stock undervalued?
On an owner-earnings DCF, EchoStar's most-likely value is about $6 versus a recent price near $98 (94% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$3) with a margin of safety — so the honest verdict here is “Stretched — richly priced.” Fair value earns its keep only at the extremes, not in the wide middle.
What is EchoStar?
EchoStar Corporation is a Colorado-based communications company founded in 1980. It operates in four segments: Pay-TV, Wireless, Broadband and Satellite Services, and Other. Pay-TV covers DISH satellite TV and Sling streaming, which offers live, on-demand, international, Latino, and free (Freestream) programming, plus uplink and transmission services for other pay-TV providers. Wireless sells mobile service and devices under the Boost Mobile and Gen Mobile brands. The Hughes business provides Hughesnet satellite internet to homes and small businesses, especially in unserved and underserved areas. It also sells managed network services, equipment, and satellite ground systems to enterprise, government, aviation, and mobile network operator customers, including in-flight connectivity for airlines. The Other segment holds its 5G network and 5G network deployment operations.
What EchoStar does
EchoStar sells TV service by satellite and over the internet, mobile phone service, and satellite internet. Its brands include DISH, Sling, Boost Mobile, and Hughesnet. It also builds satellite network equipment and provides connectivity for businesses, governments, and airlines.
How EchoStar makes money
It earns mostly from recurring subscription fees for pay-TV, streaming, wireless, and satellite broadband service. It also makes money selling equipment, managed network services, and satellite systems to enterprise, government, and airline customers.
Products & services
- DISH satellite TV
- Sling TV streaming
- Boost Mobile wireless
- Hughesnet satellite internet
- Hughes enterprise and in-flight connectivity
- Gen Mobile
Related companies
China Satellite Communications Co (601698.SS) · Telephone and Data Systems (TDS) · Viasat (VSAT) · Iridium Communications (IRDM) · Charter Communications (CHTR)