EchoStar Corporation Class A Aktie News

A Wall Street analyst upgraded EchoStar's stock this week. The analyst believes EchoStar will receive a hefty price for its remaining wireless spectrum assets.

Satsuma Technology PLC (LSE:SATS) shares rose as much as 28% in early trading after the company announced proposed board changes and the sale of 579 Bitcoin, raising net proceeds of about £40mn. The company said the moves form part of preparations for a planned uplisting to the Financial Conduct Authority's Official List and trading on the London Stock Exchange's main market.

A growing SpaceX valuation is enriching EchoStar. EchoStar took an interest in SpaceX from spectrum license sales first announced in September.

Telecommunications stock EchoStar Corp (NASDAQ:SATS) was last seen up 6.4% to trade at $99.54, after an upgrade from Morgan Stanley to "overweight" from "equal weight," with a price-target hike to $110 from $82.The firm stated that  “as a seller of Spectrum, SATS shares are either immune or stand to benefit from rising competition among US wireless carriers, creating a unique risk/reward relati...

The shares are rising amid talk of Elon Musk's company heading for an initial public offering in 2026.

It was reported that SpaceX is tapping the private markets at an $800 billion valuation. EchoStar received $8.5 billion in SpaceX stock in September, as well as another $2.6 billion in November, as part of its large spectrum sales to the satellite giant.

EchoStar Corporation is rated Buy, driven by transformative deals with AT&T and SpaceX that significantly improve its capital structure and strategic positioning. SATS's hybrid MNO model leverages AT&T's infrastructure and SpaceX's satellite network, transitioning Wireless to a capital-light, scalable business with reduced overhead. Pending regulatory approval of the AT&T and SpaceX deals is cr...

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