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EchoStar's Valuation Soars Amid SpaceX's $800B Deal
ByAinvest
Thursday, Jan 1, 2026 6:47 pm ET1min read
Citi analyst Michael Rollins raised EchoStar Corporation's (NASDAQ:SATS) price target to $111 from $87 and maintained a Neutral rating. The firm's valuation reportedly hit $800 billion in a private share sale, doubling EchoStar's expected equity value from the spectrum deal. Deutsche Bank raised the price target to $131 from $97 and kept a Buy rating. Morgan Stanley upgraded EchoStar to Overweight from Equal Weight with a price target of $110.
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