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Added to YB: 2025-06-30

Pitch date: 2025-06-27

SATS [bullish]

EchoStar Corporation

Author Info

No bio for this author

Company Info

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services in the United States and internationally.

Market Cap

$7.1B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

Sector

Media

Category

value

Show full summary:
The Worst-Case Scenario for $SATS

SATS: Trading at 0.2-0.3x intrinsic value ($7B mkt cap vs $45B equity value) due to $60B spectrum assets. Three scenarios: 1) Bankruptcy w/no spectrum deals (unlikely); 2) Zombie mode—selling some spectrum but low ROI; 3) Price war suicide. Spectrum value clear but trapped by Ergen's control, poor IR, complex cap structure. Bears fear 'corporate vampire' scenario.

Read full article (4 min)