
EchoStar (NASDAQ:ECHO) shares got a boost Tuesday after UBS resumed coverage of the stock with a Buy rating and a $150 price target, sending the stock up 4.2%. The UBS upgrade reflects EchoStar's tran

ENGLEWOOD, Colo., Aug. 03, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation (NASDAQ: ECHO) reported second quarter 2026 total revenue of $3.58 billion, compared to $3.72 billion in 2025.
Tom Yeung here with your Sunday Digest . Imagine you own a small, successful restaurant chain.
EchoStar Corporation now functions almost entirely as a proxy for SpaceX, with its operating divisions in decline or bankruptcy. ECHO trades at a discount to its implied SpaceX share value, but operat