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SATS an escape from the recently mounting regulatory scrutiny as well.A $10 Billion Reason to Buy This Quantum Computing Stock NowIs Nio Stock a Buy at 2025 Highs?Elon Musk Predicts xAI Alone Will Buy ‘Billions’ of AI Chips Costing As Much as $25 Trillion, With 50 Million Chips Coming Within ‘5 Years’Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.Including today’s explosive move to the upside, EchoStar stock is trading roughly 250% above its year-to-date low in early June.www.barchart.comThe all-cash spectrum sale to AT&T is meaningfully positive for EchoStar as it instantly transforms its balance sheet.It resolves regulatory pressure from the FCC over underutilized spectrum and removes uncertainty around 5G buildout obligations as well.The deal positions EchoStar to retire debt, streamline operations, fund growth initiatives, and pivot toward a capital-light hybrid mobile network model.With AT&T as its primary infrastructure partner, EchoStar gains long-term service stability while shedding costly spectrum assets.All in all, the transaction signals strategic clarity, financial strength, and regulatory relief, all of which could lead to sustained momentum in SATS shares.While the AT&T announcement sure is constructive for EchoStar shares, investors should practice caution since much of the related upside is already priced into the telecom stock at current levels.SATS shares remain unattractive also because the Nasdaq-listed firm is yet to turn a profit. In fact, its losses are expanding at an alarming rate.For the current quarter, consensus is for this Englewood-headquartered firm to lose $1.23 on a per-share basis – roughly 136% more than the $0.52 a share it lost in the same quarter last year.Wall Street analysts also agree that EchoStar’s stock price rally following AT&T news on Tuesday is overdone.According to Barchart, the consensus rating on SATS shares currently sits at “Moderate Buy,” but the mean target of roughly $37 indicates potential downside of more than 25% from here.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,502.50 +6.50 (+0.10%)Dow Futures45,785.00 +143.00 (+0.31%)Nasdaq Futures23,624.00 -4.75 (-0.02%)Russell 2000 Futures2,392.30 +12.60 (+0.53%)VIX14.37 -0.48 (-3.23%)Gold3,450.50 +1.90 (+0.06%)PortfolioSign in to access your portfolioSign inTop gainersMDB MongoDB, Inc. 295.70 +81.36 (+37.96%)SATS EchoStar Corporation 58.76 +7.89 (+15.51%)NCNO nCino, Inc. 32.69 +4.00 (+13.94%)LUMN Lumen Technologies, Inc. 5.27 +0.58 (+12.37%)PCT PureCycle Technologies, Inc. 14.86 +1.26 (+9.26%)Top losersTIGR UP Fintech Holding Limited 11.57 -1.25 (-9.75%)NEGG Newegg Commerce, Inc. 60.89 -6.14 (-9.16%)LI Li Auto Inc. 22.60 -2.05 (-8.32%)KNF Knife River Corporation 82.76 -7.39 (-8.20%)SMMT Summit Therapeutics Inc. 24.81 -2.17 (-8.06%)Most activeWBA Walgreens Boots Alliance, Inc. 11.98 +0.06 (+0.50%)OPEN Opendoor Technologies Inc. 4.0200 -0.6800 (-14.47%)NVDA NVIDIA Corporation 181.60 -0.17 (-0.09%)PSNYW Polestar Automotive Holding UK PLC 0.4700 +0.3100 (+193.75%)NIO NIO Inc. 6.34 -0.36 (-5.37%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersNVDA NVIDIA Corporation 181.60 -0.17 (-0.09%)CRWD CrowdStrike Holdings, Inc. 422.61 +5.01 (+1.20%)LUMN Lumen Technologies, Inc. 5.27 +0.58 (+12.37%)SNOW Snowflake Inc. 200.39 +6.04 (+3.11%)CRWV CoreWeave, Inc. 96.93 +5.54 (+6.06%)Top economic events