ECHO
Evidence as of 2026-09-02Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.0 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
Evidence balance: Mixed; confidence high. Revenue for the fiscal quarter ended 2025-03-31 (Q1 2025) was 3,869,758,000 USD, for the fiscal quarter ended 2025-06-30 (Q2 2025) was 3,724,959,000 USD, and for the fiscal quarter ended 2025-09-30 (Q3 2025) was 3,614,258,000 USD. Operating income was negative 88,132,000 USD in Q1 2025 and negative 213,408,000 USD in Q2 2025, while operating income was 392,847,000 USD for the fiscal quarter ended 2026-03-31 (Q1 2026) and 512,938,000 USD for the fiscal quarter ended 2026-06-30 (Q2 2026).
Net income shows large swings: negative 202,669,000 USD in Q1 2025, negative 306,132,000 USD in Q2 2025, negative 12,781,196,000 USD in Q3 2025, negative 146,885,000 USD in Q1 2026, and positive 8,462,372,000 USD in Q2 2026. Trailing twelve‑month free cash flow is 8,490,000 USD (FCF per share ttm 0.0241), producing a price/FCF of 3,590.35 at the reported share price of 86.69 (price date 2026-09-02). Trailing operating cash flow is 1,686,245,000 USD with capex 1,677,755,000 USD (ttm), leaving the small positive FCF above, while trailing net income per share (EPS ttm) is -21.82 and trailing operating income (ttm) is -15,949,498,000 USD.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was 3,869,758,000 USD for the fiscal quarter ended 2025-03-31.
XBRL companyfacts · 0001558370-25-007050Revenue was 3,724,959,000 USD for the fiscal quarter ended 2025-06-30.
XBRL companyfacts · 0001558370-25-009923Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, the ETF iShares Core S&P 500 ETF (IVV) held ECHO at 0.02% of the fund.
ETF constituents · market dataThe provided ownership snapshot is dated 2026-09-02T13:45:47.228469+00:00 (the timestamp of the membership record).
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
The New Mexico Educational Retirement Board purchased 6,700 shares of Echostar in the 2nd quarter, valued at roughly $680,000.
News · thelincolnianonline.com · 2026-09-02Van ECK Associates Corp acquired 1,369,499 shares of Echostar in the 2nd quarter, per its 13F filing.
News · thelincolnianonline.com · 2026-08-29Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The share price used is 86.69 as of price date 2026-09-02.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve‑month free cash flow (FCF) is 8,490,000 and FCF per share (ttm) is 0.0241, producing a price/FCF of 3,590.35 at the given price.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several claims together present a more favorable operational and investor-interest picture than the negative headlines imply. Operating income swung from negative in 2025 quarters to materially positive in the 2026 March and June quarters, and the reported net income for the quarter ended 2026-06-30 is strongly positive, indicating that recent accounting-period results include a marked earnings improvement. Trailing twelve‑month cash flow data show a small positive free cash flow, and institution-level buys (VanEck, New Mexico ERB) plus an index fund holding indicate some demand from professional investors. These items suggest that company-level cash generation and recent operating performance materially differ from the worse accounting/valuation snapshots, which rely heavily on prior-period charges and headline losses.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.32
20 surviving claims rest on 11 distinct sources; the heaviest analyst carries 30% of them, and 98% of what the desk raised survived the debate.
The evidence base is moderately broad but not robust: 20 surviving claims come from 11 sources, so many claims share source coverage, and one analyst contributes nearly a third of the surviving claims — that creates concentration risk. Because 98% of the desk’s points survived debate, the surviving claims are internally consistent, but analyst dependence and limited source diversity mean each claim should carry cautious weight when used in broader inferences.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
13 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.0 to the score
1 holdings record
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on ECHO Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.