Telesat Corp (TSAT) Stock Price & Analysis
TSAT Stock Chart & Stats
- Day’s Range
- $38.94 - $40.65
- 52-Week Range
- $23.01 - $61.54
- Previous Close
- $42.52
- Volume
- 193.83K
- Average Volume (3M)
- 162.25K
- Market Cap
- $609.77M
- Enterprise Value
- $4.94B
- Total Cash (Recent Filing)
- $814.38M
- Total Debt (Recent Filing)
- $4.06B
- Price to Earnings (P/E)
- ―
- Beta
- 1.41
- Next Earnings
- Apr 01, 2027 (Est.)
- EPS Estimate
- -1.19
- Last Dividend Ex-Date
- Apr 05, 2012
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Large Contracted Lightspeed Backlog
The ESCAPE contract and approximately $5.6 billion Lightspeed backlog provide substantial future revenue visibility and validate demand from a government customer. A 15-year contract can support network utilization, improve planning confidence, and strengthen Telesat’s position as the constellation develops.
Funded Constellation Expansion
Expansion to 225 identical satellites represents meaningful progress toward a scalable global network rather than a purely conceptual project. Secured production and deployment plans can broaden Telesat’s addressable connectivity market and support more consistent service delivery once commercial operations begin.
Established GEO Revenue Visibility
The $900 million GEO backlog and five-year contract extension provide continuing visibility for the established business while Lightspeed is being developed. This contracted base can help preserve customer relationships and generate operating revenue during the transition to the newer constellation.
Bears Say
Extreme Leverage And Shrinking Equity
Very high leverage relative to the reduced equity base leaves Telesat with limited financial flexibility and makes debt management central to the investment case. Interest, refinancing needs, and maturity execution can constrain capital allocation and increase vulnerability if operating performance weakens.
Weak And Volatile Operating Performance
Falling revenue and a very large net loss indicate that current operations are not yet producing stable earnings power. The additional GEO decline suggests pressure in the existing business, while volatile historical profitability makes it harder to fund growth or forecast sustainable returns from operations.
Negative Free Cash Flow During Heavy Investment
Positive operating cash flow is being outweighed by investment requirements, leaving free cash flow negative and increasing reliance on financing for the development program. Sustained capital intensity can limit deleveraging capacity and heighten funding pressure while the constellation moves toward service.
TSAT FAQ
What was Telesat Corp’s price range in the past 12 months?
What is Telesat Corp’s market cap?
When is Telesat Corp’s upcoming earnings report date?
How were Telesat Corp’s earnings last quarter?
Is Telesat Corp overvalued?
Does Telesat Corp pay dividends?
What is Telesat Corp’s EPS estimate?
How many shares outstanding does Telesat Corp have?
What happened to Telesat Corp’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Telesat Corp?
What is the TipRanks Smart Score and how is it calculated?
Telesat Corp Stock Smart Score
Company Description
Telesat Corp
Telesat Corporation functions as a premier satellite communications provider, delivering essential connectivity solutions worldwide to clients in the broadcast, enterprise, and consulting fields. The company empowers direct-to-home (DTH) service providers to transmit television, audio, and data channels straight into customers' residences. It also enables broadcasters, cable networks, and DTH operators to disseminate television programming. Complementary services include satellite bandwidth, digital video encoding, access control, and ground station uplinking and downlinking. For temporary communication needs, such as live news, sports, and event coverage, Telesat offers occasional use services. For businesses, Telesat provides complete satellite and ground infrastructure services to support enterprise connectivity, internet and cellular backhaul, and rural telephony for telecommunications carriers and network services integrators. Furthermore, its broadband communication services cater to the maritime and aeronautical sectors, supporting commercial airplanes and vessels. Telesat also serves the U.S. government through integrators, provides satellite services to the Canadian government, and offers direct-to-consumer broadband. Its operations extend to the oil and gas and mining industries, where it manages satellite and hybrid satellite/terrestrial networks. Additionally, the company provides satellite operator support and expert consulting on space and earth segments, government analyses, satellite control, and research and development. Telesat primarily reaches its customers via a dedicated direct sales team. As of December 31, 2021, the company's assets included a constellation of 14 geostationary satellites in orbit and a Canadian payload hosted on the ViaSat-1 satellite. Founded in 1969, Telesat Corporation is based in Ottawa, Canada.
- Sector
- Technology
- Industry
- Telecommunications Services
- CEO
- Daniel S. Goldberg
- Employees
- 711
- Website
- www.telesat.com
- Address
- 160 Elgin Street, Ottawa, ON, K2P 2P7, CA
Telesat Corp (TSAT) Earnings & Revenues
TSAT Earnings Call
Earnings Call SentimentPositive
The call conveyed strong strategic and operational momentum: a landmark ESCAPE contract, Lightspeed backlog of ~$5.6B, expansion to a 225‑satellite constellation, secured financing availability (including US$1.6B facility, vendor financing and ESCAPE milestone payments) and a target commercial service date of Q1 2028. At the same time, near‑term financials showed material pain: a Q2 consolidated net loss of $559M driven by a $475M warrant revaluation and FX effects, a 26% YoY decline in GEO revenue, lower GEO EBITDA, satellite retirements impacting utilization, and remaining refinancing/maturity risks. Overall, strategic positives and secure funding for Lightspeed are substantial and provide credible upside, but the company faces meaningful near‑term earnings volatility, legacy GEO headwinds and refinancing execution risk.
View all TSAT earnings summariesTSAT Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 4 | 14 |
| Technical Analysis | 4 | 4 | 2 |
| Moving Averages | 0 | 0 | 12 |











