ECHO
EchoStar Corporation
There isn't enough reported data to score ECHO yet.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
ECHO Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| Under pressure | |
| Strong |
ECHO's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
ECHO PE Valuation
ECHO has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 26x next year's earnings.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
ECHO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Decline | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect ECHO to return to profit, with revenue declining. However, they disagree widely on these estimates.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
ECHO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.72 | — |
| Q1 2024 | -$7.71 | -655% |
| Q4 2023 | -$6.96 | -431% |
| Q3 2023 | $1.13 | +69% |
| Q2 2023 | $1.36 | +74% |
| Q1 2023 | $1.39 | +35% |
| Q4 2022 | $2.10 | +159% |
| Q3 2022 | $0.67 | -59% |
| Q2 2022 | $0.78 | -49% |
ECHO has swung to a loss: it lost $7.71 per share over the past year, after a profit the year before.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over ECHO in the latest year-over-year earnings comparison.
ECHO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.1B | -69% |
| Q2 2026 | $3.6B | -4% |
| Q1 2026 | $3.7B | -5.2% |
| Q4 2025 | $3.8B | -4.3% |
| Q3 2025 | $3.6B | -7.1% |
| Q2 2025 | $3.7B | -5.8% |
| Q1 2025 | $3.9B | -3.6% |
| Q4 2024 | $4B | -4.7% |
ECHO has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +474 points |
| Q2 2026 | 14% | +20 points |
| Q1 2026 | 11% | +13 points |
| Q4 2025 | -21% | -19 points |
| Q3 2025 | -460% | -456 points |
| Q2 2025 | -5.7% | -4.1 points |
| Q1 2025 | -2.3% | -1.9 points |
| Q4 2024 | -1.6% | +19 points |
ECHO's operating margin was 13% last quarter, up 474 points from the same quarter a year ago, near the top of its range since 2019.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
ECHO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $48.1M | +$192.4M |
| Q2 2026 | -$102.3M | +$183.4M |
| Q1 2026 | $104.8M | +$156.5M |
| Q4 2025 | -$583.4M | -$284.7M |
| Q3 2025 | -$144.4M | -$86.8M |
| Q2 2025 | -$285.7M | -316% |
| Q1 2025 | -$51.7M | +$16.7M |
| Q4 2024 | -$298.7M | +$463.7M |
ECHO has burned cash in six of the last eight quarters: −$533M over the past year, against −$780M the year before.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
ECHO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -431K shares |
| 1 year | +319% | +267M shares |
| 3 years | +297% | +263M shares |
ECHO has 351M diluted shares, up 319% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | $12.2M |
| Q2 2022 | $43.8M |
| Q1 2022 | $33.3M |
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over ECHO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
ECHO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.2x | Net Cash |
| Q2 2025 | 17.3x | High |
| Q1 2025 | 15.3x | High |
| Q4 2024 | 13.7x | High |
| Q3 2024 | 1.1x | Healthy |
| Q2 2024 | 1.1x | Healthy |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 1.5x | Healthy |
ECHO has more cash than debt.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
ECHO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 69.3 | Neutral |
ECHO's weekly RSI is 51 (neutral) and its Stochastic is 69 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
ECHO PE vs Communication Services Sector
| Metric | ECHO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
ECHO has no meaningful PE right now: it lost money over the past year.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
ECHO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $92.9 | 5.6% above |
| 20 week MA | $91.8 | 6.8% above |
| 50 week MA | $106.1 | 7.5% below |
| 100 week MA | $72.3 | 36% above |
| 200 week MA | $45.0 | 118% above |
ECHO has stronger trend alignment. ECHO is above 4 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
ECHO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $44.0 | $21.4 | -51% |
| 2021 | $21.4 | $26.6 | +24% |
| 2022 | $26.6 | $16.9 | -37% |
| 2023 | $16.9 | $16.6 | -1.9% |
| 2024 | $16.6 | $22.6 | +36% |
| 2025 | $22.6 | $105.6 | +368% |
| 2026 YTD | $105.6 | $98.1 | -7.1% |
ECHO's yearly returns have swung widely, from +368% in 2025 to −51% in 2020. It's down 7.1% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over ECHO on returns for 2026, with the stronger performance.