TSAT

Telesat Corp

40.09

Oct 30 • 3:59 PM ET -2.43 (-5.71%)

40.09

Aftermarket • 7:30 PM ET 0.00 (0.00%)

Technology Communication Equipment Canada Small NASD

Oct 29, 7:53 PMTelesat delays Lightspeed LEO program by three months as GEO revenue declines and refinancing overhang persists

Peers: VSAT ASTS GILT IRDM ECHO SPCX GSAT MDA GOGO KVHI

| Held by: UFO ORBX DIPR

Scroll to Statements

Index	-
Market Cap	611.77M
Enterprise Value	3.39B
Income	-276.54M
Sales	245.93M
Book/sh	15.59
Cash/sh	37.56
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	-
Dividend Gr. 3/5Y	- -
Payout	-
Employees	711
IPO	Jul 27, 2005

P/E	-
Forward P/E	-
PEG	-
P/S	2.49
P/B	2.57
P/C	1.07
P/FCF	-
EV/EBITDA	45.83
EV/Sales	13.79
Quick Ratio	0.26
Current Ratio	0.26
Debt/Eq	11.97
LT Debt/Eq	3.86
Option/Short	Yes / Yes

EPS (ttm)	-18.36
EPS next Y	-5.89
EPS next Q	-1.19
EPS this Y	-71.51%
EPS next Y	55.61%
EPS next 5Y	18.73%
EPS past 3/5Y	-72.38% -
Sales past 3/5Y	-19.95% -13.33%
EPS Y/Y TTM	-134.89%
Sales Y/Y TTM	-23.84%
EPS Q/Q	-27.64%
Sales Q/Q	-21.52%
Earnings	Oct 29 BMO
EPS/Sales Surpr.	-216.86% 4.94%

Insider Own	1.93%
Insider Trans	0.00%
Inst Own	50.95%
Inst Trans	-0.31%
ROA	-5.39%
ROE	-77.02%
ROIC	-23.86%
Gross Margin	25.30%
Oper. Margin	-7.98%
Profit Margin	-112.45%
SMA20	-9.76%
SMA50	-12.12%
SMA200	-6.34%
Trades

Shs Outstand	15.20M
Shs Float	14.97M
Short Float	10.30%
Short Ratio	7.99
Short Interest	1.54M
52W High	61.54 -34.86%
52W Low	23.01 74.23%
Volatility	8.15% 6.89%
ATR (14)	3.34
RSI (14)	40.12
Beta	2.10
Rel Volume	1.38
Avg Volume	193.00K
Volume	267,179

Perf Week	-5.78%
Perf Month	-13.65%
Perf Quarter	-0.22%
Perf Half Y	-17.48%
Perf YTD	37.77%
Perf Year	34.15%
Perf 3Y	296.54%
Perf 5Y	-19.53%
Perf 10Y	42.36%
Recom	2.14
Target Price	62.89
Prev Close	42.52
Price	40.09
Change %	-5.71%

Consensus

Buy

Avg. Price Target

$62.89

Implied Upside

+56.9%

Analysts4incl. previous ratings

Rating Distribution2 Buy · 1 Hold · 1 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Oct 26, 2026	Initiated	CCIBC	Sector Outperform
Jul 16, 2026	Initiated	SStifel	Buy
May 14, 2026	Initiated	NNew Street	Sell	$30	-25.2%
Apr 30, 2024	Initiated	DDeutsche Bank	Hold	$9	-77.6%

Oct-29-26 04:37PM	Telesat's Normalized Beat Masks A Quarter Defined By Lightspeed Slippage, GEO Erosion And Unresolved Debt (Earnings Whispers) -6.65% -5.71%
08:06AM	Telesat: Q3 Earnings Snapshot (Associated Press)
07:01AM	Telesat reports results for the three and nine months ended September 30, 2026 (GlobeNewswire)
Oct-26-26 01:14PM	Telesat shares rally as CIBC highlights undervalued Lightspeed LEO asset (Investing.com) +5.03%
Oct-24-26 09:54AM	Telesat's Lightspeed Backlog Meets Its Deadline: Refinancing Clarity Needed Before December Maturities (Earnings Whispers)
01:00PM	Loading…
Oct-23-26 01:00PM	Telesat schedules third quarter 2026 earnings conference call for October 29, 2026 (GlobeNewswire) +5.32%
Oct-14-26 08:55PM	How Low Can AST SpaceMobile Stock Go? (Trefis) +5.18%
Oct-09-26 11:57AM	The Single Most Important Metric For AST SpaceMobile Stock (Trefis)
Sep-17-26 08:30AM	Orange and Telesat inaugurate Europe's first Telesat Lightspeed Gateway in France (GlobeNewswire) +5.90%
Sep-15-26 04:01PM	Telesat and SatPort Infrastructure sign global build-to-suit agreement to expand Telesat Lightspeed ground network (GlobeNewswire)
Sep-09-26 08:06AM	Telesat Named to the TSX30, Ranking Among the Top Performing Stocks on the Toronto Stock Exchange (Newsfile)
07:03AM	Toronto Stock Exchange Announces the 2026 TSX30, Recognizing the Companies Scaling into Global Leaders (Newsfile)
Sep-02-26 07:30AM	Farcast completes Telesat Lightspeed antenna technology demonstration milestone (GlobeNewswire)
Sep-01-26 07:30AM	Telesat Government Solutions and Cailabs Collaborate on Secure Optical Connectivity for Government Missions (GlobeNewswire)
Aug-14-26 02:07AM	Telesat: Q2 Earnings Snapshot (Associated Press)
07:00AM	Loading…
Aug-13-26 07:00AM	Telesat reports results for the three and six months ended June 30, 2026 (GlobeNewswire) -14.30%
Aug-04-26 07:30AM	Telesat secures $2.3 billion Arctic military satcom contract, expanding Telesat Lightspeed network and capacity by 44% (GlobeNewswire) +36.26%
Jul-31-26 01:00PM	Telesat schedules second quarter 2026 earnings conference call for August 13, 2026 (GlobeNewswire)
Jul-27-26 04:30PM	Telesat prepared to execute FCC Upper C-band transition plan (GlobeNewswire)
01:48AM	Europe's Eutelsat, SES set for $6 billion in U.S. spectrum-clearing payments (Reuters)
Jul-22-26 09:03AM	Why a Billion Dollars in New Debt Just Sent ASTS Flying (Trefis)
Jul-09-26 07:30AM	Telesat announces changes to Board of Directors (GlobeNewswire) -5.81%
Jul-08-26 08:00AM	Canadian Armed Forces selects Telesat Lightspeed for Mil-Ka-band component of ESCP-P Arctic military communications program (GlobeNewswire)
Jul-02-26 07:00AM	Telesat donates satellite capacity to support Venezuela's recovery efforts (GlobeNewswire)
Jun-15-26 07:33PM	Why the SpaceX IPO Dragged AST SpaceMobile Down (Trefis) -7.34%
Jun-04-26 04:30PM	Telesat announces results of 2026 Annual General Meeting of shareholders (GlobeNewswire) +17.53% -18.97%
May-26-26 01:56PM	Canada's Telesat eyes secure Italian satellite connectivity contract, sources say (Reuters) +8.04%
May-05-26 07:34AM	Telesat: Q1 Earnings Snapshot (Associated Press)
07:30AM	Telesat reports results for the quarter ended March 31, 2026 (GlobeNewswire)
Apr-21-26 07:30AM	Telesat schedules first quarter 2026 earnings conference call for May 5, 2026 (GlobeNewswire)
11:05AM	Loading…
Apr-02-26 11:05AM	Northwestel and Telesat formalize Telesat Lightspeed agreement (GlobeNewswire) +15.62%
Mar-17-26 05:01PM	Telesat Corp (TSAT) Q4 2025 Earnings Call Highlights: Strategic Advances Amid Financial Challenges (GuruFocus.com) +19.27%
07:27AM	Telesat: Q4 Earnings Snapshot (Associated Press Finance)
07:00AM	Telesat reports results for the quarter and twelve months ended December 31, 2025 (GlobeNewswire)
07:00AM	Telesat adds military Ka-band to Telesat Lightspeed to meet strong global demand for defence and sovereignty requirements (GlobeNewswire)
Mar-11-26 07:30AM	Telesat schedules fourth quarter and full year 2025 earnings conference call for March 17, 2026 (GlobeNewswire)
Mar-10-26 07:30AM	Telesat advances Telesat Lightspeed terrestrial network with new Quebec and Saskatchewan landing station sites (GlobeNewswire) +6.07%
Mar-02-26 02:39AM	Orange adds AST SpaceMobile to growing roster of satellite-to-mobile partners (Reuters) +5.96%
Jan-26-26 01:01PM	Telesat and Hanwha sign strategic cooperation agreement for next-generation space and marine technologies (GlobeNewswire)
Jan-21-26 07:39PM	Telesat Statement on Creditor Litigation (GlobeNewswire) -20.98%
Dec-23-25 09:52AM	3 Satellite Stocks Positioned to Gain From 2026 Connectivity Growth (Zacks)
Dec-11-25 06:04AM	Investors say Elon Musk's SpaceX trading debut will be 'craziest IPO' ever (Reuters)
Dec-09-25 01:10PM	Canada Awards Multibillion-Dollar Military Satellite Deal to MDA Space, Telesat (The Wall Street Journal) +12.88%
09:10AM	Telesat enters strategic partnership with Government of Canada and MDA Space to deliver next-generation military satellite communications solution (GlobeNewswire)
Nov-04-25 06:00PM	Telesat Corp (TSAT) Q3 2025 Earnings Call Highlights: Strategic Advances Amid Financial Challenges (GuruFocus.com) -10.53% +7.48%
08:50AM	Telesat (TSAT) Reports Q3 Loss, Beats Revenue Estimates (Zacks)
08:42AM	Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network (GlobeNewswire)
07:48AM	Telesat: Q3 Earnings Snapshot (Associated Press Finance)
07:30AM	Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2025 (GlobeNewswire)
Oct-27-25 07:30AM	Telesat schedules third quarter 2025 earnings conference call for November 4, 2025 (GlobeNewswire)
Oct-16-25 07:30AM	Telesat purchases real estate in Timmins to develop Landing Station site for Telesat Lightspeed Low Earth Orbit (LEO) satellite network (GlobeNewswire) -6.82%
Oct-06-25 03:30AM	Telesat (TSAT) Moves 7.5% Higher: Will This Strength Last? (Zacks)
Sep-29-25 07:30AM	Telesat expands relationship with Calian to develop resilient operational data platform for Telesat Lightspeed (GlobeNewswire) +5.11%
Sep-16-25 01:02PM	Telesat Corporation (TSAT): A Bull Case Theory (Insider Monkey)
Sep-12-25 05:15PM	Telesat announces equity distribution of Telesat Lightspeed business (GlobeNewswire) +21.49%
Aug-27-25 07:30AM	Donald Tremblay Joins Telesat as Chief Financial Officer (GlobeNewswire)
Aug-06-25 08:35AM	Telesat (TSAT) Tops Q2 Earnings Estimates (Zacks) +5.33%
07:42AM	Telesat: Q2 Earnings Snapshot (Associated Press Finance)
07:00AM	Telesat Reports Results for the Quarter and Six Months Ended June 30, 2025 (GlobeNewswire)
Aug-01-25 07:45AM	EchoStar (SATS) Reports Q2 Loss, Misses Revenue Estimates (Zacks)
Jul-30-25 07:00AM	Telesat Schedules Second Quarter 2025 Earnings Conference Call for August 6, 2025 (GlobeNewswire)
Jul-01-25 12:00PM	Here's Why Telesat (TSAT) is a Great Momentum Stock to Buy (Zacks)
08:50AM	Despite Fast-paced Momentum, Telesat (TSAT) Is Still a Bargain Stock (Zacks)
Jun-19-25 11:00AM	Telesat Announces Results of 2025 Annual General Meeting of Shareholders (GlobeNewswire)
Jun-10-25 04:56PM	Vocus and Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure and services contract (GlobeNewswire) +8.21%
May-14-25 07:35AM	Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio (GlobeNewswire)
May-06-25 07:00AM	Telesat Reports Results for the Quarter Ended March 31, 2025 (GlobeNewswire)
Apr-29-25 04:47PM	Telesat Schedules First Quarter 2025 Earnings Conference Call for May 6, 2025 (GlobeNewswire)
Apr-22-25 07:30AM	Ronald Thompson Named Vice President of Telesat Government Solutions Growth (GlobeNewswire)
Apr-14-25 08:36AM	Telesat: High CAPEX Will Be A Persistent Headwind (Seeking Alpha)
Apr-13-25 12:50PM	Low Earth Orbit Satellites Are The Future; Telesat Is A Speculative Player (Seeking Alpha)
Apr-09-25 12:47PM	Telesat Corporation Has A Ceiling On Growth (Seeking Alpha) +7.67%
Apr-07-25 08:00AM	Viasat Advances Multi-Orbit Services Roadmap (GlobeNewswire)
08:00AM	Telesat secures substantial multi-year contract with Viasat for Telesat Lightspeed services (GlobeNewswire)
Mar-27-25 05:13PM	Telesat Corporation (TSAT) Q4 2024 Earnings Call Transcript (SeekingAlpha) -7.29%
07:30AM	Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2024 (GlobeNewswire)
Mar-25-25 07:30AM	ADN Telecom signs multi-year Telesat Lightspeed partnership agreement (GlobeNewswire)
Mar-21-25 04:33PM	Telesat Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call for March 27, 2025 (GlobeNewswire)
Mar-11-25 07:00AM	Space Norway selects Telesat Lightspeed Low Earth Orbit (LEO) connectivity solution (GlobeNewswire) +26.47%
07:00AM	Orange and Telesat sign multi-year partnership for Telesat Lightspeed LEO satellite connectivity and terrestrial infrastructure (GlobeNewswire)
Mar-10-25 07:00AM	Telesat awards development contract to QEST for Telesat Lightspeed Flat Panel Antenna for commercial aviation (GlobeNewswire)
Feb-27-25 08:00AM	Telesat Partners with Intellian to Develop Ka-Band Flat Panel User Terminals for Telesat Lightspeed LEO Constellation (GlobeNewswire)
Feb-25-25 08:00AM	Telesat Opens Annual Scholarship Programs for Women & Indigenous Students (GlobeNewswire)
Jan-13-25 08:00AM	Telesat Announces Key Executive Leadership Changes (GlobeNewswire)
Jan-06-25 08:00AM	Charles Cynamon Named President of Telesat Government Solutions (GlobeNewswire) +7.63%
Dec-04-24 08:15AM	Telesat and MDA Space Complete Key Milestone for Telesat Lightspeed Constellation (GlobeNewswire)
Nov-14-24 07:00AM	Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2024 (GlobeNewswire)
Nov-06-24 04:00PM	Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024 (GlobeNewswire)
Nov-05-24 07:20AM	Telesat signs $39M contract with Satixfy Communications (TipRanks)
Nov-04-24 07:00AM	Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network (PR Newswire)
Oct-28-24 07:00AM	Telesat and Airbus begin collaboration to integrate Telesat Lightspeed services into HBCplus portfolio (GlobeNewswire)
Oct-23-24 07:00AM	Telesat awards contract to Intellian to design and supply gateway antennas for the Telesat Lightspeed network (GlobeNewswire) -5.92%
Sep-18-24 07:00AM	Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development (GlobeNewswire) -5.09%
Sep-13-24 11:10AM	Telesat Completes $2.54 Billion Funding Agreements for Telesat Lightspeed Satellite Constellation with Strong Government Backing (GlobeNewswire) +10.33%
Sep-09-24 07:00AM	Telesat Selects Calian to Develop and Deploy Element Management System for Telesat Lightspeed Network (GlobeNewswire)
Aug-14-24 07:00AM	Telesat Reports Results for the Quarter and Six Months Ended June 30, 2024 (GlobeNewswire) +7.20%
Aug-07-24 04:01PM	Telesat Second Quarter 2024 Earnings Conference Call (GlobeNewswire)
Jun-20-24 12:15PM	Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders (GlobeNewswire)
09:47AM	PLTR Stock: Palantir Bags New Partnership With ARPA-H for AI/ML (InvestorPlace)
08:33AM	Trade of the Buy: Telesat (TSAT) Stock Is the Most Shorted Equity Right Now (InvestorPlace)

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Telesat Corp. engages in the provision of satellite communications and consulting services. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. It is a global satellite operator, providing mission-critical communications solutions to support the requirements of sophisticated satellite users throughout the world and consists of 14 geostationary satellites and the Canadian payload on Viasat-1. The company was founded in 1969 and is headquartered in Ottawa, Canada.

PresidentMr. Daniel S. Goldberg J.D.

Chief Financial OfficerMr. Donald Tremblay CPA

Senior Vice President of Corporate & Business DevelopmentMr. Michael C. Schwartz

Chief Commercial OfficerMr. Glenn Katz

Chief Technology OfficerMr. Michel Forest

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TSAT

Telesat Corp

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