Telesat Corp (TSAT.TO) has seen significant price movement this week, driven by recent contracts and financial announcements.
Telesat Corp has experienced a notable uptick in its stock performance this week, with a 10.38% increase over the last seven days. This momentum comes amidst key developments in the company's operations, particularly in securing substantial contracts and preparing for upcoming financial disclosures.
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Telesat Corp
TSAT.TO
TSAT.TO
Telesat Corp
WealthAwesomeMarket cap
$3.55B
52W high
$85.50
52W low
$32.60
1W change
+10.38%
Beta
2.05
Analyst Price Targets
Based on analyst covering TSAT
Wall Street analysts forecast TSAT stock price to rise 22.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$83.69
+22.0% Upside
Current Price
C$68.59
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TSAT's historical volatility
30-Day Vol
137.6%
Annualized
90-Day Vol
109.8%
Annualized
Trend (90d)
+11.4%
Annualized drift
90d Mean
C$71.43
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$69.52 | C$43.25 โ C$111.75 |
| 60 trading days | C$70.47 | C$36.02 โ C$137.88 |
| 90 trading days | C$71.43 | C$31.39 โ C$162.52 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should be aware of Telesat's recent contract wins, particularly the $2.3 billion deal with Canada's Defence Investment Agency, while also keeping an eye on upcoming earnings results that could further influence stock sentiment.
Telesat Corp's stock has surged 73.65% year-to-date.
The stock's performance has been buoyed by contracts and strategic initiatives, positioning Telesat favorably within the Information Technology sector.
Bull case
The recent $2.3 billion contract for Arctic military communications significantly boosts Telesat's revenue potential and highlights its strategic role in government contracts.
Bear case
Despite the recent gains, Telesat's high beta of 2.05 suggests increased volatility, and its negative profit margins and return on equity may raise concerns for risk-averse investors.
Recent Price Action
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Telesat Corp (TSAT.TO) closed at C$66.07, reflecting a slight decline of 0.61% for the day. However, the stock has shown a robust performance over the past week, increasing by 10.38%. Year-to-date, Telesat has surged 73.65%, indicating strong investor interest and market confidence.
Company News and Developments
Telesat recently secured a significant $2.3 billion contract with Canada's Defence Investment Agency for Arctic military communications. This contract is expected to bolster the company's revenue streams and enhance its strategic positioning within the government sector. Additionally, Telesat has scheduled a conference call for August 13, 2026, to discuss its Q2 2026 financial results, which could provide further insights into the company's performance.
Technical Picture
From a technical perspective, Telesat's stock is currently trading above its 50-day moving average of C$62.49, representing a 5.7% premium. The stock is also well above its 200-day moving average of C$55.21, which is a 19.7% increase compared to the current price. The stock has a 52-week trading range of C$32.60 to C$85.50, with the current price at approximately 63% of this range. The stock's beta of 2.05 indicates higher volatility compared to the broader market.
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