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Why Telesat Corp stock is rising today

By Wealth Awesome -

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Telesat Corp's stock is on the upswing, reflecting investor optimism amid strategic developments.

Telesat Corp (TSAT.TO) is rising today, gaining 4.43% to close at CA$64.89. This uptick comes as investors respond positively to the company's recent milestones and market positioning.

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Telesat Corp

TSAT.TO

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TSAT.TO

Telesat Corp

Source:WealthAwesomeWealthAwesome
โ†‘ $4.02 (6.92%)
120 day period
$46.73$65.94$85.14Mar 17Jun 11Sep 4

Market cap

$3.19B

52W high

$85.50

52W low

$28.90

1W change

+3.48%

Beta

2.05

Analyst Price Targets

Based on analyst covering TSAT

๐Ÿ“ˆ

Wall Street analysts forecast TSAT stock price to rise 34.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$83.69

+34.7% Upside

Current Price

C$62.14

Last close

Compare analyst targets across the TSX & TSXV โ†’

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on TSAT's historical volatility

HistoricalForecast68%95%
C$11.40C$79.95C$148.50C$217.05C$285.60C$354.15TodayApr 29Jul 3Sep 4Oct 17Nov 30Jan 12

30-Day Vol

141.2%

Annualized

90-Day Vol

110.7%

Annualized

Trend (90d)

+6.3%

Annualized drift

90d Mean

C$63.56

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$62.61C$38.46 โ€“ C$101.93
60 trading daysC$63.08C$31.67 โ€“ C$125.67
90 trading daysC$63.56C$27.33 โ€“ C$147.83

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: With a significant contract win and positive analyst ratings, Telesat's stock performance indicates growing investor confidence in its strategic direction.

Telesat Corp's stock rises 4.43% today

The market cap of Telesat stands at approximately CA$3.19 billion, reflecting its growing stature in the satellite communications industry.

Bull case

Telesat recently secured a $2.3 billion contract with Canada's Defence Investment Agency, positioning the company as a key player in military communications. This contract could drive future revenue growth, enhancing Telesat's role in national defense, which is increasingly important in today's geopolitical climate.

Bear case

Despite the positive momentum, Telesat's recent financial results show a net loss of C$10.89 per share for Q2 2026. This raises concerns about its profitability and long-term financial health, especially as revenues have declined compared to the previous year.

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Recent Developments Boost Investor Confidence

Telesat's recent contract win has significantly bolstered investor sentiment. This deal not only improves Telesat's revenue prospects but also solidifies its role in national defense.

Analyst Ratings Point to Potential Upside

RBC Capital's initiation of coverage with an Outperform rating and a C$95 price target highlights optimism surrounding Telesat's growth potential. This endorsement reflects confidence in the company's strategic initiatives and market positioning, further driving the stock's upward momentum.

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Wealth Awesome
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Wealth Awesome

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โœ… Reviewed by Certified Financial Professionals

This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

๐Ÿ“Š Data AccuracyVerified sources
๐Ÿ‡จ๐Ÿ‡ฆ Canadian FocusLocal expertise
๐Ÿ” Fact-CheckedEditorial review

โš ๏ธ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 8, 2026
Last Updated: September 8, 2026
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