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Why Telesat Corp stock is tanking today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:TSAT.TO

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Telesat Corp's stock is under pressure today, reflecting concerns from investors.

Telesat Corp (TSAT.TO) is seeing a notable drop in its stock price, down 1.94% as of the latest updates. This decline raises questions about the company's current performance and future outlook.

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Telesat Corp

TSAT.TO

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TSAT.TO

Telesat Corp

Source:WealthAwesomeWealthAwesome
↑ $1.71 (2.64%)
120 day period
$48.35$66.75$85.14Apr 15Jul 10Oct 5

Market cap

$3.50B

52W high

$85.50

52W low

$32.60

1W change

-0.42%

Beta

2.05

Analyst Price Targets

Based on analyst covering TSAT · as of Sep 17, 2026

📈

Wall Street analysts forecast TSAT stock price to rise 26.0% 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

+26.0% Upside

Current Price

C$66.41

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

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

HistoricalForecast68%95%
C$38.49C$61.33C$84.18C$107.02C$129.86C$152.71TodayMay 28Jul 31Oct 5Nov 17Dec 31Feb 12

30-Day Vol

55.1%

Annualized

90-Day Vol

109.9%

Annualized

Trend (90d)

+40.3%

Annualized drift

90d Mean

C$76.70

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$69.68C$57.60 – C$84.28
60 trading daysC$73.10C$55.86 – C$95.67
90 trading daysC$76.70C$55.16 – C$106.64

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. 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 cautious as Telesat's stock struggles in a tough market, especially after recent financial results that fell short of expectations.

C$62.32

Telesat's stock closed at C$62.32, giving it a market cap of about C$3.3 billion. However, the recent performance shows signs of investor skepticism.

Bull case

Telesat recently landed a $2.3 billion contract with the Canadian Armed Forces, which could significantly boost revenue in the long run.

Bear case

The company has reported major losses in its latest financial results, with a net loss of C$10.89 per share for Q2 2026. This raises concerns about its profitability and operational efficiency.

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Market Reaction to Recent Performance

Telesat's stock has dropped today, falling 1.94% amid investor worries following its recent financial disclosures. The company's Q2 2026 results showed a net loss of C$10.89 per share, a sharp contrast to the profit reported in the same period last year. This decline in profitability has raised eyebrows among investors, leading to today's sell-off.

Future Prospects Amidst Challenges

Despite the current struggles, Telesat has secured a significant contract worth $2.3 billion with Canada's Defence Investment Agency. This deal aims to enhance satellite communications for the Canadian Armed Forces, potentially providing a much-needed revenue boost in the future. However, the immediate market reaction suggests that investors remain skeptical about the company's ability to improve its financial performance.

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Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) 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: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ 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: August 20, 2026
Last Updated: September 22, 2026

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