- 100 free trades signup offer
- Easy-to-use platform
- Low fees
- Student and young investor discounts
The best satellite stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.
6 popular satellite stocks to watch
We round up a selection of stocks in or related to the space industry, weighting the list more heavily towards popular mid- and large-cap stocks.
- Globalstar (GSAT)
- Iridium Communications (IRDM)
- ViaSat (VSAT)
- EchoStar Corporation (SATS)
- Maxar Technologies (MAXR)
- Gilat Satellite Networks (GILT)
Compare investment accounts that help you research stocks
The satellite stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering satellite stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Our picks for platforms with research tools
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
- 6% cash rebate plus $2,200 in trading perks
- Low transaction fees
- Easy-to-use app
How to invest in satellite stocks
- Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps in Canada.
- Sign up for an account. Provide your personal information and sign up.
- Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
- Choose the stocks you want to buy. Search for the stock by name or ticker symbol like GSAT or IRDM.
- Place your order. Buy the stock. It's that simple.
Learn more about popular satellite stocks
We round up a selection of stocks in or related to the space industry, weighting the list more heavily towards popular mid- and large-cap US stocks.1. Globalstar (GSAT)
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications.
- Previous close price: $2.29
- Market capitalization: $3,955,053,312
- 1 year performance: 55.78%
2. Iridium Communications (IRDM)
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.
- Previous close price: $30.84
- Market capitalization: $3,488,302,592
- 1 year performance: -24.00%
- P/E ratio: 32.2526
3. ViaSat (VSAT)
Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates in three segments: Satellite Services, Commercial Networks, and Government Systems.
- Previous close price: $9.26
- Market capitalization: $1,185,076,608
- 1 year performance: -61.70%
4. EchoStar Corporation (SATS)
EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names.
- Previous close price: $23.30
- Market capitalization: $6,866,543,616
- 1 year performance: 78.68%
5. Maxar Technologies (MAXR)
Maxar Technologies Inc. provides space solutions; and secure, precise, and geospatial intelligence solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through two segments, Earth Intelligence and Space Infrastructure.
- Previous close price: $0.00
- Market capitalization: $4,003,368,448
- 1 year performance: N/A
6. Gilat Satellite Networks (GILT)
Gilat Satellite Networks Ltd. , together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services.
- Previous close price: $6.14
- Market capitalization: $349,229,120
- 1 year performance: -2.69%
- P/E ratio: 21.1207
Buy satellite stocks from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Note: The dollar amounts in the table below are in Canadian dollars.
Bottom line
While it's possible to turn a profit investing in satellite stocks, keep in mind that—like any investment—satellite stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the space industry, so carefully vet your picks before you invest. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.More on investing
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