Iridium Communications Inc. (IRDM)

US — Communication Services Sector
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Key Metrics & Ratings

  • symbol IRDM
  • Rev/Share 7.6687
  • Book/Share 4.7235
  • PB 5.4134
  • Debt/Equity 3.4854
  • CurrentRatio 1.9855
  • ROIC 0.0768

 

  • MktCap 2765651200.0
  • FreeCF/Share 2.6033
  • PFCF 9.679
  • PE 22.7186
  • Debt/Assets 0.6922
  • DivYield 0.0219
  • ROE 0.1941

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation IRDM Oppenheimer -- Outperform -- $34 May 5, 2025
Upgrade IRDM William Blair Market Perform Outperform -- -- April 22, 2025
Initiation IRDM Cantor Fitzgerald -- Overweight -- $40 Jan. 24, 2025

News

Iridium Partners Syniverse to Power Global D2D Satellite Connectivity
IRDM
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Positive

IRDM collaborates with Syniverse to launch and scale Iridium NTN Direct, extending mobile network coverage globally.

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image for news Iridium Partners Syniverse to Power Global D2D Satellite Connectivity
Iridium (IRDM) Up 17.3% Since Last Earnings Report: Can It Continue?
IRDM
Published: May 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?

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image for news Iridium (IRDM) Up 17.3% Since Last Earnings Report: Can It Continue?
3 Stocks to Watch From the Satellite and Communication Industry
GILT, GSAT, IRDM
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

Macro uncertainty remains a concern for the Zacks Satellite and Communication industry participants like IRDM, GSAT and GILT. Growing global connectivity needs could drive prospects in the long term.

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image for news 3 Stocks to Watch From the Satellite and Communication Industry
Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users
IRDM
Published: May 06, 2025 by: PRNewsWire
Sentiment: Neutral

MCLEAN, Va. , May 6, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government version of the Iridium® 9603 module built for Enhanced Short Burst Data (ESBD).

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image for news Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users
Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade
IRDM
Published: May 05, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 52.3% upside potential for Iridium (IRDM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade
Buy These Top-Ranked 5 Stocks to Play an Earnings Beat
AFRM, FOXA, HSTM, IRDM, NEM
Published: May 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Top-ranked stocks Fox (FOXA), Newmont (NEM), Affirm (AFRM), HealthStream (HSTM)) and Iridium Communications (IRDM) are likely to beat on the bottom line in their upcoming releases.

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image for news Buy These Top-Ranked 5 Stocks to Play an Earnings Beat
Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)
IRDM
Published: April 29, 2025 by: Seeking Alpha
Sentiment: Positive

Iridium Communications' stock has dropped 27.9% since February, presenting a buying opportunity despite broader market declines and economic concerns. The company reported solid revenue growth, with commercial service revenue increasing and IoT data revenue seeing significant gains. Management expects continued growth, targeting $1 billion in annual service revenue by 2030, with projected annualized upside of 17.9% to 25%.

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image for news Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)
Here's Why Iridium Communications (IRDM) is a Strong Value Stock
IRDM
Published: April 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Iridium Communications (IRDM) is a Strong Value Stock
Iridium Communications Inc. (IRDM) Q1 2025 Earnings Call Transcript
IRDM
Published: April 22, 2025 by: Seeking Alpha
Sentiment: Neutral

Iridium Communications Inc. (NASDAQ:IRDM ) Q1 2025 Results Conference Call April 22, 2025 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Officer Vince O'Neill - Chief Financial Officer Conference Call Participants Ric Prentiss - Raymond James Edison Yu - Deutsche Bank Colin Canfield - Cantor Hamed Khorsand - BWS Financial Chris Quilty - Quilty Space Matthew Robillard - Barclays Louie DiPalma - William Blair Operator Good day, and welcome to the Iridium Communications First Quarter Conference Call. All participants will be in listen-only mode.

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image for news Iridium Communications Inc. (IRDM) Q1 2025 Earnings Call Transcript
Compared to Estimates, Iridium (IRDM) Q1 Earnings: A Look at Key Metrics
IRDM
Published: April 22, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Iridium (IRDM) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Compared to Estimates, Iridium (IRDM) Q1 Earnings: A Look at Key Metrics
Iridium Announces First Quarter 2025 Results
IRDM
Published: April 22, 2025 by: PRNewsWire
Sentiment: Neutral

MCLEAN, Va. , April 22, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2025 and reiterated its full-year 2025 outlook.

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image for news Iridium Announces First Quarter 2025 Results
All You Need to Know About Iridium (IRDM) Rating Upgrade to Buy
IRDM
Published: April 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Iridium (IRDM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news All You Need to Know About Iridium (IRDM) Rating Upgrade to Buy
3 Stocks That Cathie Wood Is Buying During the Stock Market Sell-Off
BIDU, IRDM, NVDA
Published: April 08, 2025 by: The Motley Fool
Sentiment: Neutral

There is opportunity in the volatility. Cathie Wood is a widely watched growth investor who has steered her Ark Invest family of exchange-traded funds to success when equity prices are rising.

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image for news 3 Stocks That Cathie Wood Is Buying During the Stock Market Sell-Off
Why Iridium Communications (IRDM) is a Top Value Stock for the Long-Term
IRDM
Published: April 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Iridium Communications (IRDM) is a Top Value Stock for the Long-Term
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
IRDM, NTLA, TSLA
Published: March 21, 2025 by: The Motley Fool
Sentiment: Positive

The last few weeks of cascading share prices may be troublesome to most investors, but Cathie Wood doesn't mind buying during the deluge. The co-founder, CEO, and investment manager at Ark Invest has been more active lately in buying shares for her high-octane growth exchange-traded funds.

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image for news Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Buy These 5 Top-Ranked Stocks to Play Likely Earnings Beat
ATGE, BMRN, DOCS, IRDM, LTH
Published: March 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Top-ranked stocks Doximity (DOCS), Life Time Group Holdings (LTH), Adtalem Global Education (ATGE), BioMarin Pharmaceutical (BMRN) and Iridium Communications (IRDM) are likely to beat on the bottom line in their upcoming releases.

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image for news Buy These 5 Top-Ranked Stocks to Play Likely Earnings Beat
Does Iridium (IRDM) Have the Potential to Rally 35.92% as Wall Street Analysts Expect?
IRDM
Published: March 05, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 35.9% in Iridium (IRDM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Does Iridium (IRDM) Have the Potential to Rally 35.92% as Wall Street Analysts Expect?
Iridium to Participate in Investor Conferences
IRDM
Published: February 26, 2025 by: PRNewsWire
Sentiment: Neutral

MCLEAN, Va. , Feb. 26, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company executives would participate in two investor conferences: The Raymond James 46th Annual Institutional Investors Conference on Monday, March 3, 2025 at 11:35 a.m.

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image for news Iridium to Participate in Investor Conferences
Wall Street Analysts Predict a 28.04% Upside in Iridium (IRDM): Here's What You Should Know
IRDM
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 28% upside potential for Iridium (IRDM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Read More
image for news Wall Street Analysts Predict a 28.04% Upside in Iridium (IRDM): Here's What You Should Know
Iridium's Q4 Earnings Top Estimates, Shares Soar 15% on Higher Revenues
IRDM
Published: February 14, 2025 by: Zacks Investment Research
Sentiment: Positive

IRDM reports strong Q4 results, with a steady increase in service revenues and a growing subscriber base. It also issues a full-year 2025 and long-term target.

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image for news Iridium's Q4 Earnings Top Estimates, Shares Soar 15% on Higher Revenues
Iridium Communications Soars (And Deserves To Climb More) After Strong Q4 Results
IRDM
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Positive

Iridium Communications Inc.'s Q4 2024 results exceeded expectations, with revenue up 9.4% year-over-year and favorable 2025 guidance, driving a 15% stock surge. The company continues to generate significant cash flows, with stable operations and potential margin expansion, justifying a continued “buy” rating. Iridium's strong performance is driven by increased billable subscribers and robust cash flow, despite mixed profitability metrics and slight declines in net profits.

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image for news Iridium Communications Soars (And Deserves To Climb More) After Strong Q4 Results
Iridium Communications Inc. (IRDM) Q4 2024 Earnings Call Transcript
IRDM
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Iridium Communications Inc. (NASDAQ:IRDM ) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Officer of Iridium Communications Inc. Vincent O'Neill - CFO Conference Call Participants Edison Yu - Deutsche Bank Simon Flannery - Morgan Stanley Chris Quilty - Quilty Space Ric Prentiss - Raymond James Hamed Khorsand - BWS Colin Canfield - Cantor Walter Piecyk - LightShed Ventures Greg Mesniaeff - Kingswood Capital Partners Mathieu Robilliard - Barclays Operator Good day and welcome to the Iridium's Communications 2024 Fourth Quarter Earnings Conference Call. …

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image for news Iridium Communications Inc. (IRDM) Q4 2024 Earnings Call Transcript
Iridium Announces 2024 Results, Issues 2025 Outlook
IRDM
Published: February 13, 2025 by: PRNewsWire
Sentiment: Neutral

Returned a record $469 million to shareholders in 2024 MCLEAN, Va. , Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance.

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image for news Iridium Announces 2024 Results, Issues 2025 Outlook

About Iridium Communications Inc. (IRDM)

  • IPO Date 2008-03-20
  • Website https://www.iridium.com
  • Industry Telecommunications Services
  • CEO Mr. Matthew J. Desch
  • Employees 873

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. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.