Iridium Communications Inc. (IRDM)

US — Communication Services Sector
Peers: IDCC  CCOI  GSAT  CABO  KTOS  TRMB  MTLS  PRLB 

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Key Metrics & Ratings

  • symbol IRDM
  • Rev/Share 7.954
  • Book/Share 4.3929
  • PB 5.568
  • Debt/Equity 0.0
  • CurrentRatio 2.5087
  • ROIC 0.087

 

  • MktCap 2595548440.0
  • FreeCF/Share 3.0235
  • PFCF 7.9625
  • PE 23.3028
  • Debt/Assets 0.0
  • DivYield 0.0229
  • ROE 0.2028

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • 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

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.

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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 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.