Iridium Communications Appoints New Independent Director

Iridium Communications ( (IRDM) ) just unveiled an announcement.

On December 4, 2025, Iridium Communications Inc. announced the appointment of Louis M. Alterman as an independent director, expanding its Board of Directors to twelve members. Alterman’s extensive experience in leadership roles across the communications and technology sectors is expected to significantly contribute to Iridium’s strategic vision and shareholder value. Additionally, the Board declared a cash dividend of $0.15 per share, payable on December 31, 2025, to stockholders of record as of December 15, 2025.

The most recent analyst rating on (IRDM) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Iridium Communications stock, see the IRDM Stock Forecast page.

Spark’s Take on IRDM Stock

According to Spark, TipRanks’ AI Analyst, IRDM is a Neutral.

Iridium Communications’ overall stock score is driven by solid financial performance and attractive valuation. However, technical indicators suggest bearish momentum, and mixed earnings call sentiment highlights potential challenges. The high leverage and competition in the satellite market are notable risks.

To see Spark’s full report on IRDM stock, click here.

More about Iridium Communications

Iridium Communications Inc. is a leading provider of global voice, data, and PNT satellite services, offering a unique mobile voice and data satellite communications network that spans the entire globe. The company, headquartered in McLean, Virginia, enables real-time connections between people, organizations, and assets worldwide and is listed on the Nasdaq Global Select Market under the ticker symbol IRDM.

Average Trading Volume: 2,968,171

Technical Sentiment Signal: Sell

Current Market Cap: $1.75B

Learn more about IRDM stock on TipRanks’ Stock Analysis page.