Iridium Communications Expands Board with New Appointment

The latest announcement is out from Iridium Communications ( (IRDM) ).

On June 17, 2025, Iridium Communications Inc. announced the appointment of Monique S. Shivanandan to its Board of Directors, expanding the board to eleven members. Shivanandan, an independent director, brings extensive experience from senior roles in cybersecurity and telecommunications, and will serve on the Compensation Committee. Her appointment is expected to enhance Iridium’s strategic capabilities, leveraging her expertise in data analytics and information security to strengthen the company’s industry positioning.

The most recent analyst rating on (IRDM) stock is a Buy with a $38.00 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 Outperform.

Iridium Communications scores 78, driven by its strong financial performance and positive earnings call outlook, though tempered by valuation concerns and potential tariff impacts. The stock’s technical indicators suggest current overbought conditions, warranting cautious optimism.

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 and data satellite communications, offering a unique mobile network that covers the entire globe. The company enables real-time connections for people, organizations, and assets worldwide, delivering a portfolio of reliable solutions for markets that require global communications. Headquartered in McLean, Virginia, Iridium’s common stock is traded on the Nasdaq Global Select Market under the ticker symbol IRDM.

Average Trading Volume: 1,318,988

Technical Sentiment Signal: Buy

Current Market Cap: $3.18B

See more insights into IRDM stock on TipRanks’ Stock Analysis page.