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IRDM Stock Chart & Stats
$41.85
-$0.71(-2.39%)
At close: 4:00 PM EST
$41.85
-$0.71(-2.39%)
Day’s Range― - ―
52-Week Range$15.65 - $57.18
Previous CloseN/A
Volume93.69K
Average Volume (3M)2.53M
Market Cap
$5.70B
Enterprise Value$6.41B
Total Cash (Recent Filing)$111.64M
Total Debt (Recent Filing)$1.76B
Price to Earnings (P/E)54.3
Beta0.85
Next Earnings
Jul 28, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend Yield3.3%
Share Statistics
EPS (TTM)0.99
Shares Outstanding105,956,270
10 Day Avg. Volume3,140,765
30 Day Avg. Volume2,527,328
Financial Highlights & Ratios
PEG Ratio1.29
Price to Book (P/B)4.03
Price to Sales (P/S)2.14
P/FCF Ratio6.22
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue7.32
Enterprise Value/Gross Profit11.71
Enterprise Value/Ebitda14.57
Forecast
1Y Price Target
$38.00Price Target Upside-9.20% Downside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)1.17
Revenue Forecast (FY)$885.06M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent, high operating cash flow and sizable free cash flow support durable funding for network maintenance, product rollouts, dividends and M&A. Strong cash conversion (FCF ~75% of net income) underpins long-term financial flexibility despite periodic lumpiness.
Multi-year Revenue & MarginsSustained multi-year revenue growth and materially improved operating margins indicate the business model's recurring subscription mix and pricing power are working. Margin durability across core services supports long-term free cash flow and reinvestment capacity.
Strategic M&A And Vertical IntegrationThe Rocket Lab transaction and earlier Aireon acquisition are structural: they add spectrum, avionics data, and manufacturing/launch integration. Vertical synergies and ownership of Aireon improve control of cost, service delivery and speed to market for IoT/PNT offerings.
Bears Say
Elevated LeverageMaterially higher leverage reduces strategic flexibility and raises refinancing and interest-rate sensitivity. Elevated net leverage near ~3.4–4.0x constrains the company's ability to fund capex, pursue opportunistic M&A or rapidly de-lever without diverting FCF.
PNT Revenue Timing RiskWhile PNT is a high-potential growth pillar, the unclear timing of major contract rollouts makes future revenue lumpy. Dependence on a few large PNT wins increases forecasting risk and could delay returns on ASIC and NTN investments if deployments slip.
Operational Volatility & Broadband WeaknessDeclines in OEBITDA and commercial broadband, plus SG&A volatility, signal pressures from customer migrations and cost timing. These operational swings can compress margins and introduce variability to free cash flow, complicating capital allocation over the medium term.
Iridium Communications News
IRDM FAQ
What was Iridium Communications’s price range in the past 12 months?
Iridium Communications lowest stock price was $15.64 and its highest was $57.18 in the past 12 months.
What is Iridium Communications’s market cap?
Iridium Communications’s market cap is $5.70B.
When is Iridium Communications’s upcoming earnings report date?
Iridium Communications’s upcoming earnings report date is Jul 28, 2026 which is in 21 days.
How were Iridium Communications’s earnings last quarter?
Iridium Communications released its earnings results on Apr 23, 2026. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.278 by -$0.078.
Is Iridium Communications overvalued?
According to Wall Street analysts Iridium Communications’s price is currently Overvalued.
Does Iridium Communications pay dividends?
Iridium Communications pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 3.3%. See more information on Iridium Communications dividends here
What is Iridium Communications’s EPS estimate?
Iridium Communications’s EPS estimate is 0.28.
How many shares outstanding does Iridium Communications have?
Iridium Communications has 105,956,270 shares outstanding.
What happened to Iridium Communications’s price movement after its last earnings report?
Iridium Communications reported an EPS of $0.2 in its last earnings report, missing expectations of $0.278. Following the earnings report the stock price went up 1.314%.
Which hedge fund is a major shareholder of Iridium Communications?
Currently, no hedge funds are holding shares in IRDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Iridium Communications Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$38.00 (-9.20% Downside)
$38.00 (-9.20% Downside)
Blogger Sentiment
Bullish
IRDM Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.97%
12-Months-Change
Fundamentals
Return on Equity
22.76%
Trailing 12-Months
Asset Growth
-2.99%
Trailing 12-Months
Company Description
Iridium Communications
Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.
IRDM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally positive outlook driven by steady top-line growth (service revenue +2%), strong product pipeline momentum (Iridium 9604, PNT ASIC, NTN Direct) and improving ARPU in voice and data (+7%). Management reaffirmed full-year guidance, highlighted robust engineering and government revenue growth, and projected meaningful free cash flow over the decade. Headwinds include a 5% decline in Q1 OEBITDA (partly driven by a one-time compensation accounting change with a $17M FY impact), a 5% decline in commercial broadband, higher Q1 SG&A, and uncertainty on the timing of large PNT contract revenue. Overall, the positives — recurring revenue growth, product/standards progress, and cash flow outlook — outweigh the near-term operational and timing challenges.View all IRDM earnings summariesIRDM Revenue Breakdown
54.57% U.S.
45.43% Other
IRDM Stock 12 Month Forecast
Average Price Target
$38.00
▼(-9.20% Downside)
Technical Analysis
Ownership Overview
3.96% Insiders
16.03% Mutual Funds
<0.01% Other Institutional Investors
40.46% Public Companies and Individual Investors