Iridium Communications (IRDM)
NASDAQ:IRDM
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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 - $53.83
Previous CloseN/A
Volume93.69K
Average Volume (3M)2.23M
Market Cap
$5.28B
Enterprise Value$5.37B
Total Cash (Recent Filing)$111.64M
Total Debt (Recent Filing)$7.97M
Price to Earnings (P/E)50.0
Beta0.76
Next Earnings
Jul 28, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend Yield3.3%
Share Statistics
EPS (TTM)0.99
Shares Outstanding105,727,745
10 Day Avg. Volume2,534,418
30 Day Avg. Volume2,232,116
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 Cap1.02
Enterprise Value/Revenue6.13
Enterprise Value/Gross Profit9.81
Enterprise Value/Ebitda12.20
Forecast
1Y Price Target
$39.20Price Target Upside-6.33% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.12
Revenue Forecast (FY)$883.45M
Bulls Say, Bears Say
Bulls Say
Robust Free Cash Flow GenerationSustained, high operating and free cash flow gives Iridium durable self-funding for satellite upkeep, product launches, dividends and debt paydown. Management's multi‑year FCF targets reinforce capacity to support growth investments and shareholder returns while managing leverage.
Recurring, Diversified Service Revenue BaseA global LEO network delivering subscription voice/data and IoT creates sticky recurring revenue across maritime, aviation, government and industrial customers. Broad end-market exposure and government contracts reduce dependence on any single sector and support long-term revenue resilience.
Strategic Product Pipeline And Aireon AcquisitionBuying the rest of Aireon and rolling out modules (9604), PNT ASIC and NTN Direct materially expands Iridium's addressable aviation, PNT and D2D ecosystems. These structural moves increase recurring data services and analytics revenue potential and strengthen competitive positioning long term.
Bears Say
Elevated Leverage Post-transactionHigher leverage reduces financial flexibility and raises refinancing and interest-rate sensitivity, constraining optionality for capex, acquisitions or buybacks. Even if temporary, leverage near 4x limits downside protection and increases risk during industry cycles or revenue lulls.
PNT Revenue Timing UncertaintyAssured PNT is a strategic growth pillar but delayed customer rollouts and slow early deployments create lumpy, hard-to-forecast revenue. Dependence on scaled OEM adoption means upside is uncertain and timing risk can materially affect multi-year revenue and margin trajectories.
Revenue/margin Volatility In SegmentsSegment swings—commercial broadband declines, equipment cycles and partner pricing changes—drive margin and revenue variability. Such volatility reduces visibility into sustainable margins and can pressure cash conversion and planning for network investment or customer initiatives.
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 $53.83 in the past 12 months.
What is Iridium Communications’s market cap?
Iridium Communications’s market cap is $5.28B.
When is Iridium Communications’s upcoming earnings report date?
Iridium Communications’s upcoming earnings report date is Jul 28, 2026 which is in 45 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 105,727,745 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 1.312%.
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
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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$39.20 (-6.33% Downside)
$39.20 (-6.33% 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 ▲ 0.8%
Last 30 Days ▲ 11.3%
Last 30 Days ▲ 11.3%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
78.29%
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
$39.20
▼(-6.33% Downside)
Technical Analysis
Ownership Overview
3.97% Insiders
16.03% Mutual Funds
14.73% Other Institutional Investors
19.97% Public Companies and Individual Investors