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NASDAQ:IRDM

Iridium Communications (IRDM) Stock Price, News & Analysis

Iridium Communications logo
$50.20 +0.55 (+1.10%)
As of 01:46 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Iridium Communications Stock (NASDAQ:IRDM)

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Key Stats

Today's Range
$48.77
$50.64
50-Day Range
$41.84
$55.72
52-Week Range
$15.65
$57.18
Volume
809,703 shs
Average Volume
2.35 million shs
Market Capitalization
$5.32 billion
P/E Ratio
57.03
Dividend Yield
1.20%
Price Target
$38.67
Consensus Rating
Hold

Company Overview

Iridium Communications Inc. operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).

Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise. Its maritime solutions support vessel tracking, crew welfare and safety communications, while aviation customers rely on Iridium for flight tracking, cockpit voice and data links. Government and defense entities use Iridium for mission-critical communications and disaster response, and commercial enterprises deploy IoT endpoints to monitor remote assets, track cargo and enhance field operations.

The company traces its origins to Motorola’s Iridium project in the late 1990s and emerged from bankruptcy protection in 2000 with a restructured balance sheet and renewed focus on specialized connectivity. In the mid-2010s, Iridium completed the Iridium NEXT satellite replacement program, fully modernizing its constellation to support higher bandwidth and future growth. The upgraded network architecture also paved the way for strategic investments in aviation safety services and real-time aircraft surveillance.

Headquartered in McLean, Virginia, Iridium Communications is led by Chief Executive Officer Matt Desch, who has overseen the company’s transformation and expansion of service offerings since 2011. Leveraging its polar-orbiting satellite fleet, Iridium provides seamless global coverage, enabling customers in remote and underserved regions to maintain critical communications around the clock.

AI Generated. May Contain Errors.

Iridium Communications Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
65th Percentile Overall Score

IRDM MarketRank™: 

Iridium Communications scored higher than 65% of companies evaluated by MarketBeat, and ranked 106th out of 244 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Iridium Communications has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 3 buy ratings, 4 hold ratings, and 1 sell rating.

  • Downside Risk

    Iridium Communications has a consensus price target of $38.67, representing about 23.0% downside from its current price of $50.21.

  • Amount of Analyst Coverage

    Iridium Communications has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Iridium Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Iridium Communications are expected to grow by 32.63% in the coming year, from $0.95 to $1.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Iridium Communications is 57.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iridium Communications is 57.05, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 21.32.

  • Price to Earnings Growth Ratio

    Iridium Communications has a PEG Ratio of 3.98. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Iridium Communications has a P/B Ratio of 11.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Iridium Communications' valuation and earnings.
  • Percentage of Shares Shorted

    3.35% of the float of Iridium Communications has been sold short.
  • Short Interest Ratio / Days to Cover

    Iridium Communications has a short interest ratio ("days to cover") of 2.21, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Iridium Communications has recently increased by 22.35%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Iridium Communications pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Iridium Communications has only been increasing its dividend for 1 years.

  • Dividend Coverage

    The dividend payout ratio of Iridium Communications is 68.18%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Iridium Communications will have a dividend payout ratio of 47.62% next year. This indicates that Iridium Communications will be able to sustain or increase its dividend.

  • Read more about Iridium Communications' dividend.
  • News Sentiment

    Iridium Communications has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Iridium Communications this week, compared to 7 articles on an average week.
  • Search Interest

    Only 12 people have searched for IRDM on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Iridium Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 70% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Iridium Communications insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    2.70% of the stock of Iridium Communications is held by insiders.

  • Percentage Held by Institutions

    84.36% of the stock of Iridium Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Iridium Communications' insider trading history.

IRDM Stock News Headlines

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IRDM Stock Analysis - Frequently Asked Questions

Iridium Communications' stock was trading at $17.38 at the beginning of 2026. Since then, IRDM stock has increased by 188.9% and is now trading at $50.21.

Iridium Communications Inc (NASDAQ:IRDM) released its earnings results on Wednesday, July, 22nd. The technology company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.19. The company's revenue was up 3.8% on a year-over-year basis.

Iridium Communications' board authorized a share repurchase program on Thursday, September 19th 2024, which allows the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could buy up to 14.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Iridium Communications subsidiaries include these companies: Iridium Holdings LLC, Iridium Blocker-B Inc., Iridium Carrier Holdings LLC, Iridium Carrier Services LLC, Iridium Chile SpA, Iridium Constellation LLC, Iridium Government Services LLC, and more.

Top institutional shareholders of Iridium Communications include BlackRock Inc. (12.69%), Bank of New York Mellon Corp (1.08%), Mitsubishi UFJ Asset Management Co. Ltd. (0.31%) and Ieq Capital LLC (0.29%). Insiders that own company stock include Matthew J Desch, Robert H Niehaus, Thomas Fitzpatrick, Suzanne E Mcbride, Timothy Kapalka and Timothy James Last.
View institutional ownership trends
.

Shares of IRDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Iridium Communications investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Record date for 6/30 Dividend
6/15/2026
Ex-Dividend for 6/30 Dividend
6/15/2026
Dividend Payable
6/30/2026
Last Earnings
7/22/2026
Today
8/13/2026
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Dividend Payable
9/30/2026
Next Earnings (Estimated)
10/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Diversified Telecommunication Services
Sub-Industry
Alternative Carriers
Current Symbol
NASDAQ:IRDM
CIK
1418819
Employees
660
Year Founded
1991

Price Target and Rating

High Price Target
$60.00
Low Price Target
$16.00
Potential Upside/Downside
-23.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.88
Trailing P/E Ratio
57.03
Forward P/E Ratio
52.87
P/E Growth
3.98
Net Income
$114.37 million
Net Margins
10.55%
Pretax Margin
14.34%
Return on Equity
22.57%
Return on Assets
4.11%

Debt

Debt-to-Equity Ratio
3.70
Current Ratio
2.78
Quick Ratio
2.31

Sales & Book Value

Annual Sales
$871.66 million
Price / Sales
6.11
Cash Flow
$3.18 per share
Price / Cash Flow
15.80
Book Value
$4.46 per share
Price / Book
11.26

Miscellaneous

Outstanding Shares
105,960,000
Free Float
103,099,000
Market Cap
$5.32 billion
Optionable
Optionable
Beta
0.88

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This page (NASDAQ:IRDM) was last updated on 8/13/2026 by MarketBeat.com Staff.
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