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NASDAQ:IRDM

Iridium Communications (IRDM) Stock Price, News & Analysis

Iridium Communications logo
$48.65 +0.44 (+0.91%)
Closing price 04:00 PM Eastern
Extended Trading
$48.46 -0.20 (-0.40%)
As of 06:05 PM Eastern
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About Iridium Communications Stock (NASDAQ:IRDM)

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Key Stats

Today's Range
$48.20
$48.94
50-Day Range
$44.36
$50.20
52-Week Range
$15.65
$57.18
Volume
995,984 shs
Average Volume
2.16 million shs
Market Capitalization
$5.16 billion
P/E Ratio
55.28
Dividend Yield
1.23%
Price Target
$41.20
Consensus Rating
Hold

Company Overview

Iridium Communications Inc. provides global satellite-based voice and data communications services. Its network is designed to support connectivity across land, oceans, airways and polar regions, serving customers in areas where terrestrial communications infrastructure is limited or unavailable.

The company offers satellite phones, broadband and narrowband data services, push-to-talk communications, and Internet of Things connectivity. Its product portfolio includes Iridium Certus broadband services, Iridium GO! satellite Wi-Fi products, satellite phones, specialized IoT services and solutions for asset tracking, monitoring and machine-to-machine communications. Iridium’s services are used by customers in the maritime, aviation, government, defense, emergency response, industrial and outdoor recreation sectors.

Iridium traces its origins to a satellite communications venture launched by Motorola and began commercial service in the late 1990s. After a restructuring, the company’s assets were acquired by investors and reorganized as Iridium Communications. The company completed deployment of its second-generation satellite constellation in 2019 and continues to operate a global low-Earth-orbit network. Iridium is headquartered in McLean, Virginia, and Matt Desch has served as its chief executive officer since 2008.

AI Generated. May Contain Errors.

Iridium Communications Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
76th Percentile Overall Score

IRDM MarketRank™: 

Iridium Communications scored higher than 76% of companies evaluated by MarketBeat, and ranked 55th 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 $41.20, representing about 15.3% downside from its current price of $48.65.

  • Amount of Analyst Coverage

    Iridium Communications has only been the subject of 4 research reports in the past 90 days.

  • 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 55.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.14.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iridium Communications is 55.28, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 23.12.

  • Price to Earnings Growth Ratio

    Iridium Communications has a PEG Ratio of 3.77. 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 11.01. 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

    2.48% 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 2.75, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Iridium Communications has recently decreased by 10.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Iridium Communications pays a meaningful dividend of 1.28%, 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 0.65. 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 0.53 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Iridium Communications this week, compared to 7 articles on an average week.
  • Search Interest

    Only 5 people have searched for IRDM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added Iridium Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Iridium Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,146,390.00 in 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.
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IRDM Stock News Headlines

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See More Headlines

IRDM Stock Analysis - Frequently Asked Questions

Iridium Communications' stock was trading at $17.38 on January 1st, 2026. Since then, IRDM shares have increased by 179.9% and is now trading at $48.65.

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

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%), Van ECK Associates Corp (2.14%), Bank of New York Mellon Corp (1.08%) and Sculptor Capital LP (0.44%). Insiders that own company stock include Matthew J Desch, Robert H Niehaus, Suzanne E Mcbride, Kathleen A Morgan, Timothy James Last, Thomas Fitzpatrick and Timothy Kapalka.
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
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Today
9/22/2026
EGM 2026
9/24/2026
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
975
Year Founded
1991

Price Target and Rating

High Price Target
$60.00
Low Price Target
$16.00
Potential Upside/Downside
-15.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.88
Trailing P/E Ratio
55.28
Forward P/E Ratio
51.21
P/E Growth
3.77
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
$884.17 million
Price / Sales
5.83
Cash Flow
$3.25 per share
Price / Cash Flow
14.97
Book Value
$4.42 per share
Price / Book
11.01

Miscellaneous

Outstanding Shares
105,982,000
Free Float
103,120,000
Market Cap
$5.16 billion
Optionable
Optionable
Beta
0.87

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This page (NASDAQ:IRDM) was last updated on 9/22/2026 by MarketBeat.com Staff.
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