IRDM vs. CCOI, GSAT, PL, GILT, TSAT, SATL, SATS, SKM, TIGO, and WIX
Should you be buying Iridium Communications stock or one of its competitors? The main competitors of Iridium Communications include Cogent Communications (CCOI), Globalstar (GSAT), Planet Labs PBC (PL), Gilat Satellite Networks (GILT), Telesat (TSAT), Satellogic (SATL), EchoStar (SATS), SK Telecom (SKM), Millicom International Cellular (TIGO), and Wix.com (WIX). These companies are all part of the "computer and technology" sector.
Iridium Communications vs. Its Competitors
Cogent Communications (NASDAQ:CCOI) and Iridium Communications (NASDAQ:IRDM) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, analyst recommendations, media sentiment, institutional ownership, dividends, risk and profitability.
92.5% of Cogent Communications shares are held by institutional investors. Comparatively, 84.4% of Iridium Communications shares are held by institutional investors. 11.4% of Cogent Communications shares are held by company insiders. Comparatively, 2.4% of Iridium Communications shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Iridium Communications has lower revenue, but higher earnings than Cogent Communications. Cogent Communications is trading at a lower price-to-earnings ratio than Iridium Communications, indicating that it is currently the more affordable of the two stocks.
Cogent Communications has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500.
Iridium Communications has a net margin of 13.20% compared to Cogent Communications' net margin of -21.57%. Iridium Communications' return on equity of 20.28% beat Cogent Communications' return on equity.
Cogent Communications presently has a consensus target price of $46.60, suggesting a potential upside of 3.33%. Iridium Communications has a consensus target price of $29.67, suggesting a potential upside of 54.27%. Given Iridium Communications' stronger consensus rating and higher possible upside, analysts plainly believe Iridium Communications is more favorable than Cogent Communications.
In the previous week, Cogent Communications had 5 more articles in the media than Iridium Communications. MarketBeat recorded 11 mentions for Cogent Communications and 6 mentions for Iridium Communications. Cogent Communications' average media sentiment score of 0.46 beat Iridium Communications' score of 0.44 indicating that Cogent Communications is being referred to more favorably in the media.
Cogent Communications pays an annual dividend of $4.06 per share and has a dividend yield of 9.0%. Iridium Communications pays an annual dividend of $0.60 per share and has a dividend yield of 3.1%. Cogent Communications pays out -89.4% of its earnings in the form of a dividend. Iridium Communications pays out 60.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cogent Communications has increased its dividend for 14 consecutive years and Iridium Communications has increased its dividend for 1 consecutive years. Cogent Communications is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Iridium Communications beats Cogent Communications on 10 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding IRDM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:IRDM) was last updated on 10/16/2025 by MarketBeat.com Staff