Free Trial

Iridium Communications (IRDM) Competitors

Iridium Communications logo
$19.22 -0.01 (-0.07%)
As of 10:12 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cogent Communications$1.04B2.14-$204.07M-$4.54-9.93
Iridium Communications$857.55M2.38$112.78M$0.9919.42

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.

Company Net Margins Return on Equity Return on Assets
Cogent Communications-21.57% -117.56% -6.78%
Iridium Communications 13.20%20.28%4.27%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cogent Communications
2 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Iridium Communications
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cogent Communications
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Iridium Communications
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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.

Get Iridium Communications News Delivered to You Automatically

Sign up to receive the latest news and ratings for IRDM and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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 Chart

Media 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.
Skip Chart

IRDM vs. The Competition

MetricIridium CommunicationsSatellite Communication IndustryComputer SectorNASDAQ Exchange
Market Cap$2.02B$4.09B$32.41B$10.45B
Dividend Yield3.19%3.19%3.19%4.78%
P/E Ratio19.4214.14492.2627.36
Price / Sales2.389.801,537.95198.22
Price / Cash6.8026.7037.7961.86
Price / Book3.794.987.766.81
Net Income$112.78M-$155.60M$820.59M$276.80M
7 Day Performance-2.48%-0.80%0.20%0.42%
1 Month Performance5.89%19.74%6.51%7.86%
1 Year Performance-36.32%178.68%23,961.14%41.24%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.868 of 5 stars
$19.22
-0.1%
$29.67
+54.4%
-36.0%$2.04B$857.55M19.44660Upcoming Earnings
CCOI
Cogent Communications
3.7316 of 5 stars
$42.80
+2.7%
$46.60
+8.9%
-45.0%$2.11B$1.00B-9.431,916Analyst Downgrade
GSAT
Globalstar
0.8753 of 5 stars
$44.74
+6.2%
N/AN/A$5.67B$250.35M-99.42330Gap Up
High Trading Volume
PL
Planet Labs PBC
1.5248 of 5 stars
$15.24
-0.5%
$8.56
-43.8%
+567.5%$4.69B$244.35M-50.80800Insider Trade
High Trading Volume
GILT
Gilat Satellite Networks
1.9222 of 5 stars
$14.20
+5.4%
$11.00
-22.5%
+194.5%$812.41M$349.75M36.411,118Gap Up
High Trading Volume
TSAT
Telesat
0.6771 of 5 stars
$30.80
+3.2%
N/A+161.8%$420.14M$489.29M-5.86470High Trading Volume
SATL
Satellogic
N/A$3.77
+7.7%
N/A+320.7%$397.99M$13.87M0.00330
SATS
EchoStar
1.5804 of 5 stars
$76.78
-0.4%
$75.20
-2.1%
+190.2%$22.09B$15.45B-73.1213,700Analyst Upgrade
SKM
SK Telecom
2.5631 of 5 stars
$21.47
-0.9%
N/A-7.0%$8.46B$17.84T11.0124,224Positive News
TIGO
Millicom International Cellular
3.6692 of 5 stars
$48.47
+0.7%
$42.02
-13.3%
+71.5%$8.34B$5.61B8.5514,000
WIX
Wix.com
4.6219 of 5 stars
$146.15
-3.7%
$215.37
+47.4%
-18.6%$8.20B$1.87B52.014,568High Trading Volume

Related Companies and Tools


This page (NASDAQ:IRDM) was last updated on 10/16/2025 by MarketBeat.com Staff
From Our Partners