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Iridium Communications (IRDM) Competitors

Iridium Communications logo
$18.47 +0.51 (+2.86%)
As of 01:55 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

IRDM vs. CCOI, GSAT, PL, GILT, SATL, TSAT, SATS, CACI, PCOR, and KT

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), Satellogic (SATL), Telesat (TSAT), EchoStar (SATS), CACI International (CACI), Procore Technologies (PCOR), and KT (KT). 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 small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.

Cogent Communications currently has a consensus price target of $46.60, indicating a potential upside of 28.48%. Iridium Communications has a consensus price target of $30.67, indicating a potential upside of 66.71%. Given Iridium Communications' stronger consensus rating and higher probable upside, analysts clearly believe Iridium Communications is more favorable than Cogent Communications.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cogent Communications
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Iridium Communications
1 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.71

92.5% of Cogent Communications shares are owned by institutional investors. Comparatively, 84.4% of Iridium Communications shares are owned by institutional investors. 11.4% of Cogent Communications shares are owned by company insiders. Comparatively, 2.4% of Iridium Communications shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Cogent Communications pays an annual dividend of $4.06 per share and has a dividend yield of 11.2%. Iridium Communications pays an annual dividend of $0.56 per share and has a dividend yield of 3.0%. Cogent Communications pays out -89.4% of its earnings in the form of a dividend. Iridium Communications pays out 56.6% 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.

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 has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, Iridium Communications has a beta of 0.78, indicating that its share price is 22% less volatile than the S&P 500.

In the previous week, Iridium Communications had 8 more articles in the media than Cogent Communications. MarketBeat recorded 22 mentions for Iridium Communications and 14 mentions for Cogent Communications. Cogent Communications' average media sentiment score of 1.11 beat Iridium Communications' score of 0.75 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
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Iridium Communications
9 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

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$1.04B1.72-$204.07M-$4.54-7.99
Iridium Communications$830.68M2.35$112.78M$0.9918.58

Summary

Iridium Communications beats Cogent Communications on 11 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.
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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.
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IRDM vs. The Competition

MetricIridium CommunicationsSatellite Communication IndustryComputer SectorNASDAQ Exchange
Market Cap$1.95B$4.03B$31.30B$10.13B
Dividend Yield2.92%2.92%3.17%4.57%
P/E Ratio18.5411.64440.7126.28
Price / Sales2.358.751,833.40119.20
Price / Cash6.8623.3036.5859.95
Price / Book3.633.637.246.26
Net Income$112.78M-$155.60M$807.55M$270.61M
7 Day Performance-25.28%7.05%3.10%3.90%
1 Month Performance-22.58%25.43%5.86%8.21%
1 Year Performance-32.12%145.43%24,173.75%28.14%

Iridium Communications Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRDM
Iridium Communications
4.9436 of 5 stars
$18.41
+2.5%
$30.67
+66.6%
-32.4%$1.95B$830.68M18.53660Trending News
Analyst Downgrade
High Trading Volume
CCOI
Cogent Communications
4.6867 of 5 stars
$38.23
+1.9%
$51.00
+33.4%
-50.9%$1.88B$1.04B-8.421,080Positive News
GSAT
Globalstar
0.4612 of 5 stars
$29.93
+4.1%
N/AN/A$3.79B$260.66M-66.51330News Coverage
Options Volume
Gap Up
PL
Planet Labs PBC
1.4986 of 5 stars
$7.10
-1.6%
$6.86
-3.3%
+370.8%$2.15B$250.18M-19.71800Trending News
Earnings Report
Analyst Forecast
Options Volume
Gap Up
GILT
Gilat Satellite Networks
2.4689 of 5 stars
$9.41
-1.6%
$11.00
+16.9%
+141.9%$538.35M$305.45M24.131,118Options Volume
SATL
Satellogic
N/A$3.73
+3.0%
N/A+254.0%$393.78M$12.87M0.00330
TSAT
Telesat
0.6349 of 5 stars
$20.73
-1.0%
N/A+91.5%$282.76M$416.79M-3.94470Positive News
SATS
EchoStar
1.2786 of 5 stars
$61.79
+8.5%
$49.90
-19.2%
+271.6%$17.78B$15.83B-58.8513,700Trending News
Analyst Forecast
Insider Trade
High Trading Volume
CACI
CACI International
3.4624 of 5 stars
$479.43
-0.1%
$549.69
+14.7%
+3.1%$10.54B$8.63B21.4525,000News Coverage
PCOR
Procore Technologies
3.6505 of 5 stars
$69.55
-0.5%
$83.06
+19.4%
+28.8%$10.45B$1.23B-72.454,203Positive News
KT
KT
4.0454 of 5 stars
$20.25
-0.9%
N/A+29.0%$10.44B$19.37B22.0116,927Trending News
Earnings Report
Short Interest ↑

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This page (NASDAQ:IRDM) was last updated on 9/11/2025 by MarketBeat.com Staff
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