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Iridium Communications (IRDM) Stock Price, News & Analysis

Iridium Communications logo
$41.46 +1.27 (+3.16%)
Closing price 05/8/2026 04:00 PM Eastern
Extended Trading
$41.42 -0.04 (-0.08%)
As of 05/8/2026 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Iridium Communications Stock (NASDAQ:IRDM)

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Key Stats

Today's Range
$39.44
$41.91
50-Day Range
$22.49
$43.41
52-Week Range
$15.65
$44.36
Volume
2.57 million shs
Average Volume
2.67 million shs
Market Capitalization
$4.38 billion
P/E Ratio
41.88
Dividend Yield
1.45%
Price Target
$26.00
Consensus Rating
Hold

Company Overview

Iridium Communications Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

IRDM MarketRank™: 

Iridium Communications scored higher than 81% of companies evaluated by MarketBeat, and ranked 211th out of 623 stocks in the computer and technology 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 2.00, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and 1 sell rating.

  • Downside Risk

    Iridium Communications has a consensus price target of $26.00, representing about 37.3% downside from its current price of $41.46.

  • 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 18.27% in the coming year, from $1.04 to $1.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Iridium Communications is 41.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Iridium Communications is 41.88, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 165.27.

  • Price to Earnings Growth Ratio

    Iridium Communications has a PEG Ratio of 2.74. 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 9.36. 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

    5.28% 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 2.19, 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 0.39%, indicating that investor sentiment is improving.
  • Dividend Yield

    Iridium Communications pays a meaningful dividend of 1.49%, 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 60.61%. 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 48.78% 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 0.94. 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 0.56 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Iridium Communications this week, compared to 5 articles on an average week.
  • Search Interest

    38 people have searched for IRDM on MarketBeat in the last 30 days. This is an increase of 12% compared to the previous 30 days.
  • MarketBeat Follows

    26 people have added Iridium Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 550% 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 $184,909.00 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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Iridium Communications Balances Q1 Headwinds With Growth
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 138.6% and is now trading at $41.46.

Iridium Communications Inc (NASDAQ:IRDM) released its earnings results on Thursday, April, 23rd. The technology company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.07. The company's quarterly revenue was up 2.0% compared to the same quarter last year.
Read the conference call transcript
.

Iridium Communications' Board of Directors approved a share buyback plan on Thursday, September 19th 2024, which permits the company to repurchase $500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 14.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Iridium Communications subsidiaries include 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 investors of Iridium Communications include Dimensional Fund Advisors LP (2.04%), Bank of New York Mellon Corp (1.09%), Sumitomo Mitsui Trust Group Inc. (0.75%) and Amova Asset Management Americas Inc. (0.70%). 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 3/31 Dividend
3/16/2026
Ex-Dividend for 3/31 Dividend
3/16/2026
Dividend Payable
3/31/2026
Last Earnings
4/23/2026
Today
5/08/2026
Next Earnings (Estimated)
7/23/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Satellite Communication
Sub-Industry
Alternative Carriers
Current Symbol
NASDAQ:IRDM
CIK
1418819
Employees
660
Year Founded
1991

Price Target and Rating

High Price Target
$36.00
Low Price Target
$16.00
Potential Upside/Downside
-37.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.99
Trailing P/E Ratio
41.88
Forward P/E Ratio
39.87
P/E Growth
2.74
Net Income
$114.37 million
Net Margins
12.05%
Pretax Margin
15.88%
Return on Equity
22.76%
Return on Assets
4.15%

Debt

Debt-to-Equity Ratio
3.74
Current Ratio
2.85
Quick Ratio
2.21

Sales & Book Value

Annual Sales
$871.66 million
Price / Sales
5.03
Cash Flow
$3.22 per share
Price / Cash Flow
12.86
Book Value
$4.43 per share
Price / Book
9.36

Miscellaneous

Outstanding Shares
105,730,000
Free Float
102,873,000
Market Cap
$4.38 billion
Optionable
Optionable
Beta
0.79

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This page (NASDAQ:IRDM) was last updated on 5/9/2026 by MarketBeat.com Staff.
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