Logo image of IRDM

IRIDIUM COMMUNICATIONS INC (IRDM) Stock Price, Quote, News and Overview

NASDAQ:IRDM - Nasdaq - US46269C1027 - Common Stock - Currency: USD

23.77  -0.06 (-0.25%)

After market: 23.77 0 (0%)

IRDM Quote, Performance and Key Statistics

IRIDIUM COMMUNICATIONS INC

NASDAQ:IRDM (4/17/2025, 8:00:02 PM)

After market: 23.77 0 (0%)

23.77

-0.06 (-0.25%)

Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
GICS IndustryGroupTelecommunication Services
GICS SubIndustryAlternative Carriers
Statistics
52 Week High35.85
52 Week Low22.18
Market Cap2.58B
Shares108.73M
Float95.26M
Yearly Dividend0.56
Dividend Yield2.36%
PE24.76
Fwd PE22.48
Earnings (Next)04-22 2025-04-22/bmo
IPO02-15 2008-02-15


IRDM short term performance overview.The bars show the price performance of IRDM in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -5 -10 -15 -20

IRDM long term performance overview.The bars show the price performance of IRDM in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of IRDM is 23.77 USD. In the past month the price decreased by -13.72%. In the past year, price decreased by -13.25%.

IRIDIUM COMMUNICATIONS INC / IRDM Daily stock chart

IRDM Competitors/Peers

The largest stocks on the US markets in the "Alternative Carriers" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
ASTS AST SPACEMOBILE INC N/A 7.40B
LBTYK LIBERTY GLOBAL LTD-C 7.37 3.84B
LBTYA LIBERTY GLOBAL LTD-A 7.09 3.69B
LBTYB LIBERTY GLOBAL LTD-B 6.76 3.52B
LUMN LUMEN TECHNOLOGIES INC N/A 3.37B
CCOI COGENT COMMUNICATIONS HOLDIN N/A 2.62B
GSAT GLOBALSTAR INC N/A 2.48B
SIFY SIFY TECHNOLOGIES-SPON ADR 6.19 1.82B
LILAK LIBERTY LATIN AMERIC-CL C N/A 1.06B
LILA LIBERTY LATIN AMERIC-CL A N/A 1.06B
TSAT TELESAT CORP N/A 855.72M
ATEX ANTERIX INC N/A 605.66M

About IRDM

Company Profile

IRDM logo image Iridium Communications, Inc. engages in the provision of global satellite communications services and products. The company is headquartered in Mclean, Virginia and currently employs 873 full-time employees. The company went IPO on 2008-02-15. The firm enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. The company provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure.

Company Info

IRIDIUM COMMUNICATIONS INC

Suite 1400, 1750 Tysons Boulevard

McLean VIRGINIA 22102 US

CEO: Matthew J. Desch

Employees: 763

Company Website: https://www.iridium.com/

Investor Relations: https://investor.iridium.com

Phone: 13015716200

IRIDIUM COMMUNICATIONS INC / IRDM FAQ

What is the stock price of IRIDIUM COMMUNICATIONS INC today?

The current stock price of IRDM is 23.77 USD. The price decreased by -0.25% in the last trading session.


What is the ticker symbol for IRIDIUM COMMUNICATIONS INC stock?

The exchange symbol of IRIDIUM COMMUNICATIONS INC is IRDM and it is listed on the Nasdaq exchange.


On which exchange is IRDM stock listed?

IRDM stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for IRIDIUM COMMUNICATIONS INC stock?

14 analysts have analysed IRDM and the average price target is 41.24 USD. This implies a price increase of 73.48% is expected in the next year compared to the current price of 23.77. Check the IRIDIUM COMMUNICATIONS INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is IRIDIUM COMMUNICATIONS INC worth?

IRIDIUM COMMUNICATIONS INC (IRDM) has a market capitalization of 2.58B USD. This makes IRDM a Mid Cap stock.


How many employees does IRIDIUM COMMUNICATIONS INC have?

IRIDIUM COMMUNICATIONS INC (IRDM) currently has 763 employees.


What are the support and resistance levels for IRIDIUM COMMUNICATIONS INC (IRDM) stock?

IRIDIUM COMMUNICATIONS INC (IRDM) has a resistance level at 24.65. Check the full technical report for a detailed analysis of IRDM support and resistance levels.


Is IRIDIUM COMMUNICATIONS INC (IRDM) expected to grow?

The Revenue of IRIDIUM COMMUNICATIONS INC (IRDM) is expected to grow by 6.16% in the next year. Check the estimates tab for more information on the IRDM EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy IRIDIUM COMMUNICATIONS INC (IRDM) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does IRIDIUM COMMUNICATIONS INC (IRDM) stock pay dividends?

IRIDIUM COMMUNICATIONS INC (IRDM) has a dividend yield of 2.36%. The yearly dividend amount is currently 0.56. Check the full fundamental report for a detailed analysis of IRDM dividend history, reliability and sustainability.


When does IRIDIUM COMMUNICATIONS INC (IRDM) report earnings?

IRIDIUM COMMUNICATIONS INC (IRDM) will report earnings on 2025-04-22, before the market open.


What is the Price/Earnings (PE) ratio of IRIDIUM COMMUNICATIONS INC (IRDM)?

The PE ratio for IRIDIUM COMMUNICATIONS INC (IRDM) is 24.76. This is based on the reported non-GAAP earnings per share of 0.96 and the current share price of 23.77 USD. Check the full fundamental report for a full analysis of the valuation metrics for IRDM.


What is the Short Interest ratio of IRIDIUM COMMUNICATIONS INC (IRDM) stock?

The outstanding short interest for IRIDIUM COMMUNICATIONS INC (IRDM) is 10.79% of its float. Check the ownership tab for more information on the IRDM short interest.


IRDM Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

IRDM Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to IRDM. While IRDM has a great profitability rating, there are some minor concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

IRDM Financial Highlights

Over the last trailing twelve months IRDM reported a non-GAAP Earnings per Share(EPS) of 0.96. The EPS increased by 700% compared to the year before.


Industry RankSector Rank
PM (TTM) 13.58%
ROA 4.22%
ROE 19.56%
Debt/Equity 3.05
Chartmill High Growth Momentum
EPS Q2Q%10.34%
Sales Q2Q%9.37%
EPS 1Y (TTM)700%
Revenue 1Y (TTM)5.05%

IRDM Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to IRDM. The Buy consensus is the average rating of analysts ratings from 14 analysts.

For the next year, analysts expect an EPS growth of 10.17% and a revenue growth 6.16% for IRDM


Ownership
Inst Owners91.9%
Ins Owners2.24%
Short Float %10.79%
Short Ratio8.37
Analysts
Analysts80
Price Target41.24 (73.5%)
EPS Next Y10.17%
Revenue Next Year6.16%