Iridium Communications
IRDM
About: Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.
Employees: 881
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
9% more capital invested
Capital invested by funds: $2.82B [Q1] → $3.06B (+$241M) [Q2]
1.05% less ownership
Funds ownership: 94.86% [Q1] → 93.8% (-1.05%) [Q2]
7% less funds holding
Funds holding: 348 [Q1] → 325 (-23) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 143
30% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 67
36% less call options, than puts
Call options by funds: $18.4M | Put options by funds: $28.7M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
|
Raymond James
Ric Prentiss
|
$26
|
Outperform
Downgraded
|
11 Sep 2025 |
|
BWS Financial
Hamed Khorsand
|
$16
|
Sell
Downgraded
|
9 Sep 2025 |
|
Morgan Stanley
Landon Park
|
$37
|
Overweight
Maintained
|
1 Aug 2025 |
|
Barclays
Mathieu Robilliard
|
$31
|
Overweight
Maintained
|
28 Jul 2025 |
Financial journalist opinion
