IRDM icon

Iridium Communications

25.23 USD
-0.22
0.86%
At close May 19, 4:00 PM EDT
After hours
25.23
+0.00
0.00%
1 day
-0.86%
5 days
-6.21%
1 month
8.75%
3 months
-22.75%
6 months
-7.65%
Year to date
-14.68%
1 year
-19.75%
5 years
15.26%
10 years
145.19%
 

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

0
Funds holding %
of 7,202 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

31% more call options, than puts

Call options by funds: $12.7M | Put options by funds: $9.7M

12% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 117

11% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 46

6.06% more ownership

Funds ownership: 87.93% [Q4 2024] → 93.99% (+6.06%) [Q1 2025]

4% less capital invested

Capital invested by funds: $2.91B [Q4 2024] → $2.79B (-$111M) [Q1 2025]

1% less funds holding

Funds holding: 345 [Q4 2024] → 341 (-4) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 2 (-2) [Q1 2025]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$25
1%
downside
Avg. target
$32
28%
upside
High target
$38
51%
upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
Oppenheimer
Timothy Horan
35%upside
$34
Outperform
Initiated
5 May 2025
BWS Financial
Hamed Khorsand
1%downside
$25
Neutral
Maintained
23 Apr 2025
Barclays
Mathieu Robilliard
51%upside
$38
Overweight
Maintained
10 Mar 2025

Financial journalist opinion

Based on 14 articles about IRDM published over the past 30 days

Neutral
Zacks Investment Research
1 week ago
3 Stocks to Watch From the Satellite and Communication Industry
Macro uncertainty remains a concern for the Zacks Satellite and Communication industry participants like IRDM, GSAT and GILT. Growing global connectivity needs could drive prospects in the long term.
3 Stocks to Watch From the Satellite and Communication Industry
Neutral
Seeking Alpha
1 week ago
Undercovered Dozen: Gevo, Eledon, Dorian, Iridium +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering potential investment ideas and sparking community discussion. Aeluma, Inc. is a speculative microcap with game-changing semiconductor technology, a credible team, and significant grants, making it a strong buy. Big Yellow Group, despite macro pressures, shows steady revenue growth and strong cash generation, presenting a buy opportunity for long-term investors.
Undercovered Dozen: Gevo, Eledon, Dorian, Iridium +
Neutral
PRNewsWire
1 week ago
Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users
MCLEAN, Va. , May 6, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government version of the Iridium® 9603 module built for Enhanced Short Burst Data (ESBD).
Iridium Equips 9603 Module with Enhanced Short Burst Data Capabilities for Government Users
Positive
Zacks Investment Research
2 weeks ago
Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade
The consensus price target hints at a 52.3% upside potential for Iridium (IRDM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Wall Street Analysts Believe Iridium (IRDM) Could Rally 52.28%: Here's is How to Trade
Positive
Zacks Investment Research
2 weeks ago
Buy These Top-Ranked 5 Stocks to Play an Earnings Beat
Top-ranked stocks Fox (FOXA), Newmont (NEM), Affirm (AFRM), HealthStream (HSTM)) and Iridium Communications (IRDM) are likely to beat on the bottom line in their upcoming releases.
Buy These Top-Ranked 5 Stocks to Play an Earnings Beat
Positive
Invezz
2 weeks ago
Why I disagree with Cathie Wood's bullish stance on Iridium stock
Famed investor Cathie Wood recently parked nearly $10 million in the McLean-based Iridium Communications Inc. (NASDAQ: IRDM). Wood, the founder and chief executive of Ark Invest, loaded up on more than 418,000 shares last week of the company that operates the Iridium satellite constellation.
Why I disagree with Cathie Wood's bullish stance on Iridium stock
Positive
Seeking Alpha
3 weeks ago
Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)
Iridium Communications' stock has dropped 27.9% since February, presenting a buying opportunity despite broader market declines and economic concerns. The company reported solid revenue growth, with commercial service revenue increasing and IoT data revenue seeing significant gains. Management expects continued growth, targeting $1 billion in annual service revenue by 2030, with projected annualized upside of 17.9% to 25%.
Iridium Communications: Shares Deserve To Fly To The Exosphere (Rating Upgrade)
Negative
Zacks Investment Research
3 weeks ago
After Plunging -26.98% in 4 Weeks, Here's Why the Trend Might Reverse for Iridium (IRDM)
Iridium (IRDM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
After Plunging -26.98% in 4 Weeks, Here's Why the Trend Might Reverse for Iridium (IRDM)
Positive
Zacks Investment Research
3 weeks ago
Here's Why Iridium Communications (IRDM) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Iridium Communications (IRDM) is a Strong Value Stock
Negative
Zacks Investment Research
3 weeks ago
Iridium's Q1 Earnings & Revenues Top, Increase Y/Y, Shares Tumble
IRDM's Q1 performance is led by higher service revenues and subscriber strength. The stock falls 6.9% due to potential global trade volatility and rising costs.
Iridium's Q1 Earnings & Revenues Top, Increase Y/Y, Shares Tumble
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