Iridium Communications
IRDM
Market cap $3.1B

28.64 USD

-0.59

2.02%

At close Jun 13, 4:00 PM EDT

After hours

28.64

+0.00

0.00%

1 day

-2.02%

5 days

3.02%

1 month

11.61%

3 months

6.59%

6 months

-5.20%

Year to date

-3.15%

1 year

5.68%

5 years

8.28%

10 years

183.00%

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

Communication Services Telecom Services

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

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

15% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 118

6.81% more ownership

Funds ownership: 87.93% [Q4 2024] → 94.75% (+6.81%) [Q1 2025]

9% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 47

0% more funds holding

Funds holding: 345 [Q4 2024] → 346 (+1) [Q1 2025]

3% less capital invested

Capital invested by funds: $2.91B [Q4 2024] → $2.82B (-$88.4M) [Q1 2025]

50% less funds holding in top 10

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

See Fund Rankings

Research analyst outlook

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

Low target

$25

13%

downside

Avg. target

$30

3%

upside

High target

$34

19%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Oppenheimer Timothy Horan	19%upside $34	Outperform Initiated	5 May 2025
BWS Financial Hamed Khorsand	13%downside $25	Neutral Maintained	23 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about IRDM published over the past 30 days

New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform

DENVER, June 11, 2025 (GLOBE NEWSWIRE) -- New Iridium, a sustainable chemical innovation company pioneering low-carbon and clean chemistry technologies, today announced it has raised $2.65 million in seed financing. This funding builds on support from the National Science Foundation and U.S. Department of Energy (DOE), including a Small Business Innovation Research (SBIR) grant from the Bioenergy Technologies Office (BETO) and ENERGYWERX Vouchers awarded through the DOE's Office of Technology Commercialization (OTC).

New Iridium Raises $2.65M in Seed Funding to Accelerate Sustainable Chemical Platform

Zacks Investment Research

Iridium Launches Iridium Chat App to Enhance Global Off-Grid Messaging

IRDM launches Iridium Chat, a global satellite messaging app that syncs with GO! exec and works even off-grid or via Wi-Fi.

Iridium Launches Iridium Chat App to Enhance Global Off-Grid Messaging

New Iridium Chat App Enables Unlimited Global Messaging via Iridium GO! exec

Iridium Chat app debuts alongside new Iridium GO! exec unlimited plan built for data intensive applications from the field MCLEAN, Va.

New Iridium Chat App Enables Unlimited Global Messaging via Iridium GO! exec

Zacks Investment Research

Iridium Partners Syniverse to Power Global D2D Satellite Connectivity

IRDM collaborates with Syniverse to launch and scale Iridium NTN Direct, extending mobile network coverage globally.

Iridium Partners Syniverse to Power Global D2D Satellite Connectivity

Iridium and Syniverse Partner to Bring Direct-to-Device Satellite Connectivity to Mobile Network Operators Worldwide

MCLEAN, Va. , May 29, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced a new partnership with Syniverse, the world's most connected company®, to support the rollout of Iridium NTN Direct SM service with mobile network operators (MNOs) worldwide.

Iridium and Syniverse Partner to Bring Direct-to-Device Satellite Connectivity to Mobile Network Operators Worldwide

Zacks Investment Research

Iridium (IRDM) Up 17.3% Since Last Earnings Report: Can It Continue?

Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?

Iridium (IRDM) Up 17.3% Since Last Earnings Report: Can It Continue?

Zacks Investment Research

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

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 +

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

Zacks Investment Research

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

See News Rankings

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