Iridium CommunicationsIRDM
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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]
6.34% more ownership
Funds ownership: 81.58% [Q3] → 87.92% (+6.34%) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 123
1% less capital invested
Capital invested by funds: $2.95B [Q3] → $2.91B (-$42.5M) [Q4]
2% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 50
1% less funds holding
Funds holding: 348 [Q3] → 344 (-4) [Q4]
28% less call options, than puts
Call options by funds: $7.83M | Put options by funds: $10.8M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BWS Financial Hamed Khorsand 48% 1-year accuracy 88 / 184 met price target | 4%upside $25 | Neutral Maintained | 23 Apr 2025 |
Barclays Mathieu Robilliard 50% 1-year accuracy 2 / 4 met price target | 57%upside $38 | Overweight Maintained | 10 Mar 2025 |
Financial journalist opinion
Based on 14 articles about IRDM published over the past 30 days
