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 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]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Oppenheimer Timothy Horan | 8%upside $34 | Outperform Initiated | 5 May 2025 |
BWS Financial Hamed Khorsand | 21%downside $25 | Neutral Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 6 articles about IRDM published over the past 30 days
